Entrepreneurship Development Cell & Institution’s Innovation Council Accelerate Your Engineering Startup Growth with UDYAM Registration

On 15th July, 2024 a talk on “Accelerate Your Engineering Startup Growth with UDYAM Registration” was organized by Entrepreneurship Development Cell & Institution’s Innovation Council in association with the Department of Mechanical Engineering at 01:20 pm to 4.20 pm. Mr.Beeman, II Mech Student Entrepreneur from Mechanical engineering department was the resource person. This event was coordinated by Dr. K. Vinukumar AP/MECH. 40 students and 1 staff member participated in the program.

The guest speaker explained the process of UDYAM registration and significant benefits for engineering startups like Beem Art, founded by Mr. Beeman A, a student from the Department of Mechanical Engineering at FXEC. UDYAM Registration process simplifies the establishment of a startup by providing an online portal that streamlines the application, saving time and resources. It enhances the credibility of startups through an official government-recognized UDYAM Registration Certificate, which can boost trust and legitimacy. Access the government portal (https://udyamregistration.gov.in/UdyamRegistration.aspx ) for UDYAM Registration.

Registered MSMEs (Micro, Small, and Medium Enterprises) gain access to various government schemes, including subsidies on loans, tax exemptions, and special incentives for participating in tenders, which can provide substantial financial advantages. The process involves visiting the UDYAM Registration Portal, filling out an application form with accurate business details, Aadhaar authentication, providing PAN card and GSTIN if applicable, making an online payment if required, and downloading the registration certificate upon successful completion. For Beem Art offers creative services like pencil art and photo coloring, UDYAM Registration exemplifies how engineering skills can be effectively leveraged for entrepreneurial success in non-traditional fields, providing a competitive edge and accelerating growth.