Wednesday, April 22, 2020

STEP BY STEP METHODOLOGY FOR STARTUP FOR INCOMING ENTREPRENEURS


The starting a new startup company will undergoes following steps
1st.      Concept/Idea submission
2nd.    Literature survey/ market survey for developing a potential report of the proposed idea.
3rd.     Provide skill development training, visit to existing companies, internship. Online/ off line training session. Entrepreneur Development program. 
4th.     Develop a business plan with the help of the mentors available in the incubation center.
5th.     Strategy management
6th.     Submit business plan for the review. Including the recommendation of the experts in the business plan.
7th.     Submission of the project to the govt. funding agencies and other possible angel investors.
 8th.    Basic research and development activities.
9th.     Develop a prototype device/ model.
10th.   Validation and feasibility report preparation.
11th.   Communicate with the existing business house.
12th.   Registration of the startup company.
13th.   Agreement among the applicant company, Shri JJT University, mentor and funding partner.
14th.   Business growth and revenue generation.
15th.   System will make self-sustainable and optimized for the smooth running of the company.
16th.   Collaborate with other existing business house and expansion of the business.
17th.   ISO and other mandatory certification.
18th.   Stock listing.
19th.   Graduating and existing of the startup company.
20th.   Independent existing of the startup companies.
21st.    Revenue generation, customer/client satisfaction and continuous up gradation and business growth.





No comments:

Post a Comment