Startup Opportunities for the Budding Engineers

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.