From 27.11.2024 to 29.11.2024 sessions on " Entrepreneurship Development Training Programme for Community Resource Ppersons-EPs of Tamil Nadu State Rural Livelihood Mission" was organized by the Entrepreneurship Development and Innovation Institute, Chennai in association with Entrepreneurship Development Cell of Management Studies department and IIC, Francis Xavier Engineering College, through offline mode from 10.00 AM- 05.30 PM with 50 participants.
The Entrepreneurship Development Programme for CRP-EPs (Community Resource Persons - Enterprise Promotion) of TNSRLM (Tamil Nadu State Rural Livelihood Mission) commenced on 27th November 2024. The event began with a Welcome Address by Mr. M. Siva Baarathi, District Coordinator, EDII- TN, Tirunelveli, who highlighted the importance of fostering entrepreneurial growth in rural areas and introduced the objectives of the programme. Mr. A. Victor Fernandes, Assistant Project Officer, TNSRLM, Tirunelveli, addressed the gathering, explaining TNSRLM Schemes and Activities aimed at empowering rural entrepreneurs and improving livelihood opportunities. A Special Address was delivered by Dr. Lourdes Poobala Rayen, Director of Francis Xavier Engineering College, Tirunelveli, on Entrepreneurial Activities in the Tirunelveli Region. He emphasized the region's potential for entrepreneurial growth and encouraged participants to utilize the resources available.
Another Special Address by Mr. S. Elakkuvan, Project Director, TNSRLM/TNULM, Tirunelveli, focused on Women Development and its critical role in societal progress. He also distributed EDII-TN Book Materials to the participants, equipping them with valuable learning resources. The technical session was facilitated by Mrs. S. Thanga Eswari, EDP Trainer, EDII-TN. She conducted an Ice-Breaking Session, fostering engagement and interaction among the participants, Concepts of Entrepreneurship, Competencies of an Entrepreneur, and the Stages of Entrepreneurship, SWOT Analysis, Business Model Canvas (BMC) were covered during her session with various activities. The second day was led by Dr. A. Justin Thiraviam, EDP Trainer, EDII-TN, focusing on critical aspects of business development and marketing. Business Plan and Project Report Preparation, Marketing Management,, Digital Marketing Opportunities were explained through Role-Playing Activities and Games to provide experiential learning.
The final day featured sessions by Mr. J. Mohammed Nowsath Sherif, EDP Trainer, EDII-TN, on financial management and legal aspects of entrepreneurship such as Simple Accounting and Bookkeeping practices, Banking Services, Procedures, and Digital Payment Methods, Government Subsidy Schemes and Benefits ,Government Subsidy Schemes and Benefits and The application of Generative AI Tools for Business Development
On 26.11.2024, a seminar on “Empowering students about Entrepreneurial Opportunities through Online Marketing” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by F. Grace Ashmi, Proprietor, Charlin Pearlin Art & Craft, Madurai from 2.00 PM to 4.00 PM. 40 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and introduced the speaker. The seminar began with an overview of online marketing, covering the difference between traditional and online marketing. The major components such as Search Engine Optimization (SEO), Social Media Marketing (SMM), Email Marketing, Content Marketing were also discussed. Speaker explained how rapid technological evolution and entrepreneurship has become more dynamic and competitive than ever. With the exponential growth of internet penetration and e-commerce, online marketing has become a pivotal tool for budding entrepreneurs to expand their reach and impact. The benefits of the seminar include, how to explore the different digital platforms and strategies for promoting businesses online, to provide hands-on insights into creating an entrepreneurial mindset, to highlight success stories of entrepreneurs leveraging online marketing. The speaker explained the benefits of platforms like Facebook, Instagram, LinkedIn, and TikTok for brand building, E-commerce websites such as Amazon, Etsy, and Shopify for selling products and Google Ads and Analytics for targeted advertisements and performance tracking.
The seminar successfully equipped students with knowledge and motivation to explore entrepreneurial opportunities through online marketing. It emphasized that the digital landscape offers vast potential for innovation and growth, making it a promising pathway for aspiring entrepreneurs. She also asked the students to Stay updated on industry trends through blogs, podcasts, and webinars and create a Network with experienced entrepreneurs and marketers to learn and seek mentorship. The interaction between the students and the guest speaker was highly motivating to all the participants. Session came to an end with the feedback of Students. The Program was organized by Dr. M.Vijaya Maheswari, EDC Co-Ordinator Assistant Professor, Department of MCA, Francis Xavier Engineering College.
From 18.11.2024 to 20.11.2024 three Day Entrepreneurship Development Training Programme for Tamil Nadu Urban Livelihood Mission (TNULM) Beneficiaries was organized by the was organized by the Entrepreneurship Development and Innovation Institute, Chennai in association with Entrepreneurship Development Cell of Management Studies department and IIC, Francis Xavier Engineering College, through offline mode from 9.30 AM- 05.30 PM with 50 participants.
The three-day Entrepreneurship Development Programme (EDP) for TNULM (Tamil Nadu Urban Livelihood Mission) Beneficiaries began on 18th November 2024. The programme commenced with a Welcome Address by Mr. M. Siva Baarathi, District Coordinator, EDII-TN, Tirunelveli. Following this, Mr. J. Joseph Saleth Arockiasamy, Assistant Project Officer, TNULM, Tirunelveli, delivered an address on TNULM Schemes and Activities. He provided insights into the various schemes under TNULM that support urban livelihoods and micro-entrepreneurship development, encouraging participants to leverage these opportunities. A Special Address was delivered by Dr. Lourdes Poobala Rayen, Director of Centre for Entrepreneurship Development, Francis Xavier Engineering College, Tirunelveli. He elaborated on the Entrepreneurial Activities in the Tirunelveli Region and underscored the importance of creating a robust entrepreneurial ecosystem in the district.
The technical session of the day was conducted by Ms. S. Sahaya Mary, EDP Trainer. She facilitated an interactive session on SWOT Analysis, enabling participants to analyze their strengths, weaknesses, opportunities, and threats in a business context. Additionally, she covered Entrepreneurship Skills and Opportunities, providing participants with tools and techniques to identify and build on their entrepreneurial capabilities. The session also included engaging activities that allowed participants to apply the concepts practically.
The second day of the programme focused on marketing and business development. Mr. S. Veeramani, EDP Trainer, EDII-TN, was the trainer for the day. He conducted a comprehensive session on Marketing and Digital Marketing, Business Model canvas, where participants learned about effective marketing strategies, leveraging digital tools, and reaching broader audiences in today’s technology-driven world. Participants engaged in activities that allowed them to create their own business models, fostering practical understanding and confidence
Mrs. S. Thanga Eswari, EDP Trainer, EDII-TN, led the final sessions. She began with a session on Financial Management, covering crucial aspects of managing business finances, understanding Government Support and Schemes, and the application of GST in business operations. Mr. S. Elakkuvan, Project Director, TNSRLM/TNULM, Tirunelveli, delivered a Special Address on Women Development and its critical role in societal growth. He also elaborated on TNULM Schemes, encouraging participants to explore the opportunities provided by the mission.
Vote of Thanks was given by Mr. M. Siva Baarathi, District Coordinator, EDII-TN, Tirunelveli. He expressed gratitude to the trainers, participants, and organizing team for making the event a success.
On 15th November 2024, the Entrepreneurship Development Cell and IIC, in collaboration with the Department of Civil Engineering, organized an expert talk on “Understanding the Basics of Intellectual Property Rights: Essential Knowledge for Entrepreneurs and Innovators.” The resource person for the program was Dr. K. Vinu Kumar, Assistant Professor in the Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. 42 civil engineering Students attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of Civil Engineering, FXEC.
The resource person began by outlining the fundamental concepts of intellectual property, emphasizing its significance for entrepreneurs and innovators. He discussed the different types of intellectual property, including patents, trademarks, copyrights, and trade secrets, and explained their importance in safeguarding innovations and ideas. He also highlighted the strategic value of IPR for businesses, particularly for startups, in maintaining a competitive edge and preventing unauthorized use of their ideas.
Throughout the session, he provided perceptions into the process of obtaining intellectual property protection, discussing both national and international procedures. He also shared practical examples of how successful entrepreneurs have leveraged IPR to secure their innovations and drive growth. The talk emphasized the importance of awareness in protecting one’s intellectual assets and understanding the legal rights associated with them. The interactive session concluded with a Q&A segment, allowing students to clarify their doubts and seek further guidance on intellectual property matters. His expertise and practical examples made the talk highly engaging and informative, leaving students with a solid foundation in IPR and its relevance to their entrepreneurial journeys.
On 15.11.2024 a session on "Design Thinking in Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Dr.R.Prem Ananth, IIC Convenor, Assistant Professor of ECE , Francis Xavier Engineering College, Vannarpettai , from 09.30 PM - 12.30 PM. 53 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and introduced the guest speaker. The speaker started the speech by explaining about the innovation which is the backbone of progress, driving businesses toward growth and competitiveness. He said the design thinking approach plays a pivotal role in fostering innovation. It is a human-centered methodology consisting of six steps: empathize, understanding user needs; define, clarifying problems; ideate, generating creative solutions; prototype, creating tangible models; test, gathering feedback; and implement, deploying solutions. Design thinking’s iterative and collaborative nature ensures innovations are user-focused and impactful.
The systematic and creative innovation is essential for organizations to address market challenges and remain competitive. Coupled with design thinking, businesses can effectively identify opportunities, craft solutions, and deliver exceptional value to customers, ensuring long-term success. Product innovation emphasizes creating new or enhanced products to meet emerging customer needs, while process innovation improves operational efficiency through advancements like automation. Customer experience innovation prioritizes enhancing user interactions by offering personalized, seamless journeys, fostering loyalty. In all these areas the design thinking will play a major role which can support the innovator to find out the suitable solution to the problem. Students participated in the discussion with enthusiasm and gathered lot of information from the guest speaker.
On 15.11.2024 a session on " Startup Opportunities for the Budding Engineers” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of CSE. This session was handled by Mr. Jeswin Jeba Solomon Asir J S, IV year student, Francis Xavier Engineering College. Fifty Four students from first-year CSE and one faculty of CSE Department participated in the program. The program was coordinated by Mrs.D.Elizabeth Paulsyah, Assistant Professor, Department of CSE from 10.00AM – 12.00PM
The program started with the introduction of a guest speaker by Mrs.D.Elizabeth Paulsyah. During this session, the guest speaker explained the concept of Startup opportunities and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that opportunities in emerging fields like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and blockchain. We can access free or affordable development tools, cloud services (e.g., AWS, Azure), and open-source platforms.
The focus is on getting support through government programs like Startup India, Make in India, and innovation grants. Moreover, Tax exemptions and incentives for startups in certain sectors. Seed funding from angel investors and venture capitalists. Crowd Funding platforms are used to raise initial capital. There are various opportunities to build and apply skills in entrepreneurship, management, and technical development. Learning from accelerators, incubators, and mentorship programs can motivate entrepreneurs. Events, hackathons, and meetups to connect with like-minded individuals and industry leaders. Building startups with a focus on societal impact, such as clean energy, education for all, or water conservation. Through this program, participants showed keen interest in the concepts, and opportunities and gave satisfactory feedback at the end of the session.
On 15.11.2024 a session on " Entrepreneurial Avenues through Product Innovation” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of CSE. This session was handled by Ms. Padma Sundari AP/CSE & ARVR applied lab in-charge, Francis Xavier Engineering College. Fifty Five students from first-year CSE and one faculty of CSE Department participated in the program. The program was coordinated by Mrs.D.Elizabeth Paulsyah, Assistant Professor, Department of CSE from 10.00AM – 12.00PM.
The program started with the introduction of a guest speaker by Mrs.D.Elizabeth Paulsyah. During this session, the guest speaker explained the concept of Entrepreneurial Avenues through Product Innovations and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that leveraging AI, IoT, and blockchain for developing smart and adaptive products. Innovations in wearable technology, autonomous vehicles, and smart home solutions.
The focus is on personalized products tailored to individual preferences using data analytics and user behaviour insights. It’s about the innovations in renewable energy (solar panels, wind turbines) and sustainable packaging. There’s a need of development of biodegradable, recyclable, and energy-efficient products. We can use innovative medical devices like portable diagnostic kits or wearable health monitors. The customized products focused on mental health, fitness, and diet, such as meditation apps and smart fitness gear. Smart farming solutions, such as IoT-enabled irrigation and drone-based crop monitoring. Development of alternative proteins, plant-based meats, and functional foods. Through this program, participants showed keen interest in the concepts, and opportunities and gave satisfactory feedback at the end of the session.
On 15.11.2024 a session on “Empowering Tomorrow’s Entrepreneurs” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. This session was handled by Mrs. M. Yasmin, Assistant Professor, Francis Xavier Engineering College. Forty students from first year CSE C and one faculty of CSE department participated in the program. The program was coordinated by Ms. M. Keerthana, Assistant Professor, Department of English, CSE from 9.30PM – 12.30PM.
The program started with the introduction of the guest speaker by Ms. M. Keerthana. During this session, the guest speaker delivered an inspirational speech on the theme of Empowering Tomorrow’s Entrepreneurship, emphasizing the importance of entrepreneurship in shaping the future. The speaker explained how entrepreneurship drives economic growth, fosters innovation, and creates opportunities to address societal challenges. The speaker highlighted that entrepreneurs not only create jobs but also bring fresh ideas to life, solving problems in unique and impactful ways.
The speaker focused on motivating students to step into the world of entrepreneurship. They stressed that young minds are full of creativity and potential, making them ideal candidates to become successful entrepreneurs. By taking initiative and embracing challenges, students can create meaningful businesses and contribute to society. The speaker shared personal stories and examples of successful entrepreneurs, urging students to think outside the box and believe in their abilities to turn ideas into reality.
One key message from the speaker was the importance of starting a business, or a startup, as a first step into entrepreneurship. They explained that startups allow individuals to test their ideas and solve real-world problems. The speaker concluded by outlining the support systems available to aspiring entrepreneurs. The speaker left the students with a powerful message: by taking the leap into entrepreneurship and starting their own ventures, they can shape a brighter future for themselves and their communities. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 15.11.2024 a session on “The Role of Innovation in Modern Entrepreneurship” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. This session was handled by Dr. R. Prem Ananth, IIC Convenor, Assistant Professor, Francis Xavier Engineering College. 40 students from first year CSE D and one faculty of CSE department participated in the program. The program was coordinated by Ms. M. Keerthana, Assistant Professor, Department of English, CSE from 2.00PM – 4.00PM.
The program started with the introduction of the guest speaker. The guest speaker delivered an insightful speech on the role of innovation in modern entrepreneurship, highlighting how innovation serves as the driving force behind successful businesses today. The speaker explained how entrepreneurs must constantly find new ways to solve problems, improve products, and meet customer needs. The speaker elaborated on the various types of innovation that are crucial in modern entrepreneurship. They discussed product innovation, which involves creating new or improved products to satisfy evolving consumer demands. Process innovation was also emphasized, focusing on finding better ways to produce goods or deliver services. Additionally, the speaker touched on business model innovation, which involves rethinking how companies operate, generate revenue, or engage with customers. They highlighted that each type of innovation plays a unique role in helping businesses stay competitive.
The prime importance of innovation in entrepreneurship was another key point. In conclusion, the speaker encouraged aspiring entrepreneurs to embrace creativity and adopt an innovative mindset in their ventures. The speech ended with a powerful reminder that in modern entrepreneurship, innovation is not just an advantage, it is a necessity for creating impactful businesses and shaping a better future. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 15.11.2024, a session on " Product Development and Startup Challenges " was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Er. V. Hariharan, CEO, Space Zee Technologies Pvt. Ltd, Chennai, from 10.00 AM to 12.30 PM. A total of 40 Students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The guest speaker shared his insights on various aspects of building a successful tech startup, providing practical advice and strategic direction to the students and faculty members present. He stressed the importance of identifying real-world problems before jumping into the ideation phase. He explained how successful products are often born from solving specific problems that customers face. He encouraged students to think creatively and focus on finding innovative solutions that have a tangible impact on society or businesses. He also shared his expertise in creating effective business models and growth strategies. He elaborated on how startups need to carefully assess their target market, identify key revenue streams, and develop sustainable business plans. He highlighted the importance of agility and innovation in business strategy to stay ahead of competitors in a fast-evolving tech landscape.
One of the most impactful parts of the session was when the resource person shared his personal entrepreneurial journey. He inspired students with stories of his own challenges, failures, and eventual successes as the founder of Spacezee Technologies. He emphasized the importance of resilience, passion, and continuous learning in the entrepreneurial journey. His journey was not just about building a business but about creating value through innovation and driving positive change in the tech industry. The participants rasied lot of queries to the resource person and clarified their doubts. The interaction between the resource person and the participants was quite interesting and all the participants benefitted a lot.
On 14.11.2024 a session on “Entrepreneurship in online trading-Sharing of Experience” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. This session was handled by Ms.M. Jerlin, Student Entrepreneur, III AI&DS, Francis Xavier Engineering College. Fifty students from first year AI&DS-A and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 9.00AM – 12.30PM.
The program started with the introduction of guest speaker Ms.M.Jerlin, Student Entrepreneur, III AI&DS,FXEC by Mrs.P.Sooriabrabha. During this session the guest speaker discussed about online trading as an entrepreneurial venture which is both dynamic and rewarding, requiring a deep understanding of market trends, financial instruments, and risk management. The speaker shared her experience about the importance of continuous learning, adaptability, and disciplined decision-making. Starting with minimal investment, challenges faced like market volatility and emotional trading. Tools like trading platforms, analytical software, and economic calendars were instrumental in improving accuracy. Networking with fellow traders and joining online communities provided valuable insights and support. This journey highlighted the need for patience, diversification of investments, and the significance of staying updated with global financial news. Despite the risks, online trading offers immense opportunities for growth and financial independence when approached with dedication and a strategic mindset.
Students interacted with the guest speaker and gathered lot of useful information about online trading and the entrepreneurial opportunities in online trading.
On 12.11.2024 a session on " Sharing of experiences by successful innovator” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by the resource person Ms.J.Jeffrin, Student Innovator III ECE Francis Xavier Engineering College. Fifty six students from first year AI&DS and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM
The program started with the introduction of guest speaker a Student Product Innovator. The resource person discussed the powerful tools which can be used to for the product development to the students in their academic and professional journey. Innovators often recount the challenges they faced, the creative problem-solving strategies they employed, and the lessons they learned along the way. For AI students, these stories provide valuable insights into the real-world application of AI technologies, the importance of persistence in the face of failure, and the need for continuous learning and adaptation.
