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M.C.E.SoCiEty’S
ABEDA INAMDAR SENIOR COLLEGE OF ARTS, SCIENCE & COMMERCE,
PUNE.
DEPARTMENT OF ECONOMICS ORGANISES
Poster Presentation entitled
ENTREPRENEURSHIP Date : 8th September 2015.
The Department of Economics on the occasion of Silver Jubilee Celebration of our college started new
programme ‘ARTHOSAV’. The programme was organized from 8th to 10th September 2015. This year the
theme of ARTHOSAV was ‘ Entrepreneurship For Youth.’
On the first day i.e. 8th Sept. 2015, the poster presentation entitled ENTREPRENEURSHIP
was done by the department. It was for basic information about entrepreneurship like why
entrepreneurship?, Types of entrepreneurship, what should be done to be an successful entrepreneur,
Entrepreneurship process, Advantage of promoting youth entrepreneurship, Successful women
entrepreneurs, data pertaining to women entrepreneurship, basic problems faced by women
entrepreneurs, Social entrepreneurship concept, typical sectors of social entrepreneurship, Social
entrepreneurship in India, comparison of entrepreneurship and social entrepreneurship etc.
Preparation work going on ….
Felicitation of Vice Principal Dr. Shaila Bootwala
Dr. Shaila Bootwala, Vice principal of our college inaugurated the poster presentation. She
appreciated the efforts done by the department of Economics to present the posters. Even she
appreciated the matter and its attractive and systematic presentation.
Dr. Shaila Bootwala appreciating the posters
The students from the Department of Economics with Dr. Shaila Bootwala
WHY ENTREPRENEURSHIP ?
Opportunities and support are available
Create self employment
Promote innovation
Build communities
Alleviate psycho-social problems and delinquency
Youth Unemployment is High
Help to Create Wealth and Contribute to the Economy
THINK ENTREPRENEURAL
WHAT MATTERS
MOST IS WHO
OWNS THE CUP!
TO BE SUCCESSFUL
Improve your knowledge of the industry
Be creative
Expand business through reinvesting profits and
diversifying
Study likely changes in business environment
TO BE SUCCESSFUL ENTREPRENEUR STUDY CUSTOMERS KEEP ThE FOCUS
THINK OUTSIDE THE BOX CREATE WEALTH
DEVELOP CREATIVE SOLUTIONS Risk taking
ENTREPRENEURSHIP PROCESS
AdvAntAge of promoting youth
entrepreneurship
More employers
Employees who better understand business
More innovative and socially responsible enterprises
More jobs (most likely jobs for other young people)
Better informed consumers
SUCCESSFUL WOMEN ENTREPRENEURS IN INDIA
Source : Women & Entrepreneurship in India 2012 Study BY Women’s Web
DR. KIRAN MAZUMDAR-SHAW
Chairman & Managing Director of Biocon Ltd.
She founded Biocon India in 1978 – the initial operation was to extract an enzyme from papaya.
Today, her company is the bigget biopharmaceutical firm in the country.
EKTA KAPOOR Creative head of Balaji Telefilms, is the daughter of
Jeetendra and sister of Tushar Kapoor. She has
been synonymous with the rage of soap operas in Indian TV, after her most famous venture ‘Kyunki
Saas Bhi Kabhi Bahu Thi’ . Ekta dominates Indian
Television.
NEELAM DHAWAN Managing Director, Microsoft India,
leads Microsoft India. She is a graduate
from St. Stephens College in 1980,and
also passed out from Delhis Faculty Of
Management studies in 1982.
NAINA LAL KIDWAI
She was the first Indian woman to
graduate from Harvard Business
School. According to the Economic
times, she is the first woman to head
the operations of a foreign bank in
India. ( HSBC)
INDU JAIN The multi-faceted lady used to be the
Chairman of the Times Group-The
most powerful and largest Media house
India has known. Indu Jain is known by
many different identities but most
prominently she played the role of
the Chairman of Times Group.
SIMONE TATA She has been instrumental in changing a
small subsidary of Tata Oil Mills into the
largest cosmetic brand in India – LAKME,
synonymous today with Indian Fashion. At
present she is the Chairperson of Trent
Limited, a subsidary of Tata Group.
MALLIKA SRINIVASAN
She is currently the Director of TAFE-
Tractors and Farm Equipment, India,
was honoured with the title of Businesswoman
of the Year during 2006 by the Economic
Times. She joined the company in 1986 and
has since been responsible for accelerating
turnover from 85 crores to 2900 crores
within a span of 2 decades.
