Re: [MTC Global] [Weekend Discussion] Unlocking Entrepreneurial Potential by Removing Barriers to Finance

Dear All,

"The best way to get started is to stop talking and start doing" - Walt Disney

• Business incubators with their dedication to startup and early-stage companies - here is one case study I found quite interesting: http://www.startupvillage.in/about.html 
• Startup Village; Kinfra High Tech Park; Kalamassery, Kochi, Kerala, INDIA; Phone: +91 484 2110799 E-mail: info@startupvillage.in

Thanks and regards,

G.S.Autee

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From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Usha Gowri <usha.gowri@gmail.com>
Sent: Tuesday, December 30, 2014 7:28 AM
To: join_mtc@googlegroups.com
Subject: Re: [MTC Global] [Weekend Discussion] Unlocking Entrepreneurial Potential by Removing Barriers to Finance

 

I am a member of TiE and must agree about the fab work they do.Everyone here is right and so right-Virendraji captures reality and Divya-yes we have to follow compliances ,which every right thinking person does go through.But here is my question-why make it tedious? Why should I spend days and days standing and filing papers because the person handling it is ineffective? who pays for those man hours or woman hours that I am wasting? Why can't we simplify?

Virendraji: every one of the facts you have mentioned is real-and everyone of those is a systemic failure  which can be set right.But to allow systemic failures that can easily be set right to torpedo entrepreneurship in this country is inexcusable.

I am reiterating what I said-we have the finest of documents-be it funding by banks, be it RTE ,be it MDG, be it anything;,execution sucks.Period. People behave as if it were their private monies and behave like dogs in the manger.Business and Entrepreneurship are one side of the coin-the other name for them  is risk and managing risk is where we show our strength

Gowri.

 ELM, Azim Premji Foundation 

President, CORE Foundation 

www.corefoundation.org

President,Chilume 

Mentor—MTC Global Student Chapter

https://www.facebook.com/TheChubbyUnicorn/app_117784394919914

You're never given a dream without also being given the power to make it true.
~Richard Bach

"The world is full of abundance and opportunity, but far too many people come to the fountain of life with a sieve instead of a tank car... a teaspoon instead of a steam shovel. They expect little and as a result they get little." ~ Ben Sweetland

On Mon, Dec 29, 2014 at 2:38 PM, Kuldeep Nagi <kuldeepn@hotmail.com> wrote:

Yes, in USA we have a saying "only fools put their money in banks." Those with a bit of knowledge will put in places where it can yield better return. For start ups there are plenty of opportunities to get funding. TIE, an NGO in USA is doing an excellent job of providing guidance and assistance to start ups.

Kuldeep

Sent from my iPad

On Dec 29, 2014, at 2:43 PM, Virendra Goel <goel.virendra@gmail.com> wrote:

We cannot compare ourselves with US model because of one simple reason that interest available on savings in the bank is negligible, hence there is an opportunity for those who do not mind taking financial risk to become Venture capitalist.

Regards

Virendra Goel

 

From: join_mtc@googlegroups.com [mailto:join_mtc@googlegroups.com] On Behalf Of Prof. Bholanath Dutta
Sent: Sunday, December 28, 2014 8:54 PM
To: join_mtc@googlegroups.com
Subject: [MTC Global] [Weekend Discussion] Unlocking Entrepreneurial Potential by Removing Barriers to Finance

 

Easy access to fund can have positive effect on the entrepreneur spirit of the country. One of the reasons why the US has been a base for many highly successful start-ups is because the country offer enumerable amount of avenues to raise low-cost finance.

The government, from developing economies, should have fiscal policy that incentivises big corporate to invest in start-ups or entrepreneurial ventures outside their companies. This has the possibility of unleashing the entrepreneurial potential of young people and help start-ups to grow and generate employment for the country.

 

How Colleges in India can play a signifcant role in this space?

 

Educate, Empower, Elevate

Prof. Bholanath Dutta

Founder, Convener & President

<image001.jpg><image002.jpg>

www.mtcglobal.org  I www.mtcglobalaward.org I www.knowledgecafe.org I

www.theglobepost.in I Cell: +91 96323 18178 I +91 81520 60465 I +91 7411716392

Email: president@mtcglobal.org I president@mtcglobalaward.org I

president@knowledgecafe.org I ISO 9001: 2008 I  United Nations Global Compact

 

 

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