Entrepreneurship and Start-ups

Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” Steve Jobs

entrepreneurship-family-businessEntrepreneurs are not always born but are also created: Inspired by this belief, Entrepreneurship Development Centre (EDC) aims to encourage entrepreneurial mind-set among students, and help in developing and strengthening entrepreneurial qualities in the students who want to start their own venture or scale up their family business. It provides a strong platform to assist budding entrepreneurs from ideation, validation, development to commercialization of their innovative ideas. In a nutshell, focus of EDC is to guide students to take entrepreneurship as a career, as a road to success, as a journey towards realization of their dreams.

The key initiatives taken by this centre are:

Innovation Week: Innovation weeks are opened during the year to nurture students’ creativity and entrepreneurial spirit and strengthen the innovative side of students. This also involves live projects with companies and field visits.

Entrepreneurship Conference: The annual conference brings together entrepreneurs from various industries, both established and start-ups, to enlighten students about their entrepreneurial journey and various challenges faced by them and how they overcame them to survive in the current environment.

Talks with Entrepreneurs: Talks are held regularly through workshops.

Personalised Mentoring: Specialised and customized mentorship is provided by accomplished educators and experienced practitioners that build strong mentoring relationships with students and guide prospective entrepreneurs on various aspects. This also helps to reinforce concepts, processes, and skills associated with identifying new ideas, opportunities and methods for starting a new venture.

Incubation Centre: IILM supports students with dreams, aspirations and business ideas in the Incubation Centre.

Entrepreneurship Club: This club is run by motivated and enterprising students who organise events and conferences on campus and represent IILM at similar platforms. In the process students learn event management, networking and public speaking skills as well as get ideas and a platform to start or scale up their own ventures.