Rongali Start Up & Entrepreneurship Conclave was organized with an aim to promote entrepreneurship in the region. The objective was to bring various stakeholders including potential entrepreneurs, Bankers, Venture Capitalists, Angel Investors, mentors, established entrepreneurs, Govt of India and the State Govt in one platform and talk business and enterprise.
The daylong Rongali Start Up & Entrepreneurship Conclave was organized on 22nd February, 2018 at Radisson Blu Hotel, Guwahati. The Conclave saw with participation of around 400 potential entrepreneurs from different parts of the region.
Inaugurating the Conclave Mr. Naveen Verma Secretary DoNER talked about Start Up culture which is becoming a buzzword amongst the youngsters in the country.
He highlighted the need of North Eastern youngsters taking start up in the big way and Hon’ble PM’s vision of Start Up India.
Mr. Verma identified the problem of funding as the main issue and urged Angel investors and reputed entrepreneurs of the region to support young start up with first Rs.5 lakhs of support. Mr. Verma highlighted the various sectors for Start UP and offered full support of DoNER in this journey.
Mr. Tridib Konwar, an entrepreneur who is providing parking solutions at various parts of country, having multi million dollar valuation spoke about how he started the Start Up and his entire journey of entrepreneurship.
Mr. Pervez Ubeed who is providing eyecare support to 1.5 lakh people in Assam also spoke about his venture how he started got funding from NEDFi and is now expanding in a big way obtaining support from various equity support.
Mr. Mridu Das who provides vehicle repair services in various parts of India offered inputs to entrepreneurs how to make a beginning. Three young Startup Entrepreneurs was felicitated by Union DoNER Secretary.
Successful entrepreneur of the region such as Mr. Sanjive Narain explained his journey from nowhere to create a large business empire starting from cable network, channel distribution, Car dealership, TV channel, filmmaking etc.
Dr. Nomal Chandra Borah, CMD GNRC spoke about his impoverished days at Gohpur upto setting up one of the biggest hospital of the region. He has to slog hard with manual work to earn his living before his study and entrepreneurial venture.
Mr. Abhijit Barooah spoke about his journey from IIT to entreprneurship recruiting more than 500 people. He spoke about his struggle and the growth of his venture.
Dr. Dhabali Th of Classic Hotel spoke about his entrepreneurial journey in strife torn Manipur to create employment of more than 1000 local people. He opined that an enntrepreneur has to think big but make a small beginning make it work and then proceed further.
Largsing Ming of Center Point group spoke about his journey of creating a tourism business in Meghalaya and Lajong Club. He highlighted his venture of creating tourism atmosphere in Meghalaya to encourage tourists and a footballing culture.
Tridib Sharma of Brahmaputra jungle resort spoke about his journey to set up tourism business through his struggle. All speakers motivated youngsters to take up entreprneurship, be disciplined pay to the Banks in time and move ahead.
Mr. M.C Nihalani, CGM OIL spoke about OIL’s Rs.50 cr fund for Start Up entrepreneurs. Mr. Nihalani showcased the various ways of obtaining fund from OIL and the modalities. Two OIL assisted enterprises were also felicitated during the conclave.
On behalf of NEDFi Zaveer Zaman presented NEDFi’s Venture Capital Fund its modalities. NEDFI has a fund of Rs.100 cr under which they are promoting Start Up Venture.
Mr. Apoorva Krishna of SBI presented about SBI’s MSME financing scheme. Mr. Krishna explained in detail about the facilities and modalities for availing MSME finance. Around 4 entrepreneurs of SBI having good track record was felicitated during the Conclave to encourage the youngsters.
Ms Akansha Kapoor of Start Up India presented various incentives on Start up India platform. She explained about the various successful Start up and their growth path. She talked about their Plan in the region specially in Assam to promote Start Ups.
The Conclave was attended by some of the top Angel investors; Mr.Vineet Khurana of Chandigarh Angel Network and Bikram Seth of Lead Angels of Mumbai. They presented angel network funding policy and had a detailed interaction with the youngsters about the various issues of Start Up.
Well known mentor Hrishkesh Kulkarni and Vikyath Nanjapa of NSRCEL, IIM Bangalore spoke about how a start up is done and the various procedures of taking it forward. Mr. Hrishikesh spoke in details about the first 100 days of Start Up and the need for making a break in the first 100 days.
Mr. Ravi Capoor , Addl Chief Secretary, Govt of Assam gave a very motivating speech to encourage the entrepreneurs. He opined that getting so many youngsters to come and talk about Start up is a major success of the event. Mr. Capoor explained that entrepreneurship was missing the in the region but of late things are changing in a very positive way.
He informed that Govt of Assam is starting an incubation center in Guwahati and will provide seed money upto Rs.50 lakh for new ventures. He urged youngsters to avail the benefit of the Scheme.
The closing session was addressed by Tarsame Mittal spoke about his journey from Guwahati upto one of the biggest artiste management company.
Sukracharya Rabha spoke about his Sal tree theatre festival which has become a major tourist attraction.
Diganta Bora IPS spoke about his journey of perseverance and failures to become an IPS officer.
Music Icon Zubeen Garg spoke about his journey of flims and music and spoke about Rongali’s attempt to promote entrepreneurship in the region and offered his full support in this venture.
Mr. BP Muktieh, CMD, NEDFI spoke about NEDFI’s commitment to support first generation entrepreneurs and appreciated the initiative of the Conclave to promote new entrepreneurs and hoped that new and new ideas will emerge.
Well known journalists Mr. Mrinal Talukdar, Mr.Paragmoni Aditya, Kaushik Deka and entrepreneur Himangshu Talukdar moderated various sessions.
Shyamkanu Mahanta, Chief Organiser informed that it was overwhelming to get so many participants in the conclave and informed that a mentoring mechanism is being planned to support the local entrepreneurs with support from NEDFi, IIM Bangalore and Govt of Assam.
Mr Mahanta informed that around 150 business ideas came in the conclave which is being documented and will be taken forward for support and incubation.