Startup Center

Vision

Our vision is to find the sources of new ideas towards the growth of our society by enabling entrepreneurs with decency (virtue) & well-grounded and encourage them with their individual ability and creativity.

Mission

Our mission is to create the environment of Entrepreneurship with the passion and spirit among the students and aspiring Entrepreneurs of the society.

Long Term Goals (3 Years)

• Motivate the students to develop their own startups
• Develop more business incubators
• Create corpus fund to seed ventures
• To organize camps, seminars, symposia, workshops, industrial visits, conferences, and other development programs

Short Term Goals (1 Year)

• To create awareness on Entrepreneurships among young & scholar students.
• To provide an infrastructure as a platform for interaction with entrepreneurs.
• Impart entrepreneurial education or skills amongst students through various training programs and hands on practices.
• Arrange vibrant interaction with delegations of various organizations for promoting the cause of entrepreneurship.
• To inculcate Entrepreneurial Spirit and Culture among young & scholar students.

• Impart skills through short term training in Entrepreneurship and Enterprise Development.
• To create Entrepreneurial culture in the Parent Institution and other institutions in the region including programs related to women and weaker sections of the society.
• Establishment and promotion of linkages between the university, Industry stakeholders and requisite partners in youth entrepreneurship.
• Promotion of a philosophy, culture and mindset in the youth on the social & economic value of entrepreneurial positioning and behavior.
• To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and Micro Enterprises.

• Entrepreneurship Awareness Camps (EACs)
• Entrepreneurship Development Programs (EDPs)
• Faculty Development Programs on Entrepreneurship (FDPs)
• Entrepreneurship & Skill Development Programs (ESDPs)
• Technology Entrepreneurship Development Programs (TEDPs)
• Guest Lectures & Seminars on Entrepreneurship
• Visits to various Industries
• Market Research & Survey
• Curriculum Development on Entrepreneurship based courses
• Business Model Designing
• Business Plan / Project Report Preparation

Sr No:	Name Of the Events	Dates
1	Guest Session on “Entrepreneurship Awareness Program”
2	Inspirational Speech by Delegates Seminar on “How to startup our own ventures” Seminar on “Understanding the developing Entrepreneurial mind - sets”.
3	Guest Lecture by Delegates Seminar on “How to prepare a business Plan”. Seminar on “Creating a Successful Financial Plan”.
4	Case study on one Entrepreneur of students’ choice to test the direction of thinking of the student by his opinion on the Entrepreneurs.
5	Orientation program with Business Delegates On Marketing Techniques & Market Survey Financial Assistance for SME (Small & Medium Enterprises Role of Small scale sectors in India.
6	Guest Lecture on “Entrepreneurs: how to start your Import Export Business”
7	FDP on EDC by VIVA School of MCA
8	Guest Session on “Entrepreneurship Development Cell”
9	Workshop on Business & Wealth Management: Inputs on Money Management & Wealth Creation, Investments & Businesses
10	Industrial Visits
11	Ideas of Entrepreneur activities in the college Android App Development Digital Marketing for new Business Promotions Social Welfare
12	Seminar on “Agro Export under APEDA”

The Start-up India initiative of the Government of India envisages to build a robust Start-up ecosystem in the country for nurturing innovation and providing opportunities to aspiring entrepreneurs. The Start-up India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start-ups with jobs creation. An Action Plan with 19 action points

for Start-up India initiative was unveiled by the Hon’ble Prime Minister on January 16, 2016. This Action Plan laid down a roadmap for the creation of a conducive ecosystem for Start-ups in India. Subsequently, many activities have been undertaken to encourage Startups.

The Stand-up India initiative is also aimed at promoting entrepreneurship among SCs/STs, women communities. Rural India's version of Start-up India was named the Deen Dayal Upadhyay Swaniyojan Yojana. To endorse the campaign, the first magazine for start- ups in India, The Cofounder, was launched in 2016.