She emphasized the significance of collaboration, interdisciplinary thinking, and the ethical considerations that come with developing AI systems. By hearing about the trials and triumphs of those who have shaped the AI field, students can gain motivation, perspective, and a deeper understanding of the impact they can have in the future of AI development. This exchange of knowledge fosters a culture of innovation, resilience, and forward-thinking within the AI student community. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 12.11.2024 a session on "Current Trends in Innovation and Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Dr..Lourdes Poobala Rayen,IIC president , Francis Xavier Engineering College, Vannarpettai , from 01.30 PM - 04.00 PM. 53 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and introduced the guest speaker.The guest speaker started the speech by explaining about the concept of entrepreneurship and said that entrepreneurship offers financial and time freedom. Unlike employment, where schedules are often fixed, entrepreneurs can design their days to balance professional and personal life. This flexibility empowers individuals to align their work with their passions and values. As an entrepreneur, income potential is directly tied to the business's success. While employment often comes with capped salaries, entrepreneurship provides opportunities for exponential growth through scalable ventures and multiple revenue streams. Entrepreneurship allows individuals to solve problems creatively and bring new ideas to life. Innovators thrive in this environment, pushing boundaries and creating solutions that can make a significant impact on industries and communities. Entrepreneurs build something they can own, grow, and potentially pass on to future generations. This sense of ownership fosters a deeper connection to their work compared to traditional employment, which may lack long-term personal fulfillment. Entrepreneurship provides the opportunity to address societal challenges and create meaningful change. Many entrepreneurs choose ventures that align with their personal values, such as sustainability, inclusivity, or social impact, fostering a greater sense of purpose in their work. Starting and managing a business requires learning diverse skills, from financial management to marketing.
This constant growth and adaptation create opportunities for personal and professional development, which may be limited in structured employment roles. Entrepreneurship is not just a career choice but a lifestyle that fosters independence, innovation, and impact. While it comes with challenges like financial risks and uncertain outcomes, the rewards of autonomy, purpose, and limitless potential make it a compelling alternative to traditional employment.
The students left the session with a renewed sense of purpose, armed with valuable insights that will undoubtedly shape their entrepreneurial journeys. This session served as a testament to the limitless possibilities that lie ahead for those who dare to dream and work tirelessly to turn those dreams into reality.
On 11.11.2024 a session was organized on the title “ National Education Day 2024: Inspiring Change Through Education” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr G Rajakumar, Controller of Examination, IIC Vice President, Professor, Francis Xavier Engineering College. 58 students and 2 faculties participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speaker said National Education Day was celebrated to recognise the legacy of India’s first Education Minister, Maulana Abul Kalam Azad, and celebrate the transformative power of education. The guest speaker shed light on Azad’s pivotal contributions, including his instrumental role in establishing the Indian Institutes of Technology (IITs) and the University Grants Commission (UGC), both of which have become foundational pillars in India’s higher education system. Through these institutions, Azad laid the groundwork for nurturing scientific inquiry, technological advancement, and educational equity in post-independence India.
The speaker further emphasized the critical role of education in advancing India from a developing to a developed nation, underscoring that quality education remains essential for fostering a skilled and knowledgeable population capable of driving national progress. Education, the speaker noted, is the cornerstone for innovation and entrepreneurship, enabling young minds to identify and solve real-world problems, ultimately contributing to economic growth and social welfare. By prioritizing education that encourages critical thinking and problem-solving, India can cultivate a culture of innovation and entrepreneurship, ensuring the country’s continued advancement on the global stage. The session concluded with a call to action, encouraging students, educators, and policymakers to work together to make education a powerful catalyst for national development and prosperity.
On 09.11.2024 a session on "Student Entrepreneurship: How AI Professionals Can Become Entrepreneurs” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&ML. This session was handled by Mrs.A.Anitha, Assistant Professor of CSBS, Francis Xavier Engineering College. Forty seven students from first year AI&ML and one faculty of AI&ML department participated in the program. The program was coordinated by Mrs.P.Sujitha, Assistant Professor, Department of AI&ML from 10.00 AM – 11.00AM.
The program started with the introduction of guest speaker by Mrs.P.Sujitha. During this session the guest speaker explained the concept of innovation and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that the creativity and innovations are the key element of entrepreneurial success because it allows to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need. The focus on creativity and innovation helps to stand out from the competition and meet customer demands more effectively. It can be as simple as finding a better way to deliver a service or designing a product that solves a common problem.
Entrepreneurs who embrace innovation are better positioned to differentiate themselves from competitors, solve complex problems, and adapt to changing environments. By focusing on innovation, engineering students can transform their technical expertise into scalable startups, securing funding, attracting customers, and contributing to technological advancements that meet societal needs. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 09.11.2024 to celebrate National Entrepreneurship Day a session was organized on the title “Journey to success: Inspiring Stories from Innovator” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Mr Jey Siddharth, Founder & COE of HELEYON Technologies, Final Year - Dept of CSE, Francis Xavier Engineering College. 57 students and 2 faculties participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speaker being the startup founder opened his session by sharing his personal experience as an intern with V.Dart, a leading IT services provider. The internship, which he secured through persistent networking and strategic communication which provided him with hands-on industry exposure. He recounted his initial enthusiasm for frontend development and how his dedication eventually earned him a role in significant projects. Working closely with experienced professionals allowed him to observe how real-world applications are designed, developed, and marketed. He was quick to emphasize the value of internships, describing how they bridge theoretical learning with practical skills essential in today’s competitive world.
His work in frontend development revealed a gap in the market for innovative, customer-centric solutions, sparking the idea to create his own startup. Mr. Siddharth shared with the students that this was the pivotal moment when he decided to launch HELEYON Technologies, which now specializes in frontend solutions tailored to modern business needs. He emphasized the importance of building a strong foundation in one’s area of interest and gradually transforming those skills into a sustainable business. This approach not only helped him gain clients but also instilled trust, ultimately paving the way for HELEYON’s initial success. He urged students to take calculated risks and begin small. Small projects, he explained, are stepping stones to larger business ventures, as they allow budding entrepreneurs to build networks and cultivate valuable business contacts. These connections are essential in the long run and often open doors to larger, more ambitious projects. “Every small step is progress,” he stated, “and even if it seems minor at the moment, it’s bringing you closer to your goal.” In his closing remarks, he inspired students by highlighting the immense satisfaction and learning that comes with starting a business. He reminded them that challenges would arise, but resilience and a willingness to learn from failures are what ultimately lead to success.
On 09.11.2024, a seminar on “Entrepreneurial Edge: Leveraging Technology to Secure Future” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Mr. Narayanan, Back End Engineer, InnBuilt Technologies, Chennai, from 11.00 AM to 12.30 AM. 40 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and introduced the speaker. Speaker explained how rapid technological evolution and entrepreneurship has become more dynamic and competitive than ever. Innovations in artificial intelligence (AI), automation, blockchain, data analytics, and the Internet of Things (IoT) are transforming industries, and those who can harness these tools effectively will gain a significant edge in the market were also dealt. He also added how technological advancements provide entrepreneurs with new tools to increase efficiency, reduce costs, enhance customer experiences, and even develop entirely new business models. He also explained how AI and machine learning (ML) are revolutionizing decision-making processes across all sectors. Entrepreneurs can leverage AI for Personalized customer experiences, Automation of routine tasks, Predictive analytics. Speaker suggested ideas about the Block Chain Technology. He suggested, Entrepreneurs can leverage blockchain in Secure and transparent transactions, Smart contracts and Tokenization and fundraising. Speaker explained the concepts and entrepreneurial opportunities in the area of Big Data and Advanced Analytics. He delivered different strategies for entrepreneurs to leverage technology. He advised that Entrepreneurs need to carefully evaluate and select the right tools and platforms that align with their business needs. Whether it's an AI-based tool for customer segmentation or a cloud-based CRM system, selecting the right technology stack is crucial to optimizing operations and enhancing productivity. The successful integration of technology often begins with a deep understanding of customer pain points. Entrepreneurs should prioritize technologies that improve the customer experience—whether through faster delivery times, personalized services, or more interactive products. Partnerships with technology startups or tech-driven organizations can provide access to the latest innovations and expertise. Entrepreneurs can benefit from co-developing new technologies or integrating cutting-edge solutions into their existing businesses. Entrepreneurs should adopt agile methodologies that allow for flexibility and continuous iteration in their product development and business operations. Failures in developing innovative ideas is a common thing. Students suggested to view failure as a learning opportunity rather than a setback. The ability to adjust to new conditions and challenges must be there for developing an innovative mind set. Innovative mind set combines diverse skills and viewpoints, leading to more innovative outcomes. The developers of innovative ideas must allocate time for exploration and research outside of regular tasks.
The interaction between the students and the guest speaker was highly motivating to all the participants. Session came to an end with the feedback of Students. The Program was organized by Dr. M.Vijaya Maheswari, EDC Co-Ordinator Assistant Professor, Department of MCA, Francis Xavier Engineering College.
On 8.11.2024 a Guest Lecture on "Unlocking Entrepreneurial Opportunities in Tuticorin: Innovation and Career Pathways" was organized by the Entrepreneurship Development Cell and IIC through offline mode in association with Department of Management Studies. The session was handled by Mrs.M.Thanalakshmi, Assistant Professor, Department of Management Studies, Francis Xavier Engineering College, Vannarpettai from 09:30 AM to 11:30 AM on 8.11.2024, 54 students and one faculty participated.
The program started with the welcome address and the introduction of the guest speaker. The resource person started her session by asking students to list unmet needs or unmet business opportunities in Tuticorin. She divided students into groups and directed students to brainstorm on this topic. Students listed business opportunities in these locations. And she moved her session by listing few business problems which are not addressed in these locations. Through presenting those problems she highlighted entrepreneurial opportunities in Tuticorin Landscape for the MBA students and encouraged the students to make use of those opportunities. She continued her presentation and gave more insights about the opportunities available in Tuticorin sub urban areas. She further gave opportunities like Tourism, Trekking in these locations.
She continued her session by giving information about the importance and scope of organic farming in China and Iran and Food processing methods and its penetration in Tuticorin. She presented the value of Indian market and Southern part of Tamil Nadu market and how it is being a huge profitable market. The session further continued about the flourishing business in Tuticorin by using local resources. She also presented the recent concept called upcycling products like Bag made of jeans, chair made of Tyre and sofa made of water barrels.
After the tea break she continued her session by listing few challenges faced by entrepreneurs in local market such as Financing, lack of planning, hiring the right labour were explained . She also gave the insights in sustainable opportunities such as upcycling, recycling, organic and green environment. She concluded her session by motivating students to become entrepreneurs and to develop our locality. The session ended with feedback and vote of thanks by Maharaja, student of I MBA.
On November 8, 2024, a session on “Innovations in Drone Technology in the Agricultural Sector” program was organized by the Entrepreneurship Development Cell and the Institution’s Innovation Council in association with the Department of Mechanical Engineering from 1:30 PM to 4:30 PM. The session was conducted by Dr. K. Robinston Jeyasingh Swikker, Associate Professor, Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. A total of 41 students participated in the program, which was coordinated by Dr. K. Vinukumar. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, Director of the EDC.
The EDC coordinator of the Mechanical department introduced the guest speaker. The resource person explained the concept of drone technology and the usage of drones in the agriculture sector. The presentation covered the introduction of drones, their types, use cases, and growth opportunities related to pursuing a career in drone technology. The resource person also demonstrated the operation of drones using simulation technology and explained the advancements in drone technology. In addition to the session, participants were viewed the video clips of speeches by the renowned scientist highlighting the visionary aspects of drone technology and its potential impact on society.
The session categorized drones into various types based on their design, purpose, and applications, ranging from consumer-grade quadcopters to advanced military surveillance drones. This demonstrated the versatility of drone technology. Innovations in drone technology in agriculture include precision crop monitoring, enabling targeted irrigation and pest control, and the use of autonomous drones for aerial seeding and crop spraying. These advancements improve yield, reduce waste, and optimize resource use. Students found the session extremely valuable and encouraging, providing positive feedback on how it motivated them to pursue their goals with renewed enthusiasm. The session concluded with a Q&A segment, where clear and helpful answers were provided to address the participants' questions.
On 7.11.2024, a session on "IPR Awareness for Engineering Students" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mr. F. Richard singh samuel, Assistant Professor, Department of IT, Francis Xavier Engineering College, Tirunelveli, from 1.20 PM to 3.00 PM. A total of 59 students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT.
The event, organized by the Entrepreneurship Development Cell, aimed to educate and raise awareness among engineering students about the importance of Intellectual Property Rights and their relevance in the modern world, especially in the context of engineering and innovation. The guest speaker began the session by introducing the basic concepts of IPR and its significance in today’s knowledge-driven economy. He emphasized how IPR plays a crucial role in protecting creative ideas, technological innovations, and intellectual assets, especially for students and professionals in engineering fields. He also explained the various types of IPR, including patents, copyrights, trademarks, and trade secrets, highlighting how each can be used to safeguard intellectual output.
To make the concept of IPR more relatable, the speaker presented the real-world examples of successful engineers and entrepreneurs who had effectively used IPR to protect their inventions. He shared stories of tech giants like Apple, Google, and Microsoft, illustrating how these companies have built their success by leveraging patents and other intellectual property protections. He also pointed out the importance of safeguarding innovations through registering the patents even during the ideation stage of a project.A significant portion of the session was dedicated to discussing the legal and ethical aspects of IPR. He also explained the process of patent filing, copyright registration, and trademark registration.
The session was an interactive one wherein the students clarified their doubts and more insight about intellectual property rights and its importance to safeguard the rights of the innovators.
On 25h October 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized “Workshop on Entrepreneurship and Innovation as Career Opportunity”. The resource person for the program was Mr.Sam Appadurai, Assistant Professor, Department of Civil Engineering, Francis Xavier Engineering College, Tirunelveli. 41 civil engineering students and 1 faculty attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of civil engineering, FXEC.
The resource person began the workshop by explaining the concepts of entrepreneurship and innovation, emphasizing their importance in the modern world. He discussed how innovation drives growth and how entrepreneurship can create new career opportunities. He highlighted key skills such as creativity, problem-solving, and risk-taking that are essential for aspiring entrepreneurs. The session also covered practical advice on how students can nurture an entrepreneurial mindset. Also, he shared examples of successful entrepreneurs and innovators who have disrupted industries with their innovative solutions. He encouraged students to adopt a proactive attitude, take calculated risks, and remain adaptable in the face of challenges.
Additionally, the resource person touched on the significance of networking, leveraging technology, and understanding the market dynamics in entrepreneurship. He emphasized the need for continuous learning, self-development, and finding mentors who can guide young entrepreneurs in their journey. The importance of building a personal brand and professional reputation were also discussed, as these factors can contribute significantly to long-term success. The workshop was well-attended by civil engineering students, with active participation throughout the session. The program concluded with a Question-and-Answer session where students sought guidance on their career paths and entrepreneurial aspirations. The interactive session allowed students to address their doubts and gain clarity on various aspects of entrepreneurship and innovation.
On 25.10.2024 a session on “From Ideas to Impact - An Entrepreneur’s Journey” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. This session was handled by Dr. R. Prem Anand, IIC Convener, Assistant Professor, Francis Xavier Engineering College. Fifty six students from first year CSE D and one faculty of CSE department participated in the program. The program was coordinated by Ms. M. Keerthana, Assistant Professor, Department of English, CSE from 2.00PM – 4.00PM.
The program started with the introduction of a guest speaker by Dr. G. Aravind Swaminathan. During this session, Dr. Prem Anand explained the key concepts of entrepreneurship. The guest speaker said that creativity and innovation are the key elements of entrepreneurial success because it allows one to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need. The speaker emphasized the importance of spotting opportunities where others see challenges. He encouraged the participants to remain curious, keep up with technological advancements, and always look for ways to add value to existing processes or products. In the context of eCommerce, he pointed out that the rise of digital platforms has opened new avenues for niche markets and personalized products.
The resource person explained that a well-executed eCommerce strategy, from website design to delivery logistics, can make a substantial impact. He shared examples of eCommerce startups that succeeded through smart execution, focusing on optimizing the checkout process, ensuring fast and reliable shipping, and offering excellent post-purchase support. Through this program, participants showed keen interest in the concepts of entrepreneurship and gave feedback at the end of the session.
On 25.10.2024, a seminar on “Developing Innovative Mindset” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA from 9.30 AM to 11.30 AM. 40 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and introduced the speaker. In her address she explained the ideology behind the developing the innovative mindset. Speaker shared her valuable insights, industry knowledge, and practical skills that are needed for an innovative mind set. 10 students presented their innovative ideas both technically and non-technically. Students also suggested innovative mindset fosters creativity, resilience, and adaptability, enabling better problem-solving and the ability to seize opportunities. Mr. Arshad Ahamed, student of I MCA, suggested the idea of creating 3D object models. He demonstrated how the 3D object models are developed using the technology Unreal Engine. Skills that are needed for the developing 3D models were also presented by the student. He also suggested the ways for earning money through the skills developed.
Mr. Raj Livingston, a student of I MCA identified the gaps in developing new product. He also presented, the ideas of how to be successful in business. Technological risks in developing new products were presented by him. He also suggested the ideas to concentrate on the market needs based on the need of the hour. He explained how an entrepreneur must develop a technology based innovative mind set. Success stories of entrepreneurs who have evolved technically and companies that prioritize innovation were also presented to inspire and motivate other participants. Students also suggested that “the journey toward innovation is ongoing and requires commitment, but the rewards are substantial—enhanced creativity, resilience, and sustainable success.” Students suggested that a strong desire mindset is needed to create innovative ideas. Failures in developing innovative ideas is a common thing. Students suggested to view failure as a learning opportunity rather than a setback. The ability to adjust to new conditions and challenges must be there for developing an innovative mind set. Innovative mind set combines diverse skills and viewpoints, leading to more innovative outcomes. The developers of innovative ideas must allocate time for exploration and research outside of regular tasks.
On 24.10.2024 a session on “Basics of Intellectual Property Rights and its Importance for Innovators and Entrepreneurs" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The Session was handled by Mrs. R. Aandal , Assistant Professor, Department of Electrical and Electronics Engineering, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 46 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and the introduction of the guest speaker by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College. The resource person, explained the basics of Intellectual Property Rights (IPR) and said that IP refers to creations of the human mind, such as inventions, literary and artistic works, symbols, names, and designs. She emphasized that protecting IP rights is crucial for fostering innovation and creativity, allowing individuals and businesses to benefit from their ideas. She also explained the different types of Intellectual Property, such as Patents, Trademarks, and Copyrights, and discussed methods for protecting one's inventions. Additionally, she discussed the importance of Intellectual Property for innovators and entrepreneurs. She elaborated on trademarks, brand recognition, legal protection, and competitive advantage, providing relevant examples.
The session was highly beneficial and motivating for young innovators planning their startups and businesses, boosting their motivation significantly. Participants asked various questions during the session, which further enhanced their understanding and enthusiasm.
On 23.10.2024 a session was organized on the title “MIC Programmes & Schemes with Dr. Abhay Jere, VCM, AICTE & CIO, MoE” by the MoE Innovation Cell and IIC. The guest speaker was Dr. Abhay Jere, VCM, AICTE & CIO, MoE 172 students and 24 faculty participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speaker emphasized that Institution Innovation Council (IIC) at technical institutions should evolve into problem-solving hubs not only for India but for the global community. He stressed the importance of creating awareness on Intellectual Property Rights (IPR) and organizing idea challenges and design thinking workshops to foster creativity among students. In his speech, the speaker highlighted the fact that, despite having more than 1 crore students enrolled across institutions, only 6,000 startups have emerged globally, which signifies a need for improvement in entrepreneurial outcomes.
