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B-school cell for start-ups

The Chandragupt Institute of Management, Patna, (CIMP) on Tuesday launched a cell to promote entrepreneurship.

CIMP director V. Mukunda Das said: “Many premier institutions such as IIMs have an e-cell to promote entrepreneurship and guide potential entrepreneurs in setting up a company.”

He added: “This cell would be beneficial for Bihar as there are many avenues to start an enterprise like agro-sector.”

The budding entrepreneurs would be trained on various aspects of starting a venture and how to sustain it, such as market research and financial planning.

Some potential entrepreneurs shared their experiences. Vivek Pandey, a resident of Ranchi, who launched an “ecozen system” after completing engineering from IIT-Kharagpur, was one of them. His company manufactures solar pumps, cold storage and pure drinking water.