YUTRY 2015

As a part of Entrepreneurship & Innovation vertical, Young Indians(Yi) Trichy Chapter organized the first National Conference on Entrepreneurship “YUTRY-SHARPEN YOUR SAW” on January 8th & 9th, at Hotel Sangam, Trichy.

The conference was inaugurated by DNV Kumara Guru, National Chair, Yi and Director, External Relations, Indian School of Business and Prafulla Agnihothri, Director, IIM-Trichy, they had indeed set the tone for the conference. Fathima Bathool Maluk, Chair, Yi Trichy Chapter & CEO, M.A.M School of Architecture & Ponnambalam, Co-Chair, Yi Trichy Chapter & Director-Solutions, tagbridge Solutions were also on the stage and done the welcome and closing remarks respectively.
While Addressing Guru gave students the mantra of dreaming Big and stressed the importance of shaping a good team. He said that hard work and sincerity cannot be replaced and when in need once should always ask for help.
Prafulla addressed the gathering and inspired the students that will power and desire to achieve is the key to be successful. He cited the analogy of a hot air balloon, stating that as the hot are in the balloon strives it forward, likewise each individuals attitude determines their altitude. He further added that when in times of difficulty one has to perceive it as a challenge and that self motivation is best way to reach to newer heights.

The first session of ‘Learn from the Legend” was moderated by Prative chend, Chair, YUVA, Trichy Chapter & CEO, CARE Group of Institutions. C.K.Kumaravel, Founder and CEO, Naturals Beauty Salon ltd. narrated the Saga of success of Naturals. He talked more patriotically pitching through the story of his development as an entrepreneur briefly, and emphasised that every first generation entrepreneur should think of multifarious ways of achieving a goal irrespective of the challenges that the initiative poses initially. He whipped the brains of the audience with an earnest appeal that people in the middle class economy strata of the society should come beyond the confines of a perspective that hurdles them from venturing into newer attempts of elevating them economically in the society. Kumaravel affirmed that good people have all the eligibility to be repay, since they could help the society back when they have achieved for themselves .

Sarathbabu Elumalai, CEO, FoodKing briefly laid down a nostalgic, power packed story of his emergence from a family from a Chennai ghetto into an ace entrepreneur. His story had the perfect blend of convergence of situations starting from a ghetto, yearning for recognition, learning positive thinking during tough times, getting in to the IITs and IIMs, becoming an entrepreneur and a hungry social activist with an ability of flipping the flop into success.ich, since they could help the society back when they have achieved for themselves.
Ramakrishnan, ED & Head-Investment Banking, Spark Capital gave spark to the session by briefing about the financial perspectives. He opened the arena of Finance to students. There is no dearth of capital to scale up enterprises, investment banking expert Ramakrishnan told delegates at the learning from legend session on scaling up enterprises here on Thursday. Ramakrishnan called upon entrepreneurs to be smart enough to sense the opportunities and remain committed to their ideals for a successful venture.

The whole conference focused on importance of entrepreneurship for upcoming fresh graduates for global leadership.

The afternoon session of Day 1 had Nagappan, Director, Nagappa Group of Companies, Damaodharan, Founder, Gramalya and Nagaprakasam, Angel investor unravelled the nitty gritties of building an entrepreneurial ecosystem.

The heart and marquee event of the conference was the business plan competition. Eight plans were shortlisted from 250 entries. The 8 competing teams were mentored and their business plans were honed. This mentoring session went parallel in the another hall. The hallmark of first day was the stupendous networking dinner.

Ramachnadra, LittlerAssociate, Subramaniam Iyer, Advisor TIE, Baktavatslam, Professor, NIT-Trichy and Arun Rozario provided valuable tips about the importance of business plan right form marketing in a competitive environment to bootstrapping a startup and how to effectively package and present them.
Smita Nagaraja, IAS-Director, EDI, Chennai showcased different potential areas where there is an enormous scope for opportunities for entrepreneurial pursuiting energy, She also advised the delegate to look for the funding facilities available in the Government since the Government had allotted huge money for new entrepreneurial ventures, its our part to come with a right business plan to utilize the fund available.
The Valediction Session comprised of enlightening speech by B.V.Ramanan, Chairman & Managing Director, Livia Polymer Ltd. He unfurled the trials and tribulations of how he bottled his dreams. He stressed the young minds to stay focused and persevere to tide over calamities and to emerge successful when the going gets tough, the tough get going. He advised the prospective entrepreneurs that they have to believe in themselves and to survive they need to perform against all odds. He further added that if entrepreneurs have innovative ideas and choose the right kind of talent to execute them, they need not require to run after the venture capitalists, funding agencies will automatically approach them.
IIM Trichy were the winners of YUTRY-Sharpen your Saw business plan competition, followed by Karunya University and kalasalingam University. Cash Prizes worth Rs.100000/- were distributed along with the trophies.
The Conference had 150 delegates consisting of Yi/CII Members, YUVA students from Trichy and Pan India and also participants who were interested in Entrepreneurship.