Mangaluru: In an effort to invigorate the entrepreneurial landscape in Mangaluru, the city based Manel Srinivas Nayak Institute of Management (MSNIM) hosted the second edition of Mangaluru Entrepreneurs’ Day titled Ideation ’24 on Thursday, February 29, 2024, at the Netravathi Auditorium located in the institute campus at Bondel.
Ananthesh V. Prabhu, President, Kanara Chamber of Commerce and Industry (KCCI), was the chief guest for the inaugural ceremony at 10 a.m. Manel Annappa Nayak, President of the Women’s National Education Society (WNES), presided.
The occasion marks the 111th birth anniversary of Manel Srinivas Nayak, a distinguished educationist and former MLA, in whose honour the MSNIM is named.
Mangaluru Entrepreneurs’ Day aims to inspire budding entrepreneurs, provide networking opportunities, and bring together business owners, investors, and other stakeholders to exchange ideas and build partnerships.
Its goal is to promote entrepreneurship and encourage people to start and grow their businesses in Mangaluru, which will result in job creation and the economic growth of the region.
Entrepreneurs, academicians, policymakers, start-ups, prospective entrepreneurs, representatives of trade organisations and students attended.
In his address, the chief guest, Ananthesh Prabhu, emphasised that entrepreneurial success stems from purpose, innovation, and an unwavering ‘never-give-up’ attitude. “An entrepreneur is someone who dares to dream big. The entrepreneurial journey is often fraught with challenges, resembling a roller-coaster ride. Nevertheless, the satisfaction derived from creating job opportunities is unparalleled,” he said.
In his presidential address, Manel Annappa Nayak noted that the entrepreneurial journey has been considerably facilitated in contemporary times, thanks to the presence of incubation centers. “Identifying a market gap and diligently endeavouring to address it is the essence of entrepreneurship nowadays,” he said. He urged the students to engage with industrialists through various business associations and chambers of commerce.
The programme comprised three sessions. The first session, ‘Identifying Entrepreneurial Gaps and Building Ideas,’ was moderated by Johnson Tellis, CEO, Sahyadri College of Engineering & Management. The participants were Roy Rodrigues, Founder, IMOI; Prasheel Shetty, Managing Partner of Trailblazers Business Services and Prashanth Shenoy, Co-Founder & CTO, Unicourt.
The second session, ‘Financing your Ideas,’ was moderated by Frenil D’Souza, Partner of Shetty & D’Souza Chartered Accountants. The participants were L. Sanjivi, DGM, Faculty, BIRD, NABARD, Sachin Wahurbag, Manager, Canara Bank, MSME Sulabh, Megha Shetty, Manager, Canara Bank, MSME Sulabh and Suman Raju, Assistant Director, IEDS, MSME DFO, Mangalore.
The third session, ‘Opportunities in Rural Entrepreneurship and Social Entrepreneurship’ was moderated by Dr Molly S. Chaudhuri, Director, MSNIM. The participants were Akshay of Master Planner, Kusuma Devadiga of Shri Vinayaka Garments and Nithin Vas of Paper Seed.
The institute’s first director, Dr G.V. Shenoy, governing body members, K.V. Raghav Kamath and Vathika Pai and WNES Governing Council Member Ajith Kamath were present.
Archana Kamath, Assistant Professor, welcomed the gathering. Sanath Bhandarkar, Assistant Professor, gave a vote of thanks. Sathvika Shetty, Assistant Professor, was the master of ceremonies. Nanditha Sunil, Assistant Professor, gave a profile of Manel Srinivas Nayak, and coordinated the programme along with Sanath Bhandarkar.
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