By: Roshnikumar Yambem
Do you have a killer business idea or concept but don’t know how to start your business? You have the business idea but reluctant to take the risks? You want to start the business but don’t have the fund?
If your answer is YES and you have the conviction that becoming an Entrepreneur is the ultimate goal of your life, then this event, Dynamic Startup 1.0, is for YOU.
Startup - is a buzzword today in every corner of the world. Startup Events turn out to be the most catalytic platform and launch pad for Aspiring Entrepreneurs across the world to realize their dream of becoming a successful Entrepreneur. Startup Weekends, Startup Bootcamp, Bootcamp I/O, Lean Startup Machine are some of the globally recognized Startup Events happening in major cities of the world including Metro cities of India.
Realizing the need of creating such a platform for the aspiring Manipuripreneurs, Dynamic Manipur, one of the most responsible social organizations has created a localized version of Startup Event by terming it “Dynamic Startup”. The event is being organized by the Dynamic Manipur in association with MIMS - Manipur University, Gobizs Web Solutions Pvt Ltd & WOL Media, along with a few dozen of other sponsoring partner organizations.
This year, Dynamic Startup 1.0, is going to be happened on Oct 10 & 11 as a two days event at Auditorium of MIMS, MU. The event is based on the Lean Startup Methodology which is a globally accepted scientific approach for validating a business idea by using the scientific tools like Business Canvas, Lean Canvas, Javelin Board etc. Such an event simulate the real life experience of being an entrepreneur and its business process so that the entrepreneurs can gain maximum learning about his or her business idea. The overall objective of such an event is to reduce the risk of business failure, shorten the timeline of idea to market, scale up the business through private funding.
In the first day of the event, the entrepreneurs will get in depth knowledge about how to apply Lean Startup Methodology in their business ideas. The knowledge will be imparted by those entrepreneurs who already had been practicing Lean Startup. The entrepreneurs will get mentorship from the coaches and they will need to get out of the room to interact with their prospected customers to get the first hand information of the market and their idea. The business idea will be pivoted and iterated by consulting with their mentors till the profitable business idea is found. In the second day, the entrepreneurs will get the opportunity to showcase their business ideas and plan to a panel of juries who are usually highly successful entrepreneurs. The top three best business ideas will get cash award as well as other recognitions. And the top 10 business ideas will get six months of mentoring program at Startup Incubation program run by Globizs Web Solutions & WOL Media. Incubation program is a follow up to the Dynamic Startup event to handhold the entrepreneur until they succeed by providing the mentoring, technical support and financial support through private investors. And also the winners get Advertising Credit from Manipur Times for showcasing their ads to the 1,35,000 online user base of ManipurTimes.com
Be an Entrepreneur, Serve the Society!!!
About the author:
Roshnikumar Yambem, is the Founder & Managing Director of Globizs Web Solutions Pvt Ltd and Project Director, Enterpreneurship Division, Dynamic Manipur.