‘How to write a business plan?’ is without doubt one of the mostly Googled questions amongst start-up house owners, revealed Novuna Business Cash Flow research. In an underdeveloped or creating nation, entrepreneurs face a number of points, amongst which lack of enterprise planning, advertising and marketing technique and financing are most distinguished. Experts imagine entrepreneurial literacy beginning at a younger age will help enhance sustainability. “Entrepreneurship programmes on campus in a developing country can boost mindsets and atmosphere among students by giving them the opportunity to run businesses,” Vivek Agarwal, Mentor, Entrepreneurs in Residence, Visiting school, Anant National University, instructed FE Education.
The Entrepreneurs in Residence (EIR) programmes at Anant University was launched in September 2021 and presents a one-year course. “We plan to support developing ideas and scaling up existing companies,” Agarwal stated. According to him, in 2022 the EIR cohort comprised three start-ups which included Angirus, Favo Robotics and Papaya, with eight entrepreneurs.
The college claims to have designed the course for candidates who require and may leverage bodily infrastructure similar to maker-space, library, work-space, trade information, school, researchers, and college students. The varsity claims to offer these services to candidates enrolled for the programme at a course price of Rs 30,000 every year. “In 2023, we plan to select a cohort of upto 10 start-ups,” Agarwal famous. He additional added that the varsity plans to begin the EIR programme in February 2023, for which, the applying course of has already been began.
According to the varsity, the EIR course is structured into 5 phrases. In the primary time period, candidates are uncovered to classification phases as per the enterprise’s enterprise maturity and concentrate on getting the start-ups to the subsequent stage by the top of the time period. The second and third time period concentrate on lectures, hackathon periods and structured mentoring periods, and growth of prototype. “In the final two terms, we teach the candidates about product development, market strategies, planning company structure, investment instruments and raising external investments,” Agarwal stated.
Furthermore, the college plans to introduce new programmes on local weather change, Anant fellowship for local weather motion and government training which incorporates Entrepreneurs in Residence and Designing Affordable (ERDA) dwelling programme.
Source: www.financialexpress.com”