Conference Presentation, National Conference on Innovations in Information and Communication Technologies (NCIICT-2021) organized by Bannari Amman Institute of Technology, Tamil Nadu, India on 07-08 May 2021
07-08 May 2021
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Development of an app using business development start up incubators
1. Development of an app based in
big data analytics to facilitate start-
up incubators
Samita Ramesh Babu
3rd year B.Tech, Department of Information
Technology,Specializing in Cyber Security,
Hindustan Institute of Technology and Science,
#1,IT Expressway, Bay Range Campus, Padur, Chennai–
603103, Tamil Nadu, India.
18134001@student.hindustanuniv.ac.in
Dr. C.V. Suresh Babu
Professor, Department of Information
Technology,
Hindustan Institute of Technology and Science,
#1,IT Expressway, Bay Range Campus,
Padur, Chennai–603103, Tamil Nadu, India.
pt.cvsuresh@hindustanuniv.ac.in
National Conference on Innovations in Information and Communication Technologies (NCIICT-2021)
2. ABSTRACT
• Unemployment has always been an issue in
India with around world’s 1/3 population. The
youth are facing huge competition making it
difficult to survive
• Using Big Data Analytics to drive Business
Intelligence (BI) helps us to accelerate the
growth of employment opportunities and
make smarter driven decisions.
• Startup can produce ecosystem and can
generate large scale employment
opportunities and sustain economic growth.
• Increase in the employment opportunities
increases the GDP growth which cause
positive effect on economic growth.
3. INTRODUCTION
Startups have proven to be a rapidly growing market that provides new
innovations, products and services. This has also shown decrease in
unemployment.
The idea behind this application is to connect the bridge between the
investors, public and ideas owned by the future entrepreneurs.
. Building an application that would that would help in financing the
startups.
Financial firms have the ability to leverage Big Data for Use cases to
revenues for data driven system and allowing efficiency for the customer
service. Business Intelligence does help in providing the insights that we
require to start a startup.
4. OBJECTIVES
To provide funds for startups through application.
This app provides collaboration with any other
startups or business ventures or the government
Latest news about the venture capitalists and current
stock markets from Indian Stock Market System.
To increase the economy of India by creating more
employment opportunities.
5. LITERATURE
REVIEW
• The rate of unemployment has increased at a rate of 24%
due to the COVID-19 pandemic. This has caused the
disruption of workforce by many companies. There has been
a negative inflation on our economic growth.
• According to Mona Girnara, 2020 has said explained few
roles of startup on Indian Economy. She said it would create
more jobs, create a better standard of living and produce
increase in Gross Domestic Product (GDP).
• Trak.In is a website where it lists down the fundings and
investments made by the companies since 2016. This blog
focuses on the Indian business and startups.
• . S.Dharini Dharan, 2018 has made a study on performance
of Startups on Indian Economy where he concluded the
startups being a greater impact on economy. She has also
stated the finance being a major concern where the
availability for finance has become a crucial factor.
• LetsVenture is an application that has established a funding
platform for startups by venture capitalists and angel
investors. This app is useful for startups funding.
6. PROPOSED
METHODOLOGY
Using Big Data Analytics to drive Business Intelligence
(BI) helps us to accelerate the growth of employment
opportunities and make smarter driven decisions.
It helps establish connection with the investors or people
interested buying direct shares.
It is not just based on one type of funding
Added security
7. OTHER
FACTORS
• FUNDING OPTIONS
• investors, corporates, startups
and government.
• share market anyone interested in
your idea can buy shares.
• cryptocurrency investors
• Provides current news on the current
technology and many other applications.
8. STEPS TO
MAKE
FUNDING
CHOOSE TYPE OF FUND
PROCESSING FUND
MEET EXPECTATIONS OF THE INVESTORS
RAISE YOUR FUNDING
EVALUATION TERMS AND CONDITIONS
9. HOW TO PROCESS A
STARTUP
• IDEATION
• LAUNCH A PROTOTYPE
• REVENUE
• SCALE OF GROWTH
10. SCOPE OF
FURTHER DEVEOPMENT
• .This application can be enhanced
by adding fantasy games through
virtual money can be earned and
with points you can invest in
stocks
• Through this application it can
change fate of many
entrepreneurs
• We can collaborate with
government startup india scheme.
11. CONCLUSION
Your way of approach is important in how you
convey your idea into terms that would catch
the eye of the person interested.
This application is devised because in order to
start a startup as finance has been a main
concern.
Startups can change the situation of the world
It will help rise in economy