ED CELL
Getting started with Startups!
Event Name: Getting Started with Startups!
Date: 9th September 2024
Timings: 10:00 AM
Target Audience: Students
Venue: Tejas Seminar Hall
Organized by: Entrepreneurship Development Cell (ED CELL)
Faculty Coordinator: Ms. Jyothi Shetty
Student coordinator: Ms. V Sai Pranavi, Mr. Ishan Luwang Pheiroijam
No. of Participants: 140 Participants
Guest Details: Mr. Chander Wanchoo, Associate Vice President, Business Operations and Global Sales Enablement, TATA Communications
Brief description of the event:
Introduction:
The Entrepreneurship Development (ED) Cell of New Horizon College, Marathahalli, organized a highly anticipated event titled “Getting Started with Startups!” on the 9th of September, 2024. The primary objective of the event was to provide students with a unique opportunity to gain valuable insights into the world of startups and entrepreneurship. The event featured an expert talk by Mr. Chander Wanchoo, a seasoned entrepreneur with a wealth of experience in launching and managing successful startups
Event Overview:
The event was held in the Tejas Seminar Hall of New Horizon College, which provided an ideal venue for the occasion. The seminar hall, with its modern infrastructure and capacity to accommodate a large audience, set the stage for an engaging and informative session. The event witnessed the participation of 140 registered students, all of whom were eager to explore the world of startups and entrepreneurship.
The session commenced at 10:00 AM, with an introduction to the day’s agenda and a brief overview of the ED Cell’s activities and initiatives. The organizers from the ED Cell highlighted the importance of entrepreneurship in today’s rapidly evolving business landscape, emphasizing that the skills and knowledge gained through such events can play a crucial role in shaping the careers of young professionals.
Keynote Address by Mr. Chander Wanchoo:
The highlight of the event was the expert talk by Mr. Chander Wanchoo. His presentation focused on several key aspects of the startup ecosystem, drawing from his personal experiences and industry expertise.
Mr. Wanchoo began by discussing the mindset of an entrepreneur, stressing the importance of resilience, adaptability, and risk-taking His engaging storytelling captivated the audience, making the concepts more relatable and easier to understand.
He then moved on to the steps involved in launching a startup. Mr. Wanchoo provided a detailed roadmap, beginning with the identification of a viable business idea, followed by market research, developing a business plan, securing funding, and finally, the execution of the business model. He stressed the significance of customer validation and the need for continuous innovation to stay competitive in the market.
Challenges in the Startup Ecosystem:
One of the most insightful moments of the session was when Mr. Wanchoo addressed the common challenges faced by startups. From financial constraints to building a strong team, and from navigating regulatory hurdles to scaling a business, he offered practical advice on how to tackle these obstacles. He emphasized the importance of networking and mentorship in the entrepreneurial journey, encouraging students to actively seek guidance from seasoned professionals.
Interactive Q&A Session:
Following his address, Mr. Wanchoo opened the floor for an Interactive Q&A session. Students eagerly posed their questions, seeking advice on various aspects of entrepreneurship, such as how to develop a unique value proposition, strategies for raising funds, and tips for sustaining a startup in the long term. Mr. Wanchoo answered each question thoughtfully, providing actionable insights and encouraging the students to remain persistent in their entrepreneurial aspirations.
Conclusion:
The event concluded with a vote of thanks, delivered by the ED Cell Head V Sai Pranavi, who expressed her gratitude to Mr. Chander Wanchoo for his time and for sharing his valuable knowledge. The students left the seminar with a renewed sense of enthusiasm and confidence, armed with the insights and inspiration needed to take the first steps toward their entrepreneurial journeys.
Feedback and Impact: Feedback from the participants was overwhelmingly positive. Many students expressed that the event gave them a deeper understanding of the startup ecosystem and helped them develop a clearer vision for their entrepreneurial goals. The practical tips and real-world examples shared by Mr. Wanchoo were particularly appreciated.
The event was a resounding success in achieving its goal of igniting entrepreneurial interest among students. It provided them with a blend of theoretical insights and practical advice from someone who has successfully navigated the entrepreneurial landscape. The event also reinforced the pivotal role of the ED Cell in fostering entrepreneurship at New Horizon College, leaving a lasting impact on the attendees and motivating them to seriously consider entrepreneurship as a viable career path.
