IIT-M Incubation Cell hosts 'Start-up Exhibition'

Chennai: IITM Incubation Cell (IITMIC) hosted a 'Start-up Exhibition' featuring the Pan-India Winners of the Fourth Edition of the National Entrepreneurship Award (NEA) 2019, conferred by Ministry of Skill Development and Entrepreneurship, Government of India. IITMIC is the lead partner for NEA 2019.

The objective of the 'National Entrepreneurship Award' is to recognise and celebrate work by 'Young Entrepreneurs' and 'Ecosystem Builders' from across India and in silent entrepreneurial attitude among the future-generations and the youth.

The Ministry partnered with twelve premier institutes and organisation including IIT Madras(Lead Partner), IIT Delhi, IIT Kanpur, XLRI, TISS, NSIC, IIT Guwahati, IRMA, MANAGE, NIF, NABARD, and RSETI.

These institutions were responsible for mobilising nominations and evaluation process. A total of 4,136 applications were received from various regions of India including the North East - Manipur, Sikkim, and Meghalaya – besides the Andaman and Lakshadweep. They were rigorously evaluated by the partner incubators/institutes.

Padma Prof Ashok Jhunjhunwala, Institute Professor, IIT Madras, said, "There is visibly a lot of change in the country, where youngsters are aspiring to become job providers and not job seekers.

However, as a start-up founder, your job is of very high responsibility where you are accountable and answerable to your employees. It is key to have a vision and get your team aligned to that vision at every stage of your start-up journey."