Mangalore, December 5, 2024: 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 students, faculty, facutly and Research Scholars from other institutes as well.
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.