Assam Down Town University announces the launch of “Manthan” – A regional level business idea contest

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Press Release

Assam Down Town University announces

the launch of “Manthan” – A regional level business idea contest

 

Guwahati, 23rd May, 2015

 

Assam down town University announces a regional level business idea contest ‘Manthan’ in association with Centre for Innovation Incubation and Entrepreneurship, Deutsche Gesellschaft Fur Internationale Zusammenarbeit (GIZ) GmbH, Young Indians and Indian Institute of Entrepreneurship. The official announcement was made in the auditorium of down town Hospital.

The contest includes a month long process aimed at identifying potential business ideas which will result in the growth of the North East Region and to nurture them in the business incubator ‘down town Venture Labs’ with necessary infra and seed funding. The process also includes a capacity building session for the potential entrepreneurs by the experts from CIIE, GIZ, AdtU and regional successful entrepreneurs. The application form and business pitch templates are available in their website www.adtu.in and can be submitted through email at [email protected]

The launch was announced through a press conference in the presence of Mr. Kannan Narayanswami (Mentor and visiting faculty of IIM Ahmedabad), Dr. B. G. Unni (Director research- Biological Sciences of AdtU), Dr. N. N. Dutta (Chancellor of AdtU), Dr. Nandita Choudhury (Vice Chancellor of AdtU) and many other dignitaries.

Launching the event Dr. N.N. Dutta, Chancellor of Assam down town University expressed “Looking into the present employment and development scenario of North East, nurturing the startups and making them sustainable is the need of the hour. This initiative is only the first step towards a greater goal and requires collective efforts for success”

Mr. Kannan Narayanaswamy, Mentor and visiting faculty in  IIM Ahmedabad who is among the panel of Judges for the competition admired the event and added “The entrepreneurship revolution is spreading across the globe and it is an honour for me to be a part of this initiative which is aimed at fostering growth in the North Eastern Region, something close to my heart”

The event was closed with the opinion sharing and interaction session with the dignitaries.

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About Assam down town University

Assam down town University was established by the down town Charity Trust, formed in 1997. This full flagged multidisciplinary educational institution in the North-East Region is situated at Panikhaiti, Guwahati (Assam). It got the status of private university in April 2010 under Assam Private Universities Act 2007. Visit www.adtu.in to know more.

About down town Venture Labs

down town Venture Labs is one of its kind facility in the entire North Eastern region offering the perfect blend of business ecosystem and technical expertise with non-exhaustive human resource. The dynamic atmosphere ensures efficient working of 5 M’s of a business (men, money, machine, material and market) and let it grow & prosper. The services offered by AdtVL includes dedicated office spaces, IT and networking facilities, Mentors from industry and academia, access to labs and heavy equipments of pharmacology, engineering, biotechnology, FND etc.

dtVL is an initiative of down town Charity Trust and has been set up in the campus of Assam down town University as a part of the Entrepreneurship Development Cell (EDC) which gives an edge to the incubatees to avail technical expertise on real time basis from the scholars in multiple domains. The Trust is promoted by down town Hospital which is one of the most reputed healthcare facilities in the North Eastern Region and being serving the people over 27 years.

For further details please contact:

Nitul Jyoti Das

9954325916

Assam down town University

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