Financial planning and deciding on which are the primary area where I should invest at the early stage of my bussiness.
Giving kick start to business activity as I am feeling as stuck between which kind of service I should focus first (as my idea comprises of 3 different service lines)
How to create an effective business operation process to be followed
Actions I’ve taken so far
I have registered my venture.
I am giving career guidance sessions and creativity management workshops
I have started approaching students who are interested into innovation and looking for guidance and suitable platform
I have been gathering inputs from various stake holders
I have started reaching to various industry experts to find scope of research and innovation related to their operational area
My future goals
To create infrastructure to carry out various tech innovations in various T2 and T3 cities. Different facilities required for any tech innovations will be availed to innovators under one umbrella.
My motivations to work with a mentor
As I am a passionate learner, learning from the respected mentor's experience will be my personal motivation.
Another motivation is as our culture teaches us, we do respect a Guru as next to God and having the mentor as your guru to walk towards your goal is not less than a bliss. The value of this bliss worth for any student to nurture their life . Though I believe in myself to make my dream true, but I do believe to make the dream worthy, guidance of right Guru/Mentor is very much essential.
About my venture
SANISA Research and Development Center
Talking about development happening in the world, the center of those happening is Innovation and Discovery. In the present era where sustainable life has been becoming challenging day by day. Starting from climate change to criminal justice, in every field the challenge is increasing day by day. With increase in the challenges and the awareness towards those challenges have raised need of new segment for business and new business practices. These all can be addressed only through innovation and creativity!
Though human brains are capable of generating enormous idea, every idea may not suitable for the market. Most of the organization face failure in adopting new idea or new product as working on new idea involves high risk factor due to following challenges such as:
Heterogeneous nature of research and innovation activity
Developing common language and common concept in the area of R&D services
Insufficient IP protection
Linking the front-end open innovation to the back-end business
Lack of effective implementation and monitoring mechanisms,
Insufficient amount of data available, inter-institutional co-operation and policy design – especially in relation to public
Requirement of funds without guaranteed ROI
Making human resources to be skilled for various research and innovation activities
Hence the idea I-Inn is proposed to address the above challenges by providing services to carry out various research and innovation activities for electronic industry seamlessly.
Scope of the idea:
The idea is designed as:
The unit is setup to work with 3 segments
Service: To provide various R&D services to customers
Skill Development: To facilitate various programs focusing on skill training for students and professionals depending on the industry requirement
In-house innovation wing: It focuses on developing various tech-based solutions to address various challenges associated with waste management and alternate energy.
Automation tool for R&D activity management
Game based virtual activity platform to enhance and encourage creativity among students and professionals.