Rajasthan Institute of Engineering and Technology Jaipur, organized a “one week short term course” on “Fund raising for new business start-ups” through ICT, from 27.11.2017 to 1.12.2017. This was organized by the National Institute of Technical Teachers Training and Research, Chandigarh, in association with the Department on Master of Business Administration, Rajasthan Institute of Engineering and Technology, Jaipur.
The National Institute of Technical Teachers Training and Research, Chandigarh, was established by Ministry of Human Resource Development, Government of India in 1967 to meet the requirements of training polytechnic teachers for the growth and development of polytechnic education in the northern region of the country. It is now reckoned as a resource institute for the technical education system providing services to its clientele covering faculty/staff of technical institutions, officials of directorates/boards of technical education, central and state government departments, industry, students from technical institutes, community and trainees from overseas.
The event was enhanced by Dr. Saroj Hiranwal, Principal, RIET, Prof. Kapil Dev Sharma, Dean Academics & Admin, Prof. Sachin Sharma, Vice Principal, RIET, Ms Monika Shekhawat, HOD MBA, along with all the respective HODs Faculty members and students who participated in the event.
Traditional lamp lightening ceremony was held to officially inaugurate the workshop. Dr. Saroj Hiranwal, Principal, RIET, welcomed the participants at the onset of the programme. She mentioned that, this workshop will be highly beneficial for all the management and engineering students as well as faculty members. She also said that Ideas don’t get funded and neither do business plans. Investors are looking for startups with a proven product/market fit and demonstrated evidence of the founder’s ability to run and grow the business.
Prof. Kapil Dev Sharma, Dean Academics & Admin, commented that faculties of all streams and branches along with the students also should attend this workshop as entrepreneurship is a part and parcel of all engineering branches.
Ms Monika Shekhawat, HOD MBA, said that, this workshop will give the participants an insight into the fund raising angle for any business set up. Any entrepreneur will tell you that raising money can be the toughest part of starting your own business. While the competitions for funds gradually increase each day, your chances of securing investors significantly slims. Of course, finding an investor isn’t impossible, but one of the best decisions a business owner can make is to find alternative means that will contribute to their financial success. This session will give the tips to move from bright idea through prototype without raising bundles of investment capital.
The session proved to be highly beneficial for all the students and faculty members who attended it.
Here are the glimpse for the event 🙂
Schedule for the same can be downloaded here