FMS to hold Seminar on Entrepreneurship

The aim of the seminar is to educate students about the various aspects of starting up a new venture and to introduce them to the resources in the entrepreneurial arena with the following sessions:

Session I:
Idea Generation: Creating Value and Enabling Growth
Speaker: Mr. Dan Sandhu, CEO Vertex (India)

A startup session on the creation of business value through a strong understanding of the success drivers for India Inc and challenges that need to be overcome. This shall cover the Economic and Social Framework, the investment conclusions that are drawn in the current landscape, support requirements that Indian businesses need from investors, mentoring role of angel investors, value of being on the ground and not a “remote” investor, the reality of operational and infrastructure challenges, etc

Session II:
Financials and Funding Strategy
Speaker: Mr. Pankaj Sehgal, Director, Sun Group (India)

There are two important things an entrepreneur needs to look at when he decides to start up. One is the evaluation of the financial feasibility of the idea and the other is assessing the capital requirement and then raising funds for the venture. The financial feasibility analysis covers aspects like company valuation, revenue models, etc which are paramount to the success of the plan. Subsequently, the entrepreneur has to choose among various sources of capital-private funds and venture capital funds and procedures involved in raising funds.

Session III:
Legal Procedures
Speaker: Mr. Rajkumar Dubey, Dubey & Partners (Advocates)

Legal implications are crucial to every industry and business. Judicial set up in the concerned country with respect to start-ups and the various proceedings involved with the same, form an indispensable aspect of starting-up. Budding Entrepreneurs must also be aware about the importance and implications of the intellectual property rights (IPR) and patents in India. Furthermore, licensing and permit requirements and adherence to taxation laws is also essential.

Session I Extended:
Idea Generation
Speaker: Mr. Sanjeev Bikhchandani, CEO, Naukri.com

A sound idea leads to a sound business plan. A good idea forms the foundation on which the business model can be set. Some may appreciate the creativity and innovativeness, but the ruthless market does not respect ideas without their implementation. Hence every workable idea needs a lot of nurturing, which includes assessment of the appropriate opportunity at the right time. Other things, which are crucial, are the details with respect to the business plan development and the importance of networking in the success of the business model.

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Panel Discussion:
“Is there a funding gap or a leadership gap ailing the start-ups in India?”

The Silicon Valley is the hub of the entrepreneurial activity, and a recent study by a team of professors from San Jose University shows that about 7.1 % of the total entrepreneurs there are of Indian origin. This fact is encouraging on one hand and disturbing on the other. It encourages us all to see fellow Indians doing well in an alien land. But it is quite disturbing to see that a similar kind of activity is not happening in India. This raises the big question on which we look forward to have a discussion, to understand whether it is the lack of right attitude or the lack of resources and support that hinders Indians from doing well in India as entrepreneurs.

Open to select Post-Graduate and Under-Graduate Colleges
Participation strictly on basis of prior registration and invitation
Registration ends 1500 hrs, Sunday, August 27,2006
Registration fee per college fixed at Rs. 1000 (Maximum participants is 10) or Rs. 150 per Participant
For Registration: Send in a mail to [email protected] or Contact Jayant Sharma, President, Entrepreneurship Cell, FMS Delhi at 9850856006, 9891686893

The event details are as follows:
Time: 9:45 am onwards
Date: Saturday, 2nd September 2006
Venue: Conference Centre, Delhi University, Opp. Faculty of Law, North Campus

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