Entrepreneurship at SRM Amaravati: Ennovab-The pulse of Engineering College
“It’s not about ideas. It’s about making ideas happen,” said Scott Belsky, Cofounder of Behance as he spoke of entrepreneurship. His wise words hold a lot of truth as it is often seen with brilliant minds that come up with exceptional ideas, which unfortunately don’t see the light of the day. They need honing, follow-up, and strategic execution.
Those exact words sum up the role of Ennovab at SRM University, Amaravati. The Entrepreneurial Innovation Lab is a student-led activity, which has fostered an ecosystem on campus that is shaping entrepreneurs who lead the way. Sowing the seeds of innovative and entrepreneurial thinking amongst students, it aims to take them closer to their business goals.
Silicon Valley work culture to Amaravati
Ennovab is the brainchild of Piyush Mitra K, Vatsal Rathod, Tuhin Sarkar and Aayushi Biswas, students of SRM University, Amaravati. During their semester abroad program at University of California, Berkeley, they realised the need for a student-led entrepreneurial lab back home to foster the startup culture, which has been at its peak in the Silicon Valley.
What followed were discussions with honorary delegates of Sutardja Centre for Entrepreneurship and Technology. Their guidance was complemented by the strong support the students received from the management of SRM University, Amaravati. That gave birth to Ennovab, which strives to imbibe the renowned business ethics of Silicon Valley.
What does Ennovab do?
In a short period, Ennovab has nurtured entrepreneurial dreams of teams that are now well on their way in their startup journeys. With innovation at the forefront, it’s not surprising that several of these startups have focused on Internet of Things, Artificial Intelligence as well as Extended Reality. That’s blending technology with entrepreneurship for best results.
But it all begins with the desire to add value to the world. New members of Ennovab driven by the goal are mentored through the various stages of startups – ideation, validation, market research, business model construction and finally, venture capitalist presentations. Case studies, brainstorming sessions are a common practice as Ennovab members meet.
Some of the other crucial aspects of the startup journey are networking and making pitches. Through Pitch Days and Founders speed dating events, Ennovab gives its members a taste of what to expect as they venture out into the world of entrepreneurs. Talks by startup heads and gurus, give them insights to navigate their challenging and exciting realm of startups.
India’s growing economy needs more entrepreneurs to take it to its pinnacle. With its activities, Ennovab is playing its part in the startup revolution in the country.