Bootcamp on "Successful Entrepreneurs: Challenges and Opportunities"
10th - 12th April 2024
Institution’s Innovation Council (IIC), Ministry of Education (MoE), Dronacharya Group of Institutions, Greater Noida organized Bootcamp on “Successful Entrepreneurs: Challenges and Opportunities” from 10th – 12th April, 2024. Prof. (Dr.) S.K. Srivastava (IIC Member) coordinated the event. B.Tech 2nd, 3rd and Final Year Students participated in the Bootcamp.
Day 1: Expert talk on Innovation-Incubation-Entrepreneurship - 10th April, 2024
The day began with an opening address by Prof. (Dr.) S.K. Srivastava (IIC Member), introduced participants to the theme of the Bootcamp and setting the tone for the next three days. Mr. Anay Pathak (Global Business Director – Dell Technologies) delivered a keynote speech on "Innovation, Incubation, and Entrepreneurship. The talk covered:
- The importance of innovation in driving entrepreneurial success.
- The incubation process: turning ideas into startups.
- Real-world examples of successful businesses that began as innovative ideas.
- The challenges faced by entrepreneurs during the incubation phase and strategies to overcome them.
Participants had the opportunity to engage with the expert, ask questions, and discuss their ideas and challenges. The day concluded with a networking session, allowed participants to connect with each other, the speaker, and potential mentors.
Day 2: Case Study Competition – 11th April, 2024
Day 2 was designed to provide participants with practical insights into the challenges and opportunities of entrepreneurship through a competitive case study analysis. The day began with an introduction to the selected case studies, which focused on real-world entrepreneurial challenges. Participants were divided into teams, each assigned a specific case study to analyze. The teams were given time to discuss, analyze, and prepare their solutions. The judges provided feedback on each presentation, highlighting strengths and areas for improvement.
Day 3: Ideation session and pitching of ideas – 12th April, 2024
The final day of the Bootcamp was dedicated to fostering creativity and encouraging participants to develop and pitch their own entrepreneurial ideas. The day started with an ideation workshop, where participants were guided through brainstorming techniques to generate innovative business ideas. The session emphasized creativity, market needs, and potential impact.
After the ideation session, participants refined their ideas with the help of mentors and peers. They focused on developing a clear value proposition, identifying target markets, and outlining a basic business model. Participants prepared a pitch for their refined ideas, focused on clarity, impact, and persuasiveness. Each participant or team had the opportunity to pitch their idea to a panel of judges. The pitches were evaluated based on innovation, market potential, and execution plan.
The Bootcamp concluded with a closing ceremony, where the best pitches were recognized and awarded. Participants received certificates of completion.
Objective: To guide students how to become successful entrepreneurs, its challenges and opportunities
Benefits: Students understood Innovation-Incubation-Entrepreneurship and got a platform to pitch their ideas and had case study of entrepreneur.