In a little over an hour and half from now, at 11:30 A.M. panelists who’re in the business of helping entrepreneurs achieve their goals will speak in Mumbai at the Economic Times seminar on - 'Capital Idea' - How entrepreneurs can access and bring their business ideas to life.
The Speakers
Jitender Balakrishnan, Deputy Managing Director, IDBI
Sandeep Singhal, Founder, Nexus Capital
Gautam Patel, Partner, Battery Ventures
Rahul Khanna, Clearstone Venture Advisors
They'll be speaking on
1. How entrepreneurs can access capital.
2. What should be the approach.
3. The barriers / limitations that entrepreneurs face in accessing capital, and ways and means open to them to overcome these hurdles.
4. The role of entrepreneurship in building a strong India.
Date: 18th Feb, 2009
Time: 11:30 A.M.
Venue: 4th Floor, Conference Hall, The Times Of India bldg., Dr. D.N. Road, Fort, Mumbai-400001
Actually , every business plan competition , or presentation , like power of ideas , the eureka , the intaglio , the IIPC , everywhere you go , one thing is common dont expect to be funded , if you are an innovative company , then there is a very few , or 0% chances of getting funded , because the Indian Investors , the Venture Capitalists , the Angel Investors are not the ones those who exist in Silicon Valley and those who have funded companies like Microsoft , Google etc.
ReplyDeleteThe good thing about this contest is they are trying to create a similar kind of ecosystem which exists in US , Europe , but until and unless as VC firms come forward to address the real issues of Indian Entrepreneurs , nothing is possible here ….
I had attended a numerous business plan contests in India , for hellodoctor , one thing I got from that is some certificates , some feel good discussions, some networking but its of no use to me presently , no serious investors , investors talking about millions of dollar investment but buddy we are a start up we dont need this , the real issues what an Indian Entrepreneur is facing is not addressed , the same way you have to fignt , you have to get self funded , take calculated risk , like that
One thing I will like to say that these Bplan Competition can sharpen your brains , make your business plan papers more effective , but for startup forget anything from these competitions , you have to depend on your own resources , own will , you have to fight the monsters inside your brain , and outside too … If you want to be an entrepreneur take the first calculated risk first , you are not a millionaire , you are there to make millions … If you dont have confidence on your own plan , and you are thinking If you are putting your own hard earned money then forget to get any investors ..
Dr.Smrutiranjan Patanaik
COO - hellodoctor24×7