Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than โน25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of โน200 billion (US$2.8 billion) has been allocated for this scheme.
The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
A presentation of research on the link between entrepreneurship and economic growth, given before the RAIN Eugene Accelerator Annual Showcase on October 3, 2017.
Startup India is an initiative of the Government of India.
The campaign was first announced by Indian Prime Minister, Narendra Modi during his 15 August 2015 address from the Red Fort, in New Delhi. The action plan of this initiative, is based on the following three pillars:
i )Simplification and Handholding.
ii) Funding Support and Incentives.
iii) Industry-Academia Partnership and Incubation.
An additional area of focused relating to this initiative, is to discard restrictive States Government policies within this domain, such as License Raj, Land Permissions, Foreign Investment Proposals, and Environmental Clearances. It was organized by The Department of Industrial Policy and Promotion (DIPP)
A startup defined as an entity that is headquartered in India, which was opened less than seven years ago, and has an annual turnover less than โน25 crore (US$3.5 million).[3] Under this initiative, the government has already launched the I-MADE program, to help Indian entrepreneurs build 1 million mobile app start-ups, and the MUDRA Banks scheme (Pradhan Mantri Mudra Yojana), an initiative which aims to provide micro-finance, low-interest rate loans to entrepreneurs from low socioeconomic backgrounds.[4] Initial capital of โน200 billion (US$2.8 billion) has been allocated for this scheme.
The presentation covers, Profile of Start-ups, Start-up Ecosystem, Issues and Challenges faced by Start-ups,Opportunities available for Start-ups, Government Initiatives,Valuations of few Start-ups,Reasons for failure of Start-ups etc.
A presentation of research on the link between entrepreneurship and economic growth, given before the RAIN Eugene Accelerator Annual Showcase on October 3, 2017.
Angel investors and
entrepreneurs. Its objective would be to help lucrative, reasonable and pleasant relationships
between entrepreneurs and angels.
After being an energetic angel investor for around fifteen decades, many investors recognized
that lots of the conversations they were involved with were practically just like types they
would had often before.
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
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
Assignment Sample of Unit 9 Entrepreneurship and Small Business Management
If you want to make your own customize assignment please visit: https://topnotchresearch.org/services/
Angel investors and
entrepreneurs. Its objective would be to help lucrative, reasonable and pleasant relationships
between entrepreneurs and angels.
After being an energetic angel investor for around fifteen decades, many investors recognized
that lots of the conversations they were involved with were practically just like types they
would had often before.
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
"Start Up India... Stand Up India" is an government initiative - announced by GOI on 16th Jan 2016. For inspiring youth for the entrepreneurship & start ups.
Assignment Sample of Unit 9 Entrepreneurship and Small Business Management
If you want to make your own customize assignment please visit: https://topnotchresearch.org/services/
TLE 504 - Introduction to Entrepreneurship.pptxMendozaPatrice
ย
There are people around the world who are unaware of their entrepreneurial potential. It is because, an entrepreneurial capacity is not innate in every person but has to be developed. Not all human being is born to become an entrepreneur or to engage in entrepreneurship. To become one of them, the education of a person should not be impeded or hindered by being financially-handicapped. It requires an initiative and the values of resourcefulness and self-determination. Through these, the person could find the opportunities for supports to develop his/her own competencies to think and innovate. These abilities can be noted on the persons that are not contented of what they do but, to keep on thinking. In fact, there are public servants who resign from government service and engage on entrepreneurial activities. They want to exploit their full potentials and became successful in business. Unlike in government service, it is in entrepreneurship where some people became successful in life. Because of their innovative, they could immediately implement what they thought and seek government supports when necessary. Entrepreneurship can be considered a national asset, and entrepreneurs are the drivers of that asset for any country. It is a dynamic process that not only increases wealth and but can also create value that results in improved well-being. It plays an important role in changing society, so it makes sense to cultivate, motivate, and remunerate this greatest asset to the greatest extent possible (Mohamed, 2020). Universities, being a brewing spot for knowledge spillover (Audretsch and Caiazza, 2016), are considered as an engine to improve economic growth by developing potential entrepreneurs (Lackรฉus, 2015; Ward et al., 2019). Entrepreneurial potential is a useful concept because not only it encompasses the degree in which an individual possesses entrepreneurial-related qualities, but also accounts for entrepreneurial intentions, or the state of mind of determination to act toward creating business. Intentions are particularly meaningful because they have a reasonably high prediction power of actual behavior (Krueger, 2017; Ward et al., 2019), and it is a good proxy to overview the short-term future of business activity. Hence, teachers are introduced to the concepts and theories of entrepreneurship, including some factors that drive entrepreneurship. While the topic requires more understanding, it is also necessary for the teachers that they be capacitated to become an entrepreneur as their additional tools in the delivery of service to communities.
