CHANDIGARH,25.03.22-The Institution Innovation Council, Mehr Chand Mahajan DAV College for Women, Chandigarh organised a session on ‘How to Develop Proof of Concept for Innovative Ideas/Pitching Event for POCs Developed and Linkage with Innovation Ambassadors for Mentorship Support’. Innovator Ms. Shivanshi Vashist, Managing Director, Micro Radical 360 Degree Pvt. Ltd. was the resource person for this informative session. Ms. Vashist motivated the students to explore career opportunities in entrepreneurship. She elucidated the four steps of Business Plan viz., Ideation Stage, Proof of Concept, Prototype and Manufacture. The chief principles of SWOT (Strengths, Weaknesses, Opportunities and Threats) Analysis which assess internal and external factors, as well as current and future potential, were explained in detail. Ms. Vashist also enlightened the students about the grants and funding for prototype stage that are available from BIRAC, Government of India, and many other international private agencies. The students actively participated in the session and sought answers to their queries during the discussion.
Principal Dr. Nisha Bhargava lauded the initiatives of MCM IIC directed towards creation of an ecosystem that supports culture of innovation and entrepreneurship among students. She added that such an ecosystem is imperative for creation of an 'Atmanirbhar Bharat'.