With the goal of providing a space for students to build their business the 'Kristu Jayanti Incubation Center' (KJIC) was inaugurated on August 29, 2016 at Kristu Jayanti College. Mr. Subash Dhar, Co-Founder and CEO, Commerce Mint was the Chief Guest of the day.
With the tag line Innovate, Implement and Succeed, the incubation center aims to help the students of the college build a business by providing them with Management Training, Business Plans and prototypes to successfully venture into an enterprise. The college has joined hands with Sherpify an organization that aids budding startups to build business by providing them mentoring, guidance and training to make their dreams and ideas into reality.
Mr. Subash Dhar, Co-Founder and CEO, Commerce Mint, shared his experiences on starting business in his early years and also talked about the equity participation in a business. “Venture Capitalists shouldn’t be the reason to stop chasing your dreams and to start a business” said Mr. Dhar. He also shed light about the importance of funding in a startup. By pointing out the common misconceptions that exists among youngsters while starting a business he also spoke about the driving factors that make a business model a success.
Earlier while delivering his presidential address, Rev. Fr. Josekutty P D, Principal, Kristu Jayanti College, spoke about the importance of taking risks and chasing one’s dreams. “The aim becomes a practical dream only when you have an idea and work with perseverance to make it a reality” commented. He appreciated the faculty Coordinators who worked for the creation of the incubation center.Furthermore while stressing on the importance of start-up’s in India, he said, “India is one of the blooming grounds to start a business for a young entrepreneur.”
Mr. Sanjeev Sukumaran, Co-Founder, Sherpify talked about the working structure of a business organization and recalled that its high time to start a business as we are in a conjecture of opportunities and resources that will help to excel in the world of business Mr. Sukumaran remarked “The risk taking ability and the drive to increase the momentum of success is a key factor in the sustainable growth of a startup.” He also briefed the audience about Sherpify the company that will closely work with Kristu Jayanti Incubation Center. Also, added on the benefits of working with an Incubation Center exclusively built inside the campus.