Workshop on “Preparing a Successful Business Plan

On 05.04.2022 a Workshop on “Preparing a Successful Business Plan” was arranged by the Entrepreneurship Development Cell of ECE department in association with Institution’s Council and Centre for the Entrepreneurship Development through offline mode from 11.20 AM – 12.35 PM. Mr.Muthu Raman, III ECE B, Student Entrepreneur, General Manager - Colakin, Founder and CEO - Kasadara Tech & Reality Studio ( StartUp Companies), Francis Xavier Engineering College was the resource person. The program was presided by Mrs J Friska HOD/ECE and jointly coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College. ECE Students and ECE faculty members participated in the event. The welcome address was given by Miss. Shivani, Second year ECE student.

During his speech he explained the steps involved in preparing a successful business plan. He shared his own experience in the development of business plan for his own startup companies. He highlighted the various elements to be included in the business plan like company description, market analysis, products and services going to be offered and the financial planning and projections. While explaining all the elements of a business plan he gave lot of examples from his own experiences. He also highlighted the hurdles he faced while setting up the startup company. Moreover, he stressed the need to develop the startups especially by the engineering students to contribute to the economic development of the nation. During his speech he asked many questions regarding innovative business opportunities which are available to the engineering students to inspire them. 47 students and 5 staffs were actively participated in the session.

The interaction between the students and the resource person was highly motivating to all the students. Session came to an end with the feedback of Students. The Program was organized by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.