The Bihar Entrepreneurship Association started Bihar Entrepreneurship Summit in 2016 with the aim to make Bihar a “pro-startup” state and Bihar government launched the Bihar Start-up Policy in 2017 with Rs. 500cr fund with the aim of making Bihar the most preferred destination for entrepreneurs and start-ups. The 2017 start-up policy aims to make Bihar as the most preferred destination for start-ups and entrepreneurs by leveraging the potential of local youth through a conducive start up ecosystem for inclusive growth in the State.

The Envison Cell (E-Cell), recognize this opportunity to be the part of an upcoming entrepreneurship revolution in Bihar and with your support we would like propose to host the “Youth Entrepreneurship Summit” event this year on your behalf. We as an Institute of National Importance and having the best management mettle in Bihar would be very instrumental in providing the right platform for hosting this event and providing the selected startups with industry expert guidance & your financial support from your networks.

Indian Institute of Management Bodh Gaya is cognizant of its responsibility towards the nation and society at large. Entrepreneurship at IIMBG is viewed as an endeavour to create and nurture the legacy of a responsible B-School driven by the contemporary business environment as the nation witnesses an unprecedented surge in efforts to escalate entrepreneurship. IIM Bodh Gaya has a dedicated Entrepreneurship Cell named Envision cell whose mission is to find and facilitate potential and promising entrepreneurs and function as a catalyst for creation of sustainable business models in Bihar, and beyond. We aim to accomplish this by promoting entrepreneurship cognizance, capacity building, collaborations and community engagement. We at E-cell of IIM Bodhgaya is here to water the ideas in the bud and help them bloom into impactful endeavours through networking student enterprises from campus to incubators, seed funds, angel investors to transform the newly proposed ideas into successful start-up.

In order to fulfil this object IIM-Bodhgaya’s Envision cell organized Youth Entrepreneur Summit 2020 on 24 and 25th January 2020. The aim of this conference is to foster entrepreneurial initiatives and activities in the IIM campus. YES provides a platform for the ‘aspiring entrepreneurs’ to have hands-on experience before they can finally enter the market. It brings together the academic community, venture capitalists, new age entrepreneurs and all those passionate about entrepreneurship to a common ground.

YES envisaged to create an environment that empowers innovators, particularly youth to take their ideas to the next level. Through one day of networking, mentorship workshop and a platform to compete against the best start-up ideas nationwide. Topics emphasised in YES 2020  included Beyond VC: Finding the Right Startup & Funding model,  Changing Scenario in the Indian Startup Eco-System and Application of Technology in current Indian Startup Ecosystem: Challenges and Opportunities, Tata’s contributions to India’s emerging entrepreneurship ecosystem.

The eminent guest in the event were:

• Arijit Bhattacharyya ( CEO Virtual infocom, Angel Investor and serial entrepreneur)
• Dhirendra Kumar ( General Manager, NABARD, Bihar Regional Office, Patna)
• Pankaj Kumar (Head Training Capability Development Human Resource Management, Tata Steel
• Ravi Ranjan (Ex-NASSCOM, Ex-IAN, Start-up Advisor- Govt. of Kerala & Govt. of Jharkhand)
• Major Vandana Sharma [International Women Asia Pacific 2017, LinkedIn Top Voice 2019, Military Veteran]
• Gaurav Gupta [CMD, MWASH]
• Abhishek Kumar Gupta [Founder of 3 successful ventures next big brand, Upskill and hacker space]
• Abhishek Kumar [General Secretary, Bihar Entrepreneurs Association (BEA)]
• Ritu Kant Ojha [CEO-WIVLYD, Author –‘Real Conversations in Digital Age’]

Along with panel discussion and keynote address the event is followed by Start-up hunt competition. Where, team best from India’s best B-school participated in the event with full enthusiasm. As a part of a young institute, the Entrepreneurship Cell at IIM Bodh Gaya is committed to metamorphose into a premier and productive resource centre for creation and diffusion of entrepreneurial learning and contribute to the development of a thriving entrepreneurial ecosystem that is inclusive of innovation, enterprise, sustainability and skill expansion. The aim of this start-up competition is to help start-ups in ideation phase to transform their ideas into working business models. It will also help the existing start-ups to develop their existing markets and get valuable insights to enhance their business strategy.