Date: 27-05-2015 EDI may tie-up with GTU for Entrepreneurship training GTU to start B.E. with specialization in Technology Entrepreneurship Ahmedabad: Prof Sunil Shukla, designated-director of Entrepreneurship Development Institute of India (EDI), has indicated that EDI and Gujarat Technological University (GTU) can have tie-up for Entrepreneurship program. He was speaking at two-day workshop on ‘Challenges and Opportunities in Building Start up Ecosystem in the State’ organised by GTU at Chandkheda campus, Ahmedabad. He told that Gujarat is the epicentre of Entrepreneurship. He appreciated Student Start-up Support System (S4) program of GTU and said that this initiative came at right time. GTU developed a lot in short span of time. On the other side, EDI has 25 centres. EDI has started providing grant to students and we have committed support of Rs.7Cr. GTU can take benefit of this start-up program. Dr. Chandan Chatterjee, Director, The Centre for Entrepreneurship Development, (A Project of Government of Gujarat), Gandhinagar and Adviser (Project & Technology) at iNDEXTb was the Chief Guest of the function. He told the gathering that in start-up system, Government of Gujarat is providing 70 % subsidy. The person has to give guarantee of earning Rs.10, 000 per month for a year. He added that it is not just fund or technology that can be helpful in developing entrepreneurs, but skill and mind-set or culture can help in this. Only incentives are not solution, but institutes can help in mentoring. It is necessary to remove psychological barriers and start confidence-building measures. Responding to them, Dr. Akshai Aggarwal, Hon. Vice-Chancellor of GTU announced that GTU is planning to develop a unique program of B. E. (Minor / Specialization in Technology Entrepreneurship) along with student’s main stream B.E. (major) program. Under the Minor / Specialization program, GTU students will be permitted to pursue their Final Year projects in any Technology Business Incubators (TBI), which has been approved by the University for this Program. The University is considering awarding special certificates for such teams. The University is discussing with various stakeholders, TBIs, policymakers and regulators to see that such a program can be initiated during 2015-16. Mr. Hiranmay Mahanta, honorary director of the GTU Innovation Council led the panel discussion. Mr. Pranav Kumar, CEO of Start-up Village shared his experience in Kerala and said that we created a platform to convert start-up through Public-Private Partnership. Since last three years, we got 7000 applications, from which 960 selected, but out of which 450 projects failed. Yet remaining projects could attract an investment of Rs. 400 Cr. Mr. Aditya Sinha of C-DAC also participated in the discussion. GTU invited TBI CEOs, Policy makers, Start-up enthusiast, Student Start-ups and Technological universities to participate in this two day workshop and ViceChancellors’ roundtable and to help shape the policy frameworks. In India, GTU is the only large technological university, which has developed its own Student Start-up Policy. The Policy is based upon the experience of GTU’s own successful efforts and it has also drawn upon the best practices from across India and abroad. GTU has also developed a policy document for the Skilling India Mission at GTU.
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