Money Making Business Ideas You Can Start from Home with Low Costs (Profitabl...Ajjay Kumar Gupta
ย
Money Making Business Ideas You Can Start from Home with Low Costs (Profitable Part Time, Spare Time and Side Businesses)
There's never been a better time to start your own company. Every day, new enterprises pop up around the country, and the majority of them are launched at home. Whether these new companies are driven by stay-at-home moms trying to supplement their income, or young people beginning their own firms and looking to boost their monthly income, many people are becoming enamoured with the entrepreneurial spirit.
For More Details: https://www.entrepreneurindia.co/book-details/236/money-making-business-ideas-you-can-start-from-home-with-low-costs-profitable-part-time-spare-time-and-side-businesses-2nd-revised-edition
Contact us
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This slides discusses key facts of entrepreneurship, how it contributes to a country's economy in terms of output and employment. It also talks about serial entrepreneurs, some notable examples and why such individuals attracts ventures.
Free Chapter : Entrepreneur to Market CreatorSaurabh Leekha
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Hi Friends,
Happy to share one chapter of my latest book, Entrepreneur to Market Creator.
All of our lives we have been taught business is all about understanding customer pain points and creating products or services to solve them.
I think otherwise! Business is all about creating MARKETS!
Business is all about going beyond the needs/gaps and creating something which the customer wouldn't have imagined.
Henry Ford had said, "If I had asked people what they wanted, they would have said faster horses."
When you create markets, they remain loyal to you. It's very difficult for your competitors to copy & paste your approach.
When you create markets, you don't belong to markets, but markets belong to you.
Just think about it!
Please read the chapter and share your feedback. Look forward to hearing from you.
Happy Reading!
ENTREPRENEUR INDIA 2013 in its 3rd yearhas become the marquee entrepreneurship event on building enterprising entrepreneurs. The convention is designed for Business Owners, Women Entrepreneurs, Start-ups and Enablers to provide the entire entrepreneurial ecosystem with a nurturing environment in which all could learn through the sharing of knowledge, experiences and information. The fabric of the Entrepreneur India 2013 conference is accordingly woven around 7 Iโs (Inspire , Ideate , Individual , Incubate , Innovate , Invest , Internationalize) which are critical to the lifecycle from startup to becoming a world Class Organization. To know more visit: www.entrepreneurindia.com/2013
Global Start-up Factory Foundation is the most unique and fastest growing subsidiary of RNS Group. Startup Factory helps young entrepreneurs and aspiring entrepreneurs who want to turn their idea into a business or startup and are also seeking early stage funding. And also helps in connecting with investors. Get funding, insights, mentorship and support from a wide network of Startups Easy to connect with Startup-Factory-India
THIS E BOOK IS VERY HELPFUL FOR ENTREPRENEURIAL
IDEAS AND SKILLS
FOR BEGINNERS AND START UPS. THIS E BOOK ALSO CONTAIN LINKS OF PHYSICAL BOOKS YOU CAN BUY
STUDY ABOUT ENTREPRENEUR IDEAS AND START UPS'
Concept of Entrepreneurship
Entrepreneurship is the ability and readiness to develop, organize and run a business
enterprise, along with any of its uncertainties in order to make a profit. The most prominent
example of entrepreneurship is the starting of new businesses.
