Dear Siddhant – Shubham – Rohan- Yash – Shubhanshi,
Just came across following news report :
IIT-Bombay’s biz plan competition now open to school students
It reads :
Eureka! Junior is a business plan competition for school students of Class 6 to Class 12 from across India. The competition was launched on August 1.
Selected students will be honed by the E-Cell through rigorous workshops over the next five months and guided through the process of creating a business plan for their ideas. The workshops are free and the winners of the competition will get prizes worth ₹1 lakh. Students will also be introduced to other young entrepreneurs fostered by the E-Cell as well as investors.
For whatever it is worth , following was my Business Plan ( prepared 20 years ago ) . May be its STRUCTURE can help the Students prepare their own :
BUSINESS PLAN FY 2001-2004
https://hcpreports.blogspot.
As to how we can nurture the FIRST GENERATION of entrepreneurs , you may want to look up my following blog ( sent as email to our Cabinet Ministers / NITI Aayog etc ) :
TEN MILLION ENTREPRENEURS ? [ 19 Oct 2015 ]
https://myblogepage.blogspot.
where I wrote :
Here is how we can produce a generation of ENTREPRENEURS, 5 years from now (if we start NOW ) :
* Introduce " Entrepreneurship " as an mandatory subject in High Schools
and Colleges
* Each such School / College to be " Adopted " by a Corporate ( CSR ? )
* Each adopting Corporate will bear the full expense of running this
course ( Teachers' Salaries etc )
* Such expense to be tax-exempt ( or offset as Corporate CSR obligation )
* Exams to be in the form of presentation by teams of final year students
on,
" HERE IS A BUSINESS I PLAN TO START "
* Presentations to be judged by Panels of Venture Capitalists / Angel
Investors / Incubators etc
* Winning teams ( 1st / 2nd / 3rd prize ) , to be offered funds by the
Panel Members ( as seen in some TV programs )
Fund amounts should be small ( Max Rs 100 lakhs ) and preference to
be given to projects involving healthcare / education / manufacturing /
agriculture / food processing etc
* Winning Teams , setting up Start Ups with these VC funds , to be
encouraged to hire graduating students from the non-winning teams
This " encouragement " to be in the form of reimbursement of salaries of
such hires ( only such hires ), under " Employment Generation Subsidy "
from concerned State Government , where this Start Up gets registered ,
since , employment is a State Subject
Such Salary-reimbursements will be for first 3 years of Start Up
To create an entire GENERATION of ENTREPRENEURS , we need to start at the roots
Some years later , when this FIRST generation becomes parents of their own 10 year olds , those SECOND generation youngsters will have entrepreneurship in their genes !
This is one way of preparing a GM ( genetically modified ) Generation , to which , there ought to be all round support
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 09 Aug 2020
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