MCM holds online sessions on Accelerators and Prototype Validation
The Voice of Chandigarh News
An online awareness session on ‘Accelerators/Incubators- Opportunities for Students and Faculty (Early-Stage Entrepreneurs)’ was organised by the Institution Innovation Council (IIC) of Mehr Chand Mahajan DAV College for Women. The session aimed to familiarise students and faculty with the role of accelerators and incubators in promoting entrepreneurship. The resource person for the session was Mr. Satyendra Singh, Chief Executive Officer- Technology Business Incubator at IISER Mohali. Over 286 students and faculty members attended the session.
Mr. Singh discussed in detail business incubators and their significance in overcoming the numerous hurdles an entrepreneur might face during the early stages of his/her venture. He apprised the participants about the active involvement of the Government of India in encouraging and motivating people to come up with ideas and create start-ups that would contribute to the community, including setting up numerous accelerators/incubators in educational institutes all over the country. Mr. Singh also shed light on various schemes available specifically for women which would help them with their business planning. In another event, the IIC conducted an online session on the topic ‘Prototype Validation – Converting Prototype into a Startup’ by Dr. Manika Kohli, Assistant Professor at MCM. Around 138 students and faculty members attended the event. The session provided insights into the meaning and relevance of building a prototype through practical examples. The students were familiarised with the importance of prototype validation for pitching one’s business idea to prospective investors.
The students actively participated in both the sessions and found them very interesting and informative.
Principal Dr. Nisha Bhargava appreciated the efforts of IIC and said that the college will continue to inculcate innovation and entrepreneurship culture in the students through such initiatives.
She encouraged the students as well as the faculty members to be creative and innovative and come up with sustainable ideas which would help the community grow and improve.