What Is Entrepreneurship
In economics, entrepreneurship connected with land, labour, natural resources and capital
can generate a profit. The entrepreneurial vision is defined by discovery and risk-taking and
is an indispensable part of a nationโs capacity to succeed in an ever-changing and more
competitive global marketplace.
Meaning of Entrepreneur
The entrepreneur is defined as someone who has the ability and desire to establish,
administer and succeed in a startup venture along with risk entitled to it, to make profits. The
best example of entrepreneurship is the starting of a new business venture. The
entrepreneurs are often known as a source of new ideas or innovators, and bring new ideas
in the market by replacing old with a new invention.
It can be classified into small or home business to multinational companies. In economics, the
profits that an entrepreneur makes is with a combination of land, natural resources, labour
and capital.
In a nutshell, anyone who has the will and determination to start a new company and deals
with all the risks that go with it can become an Entrepreneur.
What are the 4 Types of Entrepreneurship?
It is classified into the following types:
Small Business EntrepreneurshipThese businesses are a hairdresser, grocery store, travel agent, consultant, carpenter,
plumber, electrician, etc. These people run or own their own business and hire family
members or local employee. For them, the profit would be able to feed their family and not
making 100 million business or taking over an industry. They fund their business by taking
small business loans or loans from friends and family.
Scalable Startup EntrepreneurshipThis start-up entrepreneur starts a business knowing that their vision can change the world.
They attract investors who think and encourage people who think out of the box. The research
focuses on a scalable business and experimental models, so, they hire the best and the
brightest employees. They require more venture capital to fuel and back their project or
business.
Large Company EntrepreneurshipThese huge companies have defined life-cycle. Most of these companies grow and sustain by
offering new and innovative products that revolve around their main products. The change in
technology, customer preferences, new competition, etc., build pressure for large companies
to create an innovative product and sell it to the new set of customers in the new market. To
cope with the rapid technological changes, the existing organisations either buy innovation
enterprises or attempt to construct the product internally.
Soci
This is the first session of 3 consecutive sessions covering the Topics of Entrepreneurship and Small Business Management conducted for Pearson's BTEC in Business Management.
In this lecture we capture the essence of Entrepreneurship. Types of entrepreneurs and an emphasis on the concept of Social Entrepreneurship.
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It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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What are start ups
1. What are start ups ?
Start ups refer to the establishment of a new
business. The term โstartupโ has been bandied
around with increasing frequency over the past
few years to describe scrappy young ventures, hip
apps and huge tech companies. But what is a
startup, really ?
A startup is a company working to solve a
problem where the solution is not obvious and
success is not guaranteed.
2. Who is an entrepreneur ?
An entrepreneur is a person who organizes and manages
any enterprise , especially a business, usually with
considerable initiative and risk.
And , entrepreneurship is the process of starting a
business or other organization. The entrepreneur
develops a business model, acquires the human and
other required resources, and is fully responsible for its
success or failure.
3. Type of startups
As per Steve Blank, business startups are of six types and they are follows :
1. Lifestyle Startups (Work to Live Their Passion) : On the California coast where I live,
lifestyle entrepreneurs are like surfers, teaching surfing lessons to pay the bills so they can
surf some more. Lifestyle entrepreneurs live the life they love, work for no one but
themselves and pursue their personal passion. The Silicon Valley equivalent is the
journeyman coder or Web designer who loves the technology and takes coding and U/I jobs
because it is a passion.
2. Small-Business Startups (Work to Feed the Family) : The overwhelming number of
entrepreneurs and startups in the U.S. today are still small businesses. This category consists
of grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts,
carpenters, plumbers, electricians, etc. They are anyone who runs his or her own business.