He encouraged students to actively participate in the internal Smart India Hackathon (SIH) and SIH 2024 to develop practical solutions to pressing problems. He also discussed the Yukti Portal, which has seen the submission of over 1 lakh innovative ideas, and urged students to focus on projects at Technology Readiness Level (TRL) 4 for meaningful progress. The guest speaker further mentioned that last year, 130 innovations were funded under the Yukti Innovation Challenge. He highlighted the importance of the newly established Indovation Centres across the country, which provide handholding support for technology transfer. He urged institutions to leverage these centres to enhance their IIC activities. Additionally, Dr. Abhay Jere elaborated on the Kapila Portal, which offers reimbursement for government charges related to IP filing, thereby encouraging students and institutions to protect and promote their innovations through proper intellectual property management.
On 22.10.2024 a motivation session on “From Idea to Impact: The Entrepreneur’s Journey” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by Mr. Jey Siddharth, Founder & CEO of HELEYON Technologies, Final Year-Department of Computer Science and Engineering, Francis Xavier Engineering College, Tirunelveli from 9.30 AM to 12.30 PM. 51 students and 1 faculty participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and the introduction of the guest speaker by the EDC coordinator. The speaker explained the need for converting the ideas into a reality which paves the way for starting the entrepreneurial journey. The guest speaker emphasized that this journey begins with a vision—a unique idea that addresses a real-world problem or need. He also explained the process of converting the ideas into action and said that the entrepreneurs must go through the critical stages of validation, where they test their idea against market demands and customer feedback.
Next, he focused on the execution, building a product or service while navigating the challenges of funding, team-building, and operational efficiency. The lecture highlighted the importance of resilience, adaptability, and strategic thinking, as these are key to overcoming setbacks.
Finally, the journey culminates in impact, where the entrepreneur not only achieves success in the marketplace but also creates value for society. The speaker also underscored the significance of continuous learning and iteration to sustain long-term impact in a competitive and ever-changing environment.
On 21.10.2024 a session on "Motivational Session by Successful Innovators” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mr. Jey Siddharth, Founder & CEO of HELEYON, IV-CSE, Francis Xavier Engineering College. 56 students from first year AI&DS-A and faculties of AI&DS department participated in the program. The program was convened by Dr.A.Anitha HOD/AI&DS and coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of guest speaker by Mrs.P.Sooriabrabha. The motivational session featuring successful innovator aimed at inspiring the students was a resounding success. The innovator shared his personal journey, emphasizing resilience, creativity and the importance of pursuing one’s passions despite challenges. He encouraged students to harness their unique experiences as a source of strength and innovation. Through engaging discussions and interactive activities, the innovator highlighted the significance of collaboration, adaptability, and maintaining a growth mindset. Students left the session feeling empowered and motivated to explore their potential, armed with practical strategies and a renewed sense of purpose in their academic and personal lives. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 21.10.2024 a session on the title “Leaders from Historical Institutions: Discussion on the Origin of Technical Education in India” was organized by the MoE Innovation Cell, New Delhi. The guest speakers were Prof. T G Sitharam, Chaiman AICTE, Dr. J Prakash registrar of Anna University, College of Engineering, Guindy, Prof Kamal Kishore Pant, Director, IIT Roorkee, Prof. S.G. Bhurid, VC, COEP and Dr. V. M. S. R. Murthy, Director, IIEST Shibpur. 187 students and 24 faculties participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speakers were the visionary leaders from renowned historical institutions to highlight the rich heritage of technical education in India. From the founding of early engineering colleges to the creation of industrial research centers, our distinguished panel illuminated the key milestones that have contributed to India’s emergence as a global innovation hub and the remarkable stories of perseverance, challenges, and triumphs that have shaped the modern technical education landscape of India.
Discussion Points:
On 21.10.2024 session on " Expert Talk on Exploring Entrepreneurial Mindset” was organized by the Entrepreneurship Development Cell of Management Studies department and IIC. The session was handled by Prof.S.Lirish Lenny Paul AP/MBA, Francis Xavier Engineering College from 02.00 PM- 04.00 PM on 21.10.2024. 40 students and one faculty participated. Dr.V.M.Sangeetha, EDC Coordinator of Management Studies department coordinated the program.
The resource person started the session by highlighting the characteristics essential for entrepreneurial success, the challenges that entrepreneurs commonly face, and featured a practical demonstration on launching an Amazon online store. The resource person emphasized that understanding and adopting the right entrepreneurial mindset is crucial for achieving business success, aligning with the Institution’s Innovation Council's goal of promoting innovation and entrepreneurship.
Key characteristics highlighted during the session included risk-taking, innovation, resilience, vision, goal-setting, leadership, and decision-making skills. These traits are necessary for entrepreneurs to navigate the uncertainties of business. Alongside these traits, the session discussed challenges like securing finances, handling market competition, predicting consumer behaviour, managing growth, and integrating technology, which are frequent obstacles for new entrepreneurs.
To make the learning experience more practical, the session included a live demonstration on setting up an Amazon online store. Students learned how to create a seller account, optimize product listings and fundamental ideas in online store. The demo demonstrated how e-commerce platforms like Amazon simplify the process of starting an online business, making digital entrepreneurship a more accessible and cost-effective option for new entrepreneurs aiming to enter the global market. The session was concluded with the vote of thanks and feedback by students of I MBA.
On October 21, 2024 a session on “Opportunities for the Mechanical Engineering Students to Develop Entrepreneurial Venture” was organized by the Entrepreneurship Development Cell and the Institution’s Innovation Council in association with the Department of Mechanical Engineering from 12:30 PM to 4:30 PM. The session was conducted by Mr. J. Jeremy Jeba Samuel, Assistant Professor, Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. A total of 50 students and 1 faculty participated in the program. Dr. K. Vinukumar, AP/MECH coordinated the program.
The resource person explained that mechanical engineering students can develop entrepreneurial ventures by creating innovative products, starting manufacturing businesses, offering consulting services, developing tech solutions, engaging in research and development, launching robotics startups, focusing on social entrepreneurship, and collaborating with other disciplines or startups. The resource person stated that students could launch a service offering in 3D printing for custom parts, prototypes, or artistic designs; provide expertise in CAD design, simulation, or project management to local businesses or startups; optimize supply chains; and develop applications that integrate IoT technology into traditional mechanical systems for monitoring and optimization.
Students found this session extremely valuable and encouraging, providing positive feedback about how it motivated them to pursue their goals with renewed enthusiasm. The session concluded with a Q&A segment, where clear and helpful answers were provided to address participants' questions.
On 19.10.2024, a session on "E-Commerce: A Gateway to Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Dr. A. Prem Ananth, IIC Convener and Innovation Ambassador, Assistant Professor, Department of ECE, Francis Xavier Engineering College, Tirunelveli, from 11.00 AM to 12.30 PM. A total of 52 Students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address by Mr. F. Richard Singh Samuel, featuring the significance of advancement in the E-Commerce and the role of entrepreneurs. The guest speaker gave a case study to inspire and draw the attention of the students. Moreover, the he said E-commerce in 2024 offers significant growth opportunities but also presents challenges. Businesses must adapt to emerging trends, focus on scalability and security, and follow best practices to position their business for success. He list few live examples to the students to reflect on it and to assess the opportunities it throws for developing the same as a business venture. He asked to the students to embrace the opportunities and build a thriving online presence to thrive in the future.
The presentation was thought provoking and students were impressed by the examples cited by the guest speaker. Few students asked some clarifications about developing the online business and the legal formalities in starting the same. The guest speaker gave a fitting reply and created a vibration among the students. In fact, the interaction provoked good response among the students and the students felt happy about the useful discussion during the session
On 18.10.2024 a session on "The Role of Artificial Intelligence in Entrepreneurs" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mrs.Freeda Jebamalar.S, Assistant Professor, Department of CSBS, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 54 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The guest speaker started the speech by explaining about the Technology entrepreneurship which is evolving rapidly, driven by advancements in emerging technologies and shifts in market demands. Artificial Intelligence (AI) is transforming the entrepreneurial landscape by enhancing decision-making, optimizing operations, and fostering innovation. She explained the roles AI plays in entrepreneurship, highlighting its applications, benefits, challenges, and future potentials. She said entrepreneurship is the process of creating and managing a new business venture. In the recent years, AI has emerged as a crucial tool for entrepreneurs, enabling them to navigate complex market dynamics, improve efficiency, and deliver personalized customer experiences. AI tools can analyze vast amounts of data to identify market trends, customer preferences and competitive landscapes. Entrepreneurs can leverage predictive analytics to make informed strategic decisions. AI-driven CRM systems enhance customer interactions by automating responses, personalizing communication, and providing insights into customer behavior. AI accelerates product development through simulations, design optimizations and the analysis of user feedback. This allows entrepreneurs to iterate quickly and meet market demands. The session was an informative one the students interacted with the guest speaker and gathered lot of information about AI and the opportunities for scaling up a business using AI.
On 16.10.2024, a session on "The Innovation Process: Stages of Innovation from Idea Generation to Execution and Scaling" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mr. Sethuram Kumar, II/Mech, Department of Mechanical Engineering, Francis Xavier Engineering College, Tirunelveli, from 11.00 AM to 12.30 PM. A total of 55 students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome note by Mr. F. Richard Singh Samuel. In the present high speed pioneering scene, the capacity to produce imaginative thoughts is fundamental for beating difficulties and immediately jumping all over chances. The guest speaker being the product developer and converting the ideas in to new products, he shared lot of information about the process of new product development. His bits of knowledge gave a pragmatic structure to business visionaries hoping to improve their critical thinking abilities.
He also focused on the significance of developing a creative and innovative mindset among the students. He highlighted the various stages in the product development starting from the idea generation to the product development. In addition to these valuable insights, he discussed the role of adaptability in the ideation process. He emphasized that innovation is an ongoing journey, requiring constant iteration and refinement. Product innovators must be willing to evolve their ideas in response to market demands, technological advancements, and emerging trends. This adaptability, combined with structured ideation techniques, can give entrepreneurs a competitive edge, allowing them to stay relevant and responsive in an ever-changing business landscape. By continuously refining ideas and strategies, businesses can drive sustainable innovation and long-term success. The guest speaker being the student innovator he inspired the students regarding the process of new product development and use of funding resources. The sharing evoked a good response among the students and the interaction helped the students to gather more information from the guest speaker.
On 10.10.2024 a session on "Emerging Trends in Technology Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mrs.Freeda Jebamalar.S, Assistant Professor, Department of CSBS, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 54 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The guest speaker started the speech by explaining about the concept of entrepreneurship and gave few examples of successful Indian entrepreneurs. She also highlighted the Technology entrepreneurship which is evolving rapidly by the advancements in emerging technologies and shifts in market demands. She explained the key trends shaping the future of technology-driven startups and businesses such as AI and ML which have become the essential tools for startups across industries.
Entrepreneurs are leveraging these technologies to automate processes, gain insights from data, and offer personalized experiences. AI-driven solutions such as chatbots, recommendation systems, and predictive analytics are now cornerstones in sectors like healthcare, e-commerce, finance, and education. Startups focusing on AI are attracting significant investment, and the trend of using AI to solve complex problems is expected to grow. Green tech startups are developing innovations in renewable energy, waste reduction, carbon capture, and energy-efficient products. Companies that align their business models with sustainability are becoming more competitive and appealing to investors and consumers alike.
On 10.10.2024 a “Developing Entrepreneurial Mindset to the Budding Engineers” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by Mrs. Mariammal, Assistant Professor, Department of Computer Science and Engineering, Francis Xavier Engineering College, Tirunelveli from 1.30 PM to 4.00 PM. 55 students and 1 faculty participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The speaker emphasized the importance of innovation, problem-solving, and risk-taking in today’s dynamic world. She shared success stories of engineers who became successful entrepreneurs, illustrating how thinking out-of-the-box and taking initiative can lead to the creation of breakthrough products and companies. The lecture also covered the fundamentals of starting a business, from identifying a market need to prototyping and scaling a solution, as well as managing resources and teams.
The interactive nature of the session encouraged students to ask questions about entrepreneurship challenges and risks, helping them understand that failure is part of the entrepreneurial journey. Students were urged to cultivate resilience, adaptability, and a passion for lifelong learning—key traits necessary for entrepreneurial success. The speaker also stressed the significance of networking, mentoring, and collaboration in the entrepreneurial ecosystem
Overall, the guest lecture provided valuable insights into how budding engineers can develop an entrepreneurial mindset and approach their careers with a broader vision. It left students motivated to explore opportunities beyond traditional career paths, aiming to become innovators who contribute to technological advancements and societal progress.
On 9th October 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized a session on “The Spirit of Entrepreneurship: A successful Path towards Scaling New Heights”. The resource person for the program was Dr.R. Prem Ananth, IIC Convenor, Assistant Professor, Department of ECE, Francis Xavier Engineering College, Tirunelveli. 40 first year civil engineering students and 1 faculty attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of civil engineering, FXEC.
The resource person gave an overview of what entrepreneurship means and why it is important. He explained the key ideas like creativity, taking risks, and finding opportunities. He highlighted how a positive mindset could help students to face challenges in their future careers. He shared stories of successful entrepreneurs who achieved great things through innovative thinking and planning. He talked about the importance of being flexible and strong in today’s fast-changing world. He also shared some tips like networking, using technology, and understanding the market for the students who wants to become entrepreneurs.
Additionally, he discussed the value of having mentors and the need for continuous learning. He encouraged students to seek help from experienced people and to be open to new ideas. Also, he stressed the importance of building a good personal brand and reputation in entrepreneurship. The program ended with a Question and Answer session where students asked questions about their career goals and how to achieve them. This interaction made the session more engaging and helpful for everyone. Overall, the expert talk was inspiring and informative, giving students useful insights and motivation to follow their entrepreneurial dreams.
On 09.10.2024 a “Empowering tomorrow’s Innovators the case for Entrepreneurial Awareness” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The Session was handled by Dr.Lourdes Poobala Rayen, EDC Director. Francis Xavier Engineering College, Tirunelveli from 10:00 AM to 12:00 noon. 54 students and 1 faculty participated. This event was coordinated by M.L.Jothi Alphonsa Sundari AP/CSE.
The program started with the welcome address by Miss Udaya Ponsiye CSE D, Francis Xavier Engineering College. The speaker emphasized the importance of innovation, problem-solving, and risk-taking in today’s dynamic world. He shared the success stories of engineers who became successful entrepreneurs, illustrating how thinking out-of-the-box and taking initiative can lead to the creation of breakthrough products and companies. The lecture also covered the fundamentals of starting a business, from identifying a market need to prototyping and scaling a solution, as well as managing resources and teams.
The interactive nature of the session encouraged students to ask questions about entrepreneurship challenges and risks, helping them understand that failure is part of the entrepreneurial journey. Students were urged to cultivate resilience, adaptability, and a passion for lifelong learning—key traits necessary for entrepreneurial success. The speaker also stressed the significance of networking, mentoring, and collaboration in the entrepreneurial ecosystem
Overall, the guest lecture provided valuable insights into how budding engineers can develop an entrepreneurial mindset and approach their careers with a broader vision. It left students motivated to explore opportunities beyond traditional career paths, aiming to become innovators who contribute to technological advancements and societal progress.
On 08.10.2024 a session on "Student Entrepreneurship: Journey from Classrooms to Nations” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&ML. This session was handled by Mr.Jey Siddharth, Founder & CEO of Heleyon Technologies, Final Year- Department of CSE, Francis Xavier Engineering College. Forty seven students from first year AI&ML and one faculty of AI&ML department participated in the program. The program was coordinated by Mrs.P.Sujitha, Assistant Professor, Department of AI&ML from 12.00 PM – 1.00PM.
The program started with the introduction of guest speaker by Mrs.P.Sujitha. During this session the guest speaker explained the concept of entrepreneurship and the importance of the same for the growth and success of the nation. The guest speaker said that the creativity and innovation are the key element of entrepreneurial success because it allows to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need. The focus on creativity and innovation helps to stand out from the competition and meet customer demands more effectively. It can be as simple as finding a better way to deliver a service or designing a product that solves a common problem.
Entrepreneurs who embrace innovation are better positioned to differentiate themselves from competitors, solve complex problems, and adapt to changing environments. By focusing on innovation, engineering students can transform their technical expertise into scalable startups, securing funding, attracting customers, and contributing to technological advancements that meet societal needs. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 8.10.2024 a session on "Career Opportunities in Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by the resource person Mr.P.Selvakumar, Department of Management Studies, Francis Xavier Engineering College. Fifty nine students from I-AI&DS and 1 faculty of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM –4.30PM.
The program started with the introduction of guest speaker by Mrs.P.Sooriabrabha. The speaker addressed opportunities in entrepreneurship. Entrepreneurship offers a wide array of career opportunities, driven by innovation and the desire for independence. Aspiring entrepreneurs can create businesses in various sectors, including technology, healthcare, and sustainable products, allowing them to capitalize on emerging trends and consumer demands. Startups often require diverse skill sets, ranging from marketing and finance to product development and customer service, enabling individuals to wear multiple hats and gain comprehensive experience. Entrepreneurship fosters an environment of creativity and problem-solving, encouraging individuals to identify gaps in the market and develop unique solutions. As a remote work and digital platforms continue to grow, entrepreneurs can also leverage online resources to reach global audiences with minimal overhead costs. A career in entrepreneurship not only promotes personal and professional growth but also contributes to economic development and job creation in communities. At the end of the session feedback was collected from the students.
On 08.10.2024 a session was organized on the title “Fostering Entrepreneurial Spirit: A Pathway to Success” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. Lourdes Poobala Rayen, IIC President, Francis Xavier Engineering College. 58 students and 2 faculty participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speaker opened the session by highlighting why engineers are naturally positioned for success in entrepreneurship. He explained that engineers are trained to tackle problems systematically, a skill that aligns perfectly with the entrepreneurial mindset of identifying challenges and crafting effective solutions. Their capacity for innovation, combined with a solid grounding in technology, equips them to excel in launching startups, particularly in industries fueled by rapid technological advancements. This unique blend of problem-solving expertise and technical knowledge makes engineers ideal candidates for entrepreneurial ventures.
Key Discussion Points: The speaker highlighted the constraints of traditional employment, such as:
Lack of Time Freedom: Employees often face fixed working hours and limited flexibility in managing their own time.
Limited Income Potential: Unlike entrepreneurship, which offers uncapped earning potential, traditional jobs often come with predetermined salaries and incremental growth.
No Financial Freedom: Dependence on a fixed salary limits financial freedom, with no opportunity to scale earnings through personal effort.
From Skill to Cash: The speaker emphasized the importance of transitioning from an employment mindset to an entrepreneurial one. Instead of aiming solely for employment, students were encouraged to develop skills that can be monetized. The speaker stressed, "The goal is not employment, but using creativity and innovation to transform skills into cash-flow-generating ventures."
Creativity and Innovation – The Path to Entrepreneurship: Entrepreneurship thrives on creativity and innovation. Students were urged to think outside the box, solve real-world problems, and design unique solutions. The speaker identified creativity and innovation as the cornerstones for developing successful business ventures, particularly in fast-growing industries like technology.
The guest speaker discussed the Entrepreneurial Opportunities in Electronics and Communication Engineering. They are
PCB Design: The electronics industry offers numerous entrepreneurial opportunities in designing printed circuit boards (PCBs), which are essential components in modern electronic devices.
