A Centre of Excellence, an incubation centre of the Entrepreneurship and Skill Development Association (ESDA) was inaugurated in Ramachandra College of Engineering in Eluru on Friday.
The ESDA is a key partner to various engineering institutions, universities and ITIs, fulfilling India’s national skilling mandate and it has skilled more than 10,000 youth across the country.
This incubation centre will work to best address the gaps in the Indian entrepreneurship landscape and needs of the Indian entrepreneurs. Enterprises across different sectors and stages have different mentoring, infrastructural and investment needs and ESDA has therefore developed specialised incubation initiatives to meet the needs of the ventures.
These initiatives are geared towards providing relevant networks, business advice, mentoring and investment support for diverse start-ups.
This incubation centre was inaugurated by Suredran Giridharan, vice president and Director of Engineering at FactSet Research Systems Inc., Country manager of Portware India Pvt Ltd. K.V. Prasad, founder and CEO of Cognitive HR Solutions, bankers, G. Ramachandra Rao, chairman of the college Venugopal, secretary and correspondent Sanjay, Principal of RCE and all the Heads of Departments were present on the occasion.
After the inauguration, students from engineering and management programs made presentations on innovative ideas to the delegates and audience. Mr. Giridharan was pleasantly surprise at the ideas and was curious to know more about such innovative thoughts. The delegates were felicitated on the occasion.