Small-business entrepreneurs work as hard as anyone in Silicon Valley. They hire local
employees or family. Most are barely profitable. Most small businesses are not designed for
scale โ the owners want to own their business and feed the family. Their only available
capital is their own savings, what they can borrow from relatives and banks. Small-business
entrepreneurs donโt become billionaires and donโt make many appearances on magazine
covers. But in sheer number, they are infinitely more representative of โentrepreneurshipโ
than entrepreneurs in other categoriesโand their enterprises create local jobs.
4. 3. Scalable Startups (Born to Be Big) : Scalable startups are what Silicon Valley entrepreneurs
and their venture investors aspire to build. Google, Skype, Facebook and Twitter are just the
latest examples. From day one, the founders believe that their vision can change the world.
Unlike small-business entrepreneurs, their interest is not in earning a living but rather in creating
equity in a company that eventually will become publicly traded or acquired, generating a multi-million-
dollar payoff.
Scalable startups require risk capital to fund their search for a business model, and they attract
investment from equally crazy financial investors โ venture capitalists. They hire the best and the
brightest. Their job is to search for a repeatable and scalable business model. When they find it,
their focus on scale requires even more venture capital to fuel rapid expansion.
4. Buyable Startups (Acquisition Targets) : In the past five years, the cost and time required to
build Web and mobile apps has plummeted. You can get to product/market fit and a million users
with $100,000 to $1 million. Many of these startups bypass traditional VCs by using crowd or
angel funding. In some cases, while they might be able to build a billion-dollar business, the lack
of traditional venture-capital investors (and nosebleed valuations) takes away the pressure of the
โswing for the fencesโ liquidity goals. This class of startup is likely to be sold to a larger company
for $5 million to $50 million. The founders and investors walk away with millions but not billions.
5. 5. Social Startups (Driven to Make a Difference) : Social entrepreneurs are no less ambitious,
passionate or driven to make an impact than any other type of founder. But unlike scalable startups,
their goal is to make the world a better place, not to take market share or to create to wealth for the
founders. They may be organized as a nonprofit, for-profit or hybrid.
6. Large-Company Startups (Innovate or Evaporate) : Large companies have finite life cycles. And
over the past decade, those cycles have grown shorter. Itโs already becoming clear that lean startup
practices are not just for scalable and buyable startups.
Corporations have spent the past 20 years increasing their efficiency by driving down costs. But
simply focusing on improving existing business models is not enough anymore. Almost every large
company understands that it also needs to deal with ever-increasing external threats by continually
innovating. To ensure their survival and growth, corporations need to keep inventing new business
models. This challenge requires entirely new organizational structures and skills.
6. Major Indian startups
The Indian startup story continues to grow as the year comes to an end.
With quite a lot of emerging startups in the country, there is hope and
promise for a lot of product innovators to make opportunities for
themselves and many others by creating great products and services
within the Indian market.
I have made this presentation where I am showcasing some real players
who have created great traction and made buzz within the industry so far.
Global eyeballs are certainly on the Indian startup market, with a lot of
foreign investors, VCs, and even institutions betting big on this market.
What is the reason that these domestic startups are succeeding?
As per this Economic Times article, Ravi Gururaj, chairman of the Nasscom
Product Council, said that the strategy of targeting domestic players will
benefit these startups, as international rivals do not understand the
nuances of India.
"Until now, the domestic market has been a sleeping giant," said Ashish
Gupta, senior managing director at Helion Venture Partners. "Things have
changed."
7. Nanobi Analytics
India's first Analytics App store, with Mahesh Ramakrishnan
as its founder, they have seed capital INR 7 million and a
target revenue of INR 2.5-5 billion by 2014-15. It helps 36
million small and medium businesses with low cost
analytics. In April, the first product was rolled out and Nanobi
signed up Cafe Coffee Day as one of its first customers. The
startup charges enterprises between Rs. 1,500 and Rs. 20,000
for an analytics application.
