1st edition of “Entrepreneur Business Growth Summit-2018” organised successfully

Minister of Commerce & Industry of India Shri Suresh Prabhakar Prabhu was supposed to be the star attraction at this 1st edition of “Entrepreneur Business Growth Summit-2018”. Due to his ad hoc meeting, Shri Suresh Prabhu could not grace the occasion; however, his video message was encouraging to the attendees. Shri Vijay Kumar, Director, MSME-Development Institute Okhla, New Delhi inaugurated the Summit by light lamping ceremony. Joined by Anju Bajaj, Chairman PHDCC; Raunaque Mustafa, Vice President, IIML L-Incubator; Dr. Manoranjan P. Ram, Director Academics (E-learning), Amity University; Sanjay Choudhary, Chief Evangelist – Incuspaze;

1st edition of “Entrepreneur Business Growth Summit-2018” organised successfully

Entrepreneur Business Growth Summit-2018 was presented by Confederation of Indian Micro, Small and Medium Enterprises in association with IIM Lucknow L-Incubator, Startup Buddy, NSIC, Startup India, Co-Founder (Exclusive Print Media Partner) and various other community partners under the leadership of Er. Santosh G., General Secretary, Confederation of Indian Micro, Small and Medium Enterprises and IIM Lucknow L-Incubator Team headed by Raunaque Mustafa, Vice President.

Entrepreneur Business Growth Summit-2018

General Secretary, Santosh G. said “Operating a small business can be isolating at times, with owners often feeling like they go through their own, particular set of struggles. In actuality, entrepreneurs all over the world usually experience many of the same issues and are in fact eager to share those experiences with others. While networking locally is essential, business today is often done on a national or global scale. Professional business events allow you to get out of the office and meet people you might not have otherwise ever encountered”. CIMSME called upon “Replacement of Competition with Collaboration”.

Er. Santosh G., General Secretary, Confederation of Indian Micro, Small and Medium Enterprises

”The Government has taken a lot of initiatives to promote entrepreneurship amongst the people and particularly youth. However youth is not aware of such schemes, an event like Entrepreneur Business Growth Summit may be a great platform to create awareness,” said Vijay Kumar, Director, MSME DI.

”A large number of young people generally remain unaware of the possibilities of starting new business enterprise as a career option for lack of suitable ideas and wherewithal. They need mentoring and information about choosing a business project and completing all required procedures to start a new business enterprise,” he said.

Raunaque Mustafa, Vice President, IIML L-Incubator in his Inauguration speech, “Valuations and funding is destroying innovation as a majority of the entrepreneur is busy chasing money rather than focusing on building an innovative business model. Valuation is the monetary value of the company and is projected based on hypothesis and assumptions. Before raising money from an investor, an entrepreneur needs to measure the value of the company as it largely defines the equity of the company an investor holds. Let’s build an innovative disruptive solution. L-incubator is committed to supporting startups through its world-class Incubator based out of IIM Lucknow Noida campus”.

Shri Kaushelendra Kumar, Nodal Officer – MUDRA and Startup India, SIDBI, New Delhi explained the audience on Startup India and MUDRA Loan scheme by Indian Government for Startups and MSMEs. 400+ participants were highly interested to reconnect further offline for availing the services from SIDBI.

“The Republic of Estonia has launched an e-residency programme, a transnational digital identity, available to anyone in the world interested in administering a location-independent business online. This programme is available to any business, startup or freelancer based in India. Under the programme, E-residents will be able to establish an Estonian company online within a day, administer the company from anywhere in the world, manage accounting records and declare Estonian taxes online, digitally sign and transmit documents and contracts, have access to international payment service providers and conduct e-banking and remote money transfer, all this from India” shared by Ankit Bahl, Advisor: Trade and Investments, Embassy of Republic of Estonia here at Entrepreneur Business Growth Summit, Mavalanker Auditorium, New Delhi.

Most Popular

More from Author

Read Now

Union Budget 2023-24: What It Means for the Future of the Automotive Sector?

Union Budget 2023-24: A Post-Budget Perspective on the Indian Automotive Sector.

Business Leaders Give Thumbs Up to Union Budget 2023’s Growth-Focused Provisions

Understand the impact of the Union Budget 2023-24 on the Indian economy through the eyes of business leaders and why they are optimistic about its potential.

SBICAPS opens new office in Bengaluru, to focus on infrastructure, defence and start-ups

BENGALURU, India | 1st February 2023: SBI Capital Markets Limited (SBICAPS), a wholly owned subsidiary and investment banking arm of State Bank of India (SBI) on Monday announced the opening of its office in Bengaluru. Inaugurated by Shri Dinesh Khara, Chairman, SBI, in the presence of Shri Swaminathan J, Managing Director (CB...

Vedanta Aluminium Raises USD 250 Mn in Sustainability Linked Loans

New Delhi, Delhi, India | 1st February 2023: Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters...

Dr. Stephen Kahane Joins Suki’s Board of Directors to Elevate Voice AI in Healthcare

Voice AI Technology for Healthcare Gets a Boost with Dr. Kahane on Suki's Board.

TrekNomads Foundation and Suriya Foundation Distributed Free Blankets across Bengaluru in Collaboration with Bruhat Bengaluru Mahanagara Palike

Bengaluru, Karnataka, India | 1st February 2023: TrekNomads Foundation and the Suriya Foundation distributed over 400 blankets to the needy across Bengaluru. Flag off event was held at the BBMP head office on January 30, 2023. BBMP Chief Commissioner Sri Tushar Giri Nath, IAS, handed over few blankets to the...

Union Budget 2023-24: Post-Budget Reaction Quotes – Indian Entrepreneurs Share Their Thoughts

As the Indian government announces its 2023-24 budget, industry leaders and experts have been weighing in on the impact it will have on the Indian economy. This post will bring you the most prominent post-budget reaction quotes from these key figures, giving us a deeper understanding of...

FUJIFILM India Unveils New Compact Ultrasonic Probe System at BRONCHUS 2023

FUJIFILM India expands endoscopy solutions portfolio with new compact ultrasonic probe system at BRONCHUS 2023.