Dheeraj Sri’s Post

Thrilled to announce my latest publication with my colleague Yamini Chandra Ph.D. (Psychology and Entrepreneurship)! Our paper, titled "Simulation Exercise: Learning Entrepreneurship Through Local Market Business Opportunity Identification," has been published in the IMIB Journal of Innovation and Management. Designed for students across various programs, this simulation exercise enables learners to explore the entrepreneurial landscape of local, livelihood-based businesses—essential, day-to-day businesses that sustain communities, especially in India. As an entrepreneurship educator, I emphasize that innovation extends beyond startups; it’s embedded in grassroots businesses, where resilience, empathy, and resourcefulness are key. Our simulation introduces students to "bottom of the pyramid" entrepreneurship and empowers them to apply critical Knowledge, Skills, and Attitudes (KSAs) using a hands-on approach based on Bloom’s Taxonomy. Spanning cities like Ahmedabad, Kolkata, and Nagpur, our students uncovered universal vendor challenges, documented their findings, and crafted solutions presented through business model canvases. These insights were then shared back with vendors, some of whom are now implementing them! This journey in experiential learning offers valuable resources for instructors, with teaching notes included for classroom discussion.  Access the full case study here: https://lnkd.in/dBg4d6ZX

📢 Exciting News from Kerala Startup Mission! 🌟 We are thrilled to announce a significant step forward in fostering innovation and entrepreneurship among students across Kerala. The Government of Kerala has officially approved the establishment of Kerala Startup Mission Innovation and Entrepreneurship Development Centres (IEDC Kerala) in all Higher Education Institutions under the Higher Education Department. This transformative initiative builds on the Student Entrepreneurship Scheme, introduced as per G.O.(Ms.)No:499/2012 H.Edn dated 11.10.2012. Now, as per the latest order, G.O.(Rt)No.1445/2024/HEDN dated 20.11.2024, these centres will play a pivotal role in: Empowering students to pursue entrepreneurial ideas. Providing infrastructure and mentorship support. Creating a culture of innovation and collaboration across universities, colleges, and polytechnics. The Kerala Startup Mission, with its comprehensive guidelines, aims to make entrepreneurship an integral part of higher education. This milestone marks a cornerstone in advancing the IEDC initiative, bridging education with entrepreneurial opportunities for the youth. A big thank you to everyone involved in making this vision a reality. Together, let’s build a thriving entrepreneurial ecosystem in Kerala! 🚀 Anoop Ambika, Ashok Panjikaran, Akhil Hakkim, Adarsh Vijayan, Rahul Shah, Sitharam T.G, Abhay Jere, Rajive Kumar, Dipan Sahu, Abhishek Ranjan, Pradeep Dhage, All India Council for Technical Education (AICTE) , University Grants Commission (UGC), Startup India, Suhani Kumar, Shivangi Jain, MeitY Startup Hub, Panneerselvam ( PS ) Madanagopal, NITI Aayog Official, Nasif NM, Tom Thomas, Aswathy V Girija, Dr. Deepu Krishnan P R #KeralaStartupMission #Entrepreneurship #Innovation #HigherEducation #IEDC #startup #ideas #products #services

Entrepreneurship Cell (E-Cell) of Indian Institute of Technology, Kharagpur under the aegis of Rajendra Mishra School of Engineering Entrepreneurship (#RMSOEE) is conducting the 16th edition of the nationwide Entrepreneurship Awareness Drive (EAD) and 7th edition of Local Startups’ Meet (LSM) this month. Entrepreneurship Cell, IIT Kharagpur is one of India's largest student run non-profit organizations, with a mission to build an enterprising India. This initiative not only highlights the importance of entrepreneurship in today's economy but also aims to connect budding entrepreneurs with vital resources and mentorship opportunities. "Alchemy of Ambitious Aspirations” being the theme of this year's EAD/LSM, E-Cell of #IITKGP nurture it's aim of fostering the spirit of entrepreneurship among the youth in campus and beyond. MINISTRY OF EDUCATION, GOVERNMENT OF INDIA Dharmendra Pradhan Dr. Sukanta Majumdar Government of India Official Press Information Bureau - India Prasar Bharati News Services & Digital Platform All India Radio The Press Trust Of India Ltd.- PTI #iitkharagpur #rmsoee #entrepreneurshipawarenessdrive #localstartupsmeet #entrepreneurshipcell #buddingentrepreneur Read the full: https://lnkd.in/gwqmgX_v