Drone Technology: With advancements in unmanned aerial systems, drone technology has emerged as a key area for innovation and business growth, including applications in delivery services, agriculture, and surveillance.
Internet of Things (IoT): The increasing integration of IoT devices in everyday life opens vast potential for startups focused on smart homes, industrial IoT, and healthcare.
Sensor Technology: From environmental monitoring to health diagnostics, sensor technologies are critical enablers for innovation and can lead to successful entrepreneurial ventures.
The speaker stressed the growing importance of startups as drivers of innovation, economic growth, and job creation. Startups are more agile than established companies and can adapt quickly to changing market demands. They provide a platform for entrepreneurs to scale their ideas, disrupt industries, and make a meaningful impact on society. Students were encouraged to explore startup opportunities, whether by creating their own ventures or contributing to emerging ones.
The session concluded with a strong message about the value of entrepreneurship in achieving both personal and financial freedom. The speaker motivated students to harness their creativity and skills, explore entrepreneurial avenues in technology, and take steps toward building innovative startups that could shape the future.
On 8.10.2024 a talk on "Entrepreneurial Opportunities for Electrical Engineers" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by Mr. S. Selvakumar, Assistant Professor, Department of Electrical and Electronics Engineering, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 50 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College. she introduced the guest speaker. The resource person, elaborated on the need for entrepreneurship and innovation, highlighting the key characteristics of successful entrepreneurs, global entrepreneurship trends, challenges faced by entrepreneurs, qualities of an entrepreneurial mindset, and insights into the future of entrepreneurship. During the session, he provided valuable insights into the benefits of pursuing an engineering career, the marvels of electrical engineering, and the present scenario in the field. He encouraged students to turn their ideas into viable and sustainable businesses.
He explored various entrepreneurial opportunities for electrical engineers, such as solar panel installation and maintenance, energy auditing, electric vehicle charging station infrastructure, and renewable energy consulting. Additionally, he offered detailed guidance on setting up an LED manufacturing unit and how to tap the markets like renewable energy and smart home technology.
In conclusion, the speaker provided practical advice on identifying problems, designing solutions, and protecting ideas. The session greatly benefited young innovators planning to start their businesses, taking their motivation to new heights. Participants engaged with thought-provoking questions, further deepening their understanding and enthusiasm.
On 07.10.2024 a session was organized on the title “Igniting Entrepreneurial Mindsets: Building the Future Today” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College. 57 students and 2 faculties participated in the program. This event was coordinated by Mr.Pradeep T Rajan, Assistant Professor, Department of ECE, Francis Xavier Engineering College.
The guest speaker started the session by stating the example of Deepinder Goyal, CEO of Zomato, to illustrate why engineers are inherently well-suited for entrepreneurial ventures. He explained that Goyal, with his engineering background, exemplifies how problem-solving skills can translate seamlessly into entrepreneurship. Engineers are trained to approach challenges methodically, which aligns with the entrepreneurial mindset of identifying problems and crafting innovative solutions—just as Goyal did when he identified a gap in the food delivery industry. Goyal’s journey underscores how engineers, armed with a strong foundation in technology, are ideal candidates for launching startups in industries driven by rapid technological advancements. The speaker highlighted that engineering equips individuals with the ability to create scalable and impactful solutions, which is key in today’s fast-evolving business landscape. Leveraging technology, as Goyal did by transforming the food delivery system with Zomato, is crucial for entrepreneurial success, especially in a climate where digital transformation is reshaping entire industries.
The speaker emphasized three key factors that contribute to entrepreneurial success, they are
Identifying Market Needs: Like Goyal, engineers must develop a deep understanding of customer pain points. Goyal’s identification of inefficiencies in the restaurant and food delivery sectors allowed him to create a solution that addresses real-world problems.
Product Development and Scalability: The speaker stressed the importance of building scalable products, much like Goyal’s Zomato, which began as a restaurant discovery platform and evolved into a global food delivery service, adapting to changing market demands.
Business Acumen: While technical skills are essential, the speaker pointed out that engineers, like Goyal, need to complement their technical expertise with business knowledge. Goyal’s success is partly attributed to his understanding of financial management, marketing, and strategic planning, which are critical for leading and sustaining a startup.
The speaker concluded the session and said that Entrepreneurship Development Cell at Francis Xavier Engineering College is dedicated to fostering an entrepreneurial spirit among students, encouraging them to create innovative business ventures that align with global market standards. He also said that our mission is to inspire future engineers to embrace entrepreneurship, contributing to industrial and national development.
On 07.10.2024 session on "Diving into Opportunities: Income-Generating Skills and Entrepreneurship in the Aquarium Business " was organized by the Entrepreneurship Development Cell of Management Studies department and IIC through offline mode. The session was handled by Prof.P.Selvakumar AP/MBA, Francis Xavier Engineering College from 09.30 PM- 12.30 PM on 07.10.2024. 45 students and one faculty participated in the program.
The session aimed at enlightening the aspiring entrepreneurs and students about the vast business potential within the aquarium industry and the skills required to succeed in this venture. The resource person gave the introduction to the aquarium business, where he explained the various facets of the industry. He discussed the increasing demand for both freshwater, marine aquariums and the growing trend of using aquariums for home decor and wellness purposes. The expert highlighted how the industry offers a wide array of opportunities for aspiring entrepreneurs, such as setting up aquarium shops, offering aquarium maintenance services, or providing custom aquarium installations for homes, offices, and commercial spaces. He also touched on the growing demand for aquascaping, an artistic approach to aquarium design.
After the tea break, various business models like retail service based, Breeding and supply, public aquarium were discussed. The expert elaborated on the skills required to generate income in this niche sector, such as fish breeding, aquascaping, water chemistry management, and customer relationship management. He stressed the importance of technical knowledge in managing aquatic ecosystems and marketing skills to attract and retain customers.
He continued explaining about a small-scale aquarium business with limited capital, the legal and environmental regulations surrounding the aquarium trade, and the potential for exporting exotic fish. The expert talk provided valuable insights into the aquarium business, inspiring participants to explore entrepreneurial opportunities in this growing industry. Finally, the session was ended with feedback and vote of thanks by students
On 7.10.2024, a seminar on “Mentoring of Innovation Ideas by the Innovation Ambassador” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA from 9.00 AM to 11.00 AM. 56 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and introduced the speaker. In her address she explained the need for the mentoring. Mentor shared her valuable insights, industry knowledge, and practical skills, guiding mentees through complex challenges. Networking opportunities were also given to the mentees facilitating connections with potential investors, partners, and customers. Mentors suggested ideas to mentees to identify and access resources, such as funding, tools, and talent, essential for developing and launching innovative ideas. Mentor help individuals refine and develop their ideas into viable solutions, encouraging critical thinking and problem-solving.
During the session, mentor created an environment where team members can collaborate, share insights, and leverage each other's strengths. Mentor suggested ideas related to identify and connect mentees with necessary resources, such as funding opportunities, technology, and expertise. Students were advised to attend training sessions to build skills related to innovation processes, such as design thinking, rapid prototyping, and market validation. Mentors provided constructive feedback and mentorship to guide mentees through the iterative process of idea refinement. Mentors facilitated peer review sessions where team members can present their ideas and receive feedback. Mentors encouraged the development of pilot projects to test innovative ideas in a controlled environment, gathering real-world data and feedback. Suggestions like organize events that bring together innovators, industry experts, and potential investors to foster connections and collaboration. Mentees developed critical skills in innovation processes, leading to more confident and capable innovators. Continuous mentoring helps establish a long-term culture of innovation, encouraging ongoing creativity and experimentation. Students demonstrated the projects so far, they have developed. Different levels of questions were raised by the other participants to ensure the proper working of the projects. Documenting and sharing success stories from mentees can inspire others and highlight the value of mentorship. Investing in such mentorship initiatives not only enhances innovation but also cultivates a vibrant culture of continuous improvement and growth. Mentor inspired other mentees and highlighted the value of innovation. The interaction between the students and the mentor was highly motivating to all the participants. Session came to an end with the feedback of the students.
A session on “Building My Own Path: The Motivation to Become an Entrepreneur” was organized by the Entrepreneurship Development Cell and the Institution’s Innovation Council in association with the Department of Mechanical Engineering on October 07, 2024, from 12:30 PM to 4:30 PM. The session was handled by Dr. S. Sheik Sulaiman, Assistant Professor, Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. 51 students and 1 faculty member participated in the program, Dr. K. Vinukumar, AP/MECH, coordinated the session.
The resource person explained the role of entrepreneurs and the advantages of the entrepreneurs to enhance the economic condition of the people. The guest speaker said that entrepreneurship is about creating innovative solutions to real social problems and having the freedom to develop entrepreneurship. He emphasized that an entrepreneur is someone who identifies opportunities, takes risks, and builds ventures that create value. Starting a startup is about turning a vision into reality, using creativity, problem-solving, and resilience to solve challenges and make an impact.
Now a days there is a change in the mindset of the students and are involved in earning income through the income generating ventures. The same situation prevails across the globe for example, in China, entrepreneurs focusing on manufacturing and developing innovating toys, while countries like United States are concentrating in tech startups, India addresses healthcare and education challenges, and Germany excels in engineering and manufacturing sectors.
Students found this session extremely valuable and encouraging. They have gained knowledge and gathered lot of information about entrepreneurship. At the end of the session students gave their feedback about the session and expressed their satisfaction to pursue their goals with renewed enthusiasm. The session concluded with a Q&A segment, where clear and helpful answers were provided to the participants by the resource person.
On 1.10.2024 a session "Idea to Business: A Journey of Entrepreneurship" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by Mr. A. Anand, Assistant Professor, Department of Electrical and Electronics Engineering, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 44 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and the introduction of the guest speaker by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College. The resource person, explained that entrepreneurship is often seen as a thrilling and challenging endeavour that requires a unique blend of passion, creativity, and perseverance. He encouraged students to transform an idea into a viable and sustainable business. He discussed that while the path from idea to enterprise is filled with uncertainty and obstacles, it also offers tremendous opportunities for growth and success. He talked about inspiration and idea generation, explaining that ideas can come from personal experiences, market gaps, technological advancements, or a desire to solve specific problems. Successful entrepreneurs often possess the ability to identify opportunities where others see challenges. He also highlighted the need for research and validation, which involves understanding the target market, analyzing competitors, and assessing the feasibility of the business concept.
He discussed the importance outlining the target market, competitive advantage, and revenue model. Regarding execution and implementation, he addressed the need for setting up the necessary infrastructure, acquiring resources, building a team, and initiating marketing and sales efforts. Additionally, he talked about the importance of building a strong team, scaling plans, and conducting risk assessments. He emphasized having faith in oneself and one's goals, as clear goals help achieve dreams.
The session greatly benefited all the young innovators planning their businesses, boosting their motivation to the next level. The participants asked various questions during the session, further enhancing their understanding and motivation.
On 30.09.2024 a session on "AI Preneurs: Igniting Innovation and Entrepreneurship” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&ML. This session was handled by Dr.Lourdes Poobala Rayen, EDC Director & IIC President, Francis Xavier Engineering College. Forty seven students from first year AI&ML and one faculty member participated in the program. The program was coordinated by Mrs.P.Sujitha, Assistant Professor, Department of AI&ML from 2.30 PM – 4.30PM.
The program started with the introduction of guest speaker by Mrs.P.Sujitha. During this session the guest speaker explained the concept of innovation and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that the creativity and innovation are the key element of entrepreneurial success because it allows to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need. The focus on creativity and innovation helps to stand out from the competition and meet customer demands more effectively. It can be as simple as finding a better way to deliver a service or designing a product that solves a common problem.
Entrepreneurs who embrace innovation are better positioned to differentiate themselves from competitors, solve complex problems, and adapt to changing environments. By focusing on innovation, engineering students can transform their technical expertise into scalable startups, securing funding, attracting customers, and contributing to technological advancements that meet societal needs. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 27.09.2024 a session on "Session on Problem Solving and Ideation Workshop” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mrs.S.Freeda Jeba Malar, AP/CSBS, Francis Xavier Engineering College. Fifty students from second year AI&DS and 1 faculty of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 9.00AM – 12.30PM.
The program started with the introduction of the guest speaker by Mrs.P.Sooriabrabha EDC coordinator of AIDS. The guest speaker discussed the process of problem-solving and ideation successfully. The problem solving process begins with identifying the issue, exploring its root causes, ideating and refining possible solutions before implementing and measuring the impact of that solution. She gave lot of examples for the process of problem solving. In addition to this she also highlighted the ideation techniques such as, 1. Brainstorming · 2. Worst idea · 3. Storyboarding · 4. Mind mapping 5. Brainwriting 6. Questioning 7.Sketching, 8.Analogies, 9.Scamper, 10.Bodystrom
During the session the participants were guided through various techniques, including brainstorming, mind mapping, and design thinking, to identify and address real-world challenges. Participants worked in diverse teams, encouraging the exchange of perspectives and enhancing creativity. By the end of the workshop, several actionable ideas emerged, with a focus on practical implementation strategies. The guest speaker interacted with the participants and clarified all the doubts raised by the participants. Feedback indicated that participants found the expercise enriching, enhancing their skills in both problem-solving and teamwork, and sparking enthusiasm for future collaborative efforts. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 26.9.2024 a session on “Innovation: A Seed Bed for Entrepreneurship” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by, Mrs. J. Priskilla Angel Rani, Assistant Professor, Department of Computer Science and Engineering, Francis Xavier Engineering College, Tirunelveli from 9.30 AM to 12.30 PM. 60 students and 2 faculties participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by M.Mariammal, AP/CSE, Francis Xavier Engineering College. The guest speaker began with explanation about innovation as the process of transforming creative ideas into tangible products, services, or processes that add value. The speaker emphasized that innovation is not limited to technological advancements but can be applied to various fields, including business models, customer experience, and operational improvements.
The speaker also highlighted the role of ecosystems in nurturing innovation. Universities, research institutions, government policies, and corporate partnerships play a crucial role in providing the resources, knowledge, and networks needed for entrepreneurs to thrive. Without a supportive ecosystem, innovation might stagnate, preventing ideas from evolving into viable businesses.
The speaker gave lot of examples like Steve Jobs, Elon Musk, and Oprah Winfrey to demonstrate how innovation paved the way for their success. These real-world cases inspired the participants to recognize the potential within them to become entrepreneurs by embracing innovation. The session ended with an interactive Q&A, where students engaged with the speaker, seeking advice on how to start their entrepreneurial journeys, harness innovation, and build lasting ventures.
On 26.09.2024, one day EDP training on “Nano Enterprise Financing Fund” under “வாழ்ந்து காட்டுவோம் திட்டம் (VKP)” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA from 11.00 AM to 4.30 PM. 40 Micro Women Entrepreneurs participants from different localities of Titunelveli.
The program started with the welcome address by Mr.l Joesph Cyril, Regional Team Leader, VKP project. In his address, he explained Nano Enterprise Financing Fund (NEFF) for the NEFF beneficiaries. He also suggested different business ideas which can be developed using the loan amount. Dr. Lourdes Poobala Rayen, IIC President, EDC Director, Francis Xavier Engineering college addressed the participants highlighting the business opportunities. In his address he gave lot of examples for the Micro level business ideas to the participants and the loan process with which they can earn to stabilize their economic status.
The EDP training was given by Mrs. T. Kavitha, District Trainer, Tamil Nadu State Rural Livelihood Initiative. In her address, she suggested the benefits of this project which aimed at uplifting the socio-economic status of rural communities. The project's core objectives focus on poverty alleviation, sustainable livelihoods, and empowerment of the marginalized, including women, youth, and the differently-abled. She also added, the income-generating activities for rural households through training, capacity building, and financial assistance. The main focus is on various skills related to agriculture, livestock rearing, and non-farm activities. In this project, special attention is given to women, the differently-abled and transgenders. Gender equity, social inclusion, and environmental sustainability are prioritized in project implementation. She also explained the skill training program for youth to improve employability and encourages entrepreneurial ventures through access to credit and mentorship.
The project aims to improve the living standards of over 1.8 million rural households by enhancing their access to markets, employment opportunities, and government schemes. It aligns with the Tamil Nadu government’s larger goal of achieving sustainable rural development. The speaker explained the process of Nano Enterprise Financing Fund which aimed at supporting small and nano enterprises, particularly in rural and semi-urban areas. This fund seeks to provide accessible, low-cost financial resources to budding entrepreneurs. The fund focuses on helping micro and nano entrepreneurs establish or expand their businesses. Women entrepreneurs, rural artisans, and self-employed individuals are key beneficiaries of this fund. The Nano Enterprise Financing Fund reduces this dependency by offering structured financial products with affordable interest rates and flexible repayment terms. The loan process, the repayment schedule, training and support and mentoring for the nano entrepreneurs is clearly explained by the speaker. Speaker’s target sectors are Small-scale agricultural ventures, Handicrafts and local artisans, Street vendors and small retail businesses, Service-oriented nano enterprises, such as tailoring, food processing, etc. The speaker also gave awareness to the participants in the area of digital marketing which is an important aspect in promoting their business. Both the Vaazhndhu Kaattuvom Project and the Nano Enterprise Financing Fund play a crucial role in empowering rural communities and promoting financial inclusion in Tamil Nadu. While the former addresses broader socio-economic development, the latter focuses specifically on fostering entrepreneurship and supporting small enterprises. Together, they contribute to the sustainable and inclusive growth of the rural economy.
On 25.09.2024, a session on "Ideation Techniques for Solving Entrepreneurial Problems" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mrs. M. Thanalakshmi, Assistant Professor, Department of MBA, Francis Xavier Engineering College, Tirunelveli, from 11.00 AM to 12.30 PM. A total of 55 Students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address and the introduction of the guest speaker. In the fast-paced world of entrepreneurship, the ability to generate innovative ideas is crucial for overcoming challenges and seizing opportunities. The speaker emphasized the significance of effective ideation techniques as a means to tackle entrepreneurial problems. She said the ideation is the process of generating and developing new ideas. She said that this process is not merely about brainstorming but involves structured methodologies that can lead to actionable solutions. She gave some Key Ideation Techniques such as: Brainstorming Sessions, Mind Mapping, Design Thinking and Reverse Thinking.
In the conclusion, the speaker highlighted the ideation techniques which offers entrepreneurs the valuable tools for addressing challenges in their ventures. By employing structured methods like brainstorming, mind mapping, and design thinking, the entrepreneurs can unlock their creativity and develop effective solutions. Ultimately, the ability to ideate effectively not only enhances problem-solving skills but also paves the way for sustainable growth and innovation in the entrepreneurial journey.
On September 25, 2024 a session on “Cultivating Campus Startups: The Role of Institutional Support in Student Entrepreneurship” was organized by the Entrepreneurship Development Cell and the Institution’s Innovation Council in association with the Department of Mechanical Engineering, from 12:30 PM to 4:30 PM. The session was conducted by Mr. S.David Blessley, Assistant Professor, Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. 41 students and 1 faculty participated in the program, which was coordinated by Dr. K. Vinukumar, AP/MECH. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The resource persons discussed the vital role of institutional support in fostering student entrepreneurship. It emphasizes the importance of mentorship and guidance, access to resources like funding and office space, and networking opportunities to connect students with investors and peers. Additionally, integrating entrepreneurship into the curriculum and establishing incubators and accelerators can significantly enhance support for startups. Best practices include creating an entrepreneurial culture, tailoring programs to meet diverse student needs, engaging alumni and community partners for mentorship, providing financial support such as grants, and encouraging cross-disciplinary collaboration to drive innovation. Ultimately, effective institutional support empowers students to transform their ideas into successful ventures, contributing to economic growth and innovation on campus.
