Students Draw Valuable Learnings from the Stalwarts at the Empresario- The Startup Summit 2018

The Empresario Startup Summit 2018 organized by EDII saw huge participation from start-up community including start-ups, investors, students, industry experts and entrepreneurs. Shri Suresh Prabhu, Hon’ble Minister of Commerce & Industry, who was recently given additional charge of Civil Aviation Ministry, was the Chief Guest at the event. Also present on the occasion were Shri Kris Gopalakrishnan (Padma Bhushan), Co-founder, Infosys and Chairman, Axilor Ventures; Shri Milind Kamble, Founder Chairman, Dalit Chamber of Commerce and Industry (DICCI) and Dr. Sunil Shukla, Director, EDII.

Emphasizing on the need for successful start-ups, Shri Suresh Prabhu said, “Our government has fired the imagination of youth to unleash the spirit of entrepreneurship. Entrepreneurs must focus on the possibility of doing extraordinary things. In order to become successful, start-ups must try to identify the gap in the ecosystem, build a business model around the same and bridge the gap.”

“Entrepreneurship is about succeeding against all odds and taking advantages of opportunities. The pace of technology transition happening today will force the existing businesses to change; while it will also offer lots of opportunities for new businesses to be created. The current wave of technology that includes Artificial Intelligence, Machine Learning and Internet of Things is as fundamental as the introduction of digital computers in 1940s and 1950s and it will disrupt the way existing businesses work. Disruptions created by transition to current technology will create new businesses and hence an opportunity for start-ups to find solutions for problems”, said Shri Kris Gopalakrishnan (Padma Bhushan), Co-founder, Infosys and Chairman, Axilor Ventures.

“Since last few years, people have started focusing on self-employment rather than getting employed. Due to positive environment created by pro-government policies like early-stage funding, start-ups are finding it easier to create their own enterprise, which is heartening,” said Shri Milind Kamble, Founder Chairman, Dalit Chamber of Commerce and Industry (DICCI).

In his address, Dr. Sunil Shukla, Director, EDII said, “India is striding rapidly and steadily on the path of start-ups, incubation and innovations. The presence of start-ups in such huge number today is a heartening indication of the rising awareness and supporting ecosystem in the domain. I am happy that today the trends are changing and entrepreneurship that is evolving has a sharper inclination towards innovation and knowledge with research as a strong base.”

Chief Guest releasing the Global Entrepreneurship Monitor (GEM) India Report 2016-17 and the Coffee Table Book on some successful EDII alumni. The Foundation Stone of the MSME Research Block was also unveiled by Hon’ble Shri Suresh Prabhu.

Empresario, the annual entrepreneurship festival, organized by EDII alumni, is an exclusive platform for Start-ups, New age Entrepreneurs, Industry Mentors, Investors and the Student Community to come up at one place, dish out their entrepreneurial endeavours and experiences, gain amazingly new insights, and pledge to become an invaluable part of the ever-flourishing start-up ecosystem in India.

Entrepreneurship Development Institute of India (EDII), an autonomous and not-for-profit institute, set up in 1983, is sponsored by apex financial institutions - the IDBI Bank Ltd., IFCI Ltd., ICICI Bank Ltd. and the State Bank of India (SBI).


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