8. Exotel
This telephony startup looks quite promising and is on the radar as they
have simplified telephony for Indian firms with their software offering
virtual call center for SME's. Co-Founded by Shivakumar Ganesan, Ishwar
Sridharan, Vijay Sharma this startup has a target revenue of INR 4 billion
by 2013-14. Some of their customers include Redbus.in, Zivame among
others. Exotel helps firms by offering cloud telephony through a single
mobile number which can be routed to various mobile phones, to help
firms deploy customer service via different people but with the firm
having just one number. A mobile number or a toll free number can be
bought online by a customer for a prepaid credit of INR 6000 for a quarter.
9. iTiffin
iTiffin, a venture that delivers healthy meals, is a one year old Bangalore
based startup founded by Tapan Kumar Das and Ryan Fernando with one
of the well known cricket prodigy Robin Uthappa's backing. The food
startup which has mostly served the bachelors as well as the aam admi
has designed recipes accordingly that are as tasty, as they are healthy.
With this the firm is also set to launch meals for diabetics and heart
patients. The company that has already around 10,000 orders a month has
started offering custom-made lunchboxes to schoolchildren in an
educational institution that is part of a national school chain located in
North Bangalore. The vegetarian lunches are priced from 1,750 a month,
while non-vegetarian ones are priced from Rs 2,500. The company, which
is targeting revenue of about 2 crore this fiscal year, offers dinner plans as
well.
10. Mera Medicare
โMera Medicareโ , a startup by Madhu Khandelwal , is a unique business
model which has potential to revolutionize healthcare industry by
changing the way customers and healthcare professionals interact with
each other. Mera Medicare provides an effective-tail platform to both
healthcare professionals and customers while solving their key challenges.
Mera Medicare enables registered customers to get the prescription or
non-prescription medicines at their doorstep just by few clicks while
cutting down the medical bills by 30-40%. Mera Medicare enables
registered healthcare professionals to expand their business and get new
customers without much effort. In some cases, it might cut down capital
investment of setting up the business by 60-70%.
โMera Medicareโ is a perfect blend of experience, knowledge and passion.
As a team Mera Medicare has more than 50 years of experience.
11. Re:Char
Founded by Jason Aramburu, re:char has been working feverishly
since its inception in 2008 to help farmers get better yields from
their crop and supplement their income through biochar
production. The farmers in Western Kenya had been battling the
increasing costs and expensive fertilizers that eat away more than
50% of their income. They have been looking for effective means to
increase the production without bearing the burden of high costs.
Re:char came to aide with an affordable solution to this
predicament by bringing in a scalable unit that is capable of
generating biochar or charcoal fuel. With their continued efforts
and effective collaboration, they have been able to help more than
700 farmers with low cost fuel options.
The delivery of finished kilns to Kenya has been a challenge due to
lack of transportation and infrastructure. Re:char has planned an
on-site set-up to mitigate the challenges so that they can cater to
the Kenyan market more effectively.
12. Intruo
When Vishwas Goel and Abhishek Agarwal came back from the US in 2011, they were
shocked at the quality of services in India. The duo tried hiring carpenters, electricians,
plumbers to get things fixed in their rented house but the service was extremely
unreliable. Later in 2013, the duo started building their own house in Bangalore and
began exploring interior designers. Along the way, they found that there was really no
good way for someone to discover a good interior designer or carpenter.
Since then, the duo has interviewed close to 200 homeowners and discovered that
close to 80% households are unhappy with their interior expert. โThere is no place
where one can read reviews about any of the home interior experts. Similarly, there is
nobody who can provide a guaranteed satisfactory service for a user. As a homeowner, I
was willing to spend a lot of money for doing interiors of my home but I am still
unsatisfied with the result,โ says Vishwas.
Sensing this pain point of homeowners, Vishwas dived into the entrepreneurial pool
with Intruo to improve the quality of services in this sector in India. Intruo is a research
and reviews platform for all your home interior needs. โWe are the best way to hire an
interior designer, carpenter, painter and/or architect for your home interior needs,โ
adds Vishwas.
Prior to Intruo, Vishwas worked with search giant Google for more than seven years
along with a stint at Walmart Labs, while Abhishek was an engineering manager at a
startup in the US.