Released on: October 1, 2007, 5:46 am

Press Release Author: PRHUB

Industry: Education

Press Release Summary: The IIT Kharagpur (KGP) Technology Alumni Association (TAA) -
Bangalore Chapter is creating a platform for aspiring entrepreneurs to present their
business plans and receive valuable advice on the same. The basic mission and
objectives of this Event are to encourage, enthuse, and mentor the young Alumni of
IIT KGP, who wish to create their own business enterprises.

Press Release Body: IIT KGP's Technology Alumni Association in initiative to promote
entrepreneurship

"Celebrating Entrepreneurship" to be the theme for Enterprise KGP 2007
High-profile panel to provide inputs on business plans of wannabe entrepreneurs
Angel investment on offer for interesting ideas

Bangalore, October 1, 2007: Bangalore, the entrepreneurial capital of India, is all
set to witness another signature event that aims to promote entrepreneurship. The
IIT Kharagpur (KGP) Technology Alumni Association (TAA) - Bangalore Chapter is
creating a platform for aspiring entrepreneurs to present their business plans and
receive valuable advice on the same. The basic mission and objectives of this Event
are to encourage, enthuse, and mentor the young Alumni of IIT KGP, who wish to
create their own business enterprises. Enterprise KGP is scheduled to have a
Business Session where the Business Plans of potential Entrepreneurs will be
presented to a Group of experienced expert Panelists. Prof. Damodar Acharya,
Director, IIT-Kharagpur has consented to inaugurate the meet scheduled at Bangalore
on October 6, 2007 at the KSCA Club. If you are interested in presenting a Business
Plan, or if you wish to attend Enterprise KGP, just to renew contacts with fellow-
Alumni, please contact : Priyanka at 99860.10945 or e-mail:
iitkgpbangalore@gmail.com.
The distinguished Panelists for Enterprise KGP include Mr Anal Jain, NASSCOM and TiE
Mentor, and Entrepreneur; Dr Sridhar Mitta, Founder Managing Director, CTO , e4e
India; Mr. S N Rajesh, Director, UTI Ventures; Mr Pawan Kumar, Deloitte and Touche,
Bangalore; and Prof Parameshwar P Iyer, Department of Management Studies, Indian
Institute of Science.
Says Prof. Acharya, "Our alumni are playing and shall continue to play a very
important role in projecting the image of this Institute to the outside world. More
specifically, I appreciate our alumni contributing intellectually to the institute's
growth. We shall create avenues, establish facilities so that alumni can contribute
to the education, research, and outreach efforts of IIT KGP. Simply sharing their
experiences and views with the students will go a long way in inspiring our students
to become better engineers, scientists, entrepreneurs and professionals. I call upon
the alumni either under the banner of the TAA or IIT Foundation could create a
knowledge-web, that besides creating an opportunity for the alumni, could be used by
existing students, present and former faculty to interact and exchange views"




According to Dr.Sridhar Mitta, an eminent entrepreneur and technology expert, "For
the entrepreneurs, this would be extremely helpful as they right now have limited
avenues to get candid inputs and advice on their ideas and ventures. Besides, the
fellowship of the Institute makes it more conducive for such inputs to be given and
taken in the same spirit. I am happy and honored to be part of the panel."
According to Prof. Parameshwar Iyer, Honorary President of the Bangalore Chapter
"Today there are a lot more KGPians bubbling with new ideas or piloting their new
ventures. All they need is the right platform, the right advice and help. This high
quality panel with seasoned entrepreneurs and mentors will do just that. The offer
of angel investment makes it all the more tangible and exciting for those who are
presenting. It is also an honor that we have the new Director of IIT-Kharagpur
joining us for the event. We are happy to play our role in acting as a catalyst to
the growing number of entrepreneurs among KGPians and we will be doubly happy if
their ideas and ventures take better shape due to this interaction.
The Technology Alumni Association (Bangalore Chapter) is focused on promoting
professional interactions amongst the Alumni of IIT Kharagpur who are staying in
Bangalore. The Chapter is committed to increasing the networking and action-oriented
missions, to increase the contributions of the Alumni to the Alma Mater. The Alumni
Association focuses on initiatives to promote excellence and quality in Technology
and Management, Innovation and Leadership, by strengthening the linkages between the
Alumni and the Alma Mater, namely, IIT Kharagpur.
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