From: Prof. Newman Fernandes, Principal <[EMAIL PROTECTED]>
Be Your Own Master
A three day entrepreneurship awareness camp was conducted by
Fr. Agnel Institute of Entrepreneurship Development, Verna, Goa,
in association with the Commerce Department of St. Xavier's
College, recently, in the College hall for the students of
T.Y.B.Sc. Computer Science, Electronics and Industrial Chemistry. The camp was officially inaugurated by Principal Newman
Fernandes who, in his inaugural address, stressed the importance
of value addition to the academic subjects taught in College so
as to prepare students for employment. He also highlighted the
fact that the current generation of Goan Youth aren't venturing
as entrepreneurs, as a result of which many entrepreneurs from
outside the State are taking the initiative to do so, thus having
the Goans no choice but to work under these entrepreneurs. Mr.
B. Rajasekhar, HOD of Commerce, welcomed the faculty and
participants.
Mr. Anthony Pacheco, the speaker for the first day, explained the concept of entrepreneurship and the current trends in opportunities for employment in the State. He urged them to develop a positive attitude and to seek entrepreneurship opportunities. He enlightened the students about the fact that the opportunities for jobs, specially government jobs, is almost nil - thanks to the large number of professionals being churned out from Goa's many professional Colleges.
In inspiring the students, he urged them to be motivated and encouraged them to motivate others. Mr. Pacheco advocated "Positive thinking" among the students and show to make the best of a bad situation, and to seek opportunity under such circumstances. He encouraged students to look out for all possible prospects and develop the right attitude and hinking patterns.
Mr. A. C. Kamat, a retired Gazetted officer addressed the students on how to set up SSI (Small Scale Industry) units, the regulations and formalities involved, financial schemes available, subsidies granted, etc. He spoke to the students of the emerging importance of small scale industries and the opportunities available through various schemes of the government and of private firms in providing finance. Among these were government schemes by EDC and NSIC and various other government undertakings which provide financial aid. Private organizations include commercial banks and other institutions. He later guided the gathering through the entire process of how one could set up a small industry and the legal formalities involved along with the break up of the loans that can be given for setting up cottage, small, medium and large scale industries and other procedures followed. Mr. A. Gracias shared his views on identification of opportunities for entrepreneurship through different means such as SWOT (strengths, weaknesses, opportunity, threats) analysis and Mish Mash questionnaire. He stated that the requirements for a successful entrepreneur are 85%. Enterprise management skills and 15% technical skills. He stated a number of technical approaches for finding the opportunities for an entrepreneurship endeavour. He also stressed the importance of visiting exhibitions organized in order to gain information about different trends and new ventures that could be undertaken. Mr. Gracias encouraged students to read newspapers, which provide a wide window of ideas and opportunities.
Mr. Karapurkar enlightened the students further on the government schemes for loans, financial aid and technical assistance to small scale industries.
Mr. Atul, a successful entrepreneur, the last speaker for the
final day shared his personal experiences; as an entrepreneur of
a unit that manufactures generators. He briefly described the
management of his establishment, and its remarkable achievements. He also shared the trials and tribulations he encountered
throughout the process of setting up the company. He advocated
private firms for loan facilities over government schemes, for
their assurance, as compared to government facilities.
The end of this session marked the conclusion of the camp which was indeed successful in providing the students with information about "Be Your Own Master" concept of Entrepreneurship.
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