How to set up a student entrepreneurship platform
Posted by Business Insider India on September 17, 2018 08:03:03The startup scene in India is booming.
But it can be a tricky road to start one, especially if you are a student.
According to a new report by the India Student and Financial Services Association, more than 30% of students surveyed in 2018 are not yet enrolled in any of the state-run primary and secondary schools.
This makes it a big challenge for students who are looking to make a big impact on the startup ecosystem.
It’s important to understand what you need to know to start a business and build a strong business, said the report by KV Vakil, Executive Director at the Student Entrepreneurs Network.
The report also highlighted some of the hurdles students are facing when starting their first startup.
They need to invest in the infrastructure, develop the business and be ready to accept any kind of funding.
The students who took part in the survey are more likely to have a lower level of education and the students who started their startup have a much lower chance of success, the report stated.
For example, more and more startups are taking the plunge into venture capital, while the students that started their business in India are more than likely to find it difficult to raise funds.
The average startup in India needs around $1.8 million to get off the ground, which makes it hard to scale, Vakile said.
There are three main ways for students to get a start-up venture started:Investment, financing and licensing.
For students who want to invest, there are several types of financing available.
In order to do so, the student needs to establish a company and then provide the company with a series of investments, said Vakili.
The student can also license the technology and use it in his business.
The licensing process for startups in India has been slow, Vacord said.
Students are often left out of the process when it comes to finding investors.
The next step is to find investors.
If the investor wants to raise more than $10 million, they need to submit a proposal with their own proposal.
The investor can then either agree to the proposal or reject it.
For the student to finance a startup, he or she needs to prove that the startup is a viable venture.
This is a process that takes a lot of time, said Vidya Dutta, Founder and CEO of the student startup portal Udemy.
Students have to prove their startup is viable before they can get into the system, she said.
In order to get investors, students need to be in the process of getting a business licence from the central government, Vachal said.
Once they are in the system they need a licence and are given the right to open a business.
For funding, the students have to show they can produce revenues.
If they are able to do this, they are given a licence to operate.
If there is a gap, they have to find another investor, he added.
There is also the hurdle of funding and securing funding.
If a student is not able to raise the money they need, they can also apply for a loan.
If all these hurdles are not met, they will not get funding and the startup will not start.
While students have access to a lot more resources, the startup landscape in India isn’t always easy.
There are many obstacles to getting funding in the country.