Idea2Entreprise: A Workshop on Entrepreneurship - at IIBS

Posted by Lawanya RPP On 01/06/2018 06:11:33

Idea2Entreprise: Workshop on Entrepreneurship Development program

The Government of Karnataka initiative of Start-up Cell. The Karnataka Start-up Cell's point is to advance Bangalore and Karnataka as a definitive start up goal in the World.

In order to realize in mindfulness the start-up arrangement, plans, and Benefits, a workshop has been held on 05 May'18 in IIBS, airport campus by Mr.Sathya Narayana,  Head of Karnataka Start up Cell, Karnataka Biotech and InfoTech Department of IT, BT, Govt. of Karnataka

  1. Objective of the Workshop.
  • Create and fortify the entrepreneurial quality, i.e. inspiration or requirement for accomplishment.
  • Investigate ecological set up identifying with little industry and independent company.
  • Detail proposition for goods and services.
  • Understand the process and procedure involved in setting up a small enterprise.
  • Know the wellsprings of assistance and bolster accessible for beginning a little scale  industry.
  • Obtain the important administrative aptitudes required to run a little scale industry.
  • Know the advantages and disadvantages in turning into a business visionary.
  • Value the required entrepreneurial reach.
  1. Learnings from the workshop

The workshop had an arrangement of learnings, we will find in detail every one of it:

OBJECTIVES OF THE KARNATAKA STARTUP CELL

  • Connect with Government Departments to Implement our Pilot project.
  • One-Stop-Shop: For Information on Regulatory Environment, Incentives,          Events and Much More
  • Network: With Industry Bodies, TBIs, Academic Institutions, Incubators and so on from the Start-up Ecosystem.
  • Go Global: With Your Idea By Participating In One Of Our International Conferences

Start-up Policy 2015-2020 was also discussed by Mr. Sathya Narayana

STRONG PARTNERSHIPS BETWEEN R&D INSTITUTIONS AND INDUSTRY

  • Set up a Society or Section 8 organization.
  • Types of gear and Viability Gap subsidizing.
  • Industry-Academia interface and Project Funding.

EARLY STAGE/IDEA2POC(PROOF OF CONCEPT) FUNDING

  • Gives up to Rs.50 L.
  • Approval of Proof of Concept.
  • Virtual Incubation.

ENCOURAGING ENTREPRENEURSHIP IN EDUCATION THROUGH  NAIN

  • Bolster given to proficient and post graduate universities in level II and level III urban areas for setting up the hatchery.
  • 10 understudy ventures supported in each accomplice organization.
  • Tutor interfaces gave to understudy ventures.

INCUBATION INFRASTRUCTURE THROUGH PPP

  • Choice of accomplices will occur through RFPs or with Industry Associations.
  • Framework bolster, tutoring, lawful and bookkeeping administrations will be offered to incubates.
  • Accomplices will help execute motivators and advantages to new businesses.

CHANNELIZING INNOVATION FOR SOCIAL IMPACT

  • 5 difficulties will be reported each year.
  • Introductory and take after on financing will be given in view of accomplishment of turning points.
  • Pilots will be executed through divisions.
  • Victors will be furnished with brooding space on a special premise.

START-UP FUNDING THROUGH FUND OF FUNDS

  • A store administrator will be chosen.
  • The venture board of trustees will comprise of specialists from industry the scholarly community and industry.
  • The reserve will centre solely around new companies.

CAPACITY BUILDING THROUGH EXPOSURE VISITS AND WORKSHOPS

  • Join the Karnataka Startup Cell at worldwide gatherings to extend your business sectors.
  • Meet approaching exchange designations and remote financial specialists with the Karnataka Startup Cell.

STATE SUPPORT IN THE FORM OF INCENTIVES AND CONCESSIONS

  • Gather repayment of VAT and CST for beginning period new businesses.
  • Gather repayments on Patent spends for both household and outside filings.
  • Gather repayment on advertising use upto 30% of the cost acquired subject to 5 Lakhs for each startup every year.
  • 10% booking for ladies in seats of accomplice hatcheries.
  • Self Certification under different institutions.

About Incubation centre and their benefits

Innovation Business Incubators

Business brooding has been all inclusive perceived as a vital instrument for work creation and financial improvement. Innovation Business Incubators (TBI) are bolstered by GoK essentially in organizations with solid R&D center to tap advancements and advances for wander creation by using skill and foundation effectively accessible with the host establishment.

Idea2PoC

'Idea2POC' activity is a piece of India's first multi-segment Startup Policy propelled by the Government of Karnataka in November, 2015. The goal is to energize trend-setters who may require beginning period subsidizing to invigorate commercialization of their developments and to help in approving Proof of Concept.

Channelizing Innovation for Social Impact

The essential objectives of the arrangement are to "encourage age of no less than 25 Imaginative Technology arrangements with a social effect in different segments like Urban Development, Health Care, Food Security, Clean Environment and Education for all and so forth."

Start-up Registration Process, Directions,  Documents Required, Incentives extended and Patent Reimbursement by Karnataka Government

Conclusion  :  On an entire, the workshop gave a profound understanding in

  • Understanding the sources of financing for new companies,
  • Motivating forces for different capacities
  • Redemption of Tax schemes
  • Incubation centres policy, Procedure and benefits.
  • Registration and selection process for getting the funds

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