“Why create a single enterprise worth thousand crores….why not a thousand enterprises worth a single crore ?”…..the defining philosophy of our theory of change for positively transforming the craft sector by creating equitable value across stakeholders.
The key component of the narrative at ‘The Craft Catapult’ Delhi Roundtable Meet yesterday led by Centre for Innovation Incubation and Entrepreneurship‘s Startup Oasis where the dialogue panned ground realities, situations, and concerns over the product- market fit, need for appropriate and timely design intervention, effectively countering competition, particularly from the factory made, artisan and stakeholder incomes, long gestation periods and resultant irregular cash flows, craftspeople motivation and orientations, use of technology to maximize process efficiency, ‘one of a kind’ vs ‘volume’ production
There was plenty of cross-learning and education geared towards evolving an ecosystem for creating, incubating, nurturing and accelerating, ethical, eco-friendly, value-oriented businesses by startups working in the craft environment.
“If people call you a fool when you tell them your ideas, you’re on the right track!” – Nagaraja Prakasam a.k.a Naga the Farmer. Words of wisdom during the ‘Understanding customers and value proposition’ talk at NSRCEL, IIMB. #entrepreneursofindia #entrepreneur #startup #startuphub #startuplife #customersfirst #launchpad #100daysoflaunchpad #ideas #brainstorm #nsrcel #iimb
Nagaraja (Naga) Prakasam, mentor at NSRCEL IIMB,
shares insights on the kind of challenges an entrepreneur faces in the social sector and how crucial it is to have the ability to say ‘No’. The entrepreneurs shared their experiential learnings to understand the hurdles of being in the social space.
hashtagsocialstartups hashtaglearnings hashtagentrepreneurs hashtaginsights hashtagknowledge hashtagincubation
Regional Knowledge Exchange Workshop of Startups’ by #DPIIT started with a panel discussion on ‘Seed and Venture Funding Support-Fund of Fund Scheme by #KSUM’.
,speaking at the panel discussion about the importance and need of attracting local investors to drive the startup ecosystem.
“Define success for yourself, because scale is not the only metrics of success”
Nagaraja Prakasam, mentor at NSRCEL addressing the third cohort of @GS10KWomen