Tackling Youth Unemployment: A Call to Action For many, a good education has traditionally been seen as a passport out of poverty and into the middle or affluent class. However, this belief is now being challenged. Alarmingly, 35% of IIT graduates and nearly 20% of IIM graduates are still searching for jobs this year. If prestigious institutions can't guarantee employment, what hope is there for the millions of other graduates? The recently published ILO report on youth unemployment in India (https://lnkd.in/dvih_Vtj) reveals a stark reality: - A young person with a college degree is nine times more likely to be unemployed than their illiterate counterpart. This highlights both the questionable quality of degrees and the predominance of low-end job opportunities. - Youths make up nearly 83% of the unemployed population in India. The disconnect between the education system and the job market is a primary reason for this high unemployment rate among educated youth. There are two key issues at play: 1. Quality of Education: The education imparted at many institutions fails to meet industry standards and expectations. 2. Mismatch Between Education and Job Market Needs: There is no strategic mapping of job requirements to educational outcomes, reflecting a lack of effective policy or strategic approach. Ravi Venkatesan, in his article, suggests that to address the jobs crisis in India, there needs to be a shift in focus from elite-driven economic growth and large firms to fostering grassroots entrepreneurship. This means: 1. Encouraging Mass Entrepreneurship: Similar to how sports like cricket and chess have become inclusive and accessible to many, there should be a broad movement to promote entrepreneurship across the country. 2. Mandatory Entrepreneurship Education: Entrepreneurship should be a mandatory part of all educational curricula, with a focus on nurturing the entrepreneurial spirit from a young age. 3. Supportive Ecosystem: Establish thousands of venture clubs, incubators, and accelerators in schools, colleges, and districts to support budding entrepreneurs. 4. Competitions and Challenges: Organize competitions to inspire and develop entrepreneurial talent, creating a large pool of young entrepreneurs who can turn problems into business opportunities. Bizstart is proud to work with educational institutions, communities, and the government to drive this mission forward and empower the next generation of entrepreneurs. #YouthUnemployment #Entrepreneurship #EducationReform #JobMarket #India #Startups #bizstart #YouthEmpowerment #FutureOfWork #Bizstart #Innovation #RaviVenkatesan #highereducation University Grants Commission (UGC)

Entrepreneurship has experienced remarkable growth in India, emerging as a vital driver of economic and social development The GUESSS India 2023 Report highlights that 32% of students aspire to start their own ventures, showcasing a strong entrepreneurial spirit among youth. Factors such as increased access to entrepreneurial education, government support, and digital tools have further fueled this trend, making it an attractive career path for many young individuals.

Alakh Pandey, the founder and CEO of Physics Wallah (PW), has gained recognition as one of India's top young entrepreneurs, as highlighted in the Hurun List of under-35 performers. At the age of 32, he leads a prestigious edtech company based in Noida, which is valued at over Rs 9,100 crore (around $1.1 billion). His journey from humble beginnings in Uttar Pradesh to establishing a billion-dollar educational platform is both remarkable and inspiring. Despite being a prominent figure in the Indian edtech landscape, the title of the richest teacher in India is often attributed to him, although conclusive data supporting this assertion remains absent. Pandey plays a significant role in helping students prepare for competitive exams such as the UPSC, CAT, and IIT-JEE. His story serves as an example for many unsuccessful candidates, demonstrating that perseverance and determination can lead to success despite challenges. Little known is Pandey's early ambition to become an actor, which he pursued through local dramas. Financial hardships forced his family to make sacrifices for his education, including selling their home to support him and his sister. Achieving exceptional academic performance, he scored 91 percent in Class 10 and 93.5 percent in Class 12. His teaching career began at the age of 22 in his hometown, where he initially earned a monthly salary of Rs 5,000. Pandey’s journey faced setbacks, including his failure to clear the IIT entrance exam; however, he completed his education at Harcourt Butler Technical Institute. During the COVID-19 pandemic, he began posting educational videos on YouTube from a small room, which ultimately led to the creation of Physics Wallah. His company has grown substantially, employing over 500 teachers and 100 technical staff, and boasting over 100 million YouTube subscribers. With an estimated net worth exceeding Rs 2,000 crore, Pandey exemplifies the transformative impact of resilience and hard work. He has not only amassed significant wealth but has also dedicated himself to aiding countless students in achieving their educational aspirations. Follow us startupshivay #investupmedia #startupfounder #startupbusiness #startups #startupindia #entrepreneurs #entrepreneurship #entrepreneurmindset #makeinindia #madeinindia #indianstartups #business #businessman #startupculture

