Two day Workshop on "The Indian Startup and MSME Ecosystem in the Age of AI" Concludes at BIT
Mangalore: The Department of Mechanical Engineering, Bearys Institute of Technology (BIT), Mangalore, successfully hosted a two-day workshop on “The Indian Startup and MSME Ecosystem in the Age of AI” on December 4th and 5th, 2024. The event, aimed at equipping participants with knowledge about the evolving entrepreneurial ecosystem and the transformative role of artificial intelligence, was attended by around 150 students, faculty also Research Scholars and facutly from other institutes as well participated in the event.
The workshop commenced with a Welcome Address by Dr. Vasantha Kumar, Organizing Chair and Head of the Department of Mechanical Engineering, emphasizing the importance of startups and MSMEs in India’s economy and the potential of AI in fostering innovation and sustainability.
The Inaugural Speech was delivered by Dr. S I Manjur Basha, Patron of the event and Principal of BIT, who spoke about the institution’s commitment to bridging the gap between academia and industry through such initiatives.
Prof. Gokuldas M, Assistant Professor and one of the Event Coordinators, introduced the Chief Guest, Mr. Chetan Kumar G S, Founder and CEO of Initium Incubation and Mentoring Consultancy and Mr. Santhosh V., Project Director at Skill & MSME,Initium Incubation and Mentoring Consultancy Bengaluru.
In his keynote address, Mr. Chetan Kumar shared his experiences as a national startup mentor and provided deep insights into navigating the challenges of the startup ecosystem in the AI age.
The workshop featured technical sessions by the speakers. Their presentations covered government support schemes, funding opportunities, and AI-driven business models, offering actionable insights for budding entrepreneurs.
A key highlight of the event was the Student Activity Session, where participants pitched innovative ideas with the potential to become startups. This session provided a platform for students to showcase their creativity and problem-solving skills while receiving constructive feedback from the Chief Guest and Resource Person.
The event concluded with a Valedictory Note and Vote of Thanks by Dr. Sandeep Nambiar , Assistant Professor and Event Coordinator.
During the Validity Ceremony, the Chief Guest, Resource Person, were honored for their invaluable contributions. Certificates of participation were distributed to all attendees.
The workshop culminated with participants motivated to apply their learnings and contribute to India’s startup and MSME ecosystem.
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Man booked for duping 7 persons of Rs 91 lakh on promise of awarding govt works
Mumbai (PTI): The Mumbai police have registered a case against a man for allegedly duping seven persons of Rs 91 lakhs on the promise of awarding them works of different government departments, an official said on Tuesday.
The accused was identified as Satish Kadam, a resident of Nanded in Marathwada region, an official said.
A complaint was filed by Hanumant Vadje, who alleged that the accused cheated him and six others of around Rs 91 lakh by promising to give them various works of Urban Development and Social Justice Department, he said.
The fraud occurred between 2024 and 2026, with Kadam collecting money in cash and into his accounts, police said, adding he had returned some amount to them partially.
Multiple cheques issued by the accused bounced, prompting the victim to lodge a complaint at the Marine Drive police station. Based on the complaint, a case of cheating and criminal breach of trust was registered against him.
The case is under further investigation, the official said.
