Matoshri Education Society's

Approved by: All India Council for Technical Education (AICTE), New Delhi. Directorate of Technical Education, Maharashtra.
Affiliated to: Savitribai Phule Pune University, Pune, Code:1121. (DTE Code: MB5122) Accrediated By NAAC

  • Matoshri Education Society's

    Matoshri College of Management &
    Research Centre, Eklahare, Nashik

    [DTE Code: MB5122] Accrediated By NAAC

Entrepreneur Development Cell

Introduction

Entrepreneurship is increasingly recognized as an important driver of economic growth of a country. Even Govt. of India has recognized the importance of entrepreneurship and has introduced programs like "Make in India" & "Start-up India".

The aim of Entrepreneurship Development Cell (EDC) at Matoshri College of Management and Research Center Nasik is to develop and strengthen entrepreneurial qualities in the budding professionals who are interested in starting their own ventures. The EDC also assists all the aspirants with mentoring, planning and execution of their start up idea into a real business. The EDC has maintained a pool of Sponsors like banks, national entrepreneurship training agencies and suppliers, who are willing to aid budding entrepreneurs.

Hence an Entrepreneurship Development Cell was constituted in the college with a dedicated team of actively working faculty who has an industry exposure along with some student representatives. Aspiring engineer entrepreneurs are groomed with the necessary inputs on how to be a successful entrepreneur through workshops and seminars by eminent people from the industry. We encourage the students to consider self-employment as a career option, providing necessary training in Entrepreneurship skills through standardized courses. The cell also organizes different activities and events from time to time to train and motivate the students on entrepreneurship.

Vision:
Our vision is to aid the growth of our society by enabling entrepreneurs with integrity & sustainability and encourage individual ability and creativity.
Mission:
To be the leader in enabling & facilitating entrepreneurs, support the sparks of budding entrepreneurs and manifesting the spirit and energy of young students from ideation to start-up to establishment and scaling up with integrity and sustainability through constant guidance & mentoring through various programs and schemes.
Functions:
Start-up India

Start-up India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage start-ups with jobs creation. The campaign was first announced by Prime Minister Narendra Modi in his 15 August 2015 address from the Red Fort. It is focused on to restrict role of States in policy domain and to get rid of "license raj and hindrances like in land permissions, foreign investment proposal, environmental clearances. It was organized by Department of Industrial Policy and Promotion (DIPP). A start- up is an entity that is headquartered in India which was opened less than five years ago and has an annual turnover less than Rs. 25 crore (US$3.7 million). The government has already launched iMADE, an app development platform aimed at producing 1,000,000 apps and PMMY, the MUDRA Bank, a new institution set up for development and refinancing activities relating to micro units with a refinance Fund of Rs. 200 billion (US$3.0 billion).

The Stand-up India initiative is also aimed at promoting entrepreneurship among SCs/STs, women communities. Rural India's version of Start-up India was named the Deen Dayal Upadhyay Swaniyojan Yojana. To endorse the campaign, the first magazine for start- ups in India, The Cofounder, was launched in 2016.

Key Points
  • Single Window Clearance even with the help of a mobile application
  • 10,000 crore fund of funds
  • 80% reduction in patent registration fee
  • Modified and friendlier Bankruptcy Code to ensure 90-day exit window
  • Freedom from mystifying inspections for 3 years
  • Freedom from Capital Gain Tax for 3 years
  • Freedom from tax in profits for 3 years
  • Eliminating red tape
  • Self-certification compliance
  • Innovation hub under Atal Innovation Mission
  • Starting with 5 lakh schools to target 10 lakh children for innovation program
  • New schemes to provide IPR protection to start-ups and new firms
  • Encourage entrepreneurship.
  • Stand India across the world as a start-up hub
Government Role

The Ministry of Human Resource Development and the Department of Science and Technology have agreed to partner in an initiative to set up over 75 such start-up support hubs in the National Institutes of Technology (NITs), the Indian Institutes of Information Technology (IIITs), the Indian Institutes of Science Education and Research (IISERs) and National Institutes of Pharmaceutical Education and Research (NIPERs). The Reserve Bank of India said it will take steps to help improve the ease of doing businesses in the country and contribute to an ecosystem that is conducive for the growth of start-up businesses

