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regular-article-logo Tuesday, 24 December 2024

XLRI Entrepreneurship Summit 2021 goes virtual

The three-day summit will be hosted between February 26 to 28 in collaboration with edu4sure

Pinaki Majumdar Jamshdepur Published 24.02.21, 09:05 PM
The XLRI campus in Jamshedpur.

The XLRI campus in Jamshedpur. File picture

However, this year XES is going virtual and aims to have a bigger impact with its global outreach. The event like every year has been initiated by its Entrepreneurship Cell (E-Cell ), a decade old institution that engages with startups across the country, the event aims to provide young entrepreneurs access to experienced mentors. It is home to XCEED, XLRI’s incubation centre.

To be held from February 26 to 28, the summit will see a multitude of events like Disrupt Business Plan, Emerging Entrepreneurs for kids, E-Cafe speaker series, Internfair, Workshops and more.

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Workshops to foster entrepreneurial aptitude that will also be conducted for three days from February 23, in collaboration with edu4sure.

These workshops are open to all and will constitute mentors with rich experience from Google, S&P Global and the founder of edu4sure covering topics like ‘Startup valuation and investor pitch’, ‘Start-Up Ideation, Validation and Testing’ and ‘Essentials for Building and Running a Successful Start-Up’.

These topics will give the budding entrepreneurs a complete walkthrough of the do’s and don’ts while building their own business.

During MBA, live projects play a crucial role in exposing B-school students to real-world problems. It gives them the opportunity to experience a professional work environment. E-Cell has collaborated with startups like Sensio, Finocontrol, Spring works, eWards and Metalmann School International, among others to help students get a taste of real business issues.

The projects cover a variety of domains - ranging from business development and marketing to data analytics giving XLRI students the versatility and holistic approach B-school students are known for.

Its segment E-Cafe aims to take participants through the journey every entrepreneur goes through and give them an overview of what is required to be successful.

With a focus being on inspiring and showcasing women entrepreneurs, the talk shows will cover various stages of a start-up’s life cycle like ideation, setup, growth, pivoting and acquiring funding.

As a part of the summit XES Disrupt B-Plan will also be organised. Disrupt is a platform for investors and mentors to find and invest in the top business ideas and startups from the student community.

“ Through this platform, we hope to give the founders a push in the right direction, and the investors and mentors an avenue to discover good business plans and passionate entrepreneurs,” said a member of the Entrepreneurship Cell.

Disrupt 2021 had over 1000 participants, of which the top five were chosen to be mentored by a panel of seasoned entrepreneurs.

E-Cell had signed up with mentors of those growing startups such as Pritesh Mittal (COO and Co-founder at Growisto), Sreejith Moolayil (COO and Co-founder at True Elements), Hari Ganapathy (Co-Founder at Pick Your Trail) and Srinivas Rowjee (Co-founder at Sportskeeda.com) and Manoj Sanker(Founder of Nemocare).

Another event Emerging Entrepreneurs, as a part of the summit aims to nurture bright young entrepreneurial talent by providing them a platform to explore creative solutions to tackle current world problems and give them a taste of the business world.

Specifically for students from classes VIII to XII, it introduces them to entrepreneurship at a young age and provides them with a platform to explore creative solutions to tackle current world problems.

“ In today’s world, it is imperative for us to provide our nation's youth with the right tools and enable them to live up to their tremendous potential. This year EE saw participation from 300 students from 48 schools across the country, with young mentors from Stanford, Wharton, and other leading global institutes. In fact, one of the mentors is already running a start-up worth $1.5 million which he started at the age of 23. In preparation for the grand finale on February 28, 10 finalists have received one to one mentorship from some of the best entrepreneurial minds at XLRI. E-Cell’s focus has been on the learning of the students and to provide them with a platform to excel,” said he added.

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