Posts Tagged ‘NEN’

NEN E-Week Finale on February 13, 2010

February 14, 2010

NEN (National Entrepreneurship Network) of Wadhwani Foundation had arranged a week-long “E-week” (Entrepreneurship week) throughout the country.

The finale was at Jyoti Nivas College in Koramangala today.

It is the 5th year of NEN. There were 2,500 students from Delhi, Jaipur, Indore, Calcutta, Hyderabad, Chennai, Pune, Coimbatore, Mysore and Bangalore. Their energy levels were so high that one could not resist to comment that “it was sufficient to run the City of Bangalore!”

Laura Parkin the ED of NEN was at her elements; landing from Boston just 24 hours back she was not just awake but full of energy too.

Madan Padaki, Founder & CEO, MeritTrack narrated his experiences very candidly; his interaction with family, VCs, friends, clients and the amazing growth story must have been the right inputs to the budding entrepreneurs.

I spoke about the changed India, the changed world particularly when it came to perceptions on India, entrepreneurship providing an opportunity to change comparable to what Mahatma Gandhi could do to India, the need to get 300 million Indians above poverty line, making a difference to them, the “tough times” of not only Madan Padaki but even giants like Infosys Founders and Google Founders in their early days, the spirit of “do not give up easily”; and, finally, set the goal of one million participants in 2012 compared to 400,000 in 2010!

Mr Mittal from DST narrated the story of an entrepreneur using “deaf & dumb” employees to increase his “home security” business in a residential locality in Delhi. It was just amazing.

With several dances thrown in it was party time too!

An enjoyable evening indeed

NEN Start-up Day Zero at IIIT-B

June 20, 2008

NEN (National Entrepreneurship Network) had the first edition of their innovative idea “Start-up Day) at IIIT-B on June 19, 2008.

The concept is interesting; with start-ups getting to speed, there is a need to get the best students look up this option seriously. The Placement officers in the Institute are forced to give Day 1 slot to the companies to the companies that would offer the largest number of jobs (IT service companies) or highest salary (product companies, MNCs); start-up can match neither of them. Getting on the last date of placements does not help the start-ups. By keeping a day exclusively for start-ups that too on Day Zero (before the placement process starts) we expect to give the best option for both the students and the recruiters. There are also other innovations; “speed dating” so that the companies need not go through long presentations, written tests, interviews..

An interesting experiment, that is likely to go to other places also soon.

It was great listening to the founders / CEO’s of start-ups

RedBus, Mango Technologies, Mobisys, OutDo, Readiminds, Yos Technologies, Tyfone, 8KMiles

Sanjay Anandram, CEO of JumpStart mentioned some interesting ideas through pithy statements; those I liked include

  1. Do you want to be the 72,942rd employee or the third or 20th employee?
  2. Journey is the award
  3. Do you want to climb Everest or want to watch others climbing Everest in National Geographic TV?
  4. The five things VC’s look for in a start-up during evaluation “Team, market size, growth, USP and business models”
  5. Cost arbitrage, Labor arbitrage, Unique to India, Served out of India for the world – the four models available today for start-ups