Action Plan

Start-up India: The Prime Minister of India, Shri Narendra Modi had this year in his Independence Day speech announced the Start-up India Initiative. This initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive for growth of Start-ups. The objective is that India must become a nation of job creators instead of being a nation of job seekers. The Prime Minister of India will formally launch the initiative on January 16, 2016 from Vigyan Bhawan, New Delhi. The event will be attended by a vast number of young Indian entrepreneurs (over 2000) who have embarked on the journey of entrepreneurship through Start-ups.

As a key component of this “Start-up India” launch, Government of India is organizing a global workshop on “Innovation and Start-ups” on January 16, 2016. Shri Narendra Modi, Prime Minister of India will be the Chief Guest on the occasion. This workshop aims to provide a platform to bring together all stakeholders, stimulate dialogue on key challenges that the Indian innovation ecosystem currently faces, and provide the potential solutions to address them. Fostering a fruitful culture of innovation in the country is a long and important journey. This initiative will go a significant way in reiterating Government of India’s commitment to making India the hub of innovation, design and Start-ups.

Steps to Starting a Business

Starting a business involves planning, making key financial decisions and completing a series of legal activities. These 10 easy steps can help you plan, prepare and manage your business. Click on the links to learn more.

  • Step 1: Write a Business Plan
    • Use these tools and resources to create a business plan. This written guide will help you map out how you will start and run your business successfully.
    • Define your vision: What will be the end result of your business?
    • Define your mission: Different to a vision, your mission should explain the reason your company exists.
    • Define your objectives: What are you going to do -- what are your goals -- that will lead to the accomplishment of your mission and your vision?
    • Outline your basic strategies: How are you going to achieve the objectives you just bulleted?
    • Write a simple action plan: Bullet out the smaller task-oriented actions required to achieve the stated objectives.
  • Get Business Assistance and Training

    Take advantage of free training and counseling services, from preparing a business plan and securing financing, to expanding or relocating a business.

  • Choose a Business Location

    Get advice on how to select a customer-friendly location and comply with zoning laws.

  • Finance Your Business

    Find government backed loans, venture capital and research grants to help you get started.

  • Determine the Legal Structure of Your Business

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

  • Register a Business Name ("Doing Business As")

    Register your business name with your state government.

    Learn which tax identification number you'll need to obtain from the IRS and your state revenue agency.

  • Register for State and Local Taxes

    Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance.

  • Obtain Business Licenses and Permits

    Get a list of federal, state and local licenses and permits required for your business.

  • Understand Employer Responsibilities

    Learn the legal steps you need to take to hire employees.

  • Find Local Assistance

    Contact your local SBA office to learn more about how SBA can help.

Registration of Start-up
  • Option 1: An entity can register itself through MCA or Registrar of Firms using the existing processes and subsequently register itself on the Start-up India portal and mobile app as a “Start-up” to avail the benefits.
  • Option 2: An entity can register itself through the Start-up India portal and mobile app using a seamless process. This facility would be made available in the second phase of the Start-up India portal and mobile app launch.
  • Log in to Start-up India Portal
  • Choose your legal entity
  • Input your incorporation/registration number
  • Input your incorporation/registration date
  • Input PAN Number (optional)
  • Input your address with postal code & state
  • Input authorized representative details
  • Input director(s)/partner(s) details
  • Choose and upload supporting documents and self-certification
  • Incorporation/registration certificate of company/LLP/Partnership
  • Registration to avail tax and IPR
  • Certify the official notification terms and conditions

Structure

Objectives

The objective of this cell is to develop spirit of Entrepreneurship among the students. Activities of this cell include Arranging Awareness Programmes, Mentoring Students and Assisting in getting financial support for Startups.

Minutes Of Meeting ED Cell

Entrepreneurship Meets

Entrepreneurship Meet-2019

  • 22 Oct 2019

Entrepreneurship Meet-2018

  • 20 Oct 2018