Wednesday, July 11, 2007

Motto of Creating enterpreneurs

WHAT WE CAN DO TO HELP THE ENTERPRENEURS

Evaluating business opportunities and risks
Creating business plans
Designing and managing new ventures
Launching technology-based businesses
Structuring finances
Implementing marketing and strategic planning initiatives
Providing consulting services
Understanding the legal issues of entrepreneurship
Identifying international entrepreneurship trends and developments

WE solicits the best business plans from students, alumni, and faculty at all higher education/graduate-level institutions from India. The goals of the our initiative is:

Support students, alumni, and faculty researchers in their entrepreneurial endeavors.
Encourage the commercialization of promising ideas and the development of new ventures.
Build bridges between our Center and the Indian business community.
Add a special incentive to new business startups
Serve as a catalyst for economic development and new business growth in India and especially in Bihar.

Economic transport and business idea

Rickshaws advertising products of Coke, Bisleri, Dena Bank and Priya Gold? Yes. Sammaan, a Delhi-based organisation, has launched rickshaws that will do so.

These rickshaws are owned by the organisation but are driven by persons found eligible by Sammaan. Rickshaws have been given for free. The entire earning from the rides goes to the rickshaw driver while the profit from the sales of water, soft drinks, etc, gets shared between Sammaan and the driver.

The organisation gives the driver free uniform, identity card, bank accounts and an insurance cover of Rs 2 lakh. However, the driver needs to pay a maintenance fee of Rs 10 a day for the rickshaw. A passenger travelling in a cycle rickshaw can now have the luxury of sipping a Coke or Pepsi apart from listening to music via a headphone while he travels.

Moreover, he also gets an insurance cover of Rs 1 lakh. In addition, these rickshaws are becoming an effective way of advertising and brand promotion for companies and are an emerging trend in outdoor media. The good news is that the fare charged for a ride in these rickshaws is the same as in a regular rickshaw.

"We are also in advanced talks with Zandu Pharmaceuticals, Coca Cola and Dabur, and are hopeful of getting advertising contracts from them," said Irfan Alam, director of Sammaan.

The organisation expects Rs 10,000-15,000 a year from a single rickshaw. It has signed a contract worth Rs 1.26 crore with Priya Gold to advertise its brands on 1,500 rickshaws for a period of one year.

Sammaan currently has about 100 rickshaws running in Noida and Ghaziabad, and another 100 in Patna. By February, it will have rickshaws running in Agra, Meerut, Gurgaon and Chandigarh.

Sammaan also plans to install telephones in these rickshaws, which will add to the income of the driver as well as the organisation. It is also considering addition of value added services like payments of electricity and telephone bills through the rickshaw driver. Powered by

Creative mind

Reawakening the creative mind

The human mind has long fascinated psychologists
Helen Briggs BBC News Online
Australian scientists say they have created a "thinking cap" that will stimulate creative powers.
The invention raises the possibility of being able to unlock one's inner genius by reawakening dormant parts of the brain.
This shock finding will challenge many of our conventional views regarding creativity
Steve Williams, Institute of Psychiatry It is based on the idea that we all have the sorts of extraordinary abilities usually associated with savants.
According to scientists at the Centre for the Mind in Sydney, these hidden talents can be stimulated using magnetism.
Professor Allan Snyder and colleague Elaine Mulcahy say tests on 17 volunteers show their device can improve drawing skills within 15 minutes.
They intend to submit their work for publication in a scientific journal.
The news, reported in Chemistry and Industry magazine, has been given a cautious welcome by experts in the UK.
'Unconscious skills'
Professor Steve Williams, of the Institute of Psychiatry in London, said Professor Snyder was a highly respected international scientist and he was looking forward to reading the scientific paper.

Many autistics are accomplished artistsHe told BBC News Online: "This shock finding that everyone might possess unconscious skills that can be 'switched on' with magnetic stimulation will challenge many of our conventional views regarding creativity."
The inspiration for the device comes from savant syndrome, a condition portrayed in the Hollywood film Rain Man.
Savants are extraordinarily gifted. They may have amazing memories or excel at maths, music or art. But they also have developmental disorders such as autism.
Mind state
One theory behind savant syndrome is that the right side of the brain overcompensates for damage to the left hemisphere.
The skills most often seen in savants are those associated with the right side.
Savant syndrome
Rare condition in which persons with various developmental disorders have astonishing abilities or talents
Savants also have a prodigious memory
Typical savant skills include music, art, and mathematical skills
About 10% of persons with autistic disorder have some savant skills According to Professor Snyder, it might be possible to train someone to access this state by controlling their brain waves.
David Potter of the National Autistic Society, a UK charity, said the research was fascinating.
"Some scientists believe that the essence of creativity is not a state of mind but an activity," he told BBC News Online.
"Whether Snyder and Mulcahy's research will enable the expression of savant skills without accompanying impairments remains to be seen."