E-CELL -IIFT’s ENTREPRENEUR FACTORY In association with NEN Presents “BIZ-GYAAN 2011" Learn To Make a Business Plan

IIFT has a great history of producing entrepreneurs in each and every domain and these IIFTians have dared to walk the less treaded path in the past. The institute has also proved time and again that the main aim of providing an MBA education is not only imparting the skills and knowledge to get a good job, but to transform students into individuals who can undertake innovations, finance and business acumen in an effort to transform these innovations into economic goods.

Hence as a part of the ongoing tradition of churning out entrepreneurs, this year the E-Cell of IIFT Kolkata in association with NEN presents “BIZGYAAN-2011”

Date: 29th & 30th, August, 2011

Venue: Conference Hall, IIFT Kolkata, Indian Institute of Foreign Trade, Kolkata Campus, J1/14, EP & GP Block, Sector 5, Salt Lake City, Kolkata

29th August, Timings: 5:00 P.M. to 8:00 P.M.

First Session
Timings: 5:00 P.M. to 6:30 P.M.
Discussion: GENESIS

Second Session
Timings: 6:45 P.M. to 8:00 P.M.
Discussion: TRANSFORMATION

30th August 2011

First Session
Timings: 5:00 P.M. to 6:30 P.M.
Discussion: REVELATION

GENESIS

An entrepreneur would like to evaluate the opportunities for financing its product, both goods and services. The dynamic market conditions poses threats and challenges where complex decisions are taken. Hence as an entrepreneur it becomes increasingly important to find the opportunities and more important so as to evaluate these opportunities and how such conditions are likely to influence those evaluations.

The entrepreneur may possess what appears to be a brilliant idea but whether it can turn into a profitable opportunity has to be explored.

Preliminary investment, the working capital, the daily activities, profitability and the time entrepreneur is willing to spend are some of the major factors that need to be considered before evaluating the options for taking a decision.
The difference between a successful and failed entrepreneur lies in whether the entrepreneur can attract customers’ attention and bring profits. The entrepreneur may not possess all the expertise required and requires helping hand. The decision may or may not be successful one and requires prior experience and judgement. Thus it becomes very important for student entrepreneurs to understand the starting point of Business Plan.

The discussion aims at understanding the basic issues required in defining a business successfully which help in distinguishing between winning and the losing.

Transformation

Without taking action you will never move forward and reach the results you want. Coaching is about getting results; listening to what the client really wants and working together, setting out the measurable steps to be taken that result in action and success.

Having a business idea can only fulfil need for conversation but transforming it into a full fledged business plan will fulfil your aspirations.

This session will facilitate the budding entrepreneurs to understand the intricacies and dynamics of a business plan and gauge not only the gravity but also the steps that lead towards a fully functional business plan.

Revelation

This will be an interactive session between the entrepreneurs and the students. Here entrepreneurs will be sharing their success stories and various hurdles which they encountered while growing their ventures. Students will be able to discuss their apprehensions regarding their various business ideas and also can learn from his experiences.

IIFT

Indian Institute of Foreign Trade (IIFT) is a pioneering Institute in imparting management education in the field of International Business. Established in 1963 by the Ministry of Commerce and Industry, Government of India, IIFT has provided more than 600 research based consultancies and trained more than 40,000 professionals. The fact that IIFT is consistently rated amongst the Top 10 B-schools of the country bears testimony to the institute’s forte in the field of management.

IIFT promotes understanding of global business dynamics for the benefit of India's domestic as well as international business community. The vision of IIFT is to become an internationally acknowledged and networked institution in delivering globally competitive business education and research for individuals, corporate, society & government.

The nonprofits National Entrepreneurship Network was established in 2003 with a mission to create and support high-growth entrepreneurs, driving job-creation and economic growth in India. NEN represents India’s largest and most dynamic community of new and future high-growth entrepreneurs, with over 70,000 members in 30 cities. It provides critical support to start- ups and early-stage entrepreneurs through high-impact entrepreneurship education; access to mentors and experts; fast-track access to incubation and funding; and learning tools and materials.
It partners with over 470 top-tier academic institutes in India to help them develop vibrant entrepreneurship ecosystems on campus, which develop and support new and future entrepreneurs.

For Further Information, Please Contact:
E-Cell IIFT’s Entrepreneur Factory
Coordinators:
Umesh Kumar - 9163807469
Souptik - 9674133161
Deepayan Kumar - 8017633144