“ Innovation : A Key for Entrepreneurship Success

On 18.9.2024 a session on " Innovation : A Key for Entrepreneurship success” was organized by the Entrepreneurship Development Cell and IIC in association with the Department of AI&DS. This session was handled by Mrs.R.Gomathi Selvi AP/AI&DS, Francis Xavier Engineering College. Fifty students from second year AI&DS and one faculty of AI&DS department participated in the program. The program was coordinated by Mrs.P.Sooriabrabha, Assistant Professor, Department of AI&DS from 1.30PM – 4.30PM.

The program started with the introduction of guest speaker by Mrs.P.Sooriabrabha. During this session the guest speaker explained the concept of innovation and the importance of the same for the growth and success of entrepreneurship. The guest speaker said that the creativity and innovation are the key element of entrepreneurial success because it allows to think creatively and solve problems in new ways. It’s about taking fresh ideas or improving existing ones to create products or services that people need.

The focus on creativity and innovation helps to stand out from the competition and meet customer demands more effectively. It can be as simple as finding a better way to deliver a service or designing a product that solves a common problem. Entrepreneurs who embrace innovation are better positioned to differentiate themselves from competitors, solve complex problems, and adapt to changing environments. By focusing on innovation, engineering students can transform their technical expertise into scalable startups, securing funding, attracting customers, and contributing to technological advancements that meet societal needs. Through this program, participants showed keen interest in the concepts, methodologies and gave satisfactory feedback at the end of the session.