WHO IS AN ENTREPRENEUR.?
What is an Start-up.?
Stages to set up Startup
Current scenario in INDIA of start ups
Fun Facts for INDIAN start ups
Sad Facts for INDIAN start ups
All is not Well with this Start-up Movement in India
Government Intervention
Options of ownerships
Sources of finance available to a business
Sources of finance available to start-ups
Criteria FOR LOANS
The problem areas LOANS
2. WHO IS AN ENTREPRENEUR.?
BOOK DEFINITION – “a person who sets up a
business, taking on financial risks in the hope of
profit”
a starter
Is the driver
Is accountable and responsible
Is a innovator
Risk bearer
3. What is an Start-up.?
A startup is a young company that is just beginning
to develop. Startups are usually small and initially
financed and operated by a handful of founders or
one individual. These companies offer a product or
service that is not currently being offered elsewhere
in the market, or is being offered in an inferior
manner.
4. Stages to set up Startup
Ideating
Concepting
Committing
Validating
Scaling
Establishing
5. Current scenario in INDIA
Start-Up wave in India is a relatively new
phenomenon.
India is today undergoing a fundamental shift with
entrepreneurship
A decade ago, there used to be only a handful of Indian
Start-Up success stories
MakeMyTrip.com and Naukri.com
But now, the Indian Start-Up Ecosystem has indeed
come a long way
6. Fun Facts
India ranks 3rd among global startup ecosystems with
more than 4,200 startups that employ close to 85,000
employees
$5 billion worth of investment in 2015 and three to four
startups emerging every day
The statistics on the demography of the ecosystem says
that 72% of the founders are less than 35 years old
India home to the youngest of entrepreneurs in the
world.
7. Sad Facts
Only 9% of the Start-Ups have female founders
Most of the startups and financiers are located in
Delhi NCR, Bangalore, and Mumbai.
With Hyderabad, Pune and Chennai account for more
than 90% of the Start-Ups in India
Majority of these are B2C ventures
Their focus largely limited to information technology
8. All is not Well with this Start-up
Movement in India.!
India’s startup successes are mostly about software
enabled firms, rarely about hardware product
companies
This can be attributed to the lack of funds
Without initial investment, product stat-ups would
find it extremely difficult to sustain themselves
Early Stage Funding – Angel and Seed Funding
Venture Capitalist in India generally invest in firms
that are already generating revenues
9. Government Intervention…
the provision of alternate sources of funding
Partnership between the Industry and Academia
Mentorship needs to be provided
To foster innovation and entrepreneurship
The ease of doing business in the country
India still ranks at a dismal 130 in the World Bank’s
Ease of doing Business Index
Labor laws in India are out-dated
11. Sources of finance available to a
business
Securities
Shares
Bonds
Debentures
Term loans
Working capital
advances
Cash credit
Short term loans
Bills of exchange
Miscellaneous
Deferred credit
Lease
Hp
Unsecured loans
Subsidies
International finance
12. Sources of finance available to
start-ups
Capital
Term loans
Lease
Hp
Government Institution
Subsidies
Love money
Business Incubators
13. Criteria
General Criteria Proposal based criteria
a detailed project description,
including location
an explanation of the benefits
of your project
a detailed work plan with full
costs
details of relevant experience
and background on key
managers
completed application forms
when appropriate
Most reviewers will assess your :
Significance
Approach
Innovation
Assessment of expertise
Need for the funds
14. The problem areas
The research/work is not relevant.
Ineligible geographic location.
Applicants fail to communicate how their ideas will be
addressed.
The proposal makes without a strong rationale.
The research plan is unfocused.
There is an unrealistic amount of work.
Funds are not matched.