A hub for startup ventures, India today is one of the top three countries which buffets wings for a million golden business dreams. The idea of establishing entrepreneurship as a viable future road has taken seen here like no other, especially so in the last decade.
Realities for Entrepreneurship in India:
The picture however, is far from rosy perfection – the lack of awareness, guidance, and infrastructure keeps an individual from starting up. A vast majority of the population remains unaware about the fundamentals of entrepreneurship and consider it as an alien term; and that is where organisations – college-level, business and even non-government and governmental bodies come in. And spread awareness, engage and encourage others towards it. Including the E-Cell in IIT Bombay.
The rationale behind E-Cells:
Acting as a support base for entrepreneurial trends and tendencies, IIT Bombay set up an E-Cell to engage students with the entrepreneurship community and give them the space to develop as future entrepreneurs. And even nurture campus-startups in the near future.
The National Entrepreneurship Challenge:
Beginning from 2013, the National Entrepreneurship Challenge came up as a manner in which the E-Cell at IIT Bombay could achieve this type of environment for campus startups. A pan-India initiative, it calls for participants to submit their own entries of a seven-member golden team, who would work on assignments and lead to a broader E-Cell network for their college.
The National Entrepreneurship Challenge 2017, rolls out the red carpet for similar dream teams, with prizes worth Rs 6 lakh on the anvil. The first set of assignments for them will begin from August 31.
Why the National Entrepreneurship Challenge?
The NEC 2016 was a resounding success – it saw participation from 601 colleges and everyone who came across it, couldn’t stop speaking about it.
To know more about the National Entrepreneurship Challenge 2017, we request you to read more here.