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.