Entrepreneurship Development Cell

EDC Meeting Minutes
- 1st Meeting Minutes

Brainware University is committed to honing our graduates with entrepreneurial excellence. In today’s rising economy, cultivating self-reliance and creating entrepreneurship and startups are one of the main driving forces behind development in our country. To help assist our students on their business path, the Business Incubation Center of our university has built an Entrepreneurship Development Cell (EDC), on (date) with a committee consisting of a group of faculty members and student representatives. The EDC's primary objective is to cultivate and strengthen entrepreneurial skills in the aspiring professionals involved in starting their own projects and to enable students to find self employment as a viable career option.It is our conviction that proper technological and infrastructural support can help students turn their creative ideas into goods and services that change the very face of society.

Vision

Our mission is to help our community grow by providing entrepreneurs dignity and high moral values with a vibrant support network to achieve the heights of achievement. We will strive to provide students and faculty members with a platform for creating, innovating, incubating and realizing their entrepreneurial dreams by "thinking outside the box”.

Mission

To encourage and promote the growth of upcoming entrepreneurs, support the sparks in them by fostering the innovative energies of young students and directing them on every step of the way, from the concept to the startup to the enterprise and by continuous encouragement and mentoring with integrity and sustainability.

Objectives

To act as an centralized forum for the provision of various resources and information to assist in the development of the young entrepreneurs.
Developing a healthy entrepreneurship culture in the parent institution and other institutions in the field, and supporting the goals of the National Science and Technology Entrepreneurship Development Board (NSTEDB), including development programs on the development of women and weaker sections of the society.
To facilitate closer relations between the parent body, business and R&D institutions and other relevant organizations working to support small and medium sized enterprises ( SMEs), including NGOs and other voluntary organizations.
To catalyze and promote development of S&T based Enterprises and promote employment opportunities.
To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and Micro Enterprises.

Functions

To organize Entrepreneurship Awareness Camps, Entrepreneurship Development Programmes and Faculty Development Programmes in the region for the benefit of S&T persons and encourage self employment.
To develop and introduce curriculum on Entrepreneurship Development at various levels including degree/diploma courses of the parent institution and other institutes in the region.
To conduct research work and survey for identifying potential areas for entrepreneurial opportunities (particularly in S&T areas and Service sector).
To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support systems and information on various technologies
To act as a Regional Information Centre on business opportunities, processes, technologies, market, etc. by creating and maintaining relevant databases. To render advice to sick enterprises and assist the entrepreneurs in rehabilitating them.
To provide testing, calibration, quality assurance, design, tool room, pilot plant and other facilities for Entrepreneurs besides expertise in Intellectual Property rights, Patents search, etc.

The Members

Sl. No.	Name & Designation
	Professor Sankar Gangopadhyay, VC, BWU
	Prof. Sanghamitra Kundu, Director - IQAC, BWU
	Ms. Mahua Pal, Registrar, BWU (Trust Nominee)
	Dr. Hironmoy Mondal, Director - Research, BWU
	Mr. Jyotirishwar Kumar, Assistant Registrar, BWU (Chairperson-EDC)
	Ms. Anandita Das, Assistant Registrar, BWU
	Dr. Shivnath Ghosh, Associate Professor, Department of Computer Science and Engineering, BWU
	Dr Sriparna Dey, Assistant Professor, Department of Allied Health Science, BWU
	Mr. Sayantan Ghosh, Assistant Professor, Department of Biotechnology, BWU
	Mr. Pankaj Kumar Sanda, Assistant Professor, Department of Electronics & Communication Engineering, BWU
	Dr Mainak Mal, Assistant Professor, Department of Pharmaceutical Technology, BWU
	Dr. Arindam Ghosh, Assistant Professor, Department of Management, BWU (Convener - EDC)
	Mr. Abhradeep Chatterji, Assistant Professor, Department of Cyber Science & Technology, BWU
	Dr. Kaushik Banerjee, Associate Professor, Department of Law, BWU
	Dr. Rajesh Bose, Associate Professor, Department of Computational Science, BWU
	Ms. Satavisha Haldar, Assistant Professor, Department of Law, BWU
	Mr. Harsh Arora, Regional Head, Bada Business (External Member)
	Mr. Rabin Roy, Founder of SunCraft Energy & Founder of Sunstiknow Advisory Private Limited (External Member)

Steps to Starting a Business

Starting a business involves planning, making key financial decisions, and completing a series of legal activities. The 10 easy steps flow chart can help to plan, prepare and manage the business.

Step 1: Business Plan

Creating a business plan.

Define vision: What will be the outcome of the business?
Define mission: What are the reasons of company existence.
Define objectives: What to do -- what are the goals -- that will lead to the accomplishment of the mission and vision?
Outline your basic strategies: How to achieve the objectives
Write a simple action plan: Point out the smaller task-oriented actions required to achieve the objectives.

Step 2: Business Assistance and Training

Collaborate with right people for free training and counselling services, from preparing a business plan and securing financing, to expanding or relocating a business.

Step 3: Decide on a Business Location

Learn to find a customer-friendly location and comply with zoning laws.

Step 4: Finance Your Business

Learn about government backed loans, venture capital, and research grants to help get started.

Step 5: Determine the Legal Structure of the Business

Decide which form of ownership is best: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, non-profit or cooperative.

Step 6: Register Business Name ("Doing Business As")

Register the business name with state government.Learn which tax identification number will be needed to obtain from the IRS and state revenue agency.

Step 7: Register for State and Local Taxes

Step 8: Obtain Business Licenses and Permits

Prepare a list of federal, state and local licenses and permits required for the business.

Step 9: Understand Employer Responsibilities

Learn the legal steps to hire employees.

Step 10: Find Local Assistance

Contact local Small Business Administration (SBA )office to learn more about how SBA can help.

For detailed Information & Query, please contact:

Mr. Jyotirishwar Kumar, 8013571611, asstregistrar@brainwareuniversity.ac.in

Dr. Arindam Ghosh, 8981858806, ag.mgmt@brainwareuniversity.ac.in

Entrepreneurship Development Cell (EDC)

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