Students found this session extremely valuable and encouraging, providing positive feedback about how it motivated them to pursue their goals with renewed enthusiasm. The session concluded with a Q&A segment, where clear and helpful answers were provided to address participants' questions.
On the 24th September 2024, the Entrepreneurship Development Cell (EDC) and the Institution’s Innovation Council (IIC), in association with the Department of Civil Engineering at Francis Xavier Engineering College, Tirunelveli, organised a session titled “Expert Talk on Entrepreneurship and Innovation: Cornerstones for Success.” Dr. G. Ginni, Assistant Professor, Department of Civil Engineering, Francis Xavier Engineering College was the resource person. A total of 41 Civil Engineering students and 1 faculty member attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of Civil Engineering, FXEC.
The resource person gave an introduction to entrepreneurship, highlighting innovation as a key component. She then elaborated on how to develop innovative ideas and transform them into viable business ventures. She highlighted that many business establishments face challenges in in their entrepreneurial journey because of the proper planning. She added that successful innovation requires a combination of creativity, strategic thinking, experimentation, and a willingness to take risks. Regarding business models, she described innovation as the process of creating new or improved products, services, or processes that meet the evolving needs and expectations of customers. Through generating and implementing new ideas, technologies, or approaches, businesses can deliver added value to both the company and to its stakeholder.
She emphasized that successful business model innovation requires a willingness to experiment, take risks, and iterate on ideas until the optimal solution is found. A deep understanding of markets and how businesses operate is also crucial for success. The session was an interactive one where students actively engaged raising questions about the various innovative business models and their implementations in the real life situation.
On 24.09.2024 a session on "MOTIVATION SESSION BY SUCCESSFUL STARTUP FOUNDER" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mr.Harries Pandi, Final year Student, Department of CSBS, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 54 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and introduced the guest speaker Mr.Harries Pandi, Final year student startup founder, Department of Computer Science and Business Systems, Francis Xavier Engineering College, Vannarpettai. The guest speaker started the speech by explaining about his startup Heyareweare Technologies Private Ltd .He explained the successful journey of his company. He developed the filter using AR and VR techniques which is used for the cinema movie (G.O.A.T) and achieved great success in that project. He explained about the success journey to the students and encourage them to start the startup. Students were motivated by the resource person.
The student interaction with the resource person was very much useful. Students raised lot of questions to the resource person and gained more information about the startup. The success stories shared by the resource person helped the participants to gather more information about the startups.
On 24.09.2024 a Talk on "Entrepreneurship: A gate way to Economic Prosperity" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by Mr. N.V Selvam, Assistant Professor, Department of Electrical and Electronics Engineering, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 41 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and the introduction of the guest speaker by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College. The resource person, explained the importance of specific qualities required for aspiring entrepreneurs, such as problem-solving, decision-making, risk-taking, and the relevance of creativity and innovation. He encouraged students to gain a comprehensive understanding of the entrepreneurial mindset and the essential qualities and traits needed for success in the business world. He talked about business planning and strategy, emphasizing the importance of a clear business model, a comprehensive marketing plan outlining strategy, and detailed financial projections providing insights into revenue. He also highlighted the need for an operational plan to outline the day-to-day operations of the business. He encouraged students to build a successful startup and provided very informative insights into the right approach for setting up any startup. He emphasized the importance of having faith in oneself and in one's goals, as clear goals help achieve dreams.
The session greatly benefited to all the young innovators planning their startups and businesses, boosting their motivation to the next level. The participants asked various questions during the session, further enhancing their understanding and motivation.
On 24.09.2024, a session on " Navigating the Entrepreneurial Landscape: Lessons from the Successful Startup Founder" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mr. Jey Sidharth, Student Startup Founder/ CEO of HELEYON Technologies, from 11.00 AM to 12.30 PM. A total of 54 students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address and introduced the guest speaker. In the rapid technological advancements and shifting market dynamics, the journey of entrepreneurship. However, insights from successful founders can illuminate the path forward. The guest speaker being the successful startup founder stands as a prime example. His experiences offered valuable lessons for the aspiring entrepreneurs. One of the core tenets of the guest speaker was the importance of adaptability. In the tech industry, change is inevitable and emphasized that being open to pivoting can be a game-changer. Founders should not cling rigidly to their initial ideas but instead remain flexible and responsive to market feedback. This adaptability not only helps in refining products but also in identifying new opportunities.
The speaker attributes much of HELEYON Technologies' success to his dedicated team. He believes that surrounding oneself with diverse talent fosters innovation and resilience. Effective leadership involves not just hiring skilled individuals but also creating an inclusive environment where every team member feels valued. Encouraging collaboration can lead to breakthroughs that might not occur in isolation. In a rapidly changing technological landscape, continuous innovation is key. By applying these insights, new founders can not only survive but thrive in an ever-evolving business environment.
On 23rd Sep. 2024, the Entrepreneurship Development Cell (EDC) and the Institution’s Innovation Council (IIC), in association with the Department of Civil Engineering at Francis Xavier Engineering College, Tirunelveli, conducted a program “Awareness of Entrepreneurship: A Career Choice”. 246 first year students from various departments participated in the program. The resource person for the event was Mrs. P. Raja Priya, Assistant Professor, Department of Civil Engineering, Francis Xavier Engineering College, Tirunelveli. The session was coordinated by Dr. G. Ginni, Assistant Professor in the Department of Civil Engineering at FX Engineering College.
The resource person introduced the concept of entrepreneurship by defining the terms entrepreneur and entrepreneurship in a clear and accessible manner, ensuring that the students understood the critical role entrepreneurship plays in today’s economy and career landscape. She emphasized the importance of considering entrepreneurship as a viable career path, particularly for students in the initial stages of their academic journey. The resource person explained that making informed career decisions early on is vital in shaping one’s professional future, and entrepreneurship offers a dynamic and empowering option for those who aspire to create, innovate, and lead. She highlighted the multiple roles an entrepreneur plays in driving economic growth, innovation, and employment creation.
She clarified that while invention refers to the creation of new ideas, products, or processes, innovation is the process of transforming these inventions into commercially viable products or services. She explained that entrepreneurship as the vehicle that brings the innovations to the market, making them accessible and beneficial to society at large. Further she focused on how the college is actively contributing to the development of an innovation-driven culture among its students. She discussed the various initiatives the college has implemented to nurture creativity and entrepreneurial thinking. She also elaborated on the opportunities provided by the platforms such as Yukti and the Smart India Hackathons, which offer students the chance to showcase their innovative solutions to real-world problems. These platforms not only help students develop their technical and creative skills but also open doors to potential business opportunities and collaborations.
The event was inspirational, equipping students with the knowledge and motivation to consider entrepreneurship as a viable and rewarding career choice.
On 23.9.2024 a seminar on “Think Out of Box to Become an Innovative Entrepreneur” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by, Mr. Jey Siddharth, Founder & CEO of HELEYON Technologies, Final Year-Department of Computer Science and Engineering, Francis Xavier Engineering College, Tirunelveli from 1.30 PM to 4.00 PM. 58 students and 2 faculties participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by M.Mariammal, AP/CSE, Francis Xavier Engineering College. The lecture began with a focus on innovation as the cornerstone of entrepreneurship. The speaker emphasized that innovation isn't just about inventing new products or services, but about creatively solving problems, identifying opportunities and improving existing processes. The speaker said that in order to stay ahead, entrepreneurs must adopt a mindset of thinking beyond conventional norms—challenging existing solutions and questioning the status quo. This type of thinking, known as "out-of-the-box" thinking, is essential for identifying new opportunities and creating disruptive innovations.
One of the key takeaways was the importance of embracing failure and learning from mistakes. The speaker illustrated this by sharing personal experiences where failures turned into valuable lessons, leading to breakthroughs in business ventures. The speaker also highlighted the role of creativity and critical thinking in the entrepreneurial process. Through case studies and real-world examples, the guest speaker showed how successful entrepreneurs have solved complex problems by looking at them from unique perspectives. Whether it’s developing new products, finding novel ways to reach customers, or reimagining traditional business models, thinking creatively allows entrepreneurs to uncover opportunities others might overlook.
On 19.9.2024 a session was organized on the title “Entrepreneurship: A Natural Choice for the Engineers” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. Lourdes Poobala Rayen, IIC President, Francis Xavier Engineering College. 230 students and 2 faculty participated in the program. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The guest speaker began the session by explaining why engineers are inherently well-suited for entrepreneurship. He emphasized that engineers are trained to approach problems methodically, which aligns with the entrepreneurial mindset of identifying problems and developing solutions. Their ability to innovate, coupled with a strong foundation in technology, makes them ideal candidates for launching startups, especially in industries driven by rapid technological advancements. He said how the engineering discipline equips individuals with the skills to build scalable and impactful solutions. The guest speaker highlighted the importance of leveraging technology in entrepreneurship, particularly in the current climate where digital transformation is reshaping industries. He stressed the need for engineers to think beyond traditional career paths and instead focus on how their technical skills could create value in new and emerging markets.
He highlighted key factors that contribute to entrepreneurial success, they are
Identifying market needs: Engineers need to develop an understanding of customer pain points and create solutions that address real-world problems.
Product development and scalability: He emphasized the importance of designing products that are scalable and adaptable to changing market demands.
Business acumen: While technical skills are critical, speaker urged engineers to acquire basic business knowledge, such as financial management, marketing, and strategic planning, to effectively lead a startup.
As the concluding remark, speaker encouraged the students to explore entrepreneurship as a viable and rewarding career path. He said that startups offer engineers the opportunity to not only apply their technical knowledge but also to create something meaningful and impactful for society. He also said that the entrepreneurial ecosystem today is more supportive than ever, with access to incubators, accelerators, and funding opportunities that help engineers turn their ideas into reality.
On 18.9.2024 a session on " Innovation : A Key for Entrepreneurship success” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. This session was handled by Mrs.R.Gomathi Selvi AP/AI&DS, Francis Xavier Engineering College. Fifty students from second year AI&DS and one faculty of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of guest speaker by Mrs.P.Sooriabrabha. During this session the guest speaker explained the concept of innovation and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that the creativity and innovation are the key element of entrepreneurial success because it allows to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need.
The focus on creativity and innovation helps to stand out from the competition and meet customer demands more effectively. It can be as simple as finding a better way to deliver a service or designing a product that solves a common problem. Entrepreneurs who embrace innovation are better positioned to differentiate themselves from competitors, solve complex problems, and adapt to changing environments. By focusing on innovation, engineering students can transform their technical expertise into scalable startups, securing funding, attracting customers, and contributing to technological advancements that meet societal needs. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 18.09.2024 a session on "MOTIVATION SESSION BY SUCCESSFUL INNOVATORS" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mr.D.S BARVIN , Final year Student Entrepreneur , Department of CSBS, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 54 students and 1 faculty participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and introduced the guest speaker by Mrs.Freeda Jebamalar.S, AP/CSBS Francis Xavier Engineering College. The guest speaker started the speech by explaining about the innovative product developed for the tourist department. The product was featured a humanoid robot designed to guide tourists and enhance their exploration experience. The robot integrates advanced navigation and navigation and communication technologies. It provides real-time information about local attractions and cultural insights. This initiative aims to make tourism more engaging and accessible for the visitors. At last he encouraged the participants to incorporate ethical principles into their innovation model and ideas which is beneficial for the society.
The students left the session with a renewed sense of purpose, armed with valuable insights that will undoubtedly shape their entrepreneurial journey. The session served as a testament to the limitless possibilities that lie ahead for those who dare to dream and work tirelessly to turn those dreams into reality.
From 18.9.2024 to 20.9.2024 "Entrepreneurship Development Training Programme for TNULM (Tamil Nadu Urban Livelihood Mission) Beneficiaries" was organized by the Entrepreneurship Development and Innovation Institute, Chennai in association with Entrepreneurship Development Cell of Management Studies department and IIC, Francis Xavier Engineering College, through offline mode from 10.00 AM- 05.30 PM with 50 nano entrepreneurs.
The Entrepreneurship Development Programme for TNULM (Tamil Nadu Urban Livelihood Mission) beneficiaries commenced on 18th September 2024. The event started with a Welcome Address by Mr. R. Palavesam, District Coordinator, EDII-TN, Tenkasi. He introduced the objectives of the programme and emphasized the importance of entrepreneurship for social and economic development in urban areas.
Mr. J. Joseph Saleth Arockiasamy, Assistant Project Officer, TNULM, Tirunelveli, addressed the gathering. He provided an insightful overview of the TNULM Schemes and its activities, explaining how the mission aims to enhance urban livelihoods and support micro-entrepreneurship. Dr. Lourdes Poobala Rayen, IIC President and EDC Director of Francis Xavier Engineering College, Tirunelveli, delivered a Special Address on entrepreneurial activities within the Tirunelveli region. He highlighted the significance of fostering a culture of entrepreneurship and how the Tirunelveli region has made notable strides in this regard.
The day's core session was led by Dr. A.A. Mohammed Faizal, Trainer, EDII-TN. He explained the SWOT Analysis, exploring the importance of identifying strengths, weaknesses, opportunities, and threats in business planning. He also focused on Entrepreneurship Skills and Opportunities, helping participants understand the critical competencies needed for success. The session included interactive activities that engaged the participants and facilitated their learning.
The second day of the programme focused on critical business development topics. Dr. S. Mahaletchumi, Master Trainer, EDII-TN, led the day’s sessions, which were centered on Marketing and Digital Marketing strategies, essential tools for reaching wider audiences and growing businesses in the modern era. She also explained the Business Model Canvas, a strategic management tool that enables entrepreneurs to visualize their business in a structured and simplified way. The session included various activities that encouraged participants to apply the concepts learned to real-life business scenarios, ensuring they could effectively design and implement their own business models.
The final day of the programme featured Mr. J. Mohammed Nowsath Sheriff, Master Trainer, EDII- TN, who led an engaging session on Financial Management. He provided comprehensive insights into the management of business finances, the role of Government Supports and Schemes, and the importance of GST usage in promoting business growth. He also introduced participants to the concept of Generative AI Tools for Business Development, explaining how AI can help automate business processes and support innovation. He wrapped up the session with practical activities, enabling participants to explore how these tools can be integrated into their businesses
The event concluded with a Special Address by Mr. S. Elakkuvan, Project Director, TNSRLM/TNULM, Tirunelveli. He highlighted the essential role of Women Development in driving societal growth and urged participants to harness their entrepreneurial potential to contribute to community development.
The programme successfully concluded with a Vote of Thanks by Mr. M. Siva Baarathi, District Coordinator, EDII-TN, Tirunelveli. He thanked the trainers, participants, and the organizing team for their efforts. The programme received positive feedback from the participants, who expressed their gratitude for the valuable insights and hands-on experience provided.
On 13.9.2024 a workshop was organized on the title “Entrepreneurship and innovation as the career Opportunity” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College. 256 students and 2 faculties participated in the program. This event was coordinated by Mr Pradeep T Rajan, Assistant Professor, Department of ECE, Francis Xavier Engineering College.
The introduction of the resource person was delivered by Mrs. Shalla, Assistant Professor in the English Department. The guest speaker started the session and said entrepreneurship and innovation have become essential drivers of economic growth and societal progress. Entrepreneurs are individuals who take the risk of starting new businesses, with the aim of delivering solutions to existing market needs or creating new demand through innovative products and services. Innovation, on the other hand, plays a key role in creating value by transforming creative ideas into practical applications, helping entrepreneurs differentiate themselves in competitive markets. With the rapidly changing technological landscape, fostering innovation has become a necessity for the success of entrepreneurial ventures.
The resource person highlighted three case studies in Entrepreneurship and Innovation and highlighted real-world impact of entrepreneurship and innovation. OYO Rooms: Founded by a young entrepreneur, Ritesh Agarwal, OYO Rooms disrupted the traditional hotel industry by introducing a technology-driven platform that provides standardized, affordable accommodations. Starting with a single hotel in Gurugram, the company quickly expanded globally, showcasing the power of innovation and the importance of solving existing market problems with creative solutions.
Elon Musk and Tesla: Tesla's success story was another key case study presented. Elon Musk's innovation-driven approach transformed Tesla into a global leader in electric vehicles. Musk’s entrepreneurial vision of making sustainable energy accessible is a perfect example of how innovation, when applied with long-term thinking, can revolutionize entire industry. Swiggy: India-based Swiggy is another example of successful entrepreneurship. The founders leveraged technological innovations to create a platform for food delivery that catered to the growing demand for convenience in urban areas. Starting in a few cities, Swiggy grew into a nationwide service by continuously improving its operations and customer engagement using cutting-edge technologies and innovative business models. Through discussions on real-life case studies and interactive sessions by the resource person students were inspired to consider entrepreneurship and innovation as exciting and rewarding career paths. The event served as a platform to foster entrepreneurial thinking among students, preparing them for the challenges and opportunities in the dynamic job market.
On 13.09.2024, a seminar on “Entrepreneurial Avenues for the Budding Technocrats” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA from 9.30 AM to 11.30 AM. 40 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and she introduced the guest speaker. In her address she explained the need for acquiring skills and motivated the students to learn new skills and upgrade themselves with which they can make money. The main objective of the session is to make the students to equip themselves with the knowledge and skills that are needed to develop a profitable venture. The resource person gave a lot of real-world examples for income-generating skills to the students.
Speakers suggested the different ways of earning money using the skills learned during the study. The speaker also discussed recognizing and identifying individual skills as a foundation for business ventures. The software that are needed for mobile application development like Flutter, and Android was also suggested to the students as income-generating areas. The speaker suggested courses like Blender and Maya for game development. Students who are interested in adventurous game development can make use of the course and can earn more.
The session included ideas like freelancing, online courses, consulting services, and product development. The speaker shared case studies of successful entrepreneurs who have effectively monetized their skills. The speaker demonstrated how to create an online presence, utilize social media, and engage with potential customers. The speaker also suggested how to incorporate AI in the applications they develop so that they can earn money. The Block chain technology was presented in a detail manner. The job opportunities in the field of Block Chain technology were explained to the students. Fintech companies that make use of block chain technology were also suggested to the participants. Participants were encouraged to connect with others, share ideas, and seek partnerships that could enhance their ventures. For more realistic and adventures game development and animation movie making, the unreal engine was suggested. The amount of income that is generated using different skills was also indicated. The speaker suggested the ways to earn money using AR and VR technology. The stories of young entrepreneurs who are experts in the field of AR & VR were also presented. This motivated the students to utilize their skills properly and to generate income. The session covered the basics of creating a business plan, including market analysis, financial planning, and marketing strategies. The speaker highlighted the importance of setting clear goals and developing a structured approach to business development. This session explained how social media can be used to promote their skills and develop business strategies
On 11.09.2024 session on "Orientation on Entrepreneurship: A Career Choice " was organized by the Entrepreneurship Development Cell of Management Studies department and IIC through offline mode. The session was handled by Dr.Lourdes Poobala Rayen Director EDC and IIC president Francis Xavier Engineering College from 09.30 PM- 12.30 PM on 11.09.2024. 50 students and one faculty participated.
