Student entrepreneur for global award to be chosen in Coimbatore
August 31st, 2011 - 9:24 pm ICT by IANSChennai, Aug 31 (IANS) Coimbatore will host a national level competition Thursday, in which 30 undergradutates from nine Indian states will showcase their businesses for a place in the Global Student Entrepreneur Awards (GSEA) at the New York Stock Exchange (NYSE), US.
The 30 finalists include entrepreneurs from Tamil Nadu, Maharashtra, Karnataka, Madhya Pradesh, Orissa, Punjab, Gujarat, Uttar Pradesh, Delhi and Andhra Pradesh, according to statement Wednesday from the hosts of the India finals, Entrepreneurs Organisation (EO), Coimbatore Chapter.
EO is global network of around 8,000 entrepreneurs, founded in 1987, with 120 chapters in 40 countries.
“The GSEA programme offers student entrepreneurs a great opportunity to meet with fellow entrepreneurs and reach out to mentors and investors to share their successes, failures, listen and learn to go to the next level,” said Annush Ramasamy, EO-GSEA programme director for South Asia.
Three will be awarded at the competition, of whom the first place winner will represent India at the GSEA in New York, Nov 17, and vie with 29 others for the $150,000 prize money.
The prime eligibility criterion is that their business must be in operation for more than six months and generating revenues. It also must be a new business idea with a good game plan that incorporates strategies, future growth and market understanding.
Also known as textile city, Coimbatore is around 500 km from here. It is a city with a large number of micro, small and medium enterprises (MSME) and positions itself as the cradle of entrepreneurship sustainability over the last 50 years.
Indo Asian News Service
vj/nj/vt
- President Patil gives away national awards to MSMEs - Aug 31, 2010
- Virbhadra Singh meets Yemen envoy - Mar 29, 2011
- PM to give away National Awards to Micro, Small and Medium Enterprises today - Aug 28, 2009
- Manmohan Singh to Youths :Inculcate technical skills to contribute industrialisation - Aug 28, 2009
- Junior World Entrepreneurship Forum highlights opportunities for success in business - Sep 08, 2010
- US launches global initiative to help Muslim entrepreneurs - Apr 28, 2010
- Pune plays host to two-day Junior World Entrepreneurship Forum - Sep 03, 2010
- Gender stereotypes could push women away from entrepreneurship - Mar 17, 2011
- Experts welcome SIDBI fund for service sector startups - May 21, 2012
- Commonwealth countries to explore small, green business mantra - Jun 20, 2009
- Technology firms awarded for innovation - Mar 29, 2012
- SIDBI may achieve 21 percent credit growth by March-end - Feb 10, 2012
- Technopark TBI empanelled as partner by TISS - Jan 17, 2012
- Conscience over profit? Not business as usual - Jul 27, 2011
- GUESS Chairman and the NYSE Opening Bell - Aug 25, 2010
Tags: asian news, entrepreneur awards, fellow entrepreneurs, game plan, global award, global student, good game, indian states, madhya pradesh, msme, national level competition, new business idea, new york stock, new york stock exchange, place winner, small and medium enterprises, student entrepreneur, student entrepreneurs, textile city, york stock exchange