Page 102 - JAIN (Deemed to be university)

Engineering & Technology through top MNC’s and other Industries, who assisted in

bringing industry Labs to the campus.

TITLE OF THE BEST PRACTICE 2: BE YOUR OWN - JOB CREATOR (ENTREPRENEURSHIP)

Objectives of the Practice

• To be a catalyst in facilitating and mentoring the emergence of competent first-
generation entrepreneurs endowed with ethics and values.

• To help the students in transition of their existing family business into successful and

sustainable growth-oriented enterprises.
• Promote entrepreneurship through education, training, research and opportunities

offered by Government.

• To support students to set up their own businesses, helped by start-up mentors and
funding agencies.

• To develop capacity in students to display intrapreneur zeal to support the
organizations where they serve as employees.

• To support the students for Business Incubation for approved Business Plan.

• To develop interested faculty as Entrepreneurship educators, mentors.

The Context

In response to the crying need of India for entrepreneurship and innovation, this initiative was

born. Many students of the University have a family business background, with needs to
overcome stagnation or negative growth. In line with the vision of the University, the

government’s thrust on ‘Make in India’ and the success of Alumni, the practice encourages the

students to be entrepreneurial.
Many bright students tend to make a career in a MNC, as it is well paying and secure. They also

lack the courage to take risks and fear failure. Moreover, parents except those from business

backgrounds discourage their children to be on their own. The students lack exposure to
networking, emerging trends, business references, mentoring, counselling, opportunities and

requisite training to understand the complexities of business, the regulatory framework,

statutory compliances, funding avenues and the other aspects of the business environment.
This initiative helps them to overcome these.

The Practice

The highlights of the practice are:

About Entrepreneurship for beginners – Facilitating a certificate course offered to students
by Entrepreneurship Development Institute of India (EDII) an institution of National

importance.

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