A P S Entrepreneurship Development Cell(EDC)

Committee Coordinator:Dr. Ravi kumar, Dept. of ME

The APS Entrepreneurship Development Cell (EDC) is a dynamic initiative with a clear vision and mission to cultivate successful entrepreneurs equipped with innovative skills and ethical business practices, ultimately contributing to societal development and the nation's growth.

Vision:

To nurture accomplished entrepreneurs imbued with innovative skills and ethical business principles, making a meaningful contribution to society's advancement and the nation's prosperity.

Mission:

• Unleashing human potential in service of the nation.
• Fostering entrepreneurship awareness and an enabling environment at

APSCollege of Engineering.

• Instilling a tradition of innovation-driven entrepreneurship among faculty and students.
• Guiding students in establishing their enterprises.

Goals:

• Motivating students to initiate their startups.
• Establishing business incubators.
• Creating a corpus fund to seed ventures.
• Providing a platform for interactions with entrepreneurs.
• Imparting entrepreneurial education and skills through diverse training and exercises.
• Organizing vibrant interactions with organizations championing the cause of entrepreneurship.

Entrepreneurship Development Cell Activities:

The APS Entrepreneurship Development Cell (EDC) engages in a variety of activities to nurture and support budding entrepreneurs:

1. Workshops and Seminars: Organizing events covering various facets of entrepreneurship, including business planning, market research, funding strategies, and leadership skills.
2. Guest Lectures: Inviting accomplished entrepreneurs, industry experts, and investors to share their experiences and insights, offering valuable guidance and inspiration to aspiring entrepreneurs.
3. Business Idea Competitions: Hosting competitions where students can pitch their business concepts to a panel of judges, refining their ideas and receiving constructive feedback.
4. Start-up Challenges: Conducting competitions where student teams are challenged to develop a business plan, prototype, or minimum viable product within a limited timeframe.
5. Incubation Support: Providing physical space and resources for start-ups to incubate their growth, offering mentorship, access to facilities, and networking opportunities.
6. Mentorship Programs: Connecting students with experienced mentors and advisors to navigate challenges, make informed decisions, and refine their entrepreneurial goals.
7. Entrepreneurial Training: Offering training programs covering essential areas such as ideation, market analysis, business model development, financial planning, and presentation skills.
8. Networking Events: Organizing networking sessions, meetups, and industry-specific events, enabling students to connect with like-minded peers, potential collaborators, and investors.
9. Pitching Competitions: Hosting pitching competitions where students present their start-up concepts to potential investors or venture capitalists.
10. Innovation Challenges: Encouraging students to address real-world problems through innovative solutions, fostering creativity and an entrepreneurial mindset.
11. Collaboration with Start-ups: Collaborating with existing start-ups or local businesses, allowing students to gain hands-on experience and insight into the practical challenges of entrepreneurship.
12. Hackathons and Prototyping: Conducting hackathons or prototyping events where students work intensively to develop solutions, products, or technologies within a short timeframe.
13. Business Networking: Facilitating networking opportunities with industry professionals, potential clients, partners, and investors.
14. Entrepreneurship Awareness Campaigns:Running campaigns to raise awareness about entrepreneurship, its advantages, and the available support, inspiring more students to explore entrepreneurial paths.

These diverse activities collectively foster an entrepreneurial and innovative culture within educational institutions, nurturing the next generation of visionary business leaders and innovative creators.