startnow brief description
PROBLEMS:
1. High unemployment rates among graduates
2. paid and fake promising mentors
3. no correct guidance
4. fake and paid investor connections
5. Difficulty in securing funding for startups.
6. no investors connections
7. no knowledge of govt startup support schemes
SOLUTION:
1. SKILL DEVELOPMENT programs to get a job from college level
2. innovation programs with the entrepreneurs for better ideas and motivation to habituate startup culture
3. providing the right mentors for guidance to build startups in the college level
4. providing the investments to develop a product
5. investors connection for further steps to launch startups
6. educating with the govt startup schemes.
WHAT AND WHY STARTNOW:
startnow is the student led venture capitalist which uses seed spark scheme to bring the change in young entrepreneurs
funds are pooled from the students RS 20,000 from each student in the group of 20 students per year. these funds will be invested in different channels with the help of "LBD ASSET MANAGMENT COMPANY". and when the students are ready to launch the startup deposited funds along with the interest will be given to the student develop a product
in these entrepreneurial journey startnow collaborates with the colleges to arrange the innovation labs, provide the mentors for the development of preferred skills useful for startups, knowledge about govt startup schemes and help in registration process for govt schemes , entrepreneur motivational programs in the college every month, investor connections
The motive of "Start Now"
1. To empower young students with the financial resources and support they need to become successful entrepreneurs.
2. Fostering Entrepreneurial Spirit:
3. Providing a platform for students to develop and pursue their innovative ideas.
4. Cultivating a culture of innovation and risk-taking.
5. Creating Economic and Social Impact:
6. Generating job opportunities.
7. Driving economic growth.
8. Empowering individuals and communities.
Essentially, "Start Now" aims to bridge the gap between academia and the real world by equipping students with the practical skills, financial backing, and mentorship necessary to succeed as entrepreneurs. This approach not only benefits the individual students but also contributes to a more dynamic and innovative economy.
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