To encourage entrepreneurs bring alive their business dreams, Woxsen School of Business hosted the second TiE-Woxsen Entrepreneurship Program in July. The six-day residential workshop was structured as two long weekends with a working break in-between.
23 participants - entrepreneurs at an early stage of their business and aspiring entrepreneurs – registered for the workshop to learn what it really takes to start and manage a business. Successful businesspeople from TiE-Hyderabad and faculty of Woxsen took the participants through the life-cycle of a start-up in a very well-structured framework. Among the modules covered were:
• Validating the business idea
• Converting the idea into a sound business plan
• Developing the marketing and sales plans
• Staffing the positions with the right personnel
• Foundations of finance
• Funding the venture and managing cash flows
• Converting the start-up into a success story
Two of the workshop mentors fine-tune the business strategies of the participants
Among the eminent mentors at the workshop were Syama Peela and Viiveck Verma of TiE-Hyderabad, Sanjay Jesrani of Go North Ventures, Sreekanth of Hyderabad Angels, Suresh Reddy of Lycos, Bharat Lingam of Purple Talk, Bhanu Cherukuri of Cherukuri Ventures and the faculty team from Woxsen – J. C. Wandemberg, Arvind Subramanyam, Costas Andriopoulos, Manto Gotsi, Ramasubramanian, Apurva Sanaria and Vikas Mehta. What a delightful blend of businesspeople and academicians! The workshop ended with participants presenting their final business plans. Four of the teams will be vying for angel funding on 19th August when they face a jury of investors at Hyderabad.
The delighted participants enjoyed their stay at Woxsen’s state-of-the-art campus near Hyderabad.
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