Session on "Angel Investment/VC funding Opportunity"
24th August 2023
Institution's Innovation Council (IIC), Ministry of Education (MoE) Dronacharya College of Engineering, Gurugram organized a seminar on the topic “Angel Investment/VC Funding Opportunity for Early-Stage Entrepreneurs” was held on 24th August 2023 for the final year students. The resource person’s for the seminar were Mr. Abhimanyu Srivastava( Product Manager, U20pia Mobiles ), Ms. Aayushi (SDET, Eurofins Scientific) and Ms. Deepika Dang ( Consultant, forensic ccs KPMG India).
Resource Person’s highlighted the concept of Angel investors. Further insights were provided on the Angel investor’s networks and how they work. The session also focused on the types and critical advantages of Angel investors. Further, the role of Venture Capital in nurturing budding startups was explained. Its various advantages and the primary distinction between angel investors and venture capital were discussed in-depth with the students.
Entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.
An entrepreneur is a person who creates a new business venture with all the possible risks. He is the person who brings an idea to the table for a new business. Then he acquires resources, labor, and capital to set up the business, produce goods and services.
VC Funding or venture capital funding is capital that you get from investment groups that work with startups and small businesses. These groups oversee the money of investors who want to invest in companies with strong growth potential in exchange for an equity share in the business. VC funding is one way for small businesses to get money to start or grow their business.
The students with entrepreneurial interests were highly benefitted and motivated by the session. The session ended with a students’ question/ answer and interaction session, where many of the students can be seen to have significant interest and potential to become successful entrepreneurs in the future.