PREETHA REDDY
Managing Director of Apollo Hospitals,
Chennai, one of the largest healthcare
conglomerates of India, is one of the
pioneer business woman of India in the
segment of Health Care Industry.
WOMEN ENTREPRENEURS SURVEY 2012 By Women’s WeB SAYS…………
DISTINCTION BETWEEN
ENTREPRENEURS & SOCIAL ENTREPRENEURS
ENTREPRENEUR SOCIAL ENTREPRENEUR
Exceptional ability to see new opportunities
Targeting under-served/disadvantaged/ broken markets
Determination to take those opportunities
Large scale and transformative change
Unflinching willingness to take inherent risk
Ethical process to reach that change (beyond compliance)
Sees that a suboptimal equilibrium = OPPORTUNITY
Sees a stable but unjust equilibrium (not just suboptimal)
Outcome focused-Creative destruction
Is able to take the opportunity to reach new equilibrium
SOCIAL ENTREPRENEURS IN INDIA VINOBA BHAVE ,’ Bhudan’ BABA AMTE- ‘Anandwan’ DR.GOVINDAPPA VENKATASWAMY AND THULSIRAJ RAVILLA- ‘Arvind Eye Care’ CAPTAIN GOPINATH-‘Air Deccan’ DR.VERGHESE KURIEN- ‘Father of India’s Milk Revolution’ DR.M.S SWAMINATHAN –M. S Swaminathan Research Foundation VINEET RAI-‘Aavishkaar’ DR.DEVI SHETTY- Narayana hospitals ANSHU GUPTA-‘Goonj’ CHETNA SINHA- ‘Mann Deshi Mahila Sahakari Bank’ and ‘Mann Deshi Foundation’ ELA BHATT-‘SEWA’ BUNKER ROY-‘Barefoot College’ MUDHU PANDIT DASA -‘ISCKON’ BHUSHAN PUNANI AND HARISH HANDE- ‘SELCO’ SUMITA GHOSE-‘Rangsutra’ SALONI MALHOTRA-‘DesiCrew’ BINDESHWAR PATHAK- ‘Sulabh’ ARUNACHALAM MURUGANATHAM-‘Jayashree Industries’
SOCIAL ENTREPRENEURSHIP
It is an attempt to draw upon business
techniques to find solutions to social
problems. This concept may be applied to
a variety of organizations with different
sizes, aims, and beliefs
MODERN VIEW OF SOCIAL
ENTREPRENEURSHIP
Social entrepreneurship in modern society
offers an altruistic form of
entrepreneurship that focuses on the
benefits that society may reap.
Challenges FaCed By soCial enterprises
Hiring / Retaining Qualified Staff
Raising Capital
Building The Value Chain
Providing The Model’s Scalability
Navigating The Regulatory Environment
Regional Inclusiveness
Investment Exits
Developing / Refining A Business Plan
Typical secTors of invesTmenT of
social enterprises
AFFORDABLE HEALTHCARE
e.g.- Affordable healthcare providers reduce the cost of service delivery through
innovative operating models.
AFFORDABLE HOUSING
e.g. Affordable housing developers create economic value by minimizing construction cost and completion time
through integrative technical solutions and process innovations
WATER AND SANITATION
e.g. -Typical working models for sanitation management are household toilets, pay-and-use community
toilets and ‘ecosan’ toilets where toilet waste is used to create biofuel.
LIVELIHOOD PROMOTION
e.g. promote livelihoods and those that facilitate skill development. In most livelihood enterprises, the producers
or artisans hold majority ownership.
.Typical secTors of invesTmenT of
social enterprises … .
FINANCIAL INCLUSION
Microfinance Institutions (MFIs) act as financial intermediaries, offer products and processes
aimed at serving economically weaker sections of the society.
AGRICULTURE
e.g. - Supporting the value chain pre-harvest or post-harvest market links as well as those
involved in the dairy production and market linkage.
ENERGY
e.g. - Enable access to environmentally friendly, affordable energy. Roof-top solar lighting
and low smoke cook stoves are some of the initiatives in this space.
EDUCATION
e.g.- Social enterprises are very active in the education of the under privileged children.
These enterprises cater from early childhood to adulthood and exist in formats
such as pre-schools and after-school classes, e-learning
and vocational and skill development institutes.