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Cycle rally to promote business innovation

To promote entrepreneurship among the youth,seven entrepreneurs from Pune are on a Pune-Kanyakumari bicycle rally.

To promote entrepreneurship among the youth,seven entrepreneurs from Pune are on a Pune-Kanyakumari bicycle rally. It kicked off on January 22. They are meeting youth from small towns with ideas that can be turned to business models,with ownership in their hands.

As part of Chrysalis Foundation that helps people turn ideas into viable models,they feel business needs to be looked at with the spirit of an entrepreneur rather than a career option.

Manish Gupta (40),a member of the team,and chairman Chrysalis Training and Consultancy Services,said,“As per our research,we have found that between 1000 AD and 1700 AD,India contributed 22 per cent of the world GDP. But today we’re struggling to keep it at 2 per cent… A reason is our education system based on models introduced by the British. We have not been able to get out of the job-oriented approach.”

Among ideas received so far include a retail vegetable and fruit chain along highways,very smallscale windmill to generate electricity at the village level,using energy generated from cycling for generating electricity.

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“A first-year engineering student from Nipani in Belgaum was enthusiastic about setting up windmills that can run on a very small budget from the village itself. Another student wanted to help farmers start a retail vegetable and fruit outlet on highways for people who travel frequently between Kolhapur and Belgaum or from Pune to Kolhapur etc…,” added Gupta.

Started in 2007,Chrysalis has helped establish projects like a flour mill for tribal settlements in Welhe Taluka in the Pune district. Mahesh Prabhudesai,another team member and entrepreneur said,“We helped them access incentives they are entitled to. While those in the city are aware of such schemes,those who really need such benefits don’t even know they exist.” He is of the view that their group should not be mistaken for a venture capitalist body that provides funds to people to start new businesses. They are rather an incubation centre for ideas.

First published on: 30-01-2011 at 03:45 IST
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