And on Friday finally after a long wait it got inaugurated.The Club also announced its collaboration with NEN.
The program started with Lighting of Lamp and invocation and then with a power punched Speech from Dr.Sengupta.
So what is this NEN…?
The National Entrepreneurship Network (NEN) is a network of academic institutions across India performing research and developing and delivering world-class education, skill-building programs, networking activities and company-starting assistance to new, high-growth entrepreneurs.
How did NEN start ?
NEN was launched in 2003 through an India-wide selection process to select the Founding Partner Institutions to anchor this network. The five NEN Partners are: NEN Advisors who selected the Founding NEN Partners are:
Birla Institute of Technology and Science – Pilani
Indian Institute of Technology – Mumbai
Indian Institute of Management – Ahmedabad
Institute of Bioinformatics and Applied Biotechnology – Bangalore
S P Jain Institute of Management and Research – Mumbai.
NEN Advisors who selected the Founding NEN Partners are:
Ms. Kiran Mazumdar-Shaw, Mr. Jerry Rao, Ms. Naina Lal Kidwai, Mr. Sunil Mittal, Mr. Harsh Mariwala, Prof. Howard Stevenson and Romesh Wadhwani.
What is ultimate goal of NEN ?
To launch 2,500 entrepreneurs who will create a minimum of 500,000 jobs by 2014. This will create as much value for the Indian economy over the next 10 years as the IT industry has over the past 15.
So what role is NEN going to play in the club…?
NEN along with the advisor board and the core faculty of SIESCOMS… (Includes SenGupta Sir and Subramaniam Sir) will design a course structure which helps the students with ideas and passion to become an entrepreneur. Not only the course structure, it will also help students to draft the business Proposal, to approach Venture Capitalists, to participate in various business plan competitions etc. OK…Back to the inauguration…after the speech by the Dean… the Chief Guest “Sunita Singh” from NEN released the official logo of “SIESCOMS ENTREPRENEURSHIP CLUB”. Then we had a tête-à-tête with her.. were she explained how NEN is going to help the students of SIESCOMS…and the method by which it is currently done.
STRATEGY…
In her words “NEN will inspire thousands of talented individuals to choose entrepreneurship, and equip them to build companies that are more successful, on a larger scale, creating 100,000’s of new jobs. A crucial part of NEN is the network. Linking institutions in a formal network allows for a whole much larger than the sum of the parts. Every participating institution will be able to leverage the resources created by other NEN partners, allowing for enhanced offerings. Participation in joint activities creates opportunities for larger networks, and continued sharing of ideas. The NEN interaction will significantly enhance the effectiveness, quality, scale and reach of each individual participant in the network. Research performed by NEN partners will increase our understanding of the needs, contributions and characteristics of entrepreneurs and their ventures. This in turn will allow for the development of ever-more effective world-class offerings tailored for emerging markets. NEN Partners and NEN Affiliates will offer courses, course content and cases, experiential learning opportunities such as internship, networking events, mentorship programs, and company starting assistance including incubation. And I am looking forward for more entrepreneurs from SIESCOMS.”
She also helped us to understand the difference between an Idea and a viable Idea and how NEN and SIESCOMS help in creating successful businesses of Ideas.
And then the program ended with Subbu sir telling us tales about successful Entrepreneurs… (Steve Jobs, Larry Page, Narayan Murthy etc..) . And why he respected all the members in the club. Because he believed he was in midst of Indian Bill Gates…