Key Points

• Single Window Clearance even with the help of a mobile application
• 10,000 crores fund of funds
• 80% reduction in patent registration fee
• Modified and more friendly Bankruptcy Code to ensure 90-day exit window
• Freedom from mystifying inspections for 3 years
• Freedom from Capital Gain Tax for 3 years
• Freedom from tax in profits for 3 years
• Eliminating red tape
• Self-certification compliance
• Innovation hub under Atal Innovation Mission
• Starting with 5 lakh schools to target 10 lakh children for innovation programme
• New schemes to provide IPR protection to start-ups and new firms
• Encourage entrepreneurship.
• Stand India across the world as a start-up hub

Government Rule for Start-up India

The MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) decided that any business can be considered as a Start-up which is up to a period of 7 years from the date of incorporation/registration, if it is incorporated as a private limited company or registered as a partnership firm or a limited liability partnership in India. In the case of Startups in the biotechnology sector, the period shall be up to ten years from the date of its incorporation/ registration or turnover of the entity for any of the financial years since incorporation/ registration has not exceeded Rs. 25 crore.

With the objective to build a strong eco-system for nurturing innovation and Startups in the country the Government launched a Startup India Action Plan that offers the following support to recognized supports through:

Step Guide to Starting a Business:

While starting a business you need to forethought proper plan, make key financial decisions and complete a series of legal activities. These steps can help you in planning, preparing and managing your business.

Step 1: Refine Your Research

There are a number of ways you can identify this need, including research, focus groups, and even trial and error. As you explore the market, some of the questions you should answer include:

• Is there a need for your anticipated products/services?
• Who needs it?
• Are there other companies offering similar products/services now?
• What is the competition like?
• How will your business fit into the market?

Step 2: Build a Business Plan

• Title page: Start with name the name of your business, which is harder than it sounds. This article can help you avoid common mistakes when picking.
• Executive summary: This is a high-level summary of what the plan includes, often touching on the company description, the problem the business is solving, the solution and why now. (Here’s what you should include in the summary and how you can make it appeal to investors.)
• Business description: What kind of business do you want to start? What does your industry look like? What will it look like in the future?
• Market strategies: What is your target market, and how can you best sell to that market?
• Competitive analysis: What are the strengths and weakness of your competitors? How will you beat them?
• Design and development plan: What is your product or service and how will it develop? Then, create a budget for that product or service.
• Operations and management plan: How does the business function on a daily basis?
• Finance factors: Where is the money coming from? When? How? What sort of projections should you create and what should you take into consideration?

Step 3: Plan Your Finance

There are a number of ways you can fund your small business, including:

• Financing
• Small business loans
• Small business grants
• Angel investors
• Crowd funding

Step 4: Choose Your Business Structure

Your small business can be a sole proprietorship, a partnership, a limited liability company (LLC) or a corporation. The business entity you choose will impact many factors from your business name, to your liability, to how you file your taxes.

Step 5: Pick and Register Your Business Name

Your business name plays a role in almost every aspect of your business, so you want it to be a good one. Make sure you think through all of the potential implications as you explore your options and choose your business name. A sole proprietor must register their business name with either their state or county clerk. Corporations, LLCs, or limited partnerships typically register their business name when the formation paperwork is filed.

Step 6: Get Licenses and Permits

Paperwork is a part of the process when you start your own business. There are a variety of small business licenses and permits that may apply to your situation, depending on the type of business you are starting and where you are located. You will need to research what licenses and permits apply to your business during the start-up process.

Step 7: Choose Your Accounting System

Small businesses run most effectively when there are systems in place. One of the most important systems for a small business is an accounting system. Your accounting system is necessary in order to create and manage your budget, set your rates and prices, conduct business with others, and file your taxes. You can set up your accounting system yourself, or hire an accountant to take away some of the guesswork. If you decide to get started on your own, make sure you consider these questions that are vital when choosing accounting software.

Step 8: Set Up Your Business Location

Setting up your place of business is important for the operation of your business, whether you will have a home office, a shared or private office space, or a retail location. You will need to think about your location, equipment, and overall setup, and make sure your business location works for the type of business you will be doing. You will also need to consider if it makes more sense to buy or lease your commercial space.

Step 9: Get Your Team Ready

If you will be hiring employees, now is the time to start the process. Make sure you take the time to outline the positions you need to fill, and the job responsibilities that are part of each position. The Small Business Administration has an excellent guide to hiring your first employee that is useful for new small business owners.

Step 10: Promote Your Small Business

Once your business is up and running, you need to start attracting clients and customers. You'll want to start with the basics by writing a unique selling proposition (USP) and creating a marketing plan. Then, explore as many small business marketing ideas as possible so you can decide how to promote your business most effectively.