Congratulations , Dr Anil Sahsrabudhe
What for ?
For taking a truly revolutionary step which will
transform the “ Entrepreneur Eco System “
in India
What step ?
AICTE
( All India Council for Technical Education ) just issued following
directive to to all 10,400 technical
institutes – including engineering colleges and universities :
# Set up
Incubation Centres ( compulsory )
# Arrange
frequent interaction of students and faculty members with industrialists,
entrepreneurs, alumni and other key
stakeholders , to inspire students to take up
INNOVATION PROJECTS that
can later be fleshed out into START UPS
[ source : https://www.dnaindia.com/india/report-incubators-mandatory-for-technical-institutes-aicte-2742298 ]
Any thoughts on
how this directive should get translated into explicit ACTION PLAN ?
I urge Dr Sahasrabudhe to consider my following E mail
, sent earlier to all Policy Makers :
[ TEN
MILLION ENTREPRENEURS ? 19 Oct 2015 ]
Extract :
Here is how we can produce a generation of ENTREPRENEURS , 5
years from now ( if we start NOW ) :
* Introduce " Entrepreneurship " as an mandatory subject in
High Schools
and Colleges
* Each such School / College to be " Adopted
" by a Corporate ( CSR ? )
* Each adopting Corporate will bear the full expense
of running this
course ( Teachers' Salaries etc )
* Such expense to be tax-exempt ( or offset as
Corporate CSR obligation )
* Exams to be in the form of presentation by teams
of final year students
on,
" HERE IS A
BUSINESS
I PLAN TO START "
* Presentations to be judged by Panels of Venture
Capitalists / Angel
Investors / Incubators etc
* Winning teams ( 1st / 2nd / 3rd prize ) , to
be offered funds by the
Panel Members ( as seen in some TV
programs )
Fund amounts should be small ( Max Rs
100 lakhs ) and preference to
be given to projects involving
healthcare / education / manufacturing /
agriculture / food processing etc
* Winning Teams , setting up Start Ups with these VC funds , to be
encouraged to hire graduating students
from the non-winning teams
This " encouragement " to be
in the form of reimbursement of salaries of
such hires ( only such hires ), under
" Employment Generation
Subsidy "
from concerned State Government , where
this Start Up gets registered ,
since , employment is a State Subject
Such Salary-reimbursements will
be for first 3 years of Start Up
To create an entire GENERATION of ENTREPRENEURS , we need to start at
the roots
Some years later , when this FIRST generation becomes parents of
their own 10 year olds , those SECOND generation youngsters will have
entrepreneurship in their genes !
This is one way of preparing a GM ( genetically modified )
Generation , to which , there ought to be all round support
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