The session started with the welcome address by Dr.V.M.Sangeetha, EDC coordinator of Management Studies, Francis Xavier Engineering College. In her speech, she highlighted the prominent role of EDC in association with IIC in enriching entrepreneurial skills to students’ community. The resource person started by highlighting the avenue and facilities available in the college for the student entrepreneurs. He also highlighted about the incubation centre, 6 startups, NIRF rating in innovation, 5-star rating of the college. He continued the session by posting the common question that the challenges in the employment. Students gave few answers such as loss of freedom, low salary package, lack of time freedom and so on. The requested the participants to identify the problems in the social domine and find a suitable solution to overcome the problems.
The resource person gave few social issues encountered by the society such as the tomato and Onion. He asked the students to find a viable solution which can be used as one of the opportunities for developing startups. Students presented few business opportunities related to Tomato and Aloe Vera in Tirunelveli District. He continued the session by highlighting government schemes like PMFME for promoting food processing unit which provide a loan assistance upto 1 Crore which provides subsidies for developing the business entities for the food processing units. He also explained another scheme namely, NEEDS (new entrepreneur cum enterprise development scheme) which provides a loan assistance upto 5 Crore and Credit Guarantee scheme.
The speaker requested the participants to think out of box to identify the opportunities for developing startups. He coined few phrases related entrepreneurship, “Start with what you have ”,“Do what you can”. The students interacted with the guest speaker and gathered lot of information.
On September 11, 2024 a session on “Creative Product Solutions Strategies for Entrepreneurial Innovation” program was organized by the Entrepreneurship Development Cell and the Institution’s Innovation Council in association with the Department of Mechanical Engineering from 9:30 AM to 12:30 PM. The session was conducted by Er. Dharshini M. from Infosmite Edutech LLP, Tirunelveli, and Mr. Sethuram Kumar S. from the 2nd year of the Department of Mechanical Engineering at Francis Xavier Engineering College, Tirunelveli. 52 students and 1 faculty participated in the program. Dr. K. Vinukumar, AP/MECH, coordinated the session.
The resource person discussed Infosmite Edutech LLP, which offers complete end-to-end guidance to help individuals reach their professional goals. She said the startup concern provides expert mentorship sessions at flexible times and offers real-time exposure to assist in achieving career success. They delivered an inspiring and motivational talk covering topics such as career guidance, motivation and entrepreneurship development. The program aimed to enhance creative problem-solving skills, provide insights into effective entrepreneurial strategies, and foster awareness of technology's role in product development. Participants gained knowledge about practical skills to improve their creative thinking, and gain confidence in presenting ideas. They will also have networking opportunities with industry professionals, leaving inspired and motivated to pursue their entrepreneurial goals.
Students found this session extremely valuable and encouraging, providing positive feedback about how it motivated them to pursue their goals with renewed enthusiasm. The session concluded with a Q&A session, where clear and helpful answers were provided to address participants' questions.
On 31.8.2024 a guest talk on " Building a Resilient Business: Overcoming Challenges and Embracing Change" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by C. Vethakkan Rajkumar M. E., Proprietor, Priyan Electrical and Plumbing from 01.30 PM – 4.30 PM. 40 students and 1 faculty participated in the program. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director. The program started with the welcome address by Dr. A. Ravi, HoD, Electrical and Electronics Engineering, Francis Xavier Engineering College. The external resource person, began with an explanation of importance of resilience in business. He explained the significance of understanding the changing business landscape and explored how to identify potential challenges and risks. He discussed developing a proactive mindset, emphasizing the need to cultivate a forward-thinking mentality and continuously scan the horizon for potential disruptions and opportunities to stay ahead of the curve.
He also highlighted the importance of fostering a culture of adaptability, which includes embracing change, empowering employees, implementing flexible processes, and promoting continuous learning. Additionally, he talked about implementing effective crisis management strategies, such as assessing risks, developing a plan, and training and preparing employees. Furthermore, he explained the role of leveraging technology to build resilience, diversifying revenue streams, and optimizing operations. He also emphasized the importance of cultivating strong relationships with stakeholders, embracing change, and building a resilient future.
On 30th August 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized “Expert Talk on Converting Civil Engineering Innovations into Startup”. The resource person for the program was Mr.S.Vivek, Assistant Professor, Department of Civil Engineering, Francis Xavier Engineering College, Tirunelveli.
41 civil engineering students and 1 staff attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of civil engineering, FXEC. The resource person explained the Civil Engineering Innovations focusing on cutting-edge technologies like U-boot technology, prefabrication structures, and self-healing concrete. He began by defining the key concepts crucial to understanding these innovations and their potential to transform the industry. His explanation laid a strong foundation for grasping the significance and practical applications of these technologies in modern civil engineering.
He also highlighted the strategies of converting Civil Engineering Innovation into a viable startup. His discussion also covered the intricacies of turning innovative ideas into tangible business opportunities, offering a roadmap for aspiring entrepreneurs in the civil engineering sector. He cited number of examples for the conversion of innovative ideas into startups. Lastly, the resource person provided valuable insights into conducting a market study and securing investment. He explained the different avenues available, such as angel investment, banking, and how these can be leveraged to finance a startup. His comprehensive approach not only highlighted the challenges but also provided practical solutions for overcoming financial barriers, empowering participants to take their innovative ideas to the next level. The students asked many questions and it was answered by the resource person. The participants gave the positive feedback on the session at the end of the session. The interaction helped the participants to gain more knowledge and insights regarding converting the innovations into startup.
On 24.08.2024, a seminar on “Orientation on Developing Technology Startups” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr. Gopal Samy, Head - Technical Team, Feather Softwares Nagercoil from 10.30 AM to 12.30 PM on 24.08.2024. 56 students and 2 faculties participated. This event was coordinated by Dr. M. Vijaya Maheswari, Assistant Professor, Department of MCA, Francis Xavier Engineering College. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by introduced the speaker. This orientation aimed at guiding aspiring entrepreneurs and startup enthusiasts through the essential steps involved in establishing and growing a technology startup. The speaker shared his ideas in launching the technology-based ventures. The speaker also provided various insights of comprehensive understanding about the startup ecosystem. The process of developing a technology startup right from ideation to scaling where presented by the speaker. He also suggested the common challenges and risks faced by the startups and strategies used by the entrepreneurs. He shared some inspiring stories of entrepreneurs in the technology sector. The orientation was categorized in different sections focusing on market analysis, competitor analysis, financial planning and building the product. The key aspect of the orientation included innovation of new or improved technological solutions, risk management, relying on angel investors. The speaker suggested ideas for identifying opportunities, trend analysis, building a strong team and developing the product. For developing technology startups, suggestions like ideation, design of the product, the development process of the product, the iteration process were also discussed. The major necessary technological background like Front- end development, Back-End development, design of database ideas were also given by the speaker. He gave ideas like, how to scale the business in the area of market expansion, and product diversification. The challenges in scaling the business were also discussed in detail during the session. In terms of funding and financial management he added points in the area of bootstrapping, venture capital, budgeting and revenue model.
In his concluding remarks, he suggested, developing a technology startup involves navigating complex challenges and opportunities. By understanding market needs, building a strong team, developing a viable product, and executing effective strategies, developers can enhance the chances of success. He advised the students to be stay agile, be prepared to adapt, and continuously seek feedback to refine your approach.
To commemorate the World Entrepreneurs Day on 21.08.2024, a session on "Entrepreneurship in the Digital World: Tactics for Sustainable Online Income" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Dr. A. Jainul Fathima, Head of the Department, Department of AI&ML, Francis Xavier Engineering College, Tirunelveli, from 2.00 PM to 4.00 PM. 58 Students and two faculties participated in the program. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address by Mr. F. Richard Singh Samuel. In the ever-evolving startup ecosystem, access to funding and mentorship is vital for transforming innovative ideas into successful businesses. Dr. A. Jainul Fathima, a digital marketing expert, discussed the role of entrepreneurship and developing income with the resources we have. The resource person highlighted how individuals can leverage digital platforms to build sustainable sources of income. The rapid growth of digital economy and how it presents new opportunities for aspiring entrepreneurs. She also underlined the importance of understanding digital tools, trends, and market demands to create a successful online business.
The guest speaker delves into various tactics for achieving sustainable income, such as developing a strong online presence, using social media for marketing, creating valuable content, and leveraging e-commerce platforms. She also highlighted the significance of adapting the technological advancements. She gave examples of successful online entrepreneurs to illustrate practical applications of these tactics. In the conclusion, resource person reiterates the potential of the digital world for entrepreneurs and encourages readers to take advantage of the opportunities it offers. She emphasizes that success in the digital economy requires innovation, resilience, and a commitment to learning and growth. This session underscored the importance of leveraging the resources and expertise available through incubators and accelerators, providing students with actionable insights to advance their entrepreneurial ventures.
On 20th August, 2024 a session on “Your Ideas, Your Rights: A Student's Path to Patenting” was organized by Entrepreneurship Development Cell & Institution’s Innovation Council in association with the Department of Mechanical Engineering at 9:30 am to 12.30 pm. The session was handled by Dr.J.Sangilimuthukumar, AP/Mech, Department of Mechanical, Francis Xavier Engineering College, Tirunelveli. 45 students and one faculty participated in the program. This event was coordinated by Dr. K. Vinukumar AP/MECH.
After the welcome address and guest speaker introduction the resource person explained the concept of intellectual property rights and the need for creating awareness among the engineering students. Then he highlighted the different types of intellectual properties. He said there are three main types of patents: Utility Patents, Design Patents, and Plant Patents. Patents provide protection for new inventions by granting inventors exclusive rights to their creations. The deliberation covered a detailed explanation of assessing patentability, documenting the invention, and the application process. To qualify for a patent, an invention must meet the criteria of novelty and utility. The session concluded with a Q&A segment, where the participants raised their questions and clarified their doubts regarding IPR and the procedures for patent filling.
On 20.08.2024 a session on "Earn through AI tools while learn” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mrs.S.Mohanap Priya AP/AI&DS, Francis Xavier Engineering College. Fifty six students from second year AI&DS-B and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of the guest speaker by the EDC Coordinator. The guest speaker discussed the AI tools and how it can be used to earn income and develop entrepreneurship. She said AI tools offer diverse opportunities for earning, enabling individuals to capitalize on automation, data analysis, and content creation. Freelancers and entrepreneurs can use AI-powered platforms like ChatGPT for generating written content, while marketers can leverage tools like Mailchimp for automating email campaigns, increasing engagement and sales. Data scientists and analysts can employ AI algorithms to optimize stock market investments or create predictive models for businesses. Additionally, gig platforms such as Amazon Mechanical Turk allow users to earn by performing AI-assisted tasks like data labelling and transcription. These tools not only streamline workflows but also enhance productivity, allowing users to focus on more strategic aspects of their work, thereby maximizing earning potential. Through this program, participants showed interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 20.08.2024 a session on "Earn through AI tools while learn” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mrs.S.Mohanap Priya AP/AI&DS, Francis Xavier Engineering College. Fifty six students from second year AI&DS-B and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of the guest speaker by the EDC Coordinator. The guest speaker discussed the AI tools and how it can be used to earn income and develop entrepreneurship. She said AI tools offer diverse opportunities for earning, enabling individuals to capitalize on automation, data analysis, and content creation. Freelancers and entrepreneurs can use AI-powered platforms like ChatGPT for generating written content, while marketers can leverage tools like Mailchimp for automating email campaigns, increasing engagement and sales. Data scientists and analysts can employ AI algorithms to optimize stock market investments or create predictive models for businesses. Additionally, gig platforms such as Amazon Mechanical Turk allow users to earn by performing AI-assisted tasks like data labelling and transcription. These tools not only streamline workflows but also enhance productivity, allowing users to focus on more strategic aspects of their work, thereby maximizing earning potential. Through this program, participants showed interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 19.8.2024 a “Session on VC Funding Opportunity for Early-Stage Entrepreneurs” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by Mr.P.Selvakumar, Department of Management Studies, Francis Xavier Engineering College, Tirunelveli from 1.30 PM to 4.00 PM. 60 students and 2 faculties participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address and introducing the guest speaker by M.Mariammal, AP/CSE, Francis Xavier Engineering College. The guest speaker explained the concept of venture capital (VC) funding opportunities for early-stage entrepreneurs which provides invaluable insights into the critical aspects of securing financial backing in the startup ecosystem. The speaker outlined the fundamentals of VC funding, emphasizing its role in scaling innovative ideas into successful businesses. The lecture covered key topics such as the stages of funding, from seed to Series A, and the expectations and requirements at each stage. The speaker also highlighted the importance of a solid business plan, market validation, and a scalable business model in attracting VC fuding.
The session concluded with a Q&A segment, where attendees could seek personalized advice, making it a highly interactive and beneficial experience for aspiring entrepreneurs looking to navigate the complexities of venture capital funding.
On 19.08.2024 a Talk on "Converting Engineering Skills into Startup Ventures " was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by Mrs. M. Mary Sumitha, Assistant Professor, Department of Electrical and Electronics Engineering, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 56 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
Resource person M. Mary Sumitha, explained the need for entrepreneurship, innovation, key characteristics of successful entrepreneurs, global entrepreneurship trends, challenges faced by entrepreneurs, qualities of an entrepreneurial mindset, and insights into the future of entrepreneurship. During the session, she gave an informative insight regarding the need to develop a motor rewinding startup. She stressed upon the need to develop the appropriate skills which should be inculcated in any individual to become entrepreneurs. She also recalled the construction of motors, types of motor, why do motor fail. She also explained the step-by-step procedure for electrical rewinding. Her session served as a motivation and encouragement for young minds who are aiming to become entrepreneurs. The session was of great benefit for all the engineers who are planning for their startup business. The session boosted their motivation to the next level. The participants asked few questions during the session which were clarified using appropriate examples.
On 19.08.2024, a session on "Discussion on Income Generating Ventures using Information Technology Applications" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mr. Sethuram kumar, Assistant Professor, Department of IT, Francis Xavier Engineering College, Tirunelveli, from 2.00 PM to 4.00 PM. 56 Students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address by Mr. F. Richard Singh Samuel. In the ever-evolving digital landscape, Information Technology (IT) has become a cornerstone for innovation, offering endless opportunities for income generation. This session delves into how individuals can harness IT applications to create sustainable income streams, whether as a primary career path or a side hustle. Guest speaker, being a student entrepreneur himself, discussed the crucial role of generating revenue through the resources we have.
Guest speaker discussed the growing opportunities in freelancing, especially for IT professionals. He shared insights on how platforms like Upwork and Fiverr have enabled millions to offer their services globally. He also talked about the essential skills in demand and how to build a compelling portfolio to attract clients. The session delved into how anyone can set up an online store with minimal investment using platforms like Shopify and Amazon. He provided tips on selecting profitable products and leveraging digital marketing to drive sales. Addressing the rise of digital content creation, He also explained how blogs, YouTube channels, and digital products can become lucrative ventures. He offered strategies for building an audience and monetizing content through affiliate marketing, sponsorships, and ad revenue. He concluded the session by encouraging participants to take advantage of the vast opportunities in IT. He stressed the importance of continuous learning and staying updated with technological advancements. His final words were an inspiring call to action, urging everyone to harness their IT skills to create sustainable and scalable income-generating ventures.
On 16th August 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized an “Expert Talk on Intellectual Property Rights in Construction Promoting Innovation and Creativity”. The resource person for the program was Dr.R.Prem Ananth, IIC Convenor, Assistant Professor, Department of ECE, Francis Xavier Engineering College, Tirunelveli. 43 civil engineering students and 2 staff members attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of civil engineering, FXEC.
During the session, the resource person provided a comprehensive overview of intellectual property (IP) and its pivotal role in the construction industry. He began the session by defining the key concepts related to IP, including patents, copyrights, trademarks, and trade secrets. He also explained how these IP rights serve as tools for protecting innovations, which are crucial in a competitive and rapidly evolving field like construction. The resource person highlighted several case studies where IP protection led to significant advancements and competitive advantages in the construction sector. He emphasized that patents can safeguard new construction methods and technologies, while copyrights protect architectural designs and engineering drawings. Trademarks, on the other hand, helps to establish and protect brand identity and reputation in the market.
Furthermore, he discussed the benefits of IP rights in fostering a culture of innovation. By securing IP, companies can confidently invest in research and development, knowing that their innovations are legally protected from infringement. This protection not only stimulates further creativity but also enhances the overall quality and safety of construction practices. The program concluded with a lively Q&A session where students actively engaged with him, raising questions about the practical applications of IP rights in their future careers.
On 16.08.2024-19.08.2024 a session on "Mentoring Event: Poster Presentation on Startups: Linkage with Innovation Ambassador" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mr.D.S.Barvin, Mr.Nadeeswararaja, Mr.Mariappan, Mr.Sabarigirinathan, Mr.Narendran, IV Year Department of Computer Science and Business Systems, Francis Xavier Engineering College, Vannarpettai , 45 students and 1 faculties participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs.Freeda Jebamalar.S, AP/CSBS Francis Xavier Engineering College. She introduced the presenters Mr. Nadeeswararaja, Mr.Mariappan, Mr.Sabarigirinathan, Mr.Narendran, IV Year Department of Computer Science and Business Systems, Francis Xavier Engineering College. The student entrepreneur Mr.D.S Barvin, started the speech by explaining about his new product called’ AI Tree Enumeration and Fire Prediction with QA Bot’. The Project was funded by the iCreate firm under a virtual funding process. The company provided the fund through the International Entrepreneur Development Council. The fund was provided in two stage: the first stage was given upfront, and the second stage will be provided upon project completion. The company will necessary handholding support for developing the Startup.
The next presenter Mr.Nandeeswararaja, started the speech by explaining about how Flipkart started, its founders, and major milestones. He explained the Flipkart’s e-commerce model, including its approach to online retail, marketplace, and logistics. He gave insights into Flipkart's position in the Indian e-commerce market. He also discussed the major competitors like Amazon India and how Flipkart differentiates itself from other eCommerce platform. He added that the key innovations like Flipkart’s use of AI for recommendation systems or its supply chain technology. He concluded finally about the impact of emerging technologies like AI, blockchain, or AR/VR on e-commerce.
The speaker Mr.Mariappan started the speech about what Ippo Pay is, its core services, and its role in the fintech industry. He added the company's mission and vision to provide context on its strategic goals and values. He discussed the Ippo Pay’s position in the fintech industry and its competitive landscape. He highlighted the unique features or innovations that differentiate Ippo Pay from competitors. Atlast, he concluded his speech by Providing guidance on career opportunities within Ippo Pay, including potential career paths and growth areas.
