A compilation of my thoughts and learnings...

Thursday, January 11, 2007

A triple treat for future Indian Entrepreneurs!

All you fans of entrepreneurship in India, here is some good news for you. The following proposals are being considered by the IITs (Indian Institutes of Technology). When implemented, these would come as a big boost for promoting entrepreneurship in the country:-
  • Most of the IITs are planning to soon have a venture capital fund on their campuses. IIT Bombay is in talks with Infosys Technologies, Tata Consultancy Services, Wipro and other major IT players to seek help to start a venture capital fund. IIT Madras, too, is considering setting up a VC fund on its campus. IIT Delhi, will explore the option in future, it says.
  • IIT Madras is setting up a research park along with 35 companies. At the research park, the institute would reserve space to accommodate start ups by students and faculty.
  • There is a recommendation given to the Department of Human Resource Development, Universities Grant Commission and All India Council for Technical Education, to encourage all science departments and technical education/training institutions to include entrepreneurship and new venture management in their course curriculum.

Now that's called a triple treat for all Entrepreneurs-in-the-making. Isn't it exciting to see that more and more colleges are starting to plant the idea of entrepreneurship in young minds, as well as guiding them some of the way? By also encouraging students to seek out early-stage entrepreneurs to work for, the colleges could guide the students on a path of exponential learning, growth and rewards.

Click here to read more details on the above mentioned proposals.

1 comment:

Anonymous said...

Good post.