The Bengal Chamber of Commerce and Industry (BCCI) has launched a new initiative to mentor students from an institute in West Bengal, with the aim of creating a new line of market-ready entrepreneurs. The oldest business institution in India, and one of the oldest in Asia, it signed a Memorandum of Understanding (MoU) with the University Institute of Technology, Burdwan University, on Saturday, finalising the programme.
As per the MoU, valid till March 2020, two members of the BCCI will be providing on-campus mentoring to the students of the institute, which is a constituent of the Burdwan University. Through this programme, the institution is renewing its efforts to encourage and support the growing list of budding entrepreneurs in the state with unique industry insights, along with enhanced entrepreneurial knowhow and business acumen.
In addition to that, the chamber has also launched a Women Entrepreneurship Cell, aimed at encouraging more and more women to take up entrepreneurship, to create sustainable businesses that can offer enhanced social utility.
Rajesh Singhal, AVP of Bennett Coleman and Co Ltd, stated at an entrepreneurship summit, “Success of start-ups does not depend on external funding. It is not necessary. One has to make business more sustainable for customers.”
B B Chatterjee, Director, ITC Infotech India Limited, and president of BCCI, said that uncertainty is always a major factor in entrepreneurship, and running a business requires a mix of knowledge and following one’s instincts.
Previously, in October, the business institution had entered into a partnership with US-based consulting firm Frost & Sullivan, to create a research cell for the state. While the funding for the project is to be provided by the US company, BCCI would focus on several sectors like agriculture, MSME, healthcare, and skill development. The Chamber also plans on collaborating with many other premier institutes in West Bengal, along with expanding to several districts in the state, through local branch offices.