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Best entrepreneur to be selected on Oct 8

Correspondent KOHIMA, SEP 28 (NPN)
Published on 29 Sep. 2013 12:38 AM IST
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With the objective of enhancing business, entrepreneurship and employability skills 18 selected entrepreneurs underwent a five-week course conducted by professional experts in various business fields, to participate in the “Impact 5000 by 18” competition on October 8 carrying a winner’s prize of Rs.5 lakh.

The chief mentor and prize sponsor for the event is entrepreneur Rajeev Chandrashekhar Rajya Sabha MP.

The five-year campaign was earlier lauded on August 30 by minister of youth resources and sports Merentoshi Jamir at Hotel Vivor Kohima.

The campaign’s objective is to create a sustainable economy for Nagaland besides enhancing the lives of Naga youth with practical skills.

Expressing gratitude to the Governor of Nagaland & Manipur Dr Ashwani Kumar for his hospitality and also interacting with the 18 entrepreneurs at Raj Bhavan Saturday , YouthNet director Hekhani Jakhalu told media persons at The Heritage(Old DC Bungalow) that the aim of the five-week training was to make “these young entrepreneurs as role models”.

YouthNet member, Lezo Putsure said the first programme “Impact 5000 by 18” campaign, titled “The Entrepreneur” was designed to enhance the business skills of the 18 young entrepreneurs selected to undergo the five-week course that included a combination of class room lectures, case study discussions, group activities and individual project development assignments.

The resource persons were professionals from the business field, employee management, operations management, marketing and finances etc.

He said the courses were shaped with relevance to the local business environment and that the emphasis throughout was on learning what was practically applicable in being a business-participant.

He said the participant entrepreneurs will be made to develop their own “business growth plan” learnt during the course, to make elevator pitches within eight minutes to Rajeev Chandrashekhar at the grand finale on October 8.

The next phase would utilise the experience of the 18 to enhance business, entrepreneurship and employability skills for 5000 youths of Nagaland by 2018.

Entrepreneur Richard Belho revealed that YouthNet was trying to get some potential investors where around five can partner with the entrepreneurs.

Chief Mentors for the campaign included- Dr. Krishna Tanuku, Executive Director, the Wadhwani Centre for Entrepreneurship Development at the Indian School of Business, Hyderabad.

The courses were conducted by-- Dr Rahul Mirchandani- Executive Director of Aries Agro Limited; Ashok Kumar Meda- CEO of Shri Prabha Global Management Exchange Exim; Rohan K Abraham- president Pledgeback Advisory Services; Hemant Nitturkar- the Project Development Officer, India for AVRDC- the World Vegetable Center, Taiwan; Neichute Doulo, CEO of Entrepreneurs Associates and Dr.Abhijit Sharma, Associate Professor at Indian Institute of Banking Management, Guwahati, Assam.

The campaign is a collaboration between department of Youth Resources and Sports and YouthNet. The competition day will be held on October 8 at Hotel Vivor at 5 p.m.

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