Bihar is rapidly transforming into a dynamic hub for startups, gaining recognition in India’s innovation ecosystem. The state has been actively creating an environment conducive to entrepreneurship through strategic policies, infrastructural development, and strong institutional collaboration. Under the leadership of IAS Bandana Preyashi, Secretary of Industries, the state is pushing forward with efforts that nurture innovation, empower entrepreneurs, and provide the necessary support to scale businesses. Key Initiatives Driving Growth: - Financial Support: The Bihar Startup Policy offers seed funding of ₹10 lakhs, post-seed funding of ₹15 lakhs, and matching funds up to ₹50 lakhs for startups raising investments from SEBI CAT-I AIFs. Special incentives are provided to women and SC/ST entrepreneurs, promoting inclusivity. - Incubation Ecosystem: Bihar has collaborated with 21 premier institutions, including IIT Patna, NIT Patna, and IIM Bodh Gaya, to create incubation centres offering advanced lab facilities, mentorship, and funding opportunities. - B-Hub Impact: Managed by CIMP and IIT Patna, B-Hub serves as a co-working and co-learning space, providing entrepreneurs with mentorship, workshops, and networking opportunities. Since January 2023, over 225 sessions have been conducted, engaging more than 100 industry professionals. Success Stories: - Rodbez: A one-way cab booking platform with ₹4 crore turnover, featured on Shark Tank. - Digital Labour Chowk: A platform connecting labourers with job opportunities, boasting a turnover of ₹1.2 crores. - Weavehand: An online platform promoting Indian craftsmanship in global markets. Bihar's focus on innovation, inclusive growth, and fostering entrepreneurship is paving the way for the state to become a key player in India's startup ecosystem. Read on- https://lnkd.in/dNQeAZYB . . #Startups #Bihar #Entrepreneurs #GlobalMarket #BiharStartupPolicy

🚀Outreach Program for Igniting the Entrepreneurial & Startup Spirit in School & College Students 🌱 Last Friday, IIT Bhubaneswar Research and Entrepreneurship Park, organized an interactive outreach program at Kendriya Vidyalaya (KV) No. 4 , Niladri Vihar aimed at inspiring and guiding school students towards the path of innovation, research, and entrepreneurship. The key highlights of the event was an insightful session by Dr. Naresh Chandra Sahu, who shared the intricacies of starting a startup, shedding light on the challenges and opportunities that come with entrepreneurship. Dr. Sahu also emphasized on the role of startups in nation and community building along with the vital role that REP IIT Bhubaneswar plays in supporting aspiring entrepreneurs by offering mentorship, guidance, and resources to help them navigate the startup ecosystem. Ms. Shabina Khatoon spoke about the entrepreneurial ecosystem at REP IIT BBS detailing the comprehensive facilities and support available to budding innovators. She also stressed the importance of instilling entrepreneurial qualities in school students, urging them to develop skills to succeed in the fast-evolving world of startups. The program also witnessed the valuable presence of the Ms. Dharitri Satapathy , PRO, IIT Bhubaneswar, along with few of faculty members from the school, who contributed to making the session even more impactful. Key takeaways from the event:  🔹 Understanding the Entrepreneurial Journey and Challenges 🔹 The Role of REPIIT Bhubaneswar in Supporting Startups 🔹 The Need for Entrepreneurship Education in Schools 🔹 Opportunities for Students to Get Involved in Research and Innovation It was truly inspiring to witness the curiosity and enthusiasm of the students, and we are excited to continue fostering a culture of innovation and entrepreneurship among the youth. Let’s keep empowering future leaders to think creatively and make a positive impact through innovation! #Innovation #Entrepreneurship #REP IIT BBS #IITBhubaneswar #Startups #Research #KV4 #NiladriVihar #YouthEmpowerment #FutureEntrepreneurs #EcosystemSupport #CommunityEngagement #100Cube #KendriyaVidyalaya Startup Odisha Startup India 100 Cube IIT Bhubaneswar Ministry of Micro, Small and Medium Enterprises, Government of India

Bihar Startup Policy, 2022 🚀 Exciting Opportunities for Startups in Bihar! Bihar’s Startup Policy is paving the way for innovation and entrepreneurship with a range of funding support and incentives! Here’s what you can expect: 🔹 Seed Funding Support:Startups can avail interest-free loans of up to ₹10 Lakhs for 10 years, helping you kickstart your business journey. 🔹 Early Stage Funding:Get access to free valuations, angel investors, and additional financial support. Plus, enroll in recognized acceleration programs with assistance of up to ₹3 Lakhs! 🔹 Scale-up Funding:Bihar is partnering with SEBI-registered AIFs and Venture Capital Funds to provide substantial backing, with a focus on startups based in the state. 🔹 Zero Cost Patents:The government will bear all costs for filing domestic patents and offer reimbursements for foreign patents—making it easier to protect your innovative ideas. 🔹 Special Incentives for SC/ST, Women, and Differently-Abled Entrepreneurs: Additional grants and exemptions are available, with 22% of the funding corpus reserved for SC/ST entrepreneurs. If you're looking to turn your startup dream into reality, Bihar’s Startup Policy is the support system you need. Let’s innovate and grow together! 🌟 For more details or assistance in availing these schemes, feel free to connect with FinGuard. Our team of experts is here to help guide your business towards success. #startup #FinGuard