Dear NCLTEC members,
On behalf of NCLTEC, we would give you our feedback on our Esummit particpation. A team of 9 NCLTEC members had participated in ESummit'08 held at IIT, Mumbai yesterday (10th February). We are very happy with the Esummit programme content and it was very inspiring, enthusiastic to meet entrepreneurs during the programme. There were two session and we all participated in the session of "Start up company", which dealt with the opportunities in emerging Indian ecosystem, about venture capitalist and experience of entrepreneurs. Most of these session programmes were hosted by Venture capitalist and it was interactive. It helped us to know more about the expectation of venture capitalist and angel investors. We also met few entrepreneurs incubated by IIT, Mumbai campus.
Most of the startup companies were IT related, with very little IPR. So, the importance of IPR and its role in sustaining the life of startups
companies was highlighted. Also, there was a wide concern about the innovation lacking in the business plan and the need for product to reach wider mass (society).
Mr. Ramadorai, TCS head, stressed the role of high tech entrepreneurs in bringing a change and adding value to the society. He brought into notice, the wealth created by MIT, US using its intellectual property. He wanted Indian universities/ CSIR labs to follow similar path.
One amazing thing, common with the entrepreneurs was that, they never had a formal education in business administration. Most of them had a passion to create a value to customer, than to make profit.
We talked with the chair person of ECell and we are in process of linking NCLTEC, with Gen portal (a common forum for all entrepreneurs in various IITs, National university of Singapore, for mentoring, advice etc). We also want to bring successful entrepreneurs, create awareness and also learn from them.
In a nutshell, this Esummit, helped us to explore the oppurtunities existing for entrepreneurs, problems in startup companies and various
online mentors, angel investors for small ventures.
We thank Dr. Sivaram, The Director NCL, for his generous financial support, which made our Esummit travel plan feasible. I would also like to thank Mr. Kumar Babu (Secretary: Group activities) for complete organisation and execution of this Esummit travel programme.
Thanking you,
With warm regards
Elangovan Mani
President, NCLTEC
Sarvesh Soni
Secretary (Publicity and Communication), NCLTEC
On behalf of NCLTEC, we would give you our feedback on our Esummit particpation. A team of 9 NCLTEC members had participated in ESummit'08 held at IIT, Mumbai yesterday (10th February). We are very happy with the Esummit programme content and it was very inspiring, enthusiastic to meet entrepreneurs during the programme. There were two session and we all participated in the session of "Start up company", which dealt with the opportunities in emerging Indian ecosystem, about venture capitalist and experience of entrepreneurs. Most of these session programmes were hosted by Venture capitalist and it was interactive. It helped us to know more about the expectation of venture capitalist and angel investors. We also met few entrepreneurs incubated by IIT, Mumbai campus.
Most of the startup companies were IT related, with very little IPR. So, the importance of IPR and its role in sustaining the life of startups
companies was highlighted. Also, there was a wide concern about the innovation lacking in the business plan and the need for product to reach wider mass (society).
Mr. Ramadorai, TCS head, stressed the role of high tech entrepreneurs in bringing a change and adding value to the society. He brought into notice, the wealth created by MIT, US using its intellectual property. He wanted Indian universities/ CSIR labs to follow similar path.
One amazing thing, common with the entrepreneurs was that, they never had a formal education in business administration. Most of them had a passion to create a value to customer, than to make profit.
We talked with the chair person of ECell and we are in process of linking NCLTEC, with Gen portal (a common forum for all entrepreneurs in various IITs, National university of Singapore, for mentoring, advice etc). We also want to bring successful entrepreneurs, create awareness and also learn from them.
In a nutshell, this Esummit, helped us to explore the oppurtunities existing for entrepreneurs, problems in startup companies and various
online mentors, angel investors for small ventures.
We thank Dr. Sivaram, The Director NCL, for his generous financial support, which made our Esummit travel plan feasible. I would also like to thank Mr. Kumar Babu (Secretary: Group activities) for complete organisation and execution of this Esummit travel programme.
Thanking you,
With warm regards
Elangovan Mani
President, NCLTEC
Sarvesh Soni
Secretary (Publicity and Communication), NCLTEC