The speaker Mr.Narendran started the speech about providing a brief history of Amazon, including its founding by Jeff Bezos, initial focus on books, and its expansion into various sectors. He explained the Amazon's primary business segments, such as e-commerce, AWS (Amazon Web Services), Amazon Prime, and its ventures into hardware and digital services. He discussed about the structure of Amazon’s marketplace, where third-party sellers can list their products alongside Amazon’s own inventory and the technologies Amazon uses, including its cloud infrastructure, data analytics, and AI. He concluded his speech by highlighting growth areas within Amazon, such as emerging markets, new technologies, and evolving customer needs
The speaker Mr.Murugeshan, started the speech about providing a brief history of OYO including its founding by Ritesh Agarwal, its initial focus on budget hotels, and its growth trajectory. He explained about the OYO’s mission to create quality and affordable hospitality experiences and its vision for expanding globally. He highlighted the innovations like the OYO Rooms app, dynamic pricing algorithms, and automated property management solutions. Finally he concluded his speech by describing the OYO’s work environment, including its emphasis on innovation, customer-centricity, and rapid growth
The students left the session with a renewed sense of purpose, armed with valuable insights that will undoubtedly shape their entrepreneurial journey. This session served as a testament to the limitless possibilities that lie ahead for those who dare to dream and work tirelessly to turn those dreams into reality.
On 14.8.2024 an awareness on IPR was organized on the title “IPR Essentials: A Beginner's Guide to Intellectual Property Rights” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College. 41 students and 1 faculty participated in the program. This event was coordinated by Mr Pradeep T Rajan, Assistant Professor, Department of ECE, Francis Xavier Engineering College.
The guest speaker began the session by explaining the concepts of Intellectual Property Rights (IPR) as legal protections granted to creators and inventors, enabling them to safeguard their innovations. He emphasized that these rights allow the inventors to control the use, distribution, and commercialization of their intellectual property, thereby fostering an environment where innovation and creativity can thrive. He said IPR is broad in scope, encompassing a variety of intellectual properties, including inventions, literary and artistic works, symbols, names, images, and commercial designs. He highlighted the importance of IPR in encouraging individuals and companies to invest in research and development.
The speaker then elaborated the different types of IPR, using relevant examples to illustrate each. He explained that patents are exclusive rights granted for inventions, giving the patent holder the legal rights to prevent others from making, using, or selling the invention without permission. For instance, a pharmaceutical company that develops a new drug can apply for a patent to protect its formulation, ensuring that competitors cannot produce generic versions until the patent expires. Next, he discussed the trademarks, which protect brand names, logos, slogans, and other identifiers that distinguish one business's goods or services from another's. He said Trademarks can be a word, phrase, symbol, or design representing the brand's identity. He provided the example of the Nike "swoosh" logo, which is a trademark symbolizing the brand’s identity and is legally protected to prevent other companies from using a similar logo.
He also explained copyrights, which protect original works of authorship, including literary, musical, and artistic works such as books, music, films, and software. Copyrights grant the creator exclusive rights to reproduce, distribute, and display their work. For example, a novel written by an author is automatically protected by copyright, allowing the author to control how the book is published, distributed, and adapted into other formats like movies.
Furthermore, the speaker explained the trade secrets, which includes confidential business information that provides a competitive advantage, such as formulas, practices, processes, or designs. Unlike patents, trade secrets are not registered but are safeguarded through confidentiality agreements and other protective measures. He cited the famous example of the Coca-Cola recipe, a closely guarded trade secret that the company protects to prevent competitors from replicating the drink. He concluded the session by discussing real-world examples, such as Apple Inc., which is renowned for its extensive portfolio of patents. These patents cover everything from the design of Apple products to the underlying technology, allowing the company to maintain a competitive edge in the technology market and protect its innovations from being copied by competitors.
On 13.08.2024 a session on "Developing Innovative Prototypes using AI Tools” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Dr.D.Stalin David Associate Professor Department of AI&DS , Francis Xavier Engineering College. Forty eight students from second year AI&DS and 1 faculty of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 9.00AM – 12.30PM.
The program started with the introduction of the guest speaker by by the EDC Coordinator Mrs.P.Sooriabrabha. During this session the guest speaker discussed the development of innovative prototypes using AI tools has revolutionized the design and engineering processes, enabling rapid and efficient creation of cutting-edge solutions. By leveraging AI technologies such as machine learning algorithms, generative design, and simulation tools, engineers and designers can explore a vast range of possibilities, optimize performance, and reduce development time. AI-driven insights facilitate the identification of novel materials and design configurations, while predictive analytics help in anticipating potential issues before physical prototypes are built. This integration not only accelerates innovation but also enhances the precision and functionality of prototypes, leading to more effective and cost-efficient product development across various industries. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session. The participants interacted with the resource person and gathered lot of information about developing the innovative products which can be used for developing the startup.
On 13.08.2024, a seminar on “Converting Skills into Income Generating Ventures” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA from 2.00 PM to 3.30 PM on 13.08.2024. 56 students and 2 faculties participated. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D. Angeline Ranjithamani, HOD, Department of MCA, Francis Xavier Engineering College and introduced the guest speaker. In her address she explained the need for the skills. In her explanation, she also motivated the students to learn new skills and upgrade themselves with which they can make money. The main objective of the session is to make the students equip themselves with the knowledge and skills that are needed to develop a profitable venture. Various real-world examples of income-generating skills were presented to the students. Speaker suggested 10 different ways of earning money using the skills learned during the study. The speaker also discussed the individual skills as a foundation for business ventures. She also highlighted the significance of passion, consistency, and continuous learning in the journey of entrepreneurship. The software that are needed for mobile application development like Flutter, and Android was also suggested to the students as income-generating opportunities. The speaker suggested the other things like Blender and Maya for game development. Students who are interested in game development can make use of the same and can earn more. The session aimed to focus on how students think analytically and implement concepts using the skills that lead to develop new applications. The session included ideas like freelancing, online courses, consulting services, and product development. The speaker shared case studies of successful entrepreneurs who have effectively monetized their skills. The speaker demonstrated how to create an online presence, utilize social media, and engage with potential customers. The speaker also suggested how to incorporate AI in the applications they develop for which technologies like Olama, and Hugging face were suggested. Participants were encouraged to connect with others, share ideas, and seek partnerships that could enhance their ventures. For more realistic and adventures game development and animation movie making, the unreal engine was suggested. The amount of income that is generated using different skills was also indicated. This motivated the students to utilize their skills properly and to generate income. The session covered the basics of creating a business plan, including market analysis, financial planning, and marketing strategies. The speaker highlighted the importance of setting clear goals and developing a structured approach to business development. This session explained how social media can be used to promote their skills and develop business strategies.
On 10.08.2024 Discussion on “Developing a Startup” was organized by the Entrepreneurship Development Cell of Management Studies department and IIC through offline mode. The session was handled by Ms.Aji Sebasta, Founder of Aran Events and Alumni Batch 2022-2024 from 09.30 AM- 12.30 PM. 40 students and two faculties participated in the program.
The program started with the welcome address by Ms. Aarthi Subha second year MBA. She started the session by posting a question that how many students interested to become entrepreneurs. Few students raised and conveyed their area of interest in entrepreneurship. Then the resource person continued her session by conveying how she got into the idea of event management. She shared her experience and challenges she faced. The resource person listed out few points that an entrepreneur should follow in their journey. Guest speaker said that entrepreneur should have patience and guide the team properly, work as a team player for the success business. She shared marketing strategies of her event management and advised students regarding investment and asked student to have optimum short and long term investment plan. She gave useful insights in the program. By sharing real-world examples and practical advice, the program equipped the participants with the knowledge needed to effectively use the ecosystem. It was very much useful for everyone especially who wants to become an entrepreneur. The interaction between the guest speaker and the participants helped the participants to gather lot of information.
On 10th August, 2024 a discussion on “Empowering Student Startups through Innovative Automation” was organized by Entrepreneurship Development Cell & Institution’s Innovation Council in association with the Department of Mechanical Engineering at 9:30 am to 12.30 pm. The session was handled by Dr.K.Vinukumar, AP/Mech and Mr.K.Muthu Manikandan, Lab Technician Department of Mechanical, Francis Xavier Engineering College, Tirunelveli. 44 students and two faculties participated in the program. This event was coordinated by Dr. K. Vinukumar AP/MECH. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
Empowering student startups through innovative automation can create transformative opportunities for the budding engineers. By leveraging automation, student startups can streamline operations, reduce costs, and focus more on their core business. Applying AI for data analysis, predictive insights, and personalized customer experiences will help the students to involve in developing the innovative ideas into startup. The 4M method, which traditionally focuses on Man, Machine, Material, and Methods, gains a new dimension with technology. Empowering student startups through innovative automation involves harnessing new technologies to revolutionize industries; for example, integrating advanced automation in the food industry to streamline supply chains, or leveraging AI-driven innovations in the automobile sector to enhance manufacturing efficiency and vehicle performance. The session was interactive one and the participants gained knowledge in converting the innovative ideas into startups.
On 05.08.2024 Expert talk on "Entrepreneurial Journey and Service Marketing "was organized by the Entrepreneurship Development Cell of Management Studies department and IIC. The session was handled by Mr. Hari Haran Founder and CEO of Spacezee Technology from 09.30 AM- 12.30 PM. 40 students and one faculty participated in the program.
The program started with the welcome address by Ms. Sakthipriya second year MBA and then the Chief guest introduction was done by Ms. Sivasakthi second year MBA. The resource person started his session by highlighting the importance of marketing and his journey as an entrepreneur and shared his experience in the industry. He explained about the transformation of ideation into business. He explained about startup and challenges he faced during his journey of business. Then he continued the session by explaining marketing strategy of comparative mindset and how it works in the industry and he also gave a live example for the strategy. He explained how color psychology is used as a marketing strategy in the restaurants and fine diners and how it helps to attract the customers towards their business and the importance of color analysis plays a role in the ambience of the restaurants.
He continued the session by explaining the strategy of gorilla marketing by giving an example of stating how various brands like kit kat and red bull use this gorilla marketing. He further explained the strategy of how emotions works in marketing with an example of Nike strategy. He explained the emotional strategy in marketing in depth by explaining the FMCG products and how it works and address all the category of consumers.
After the tea break session, the resource person gave an activity to students by dividing them into groups and asked to design a startup with name and then motivate students to propose suitable marketing strategy for a particular brand and product. Students were excited and each team came out with interesting competitive analysis. Finally, the resource person concluded the session by appreciating students for their active involvement an interest towards the session. The program was ended with students’ feedback and Vote of thanks.
On 31.07.2024 Orientation on “From Vision to Venture: Unveiling the Blueprint for Success” was organized by the Entrepreneurship Development Cell of Management Studies department and IIC through offline mode. The session was handled by Mr. Gandhi Kannan, Student Entrepreneur, CEO and founder of Cinespace startup Department of Management Studies, Francis Xavier Engineering College, Vannarpettai from 09.30 PM- 12.30 PM on 31.7.24. 48 students and four faculty participated.
The program started with the welcome address by Dr.V.M.Sangeetha, Assistant Professor, Department of Management Studies, Francis Xavier Engineering College and she introduced the student Entrepreneur of Department of Management studies Mr.Gandhikannan, CEO and founder of Cinespace startup. The resource person started his session by telling how to develop a startup. He shared his startup journey from idea to startup. He confidently said that the demand for high-quality, original content is at an all-time high, providing a lucrative opportunity for Cinespace to establish itself as a key player in the market. He presented the vision and mission of his company. He presented his business model canvas and explained unique selling proposition of his concern.
He also presented his innovative business idea and motivated students to think innovatively to sustain in the competitive market. After the tea break he continued his company’s marketing, financial, operational and human resource plan. He made this session so interactive. Students posted questions and he clarified their queries. He detailed revenue projections for the first five years, highlighting expected growth and key milestones. Finally the session was concluded with vote of thanks.
On 30th July 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized “A session on Angel Investment for Early-Stage Entrepreneurs”. The resource person for the program was Mr. A. Sumil Kumaran, Assistant Professor, Department of Civil Engineering, Francis Xavier Engineering College, Tirunelveli. 42 Civil Engineering students attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of Civil Engineering, FXEC.
The resource person explained the main objectives of an Angel Investment for Early-Stage Entrepreneurs. He said Angel Investors are one of the easiest sources of finance for new entrepreneurs. Angels are unsung heroes of emerging company successes. There are individuals who stand on the sidelines coaching the entrepreneurial team, offering advice, support and finance to help the new firm survive the turbulent months and years that it takes to reach critical mass, profitability and sustainability. They are more focused on commitment and passion of the founders. They make prominent difference between starts ups success and failures.
He also explained that angel investors often gain early access to high-quality early-stage companies, offering a competitive edge in identifying promising opportunities. This privilege stems from the inherent risk in angel investments, making it an attractive avenue for those seeking higher returns compared to traditional options. Early investors often benefit from discounted rates, enhancing investment potential and opening doors for profitable deals. Finally, he explained about how the angel investment can be used for mobilising necessary funds especially during the early stage of entrepreneurship.
On 30.7.2024 a “Discussion about Start-up Ideas to Reality” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by Ms.Dharshini, Startup Founder of Infosmite, Francis Xavier Engineering College, Tirunelveli from 9.00 AM to 12.30 PM. 57 students and 2 faculties participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by M.Mariammal, AP/CSE, Francis Xavier Engineering College and she introduced the guest speaker. The speaker being a startup founder, explained the process of identifying a social problem and to develop a solution which can be converted into a startup. Identifying and understanding a real-world issue is crucial, as it forms the foundation for developing a viable solution. She highlighted the significance of conducting comprehensive market research to validate the idea and potential market for the product or service.
The speaker discussed the process of creating a business plan, stressing that it should include a well-defined value proposition, target market analysis, and a detailed financial model. This plan serves as a roadmap for the startup, guiding decision-making and helping to secure funding. She also covered various funding options, including bootstrapping, angel investors, and venture capital, explaining the pros and cons of each.
Finally, the speaker addressed the challenges startups face in scaling and adapting to market changes. They stressed the importance of staying agile and continuously innovating to maintain a competitive edge. The lecture concluded with a Q&A session, where students had the opportunity to ask questions and gain further insights into the realities of launching and growing a startup. Overall, the guest lecture provided a comprehensive overview of the startup process, from idea generation to execution, offering practical advice and inspiration to aspiring entrepreneurs.
On 30.07.2024 a Talk on " Funding Opportunities for Developing Startups by Engineering Students " was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The Session was handled by Mr. V Vignesh Arumugam , DPMU Lead / Senior Fellowship, Madhi Foundation /School Education Department from 9.30 AM – 12.30 PM. 66 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College. she started his welcome address by explaining the motto of IIC and the theme of IIC. She said entrepreneurship, startup, innovation and Intellectual Property rights were the themes of IIC. She also welcomes all the students and encouraged the students to listen and requested all the students to rise more doubts and make the sessions more interactive.
Resource person, by Mr. V Vignesh Arumugam explained the importance of specific qualities required for aspiring entrepreneurs such as problem solving, decision making, risk taking and the relevance of creativity and innovation. He also encouraged students with a comprehensive understanding of the entrepreneurial mindset and the essential qualities and traits needed for success in the business world. He also elaborated on various funding sources available for startups. She discussed bootstrapping, where entrepreneurs use their personal savings and business revenue to fund their ventures, and friends and family funding, which involves securing financial support from personal networks. Angel investors were highlighted as wealthy individuals who invest in early-stage startups in exchange for equity. He also addressed traditional bank loans, which come with interest repayment terms, and incubators and accelerators, which offer funding, mentorship, and resources in exchange for equity or participation fees. Moving on to preparing for funding, he emphasized the importance of developing a solid business plan, creating a compelling pitch deck, and understanding startup valuation. During the session, he gave a very informative insight to all attendees regarding the need to develop a right approach for setting up any startups. She guided that we need to have faith in ourselves and in our goals as the clear goals would help us to achieve our dreams. The session was of great benefit for all the young innovators who are planning for their startup and business. The session boosted their motivation to the next level. The participants asked various questions during the session.
On 30.07.2024 & 31.07.2024, a “Session on Evaluating Innovative Ideas” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of MCA. The session was handled by Mrs. D. Angeline Ranjthamani, HOD, Department of MCA from 09.00 AM – 4.00 PM on 30.07.2024 and between 9.00 AM – 12.30 PM on 31.07.2024. 56 students and 6 faculties participated. This event was coordinated by Dr M.Vijaya Maheswari, EDC Co-Ordinator, Department of MCA, Francis Xavier Engineering College.
The program started with the welcome address by Dr. M.Vijaya Maheswari, EDC Co-Ordinator, Department of MCA, briefly explained about the purpose of organizing the session. She motivated the students to come up with new ideas that can be converted to a product. She said the session will make the students to understand the tools and techniques that are needed for developing the innovative ideas into prototype or Minimum Viable Product (MVP). The entire session aimed to focus on how a student can think analytically and implement concepts that lead to the development of new applications or products.
The evaluation was carried out in terms of innovative ideas, idea generation, feasibility analysis, market value, and implementation techniques. The students were encouraged to collaborate with other disciplines which might improve the learning process. Students explained the project in terms of identification of the problem and the need for developing a solution to address the problem. The criteria used for the evaluation are novelty, uniqueness, feasibility, practical implementation, market value, and scalability feature.
All the students presented their innovative ideas with creativity. The evaluators raised number of questions during the presentation to check their level of understanding, knowledge in the field and the steps taken by the students to develop the same. It helped the students to understand the practical challenges of implementing their ideas. Students gained valuable insights into the innovation process and learned how to critically assess and refine their ideas. This session resulted in several significant outcomes, and the active engagement of the students. The discussions led to the development of more refined and unique ideas through collaborative learning. From this session, students improved their teamwork and communication skills by working in groups and presenting their ideas to their peers and evaluators. The session resulted in the enhanced creativity, critical thinking, practical understanding, interdisciplinary collaboration, and real-world application. The evaluators suggested their ideas to the students in terms of prototype development, collaboration with industry partnerships, displaying their innovations in competitions, and continuous support from the mentors for developing and refining their ideas.
On 30.07.2024 event on Celebrating JRD Tata: A Legacy of Entrepreneurial Leadership and Innovation was organized by the Entrepreneurship Development Cell of Management Studies department and IIC through offline mode from 3:00 pm to 4.30 pm. The session was Coordinated by Dr.V.M.Sangeetha, Assistant Professor, Department of Management Studies, Francis Xavier Engineering College, Vannarpettai The event was handled by Aarthi Subha M and Ponmahalakshmi ,students of II Year MBA.
The event started with the brief introduction of Jehangir Ratanji Dadabhoy prominent Indian industrialist and chairman of Tata Group, India's largest industrial conglomerate. Aarthi Subha M student of II MBA, highlighted his achievement as a business tycoon. Quiz competition was conducted and students of all departments were encouraged to participate in the event and prizes were distributed. The quiz contest was about JRD Tata and his entrepreneurial success journey.
The students were asked to pick a lot from the bowl and to answer for the question written in the lot about JRD Tata. Prizes were distributed for the correct answers. Many students voluntarily participated and won prizes in the event. Though it is a short period event, it will be a great time to know about JRD Tata and his success in the entrepreneurial journey.
