Indian companies are increasingly complaining about the lack of quality talent at the entry level and more so in the services space which recruits fresh graduates in huge numbers. Customer needs are changing and technology developments are placing greater demand on the industry. Outstanding interface skills, deeper domain knowledge and awareness of the business context has become a 'must have' for today's professionals. Not all colleges that churn out students have been able to build these skills into their curriculum, thereby necessitating companies to bridge the skill gaps and bring about standardization of capability, among students hired from different parts of the country.
A mixture of approaches to entrepreneurship education is necessary to deliver the experiences and knowledge that lead to innovative and entrepreneurial graduates. Fortunately, with high interest in entrepreneurship among students, there is an opportunity to catalyze student awareness and interest through short, engaging experiences. We are aiming to open an essential window of opportunity for an intellectual dialog between engineering entrepreneurship educators, researchers, and practitioners.
State Hub will host Tech Innovation Webinars in regional languages through a cloud based technology. These videos and talks can be accessed by the District Innovation Centres and School Innovation Centers In 2015, 64 such Tech Innovation Webinars and 30 international webinars were hosted for the benefit of the students across the state of Tamilnadu. Students from Rural areas highly benefited from such Tech Innovation Webinars, which was evident in the subsequent Ignite Conferences held during 2016. Industry leaders from oragnisations such as Presidents Boeing, Prat & Whitney, AOL have all endorsed this initiative through the webinars. Although common misconception is that Industry leaders are inaccessible , we have connected them to the youth through Ignite Tech & Innovation Webinars.
Federation of Indian Chamber of Commerce and Industry’s 1st ever panel for entrepreneurship was established under the convenership of Mr. Agnishwar as the Young Entrepreneurship Development Panel. The panel to promote entrepreneurship launched a program called the Young Entrepreneur Series (YES). The YES program brings successful entrepreneurs into the college through a panel discussion. This would benefit the students to listen and interact with industry practitioners and business leaders.
The integration of entrepreneurship and innovation in education will require a shift in thinking and willingness on the part of teachers to participate in, or at least accept changes in the curriculum. Recent experiences in introducing new approaches to STEM education are a good indicator of the challenges and a guide to which approaches will be effective.
FICCI YEDP can infuse fresh energy and spirit among the engineering students and colleges by
Establishing Entrepreneurship Chapters in all the schools and colleges in the country.
Conduct Regional Conferences and Seminars in Entrepreneurship with 2000 speakers from the corporate world.
Bank of 300 mentors of FICCI from different industries who can guide the young entrepreneurs.
YEDP Advisory board of 25 members would be steering the Program.
Access to Bank of Mentors.
Guidance and Support from FICCI YEDP for functioning of the Entrepreneurship Chapter.
Students proposal shall be received by FICCI YEDP for validation and further presentation to FICCI Entrepreneurship mentors.
Opportunity to participate in FICCI conferences and seminars across 72 sectors.
Opportunity to institutions to interact with Industry.
Opportunity to leverage Industry Interaction for placements/internships.
Fostering a fruitful culture of innovation in the country is a long and important journey. This initiative will go a significant way in reiterating Government of India’s commitment to making India the hub of innovation, design and Start-ups. The objective of Start-up India is that India must become a nation of job creators instead of being a nation of job seekers.
This initiative by FICCI YEDP and Anna University would supplement the efforts of our Prime Minister Shri Narendra Modi.
Skill India Portal was conceptualized to provide a collaboration platform to help empower all stakeholders to freely connect with each other. The overall focus of this initiative is to help provide an engaging ecosystem to cater to skilling needs of citizens by publishing and sharing relevant information. The outcome of this collaboration should ideally lead to inclusive growth especially for those at the bottom of the pyramid (approximately 800 million citizens). The portal attempts to disseminate reliable information and by providing an interface to enquire, explore, and access and engage with various affiliated and accredited training partners, infrastructure providers, understand skill options, opportunities, information on various providers, reliable and credible digital content.
Skill India The Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy.
E-governance initiatives in India took a broader dimension in the mid 1990s for wider sectoral applications with emphasis on citizen-centric services. The major ICT initiatives of the Government included, inter alia, some major projects such as railway computerization, land record computerization, etc. which focused mainly on the development of information systems. Later on, many states started ambitious individual e-governance projects aimed at providing electronic services to citizens.
