It was a pleasure and privilege to be part of the Jury of the finals of the first All India #NIFT HG #business plan competition at @n.i.f.t national HQ in Delhi. It is indeed an honour and joy to start a new journey of contributing to the #design #education and fostering #entrepreneurship in design schools of the country.
Today, we have 16 NIFT campuses across the country. Five finalists emerged from the six month long competition that started from each of the 16 campuses. This initiative by #HarishGupta, an #NIFT alum of 1991 batch is praiseworthy and has the potential of #transforming the #design #education in #India.
In the pic include the visionaries who have given shape and are still giving to not only NIFT but also design as a edu-vertical and industry in the country. first DG Mrs Rathi (IAS) and current DG Mrs Sharda (IAS). Also seen are pioneer in #womenentrepreneurship @cwei Mrs Shashi, the founding CEO of Lacoste in India, Jayant, Harish Gupta of fashion learning, Praveen of Pincap fintech and other eminent roleholders in the NIFT fraternity Prof Sibichan, Prof Prabir, Prof Sudha, Prof Sohail…
The Jury was chaired by Mr Ganesh Natarajan, now an entrepreneurial mentor and investor, who has been known for spearheading Aptech at one point of time.
My few take aways from being part of the Jury..
A. The students taken in by the NIFT/NIDs may be creative, but the institutions need to invest in their personality transformation. You can present yourselves, create opportunities and clinch deals only if you are articulate and are convincing.
B. There is a dire need for instittutions to create a larger vision for themselves that can impact society in various ways, not limited to churning graduates. The four years of education needs to integrate with the external world. Break the insulated existence.
C. Then comes the need facilitate students to create their vision for life. Greater the integration with the external world through excercises of bringing outside world into classrooms and taking classrooms to the outsideworld, higher will be facilitation of students to have a better vision.
D. Need to foster entrepreneurial mindset as part of evolution of a student during the four years. This happens only when the institution is entrepreneurial, faculty is entrepreneurial, the processes are entrepreneurial. The institution should think of a few challenges/problems in its city as projects that could add immense value to the society, and solve them through their expertise; bring in relevant corporates to sponsor (csr), integrate these projects with the curriculum, at least in the 3rd and 4th year. Initiate the students into a structured entrepreneurial curriculum in the second year.
E. Of course embrace and institutionalize the competitions like NIFT HG business plan competition to help students participate, validate their ideas, create incubation possibilities. The funds will pour in. I am sure there are many investors like me who want to bet on the horses with potential.
F. The institutions need to tell themselves that they will incubate half a dozen endeavours/companies every year.
A stitch in time saves nine, as they say. It is time for NIFTs and NIDs to restitch in time to infuse energies.
Time to take off.