REPORT ON 'WINGS 2 VISION', A BUSINESS PLAN COMPETITION ORGANIZED BY
PTVAIM CENTRE OF ENTREPRENEURSHIP AND INNOVATION (COEI)
Parle Tilak Vidyalaya Association's PTVA's Institute of Management, through its Centre of Entrepreneurship and Innovation (COEI) had clearly stated its intension of not only training students to be good business managers but also providing a strong backing to all those who aspire to become ‘job creators’, through its one day National Conference on 'Be a Job Creator...Not a job seeker on January 21, 2017. In its pursuit of encouraging entrepreneurial ventures, PTVAIM's COEI had organized training based Business Plan Competition titled as 'Wings to Vision', on 12 and 13 January 2018.
The competition was exclusively for the current undergraduate and post graduate students of the colleges and institutes run by Parle Tilak Vidyalaya Association (PTVA), who had workable business idea.
- Sathaye College, Vile Parle (East)
- M.L. Dahanukar College of Commerce, Vile Parle (East)
- Mulund College of Commerce, Mulund (West)
- Parle Tilak Vidyalaya Association's PTVA's Institute of Management (PTVAIM)
The competition was one of its own kind since it was training based competition. It was observed that students who belong to the age group of 20 to 25, though have good ideas, may not have required knowledge regarding how to make fundable business plan. Thus COEI made 'Wings 2 Vision' not just a competition but a comprehensive activity that involved motivating students to come forward with their business ideas, giving them one to one counselling regarding how to plan their business providing them required training on all important aspects of business activity like networking, brand building, marketing, budgeting etc., through an 'Entrepreneurship Development Workshop Registration, selection of registered candidates, counselling and training was done during the period of September 2017 to 10 January 2018. The competition of 12 and 13th January was the end result of these activities.
Three winners were chosen out of 51 participants that are selected from 100 registered candidates across all PTVA colleges. Prize winners were given sizable amount as a prize money of 1 lakh, 75,000 850,000 respectively which is expected to be used as money. Inspirational of Rupees 10,000 was given to one team. Another important features of 'Wings 2 Vision', is that it was a well-coordinated activity undertaken by representative faculty members of all four PTVA educational Institutions.
Wings Vision has set the future path for CEO. Post the activity COEI will continue its hand holding venture for all aspiring entrepreneurs of India.By Sucheta Pawar, Head-COEI