Educational institutions across the country are doubling as nurseries where great ideas are planted and nurtured, helping youngsters begin their incredible journey as entrepreneurs. Take Gaurav Singh, a final-year student at Mumbai business school Nitie, who, along with three of his classmates, already runs a thriving business. Over the past few months, the group has earned a neat Rs 10 lakh by selling theme-based Tshirts . “We got a lot of orders from colleges in Mumbai, and are in talks with Wipro and Deloitte,” he said. Eight months into the business, they have even employed a few workers to do the knitting and embroidery, and a designer.
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Mr Singh credits Nitie’s entrepreneurship cell with helping them market their ideas and conduct recruitments. Through a project called Hamara Dhandha (Our Business), the institute encourages students to launch and manage their own enterprises from the start of the MBA programme. “The idea is to help students understand the link between all the 25 subjects they learn in their MBA course,” says Prof T Prasad.
The SP Jain Institute of Management & Research (SPJIMR) in Mumbai offers its final-year MBA students a course on entrepreneurship . The institute also offers an elective course wherein students work with entrepreneurs on a specific project . “For students serious about starting their own venture, the institute has a ‘Start Your Business’ programme. Besides developing the knowledge, skills and attitude for creating a sustainable new venture, this gets them connected to the entrepreneurial network,” says Prof Suresh Rao, chairperson, Centre for Entrepreneurship at SPJIMR.
The programme has four modules that takes a student through the stages of starting a new venture. Besides this, the institute is a founding member of the National Entrepreneurship Network that helps generate interest in entrepreneurship and create an entrepreneurial faculty in the country.
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