Though these e-governance projects were citizen-centric, they could make less than the desired impact due to their limited features. The isolated and less interactive systems revealed major gaps that were thwarting the successful adoption of e-governance along the entire spectrum of governance. They clearly pointed towards the need for a more comprehensive planning and implementation for the infrastructure required to be put in place, interoperability issues to be addressed, etc. to establish a more connected government. The vision of Digital India programme is to transform India into a digitally empowered society and knowledge economy.
The Make in India initiative was launched by the Prime Minister in September 2014 as part of a wider set of nation-building initiatives. Devised to transform India into a global design and manufacturing hub, Make in India was a timely response to a critical situation: by 2013, the much-hyped emerging markets bubble had burst, and India’s growth rate had fallen to its lowest level in a decade. The promise of the BRICS Nations (Brazil, Russia, India, China and South Africa) had faded, and India was tagged as one of the so-called ‘Fragile Five’. Global investors debated whether the world’s largest democracy was a risk or an opportunity. India’s 1.2 billion citizens questioned whether India was too big to succeed or too big to fail. India was on the brink of severe economic failure.
In a short space of time, the obsolete and obstructive frameworks of the past have been dismantled and replaced with a transparent and user-friendly system that is helping drive investment, foster innovation, develop skills, protect Internet Protocol (IP) and build best-in-class manufacturing infrastructure. The most striking indicator of progress is the unprecedented opening up of key sectors – including Railways, Defence, Insurance and Medical Devices – to dramatically higher levels of Foreign Direct Investment.
Prime Minister Narendra Modi launched the ‘Stand up India’ scheme on 5 April 2016 as part of the government's efforts to support entrepreneurship among women and SC & ST communities.
The scheme offers bank loans of between Rs 10 lakh (US$15,000) and Rs 1 crore (US$150,000) for scheduled castes and scheduled tribes and women setting up new enterprises outside of the farm sector.
Ignite India is an initiative to identify and encourage entrepreneurial skills and innovation across India.
The primary objectives are:
To help India become innovative and creative, and to become a global leader in sustainable technologies by scouting, spawning and sustaining grassroots innovations.
To ensure evolution and diffusion of green grassroots innovation on a selective, time-bound and mission-oriented basis so as to meet the socio-economic and environmental needs of our society.
To provide institutional support in scouting, spawning, sustaining and scaling up grassroots green innovations as well as outstanding traditional knowledge and helping their transition to self-supporting activities.
To seek self-reliance through competitive advantage of innovation-based enterprises and/or application of "people-generated sustainable technologies" at grassroots level.
To build linkage between excellence in formal scientific systems and informal knowledge systems and create a knowledge network to link various stakeholders through application of information technology (IT) and by other means.
To promote wider social awareness and possible applications of the know-how generated as a result of these initiatives in commercial or social spheres and encourage its incorporation in educational curriculum, developmental policies and programs.
Mentor plays an important role in entrepreneurial development of an individual. He guides entrepreneurs from conception of business to product development and business growth. Mentor roles and responsibilities are varied and complex. Serving as a guide, facilitator, role model, and/or ally to the mentee, a mentor must be prepared to take on a range of roles and responsibilities that may change as the mentor/mentee relationship develops over time, as the needs and goals of the mentee shift, and as specific contexts and situations require different strategies. Although it’s not possible to pigeon-hold any mentor, mentee, or mentoring relationship, a mentor will generally enact a number of common roles and responsibilities. It’s worth emphasizing that whatever role the mentor may take, the mentor’s principal goal, as Paulo Freire reminds us, is to invite and nurture the “total autonomy, freedom, and development of those he or she mentors.”
The mentors would be requested to share their experience in a panel discussion on entrepreneurship that would be telecast on national television for the benefit of potential entrepreneurs.
The engagement initially between the mentee and mentor would happen online through a dedicated portal where the mentee share his idea/project. Based on the willingness of the mentor, the mentee would be mapped to the mentor and the contact details shall be shared mutually between the mentee and the mentor.
The mentors would be shared with the latest information on entrepreneurship and also the new ideas and projects propagated by the students/mentees
An Annual General Body Meeting shall be convened for which al the mentors and mentees would be invited for the meeting.
The mentor would be required to serve as a guide, facilitator, role model, and/or ally to the mentee.
The mentor to act as a catalyst for nurturing, developing and sustaining a Pan-India entrepreneurship eco-system, in association with the Government of India.