IIT KGP’s Technology Alumni Association in initiative to promote entrepreneurship

“Celebrating Entrepreneurship” to be the theme for Enterprise KGP 2007
High-profile panel to provide inputs on business plans of wannabe entrepreneurs
Angel investment on offer for interesting ideas

Bangalore, October 3, 2007: Bangalore, the entrepreneurial capital of India, is all set to witness another signature event that aims to promote entrepreneurship. The IIT Kharagpur (KGP) Technology Alumni Association (TAA) - Bangalore Chapter is creating a platform for aspiring entrepreneurs to present their business plans and receive valuable advice on the same. The basic mission and objectives of this Event are to encourage, enthuse, and mentor the young Alumni of IIT KGP, who wish to create their own business enterprises. Enterprise KGP is scheduled to have a Business Session where the Business Plans of potential Entrepreneurs will be presented to a Group of experienced expert Panelists. Prof. Damodar Acharya, Director, IIT-Kharagpur has consented to inaugurate the meet scheduled at Bangalore on October 6, 2007 at the KSCA Club. If you are interested in presenting a Business Plan, or if you wish to attend Enterprise KGP, just to renew contacts with fellow- Alumni, please contact : Priyanka at 99860.10945 or e-mail: iitkgpbangalore@gmail.com.
The distinguished Panelists for Enterprise KGP include Mr Anal Jain, NASSCOM and TiE Mentor, and Entrepreneur; Dr Sridhar Mitta, Founder Managing Director, CTO , e4e India; Mr. S N Rajesh, Director, UTI Ventures; Mr Pawan Kumar, Deloitte and Touche, Bangalore; and Prof Parameshwar P Iyer, Department of Management Studies, Indian Institute of Science.

Says Prof. Acharya, “Our alumni are playing and shall continue to play a very important role in projecting the image of this Institute to the outside world. More specifically, I appreciate our alumni contributing intellectually to the institute’s growth. We shall create avenues, establish facilities so that alumni can contribute to the education, research, and outreach efforts of IIT KGP. Simply sharing their experiences and views with the students will go a long way in inspiring our students to become better engineers, scientists, entrepreneurs and professionals. I call upon the alumni either under the banner of the TAA or IIT Foundation could create a knowledge-web, that besides creating an opportunity for the alumni, could be used by existing students, present and former faculty to interact and exchange views”

According to Dr.Sridhar Mitta, an eminent entrepreneur and technology expert, “For the entrepreneurs, this would be extremely helpful as they right now have limited avenues to get candid inputs and advice on their ideas and ventures. Besides, the fellowship of the Institute makes it more conducive for such inputs to be given and taken in the same spirit. I am happy and honored to be part of the panel.”
According to Prof. Parameshwar Iyer, Honorary President of the Bangalore Chapter “Today there are a lot more KGPians bubbling with new ideas or piloting their new ventures. All they need is the right platform, the right advice and help. This high quality panel with seasoned entrepreneurs and mentors will do just that. The offer of angel investment makes it all the more tangible and exciting for those who are presenting. It is also an honor that we have the new Director of IIT-Kharagpur joining us for the event. We are happy to play our role in acting as a catalyst to the growing number of entrepreneurs among KGPians and we will be doubly happy if their ideas and ventures take better shape due to this interaction.
The Technology Alumni Association (Bangalore Chapter) is focused on promoting professional interactions amongst the Alumni of IIT Kharagpur who are staying in Bangalore. The Chapter is committed to increasing the networking and action-oriented missions, to increase the contributions of the Alumni to the Alma Mater. The Alumni Association focuses on initiatives to promote excellence and quality in Technology and Management, Innovation and Leadership, by strengthening the linkages between the Alumni and the Alma Mater, namely, IIT Kharagpur.
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