Biz lessons at IIT event

IIT Guwahati

Guwahati: Entrepreneurs, business leaders, start-ups and crisis managers from across the country will share their experiences with those in the Northeast during Udgam, the annual entrepreneurship summit of IIT Guwahati, here on January 19 and 20.

Udgam is the flagship event of the entrepreneurial development cell of IIT Guwahati. The event was conceptualised to develop and spread the spirit of entrepreneurship among the youths, particularly in the Northeast.

The e-cell, IIT Guwahati, is a special interest group under the Technical Board of the Students’ Gymkhana Council of the institute and takes up activities and initiatives to instil and promote entrepreneurship among students.

Udgam ’18 will see the introduction of networking lunch, where entrepreneurs, students and industry people will have interactions, discussions and pitches. This is likely to offer a platform to young entrepreneurs looking for contacts to meet their start-up needs.

The event will also provide an opportunity to the existing start-ups to display their products or services and directly interact with their potential customers for future business feedback. “Udgam conducts Virtual Stock Market (VSM), an action-packed simulation game, that will enhance one’s trading skills and ability to deduce the effects of news and events on the stock market. This year, the event will accept online participation from across the country,” Karthik Jayachandran, a core team member of the event, said in a statement.

Udgam this year will also have a social business conference, which is aimed at encouraging students to come up with ideas that can help the economically-backward section of society.

Graduate and undergraduate students from across the country will gather to solve business, marketing and public relations problems for social enterprises and organisations.

“By organising this competition, we seek to introduce students to real life global social business models. The event teaches students how all traditional business strategies can be applied to social enterprises and organisations, improves their strategic thinking by challenging them with real marketing and management problems, and promotes social business,” Jayachandran added.

SUMIR KARMAKAR Telegraph India

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