Entrepreneurship Development Cell: March 2021

The three days event called Bangalore Tech Summit 2017 with the theme of the event Ideate, Innovate and Invent organized by Department of IT and BT, Government of Karnataka from 16/11/2017 to 18/11/2017. Faculty members of RNSIT attended the event.

RNS Institute of Technology

Channasandra, Bangalore – 560098

Report on Participation in Bangaluru Tech Summit 2017:

Participants:
1. Dr. Suresh. D, Professor, Dept. of ECE
2. Mr. Vasanth Rao K P, Assistant Professor, Dept. of ME
Event: Bangaluru Tech Summit 2017
Venue: Bangalore Main Palace, Bangalore
Event Dates: 16^th , 17^th and 18^th November 2017

The three days event called Bangalore Tech Summit 2017 with the theme of the event Ideate Innovate and Invent organized by Department of IT and BT, Government of Karnataka. The Idea of the Summit was to bring together Technocrats, Researchers, Innovators, Investors and Policy Makers from different streams paving the way for interdisciplinary dialogue and collaborations leading to emergence of disruptive technologies, path breaking products and unique services.

We registered to this event with the intention of gaining knowledge in the field of Entrepreneurship and development mainly to strengthen ED cell of RNSIT. We could gain knowledge in Idea generation, beginning start ups, Innovation, getting financial support for beginning startups, knowledge on various innovation and inventions and so on.

Event was inaugurated by our honorable chief minister on 16^th morning and witnessed by an Minister of transport and communication from Finland Mrs. Anne berner and various other dignitaries. This event was mainly focused on two different areas such as Information Technology and Biotechnology.

Figure 1: Inauguration by Chief minister of Karnataka

Figure 2: Inaugural address by minister from Finland Mrs. Anne berner

After the inaugural event we visited various stalls kept in another hall to exhibit their products and demonstration. We interacted with few company people especially Robosoft who made so many apps like paytm and others. We could get information about various android based apps useful for the society and also in the startups.

We also attended afternoon sessions in which first session was ‘Indian IT services pitch for newer heights: breaking barriers’. Speakers from Mindtree Mr.N.S.Parthasarathy, Moderator Mr. Jayesh chakravarthy and Mr. Sarvesh Mahesh from Tavant technologies spoke on various issues related to IT services, importance in giving better services to society etc. The next interesting session we attended was ‘The AI disruption wave – how AI and deep learning will disrupt the world’. We could understand how this field opened so challenges faced in the area of artificial intelligence and opportunities for the startups and business community.

Other important sessions we attended on 17^th and 18^th were ‘Exploring Augmented Reality/Virtual Reality Landscape’, Building for India – Startups and MNCs’, and ‘India stack – leading the world in Digital technologies’, ‘Building the next generation of telecom infrastructure for digital India’. Later we attended key note talk on ‘Building a world class ecosystem’ by Sanjay jain, and another prominent keynote talk by Sri TV Mohandas Pai, chairman, Manipal global education. He spoke on getting fund for initiating startups and also how more job opportunities can be created.

The other sessions we attended were ‘Design for future technologies’, ‘How can India build world class product companies?’, and ‘Living the Entrepreneur’s dream – An ecosystem view’.

Figure 3: Sri TV Mohandas Pai, chairman, Manipal global education spoke on Start up for India

Figure 4: Panel discussion on Living the Entrepreneur’s dream-An Ecosystem view

Figure 5: Display of Battery operated bycycle

Outcome and Benefits:

· We are exposed to discussion on latest technology like Artificial Intelligence, Augmented reality etc.

· Gained knowledge in getting financial assistance for startups from Karnataka state financial corporation (KSFC) through interaction with their officials.

· Understood the importance of digital transactions by opening bank accounts and by using bank related apps. This simplifies the process of granting loans and repayment of loan amount.

· We interacted with the people who demonstrated Solar operated mobile pesticide sprayer, Battery operated bicycle and bike, spectacles which converts image into speech for the benefit of blind people.

· One of the speakers spoke on innovative way of fund rising for start ups. Suggestion is profit making major companies can contribute portion of their profit to fund good start ups.

· Overall event was very well organized and gained several ideas in executing our future EAC camps. This will help in panel discussion, idea generation, organizing skills, fund generation, digital transactions etc.