On 29.07.2024 a session on "Sharing of Innovative Ideas” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS.The session was handled by the moderator Ms.R. Kavitha AP/AI&DS, Francis Xavier Engineering College. Fifty six students from second year AI&DS and faculties of AI&DS department participated in the program. The program was convened by Dr.A.Anitha HOD/AI&DS and coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of guest speaker Mrs. Dr.V.M.Sangeetha AP/MBA FXEC by Mrs.P.Sooriabrabha. During this session four students B.Adheje, D.Felix, M.Jerlin, and G.Sai Maharajan from II AIDS and III AIDS shared their innovative ideas. Those points collectively provide the innovative thinking and creativity of the students, as well as the potential for their ideas to make a positive impact. Each student presents a unique concept or innovation, ranging from technological advancements to creative solutions for societal challenges.. The innovations are characterized by their originality and potential to address existing problems or create new opportunities. Each student has identified a gap or need in a particular area and proposed a solution that is either novel or an improvement over existing approaches. The students have outlined the practical steps needed to bring their ideas to life. This includes technical requirements, necessary resources, potential partnerships, and an implementation timeline. Feasibility is assessed based on current technological and market conditions. The potential impact of each innovation is considered, including societal, economic, and environmental benefits. The students discuss who will benefit from their ideas and how these innovations could improve quality of life, efficiency, or sustainability Each student acknowledges possible challenges in developing and deploying their innovations. They also suggest future directions for research, development, and potential expansion of their ideas. This includes exploring new technologies, broader applications, or addressing ethical and regulatory considerations. Through this program, Participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 29.7.2024 a “Building Blocks of Success: Creating a Comprehensive Business Plan for your Startup” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Engineering. The session was handled by Dr.T.C.Subbulakshmi, Professor, Department of Information Technology, Francis Xavier Engineering College, Tirunelveli from 1.30 PM - 4.00 PM. 56 students and 2 faculties participated. This event was coordinated by M.Mariammal AP/CSE. This event was conducted with the guidance of Dr.Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by M.Mariammal, AP/CSE, Francis Xavier Engineering College and introduced the guest speaker. The guest speaker explained the concept of business plan and she said a business plan preparation is the formal composed expression of the entrepreneurial vision, explaining the strategy and operations of the proposed venture. A business plan is like a map for small business owners, showing them where to go and how to get there. Its main purposes are to help you avoid risks, keep everyone on the same page, plan finances, check if your business idea is good, make operations smoother, and adapt to changes.
The business plan templates include seven elements namely the executive summary, company description, products and services, market analysis, marketing strategy, financials, and budget. Additionally, it should state how much capital you need and how it will be used, along with listing short-term and long-term objectives. The Company Description should provide the business’s name, location, and structure, whether it’s a sole proprietorship, partnership, LLC, or corporation. Include a background on how and why the business was started and share the core purpose and values of your company through a mission statement. She said that Marketing and Sales Strategy should define your marketing objectives and strategies, describe your sales process and sales funnel, and explain your pricing model. Outline your plans for promotion and advertising to ensure you reach your target market effectively.
The participants interacted with the resource person and gathered lot of information related to the business plan.
On 29.07.2024 to Celebrate 4th Anniversary of National Education Policy (NEP) 2020 a session was organized on the title “National Education Policy: Impact on Innovation & Entrepreneurship in the Campus” by the Entrepreneurship Development Cell and IIC in association with the Electronics and Communication Engineering department. The session was handled by Dr. G. Rajakumar, Controller of Examinations, IIC Vice President, Professor/ECE, Francis Xavier Engineering College. 56 students and 2 faculties participated. This event was coordinated by Dr. R Prem Ananth, IIC Convener, IIC Innovation Ambassador for "Design thinking & Innovations", Assistant professor, Francis Xavier Engineering College.
The program commenced with a warm welcome from Dr. R. Prem Ananth, who emphasized the transformative impact of the National Education Policy (NEP) 2020, launched by the Government of India. He noted that on this 4th anniversary, it is crucial to reflect on the key changes and the significant impact of NEP. To delve deeper into this topic, Dr. R Prem Ananth introduced the guest speaker Dr. G. Rajakumar, Controller of Examinations, IIC Vice President, and Professor of ECE at FXEC.
The guest speaker began his address by proudly noting that our college has maintained the highest star status since 2018, a clear indication that innovation and entrepreneurship are flourishing in our campus. He attributed this success to NEP 2020. As the evidence of this, he cited the achievements of Ms. Dharshini from the final year of CSE, who received Rs. 2 lakhs from EDII TN for the development of smart wheel chair for the physically challenged people, and Mr. M. Praveen, also a final year CSE student, who received Rs. 1 lakh from the EDII TN through TNSI competition to develop the smart glass for the visually challenged people. The speaker highlighted these student accomplishments as a testament to the NEP 2020's goal of transforming India’s educational landscape by fostering a culture of innovation and entrepreneurship among both students and faculty.
He elaborated on how the NEP’s focus on multidisciplinary education has seamlessly integrated innovation and entrepreneurship into the curriculum. This shift has encouraged students to think creatively and apply their knowledge to solve real-world problems. He also pointed out that the establishment of EDC cells and incubation centers on campus is a direct outcome of NEP 2020. These centers provide students with essential resources, mentorship, and support to turn their ideas into viable ventures.
Furthermore, the speaker discussed the policy's emphasis on vocational education and skill development, which has led to a significant increase in student-led startups on campus. He proudly named the six startups currently operating within the campus, noting the surge in entrepreneurial activity as more students leverage the incubation facilities to launch their own businesses.
In conclusion, the speaker emphasized that this celebration not only highlights the achievements of the past four years but also sets the stage for future initiatives that will continue to drive innovation and entrepreneurship on our campus.
On 27.07.2024 an Expert Talk on “Enabling Innovation & Startup Ecosystem” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Applications. The session was handled by Mr. M. Siva Baarathi, District Co-ordinator, EDII-TN, Tirunelveli from 01:30 PM – 4.00 PM. 55 students and 2 faculties participated. This event was coordinated by Dr M.Vijaya Maheswari EDC Co-Ordinator, Department of Computer Applications, Francis Xavier Engineering College. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. D.Angeline Ranjithmani, HOD, Department of MCA. Dr M.Vijaya Maheswari EDC Co-Ordinator, introduced the chief guest. In her address she explained the need for the innovation and the startup by the youngsters. In her explanation, she also motivated the students to come up with new ideologies that can be converted to a product that can be of social benefits.
The guest speaker started his speech by providing an overview of entrepreneurship and building up a startup. He explained the process of building a startup right from scratch. He enquired the students, the reason and the need for becoming a entrepreneur. The students spoke out with different and interesting reasons. He suggested activities for students to design a water bottle for kids between the age of 1-5. Students came up different ideas which were quite interesting. The water bottles designed by the students were evaluated in terms of design, cost and useful to the kids. More than 10 different models of bottles were designed and presented by the students. The speaker insisted the need for the startup and he motivated the students to become a job provider rather than the becoming a job seeker. He highlighted the selection process of projects in Hackathon and encouraged the students to take part in such kind of competitions. He also explained the funding process for the innovative projects by the Government of Tamil Nadu. The speaker came out with different and unique ideas that kindled the minds of the students to think of innovations and startups. He also explained the process of how to incorporate technology to the innovative ideas so that it will be affordable to the people in the society. He suggested the techniques for designing the prototype of the product. The speaker advised the students to think of the societal issues and develop products in a way that might solve the issues. The methods to launch the product was also explained by the speaker. He elaborated the process for applying projects through MSME. He concluded the session by urging the students to bring out new innovative ideas and implement them using technology that will benefit the people in the society. The speaker inspired the students with lot of new inspiring ideas.
On 25th July, 2024 a session on “Enhancing Incubation Opportunities for Early-Stage Student Entrepreneurs” was organized by Entrepreneurship Development Cell & Institution’s Innovation Council in association with the Department of Mechanical Engineering at 01:20 pm to 4.20 pm. The session was handled by Dr.S.M.Rajkumar Associate Professor Department of Mechanical, Francis Xavier Engineering College, Tirunelveli. 69 students and two faculties participated in the program. The program was held via offline mode. Dr.K.Vinukumar, AP/MECH coordinated the session.
The Department for Promotion of Industry and Internal Trade (DPIIT) in India oversees the classification of micro, small, and medium enterprises (MSMEs), which are categorized based on their investment and annual turnover. Startups must meet specific criteria to qualify for government benefits. Incubation centers, such as those at IIT Madras and Anna University, offers essential resources and support for startups, including office space and mentoring. Venture Capital Assistance provides interest-free loans from the Small Farmers' Agribusiness Consortium (SFAC) to address capital shortfalls in projects. Various government schemes also support sectors like infrastructure, food processing, and technology, offering financial aid and incentives for development and innovation
On 24.07.2024, a session on "Building a Lean Business Model: Basics and its Significance in Startup Initiatives" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Dr. Vinukumar, Assistant Professor, Department of Mechanical Engineering, Francis Xavier Engineering College, Tirunelveli, from 2.00 PM to 4.00 PM. 57 students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address by Mr. F. Richard Singh Samuel. In today's competitive startup landscape, building a lean business model is essential for achieving success efficiently and sustainably. Dr. Vinukumar, an expert in the field, explained the fundamentals of a lean business model and its critical importance for startups. The guest speaker emphasized that a lean business model focuses on maximizing value while minimizing waste. It encourages startups to validate their ideas early through iterative cycles of building, measuring, and learning. This approach helped in making informed decisions, conserving resources, and adapting to market needs swiftly.
Setting clear goals is crucial, whether it’s identifying key customer segments, defining unique value propositions, or determining cost structures. Success can be measured using metrics like customer acquisition costs, lifetime value, and overall profitability. Guest speaker emphasized the following points to the students: a lean business model is a powerful tool for startups, enabling them to build and grow efficiently while staying adaptable to market changes. By focusing on continuous improvement and customer feedback, startups can achieve sustainable growth and make a significant impact in their industry.
On 23.07.2024 a session on "Angel Investment/VC Funding Opportunity for Early-Stage Entrepreneurs” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. The session was handled by Mrs. Dr.V.M.Sangeetha AP/MBA, Francis Xavier Engineering College. Fifty six students from second year AI&DS and faculties of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.
The program started with the introduction of guest speaker Mrs. Dr.V.M.Sangeetha AP/MBA FXEC by Mrs.P.Sooriabrabha. The resource person discussed on the role of early-stage entrepreneurs seeking angel investment or venture capital funding face a landscape where preparation, presentation, and networking are crucial. Securing such funding typically involves crafting a compelling business plan that outlines market opportunity, competitive advantage, and growth potential. Entrepreneurs should focus on building a solid team, validating their product or service through initial traction or prototypes and establishing a clear path to profitability. Networking with potential investors through startup events, pitch competitions, and industry contacts can also prove invaluable in gaining visibility and trust. Overall, success often hinges on a combination of a strong business idea, thorough preparation, and the ability to articulate a compelling vision for the potential investors. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.
On 23.07.2024, a session on "Access to Funding and Mentorship through Incubators and Accelerators" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Information Technology. The session was handled by Mrs. T. Nancy Lydia, Assistant Professor, Department of IT, Francis Xavier Engineering College, Tirunelveli, from 2.00 PM to 4.00 PM. A total of 55 students and two faculties participated. This event was coordinated by Mr. F. Richard Singh Samuel, AP/IT. The event was conducted under the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with a welcome address by Mr. F. Richard Singh Samuel and introduced the guest speaker Mrs. T. Nancy Lydia. She explained the role of incubators and accelerators to startups towards mobilising necessary funds and the invaluable support mentorship. Incubators typically focus on nurturing early-stage startups by providing workspace, resources, and initial funding. In contrast, accelerators provide more intensive support over a shorter period, often culminating in a startups pitch to potential investors.
Key aspects covered in the session were identifying the right incubator and accelerator based on the startup's stage and needs, preparing the startup founders and making the most of the mentorship and networking opportunities. The guest speaker shared success stories of startups that benefitted from these programs, such as Dropbox, which joined Y Combinator, and Airbnb, which participated in the Sequoia Capital incubator. She said that accessing funds and mentorship through incubators and accelerators can significantly boost a startup's chances of success. These programs offer critical support in the early stages, helping startups refine their business models, scale effectively, and attract further investment. This session underscored the importance of leveraging the resources and expertise available through incubators and accelerators, providing students with actionable insights to advance their entrepreneurial ventures. The participants raised few questions regarding the mentoring support through incubators and accelerators. The interaction between the speaker and the participants created a new insight about the startup success.
On 22.07.2024 a session on "Incubation Opportunities for the Early Stage Entrepreneurs" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mrs.A.Anitha, Assistant Professor, Department of CSBS, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 54 students and 2 faculties participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs.Freeda Jebamalar.S, AP/CSBS Francis Xavier Engineering College. She introduced the guest speaker Mrs.A.Anitha, Assistant Professor, Department of Computer Science and Business Systems, Francis Xavier Engineering College, Vannarpettai.
The guest speaker started the speech by explaining the primary purpose of nurturing the young startups by providing them with the necessary resources and guidance to navigate the incubation opportunities of early-stage business development. He also spoke about the different types including Tech Incubators, Social Enterprise Incubators, Industry-Specific Incubators, University-Based Incubators. She discussed the benefits including Mentorship and Guidance which will give access to experienced mentors who provide strategic advice and industry insights. She emphasized the Networking Opportunities (i.e) Connect with other startups, potential investors, and industry experts.
She said that the business plan can help participants to the identify potential funding sources and outline financial projections. She discussed about how to educate the participants about the Incubation opportunities which are available for start-ups and their implications. She discussed the ethical challenges such as data privacy, transparency, and responsible marketing. The students left the session with a renewed sense of purpose, with valuable insights that will undoubtedly shape their entrepreneurial journeys. This session served as a testament to the limitless possibilities that lie ahead for those who dare to dream and work tirelessly to turn those dreams into reality.
On 22.07.2024 a talk on "Incubation Opportunities for the Engineering Students" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Electrical and Electronics Engineering. The session was handled by Dr. Bency P Emmanuel, Assistant Professor, Department of Physics, Francis Xavier Engineering College from 01.30 PM – 4.30 PM. 41 students and 2 faculties participated. This event was coordinated by Mrs. M. Mary Sumitha AP/EEE. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs. M. Mary Sumitha, Assistant Professor, Electrical and Electronics Engineering, Francis Xavier Engineering College and welcomed the resource person also. Resource person explained the basics of incubation activities and the role of incubation in the development of startups like raising funds, legal and ethical aspects of startups. During the session, she gave a very informative insight to all the participants regarding the need to develop a right approach for setting up any startups. She emphasized upon the need to develop an entrepreneurial approach, necessary for the growth and success of any business and provided the platform to the students to ask questions which made the session highly interactive. She stressed upon the need to develop the appropriate attitude and skills which should be inculcated in any individual to become a successful entrepreneur. She said that one must have the desire to excel and the confidence in one self to achieve the dreams. The session was an interactive one and the motivation and encouragement given by the resource person to become a successful entrepreneur was appreciable one. The session was of great benefit to all the young minds who have attended the program and those who have some idea to develop startup or business. The participants asked various questions during the session.
On 19th July 2024, Entrepreneurship Development Cell and IIC in association with Department of Civil Engineering organized a “Discussion on Innovation and Startup Ecosystem”. The resource person for the program was Er.P. Ronaldo Sam, Managing Director, Ronaldo & Roy Construction, Palayamkottai, Tirunelveli. 55 Civil Engineering students and 2 faculty member attended the program. The session was coordinated by Mrs. P. Raja Priya, Assistant Professor, Department of civil engineering, FXEC.
The resource person explained the role of Innovation and Startup Ecosystem for early-stage entrepreneurs. He also explained the importance of innovation and its role in the small business ventures in early stage of entrepreneurship. Further, he added that the interdependence of 6 indispensable elements are the fundamental trait of any ecosystem; none of its components can exist without one another, all linked together in a symbiotic relationship. This interconnected system includes government initiatives, venture capitalists, angel investors, research organizations, higher educational institutions, and service providers to support the growth and success of new businesses. A well-functioning startup ecosystem is characterized by the presence of new startups, a strong community, and a balance of functions that continuously adapt to market disruptions, both in global and local markets. Startup ecosystems provide access to capital, talent, and resources, fostering innovation and entrepreneurship, and networking opportunities for connecting startups with customers and partners. The students asked many questions and it was answered by the resource person. The participants gave positive feedback about the session.
On 15th July, 2024 a talk on “Accelerate Your Engineering Startup Growth with UDYAM Registration” was organized by Entrepreneurship Development Cell & Institution’s Innovation Council in association with the Department of Mechanical Engineering at 01:20 pm to 4.20 pm. Mr.Beeman, II Mech Student Entrepreneur from Mechanical engineering department was the resource person. This event was coordinated by Dr. K. Vinukumar AP/MECH. 40 students and 1 staff member participated in the program.
The guest speaker explained the process of UDYAM registration and significant benefits for engineering startups like Beem Art, founded by Mr. Beeman A, a student from the Department of Mechanical Engineering at FXEC. UDYAM Registration process simplifies the establishment of a startup by providing an online portal that streamlines the application, saving time and resources. It enhances the credibility of startups through an official government-recognized UDYAM Registration Certificate, which can boost trust and legitimacy. Access the government portal (https://udyamregistration.gov.in/UdyamRegistration.aspx ) for UDYAM Registration.
Registered MSMEs (Micro, Small, and Medium Enterprises) gain access to various government schemes, including subsidies on loans, tax exemptions, and special incentives for participating in tenders, which can provide substantial financial advantages. The process involves visiting the UDYAM Registration Portal, filling out an application form with accurate business details, Aadhaar authentication, providing PAN card and GSTIN if applicable, making an online payment if required, and downloading the registration certificate upon successful completion. For Beem Art offers creative services like pencil art and photo coloring, UDYAM Registration exemplifies how engineering skills can be effectively leveraged for entrepreneurial success in non-traditional fields, providing a competitive edge and accelerating growth.
On 12.07.2024 a session on "Angel Investment for Early Stage Entrepreneurs" was organized by the Entrepreneurship Development Cell and IIC in association with the Department of Computer Science and Business Systems. The session was handled by Mr.P.Selvakumar, Assistant Professor, Department of MBA, Francis Xavier Engineering College, Vannarpettai , from 09.30 AM - 12.30 AM. 45 students and 2 faculties participated. This event was coordinated by Mrs.Freeda Jebamalar.S AP/CSBS. This event was conducted with the guidance of Dr. Lourdes Poobala Rayen, EDC Director.
The program started with the welcome address by Mrs.Freeda Jebamalar.S, AP/CSBS Francis Xavier Engineering College. She introduced the guest speaker Mr.Selvakumar.P, Assistant Professor, Department of Management Studies, Francis Xavier Engineering College, Vannarpettai. The guest speaker started his speech by explaining about starting a new business venture and the careful planning and consideration of legal and ethical aspects to ensure its success and sustainability. He discussed about how to understand the Start-up landscape by providing the participants with an overview of the start-up ecosystem which include the current trends, challenges, and Opportunities.
The resource person said that the Angel investors are wealthy private investors focused on financing small business ventures in exchange for equity. Unlike a venture capital firm that uses an investment fund, angels use their own net worth. Angel investing is a good option for startups to raise large amounts of capital without being constrained by the requirements that go along with taking out a loan. The angel investors will take around 10% and 25% but it can be as much as 40% or more. Angel investment is most suitable if the business has growth potential, and are willing to give up part ownership in return for investment.
The students left the session with a renewed sense of purpose, armed with valuable insights that will undoubtedly shape their entrepreneurial journeys. This session served as a testament to the limitless possibilities that lie ahead for those who dare to dream and work tirelessly to turn those dreams into reality.
