Neelesh Kapoor Lucknow: For small and medium enterprises (SMEs) and startups, survival and growth are an everyday challenge. Unlike large corporations with deep pockets and dedicated teams, these businesses often operate with limited resources, making every decision critical. Yet, they are expected to navigate a complex business landscape—understanding market dynamics, optimizing operations, managing finances, building customer trust, and keeping up with ever-evolving technology. The odds are stacked against them, and the reality is harsh: a significant percentage of startups fail within the first few years, and many SMEs struggle to…
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‘Project Praveen’ Paves the Way: From Classrooms to Startups
Lucknow: The Uttar Pradesh government has decided to launch ‘Project Praveen’ on a large scale, introducing skill development training in 650 secondary schools across the state. Under this initiative, students from classes 9 to 12 will receive 1.5 hours of vocational training daily, aiming to enhance their employability and connect them with industries. Dr. Hari Om, Principal Secretary of the Vocational Education, Skill Development, and Entrepreneurship Department, has directed all divisional commissioners and district magistrates to ensure the smooth implementation of the program. The training will cover diverse fields, including…
Read MoreNew Incubation Centers to Boost Innovation and Entrepreneurship
Lucknow: Dr. APJ Abdul Kalam Technical University (AKTU) is making significant strides in fostering innovation and entrepreneurship across the state of Uttar Pradesh. Under the visionary leadership of Vice Chancellor Prof. JP Pandey, the university has established 100 pre-incubation centers as part of its ambitious One District, One Incubation Center initiative. These centers aim to serve as breeding grounds for future innovators and entrepreneurs, providing the necessary resources and guidance to bring their ideas to life. To ensure the successful operation of these centers, a two-day incubator training program was…
Read MoreStartups using disruptive tech to hit the big times
Lucknow: Young startups are increasingly leveraging technology to enhance performance, streamline operations, and gain a competitive edge. Here’s how they are using various technological advancements to drive growth and efficiency: 1. Artificial Intelligence (AI) and Machine Learning Data-Driven Decision Making: Startups are utilizing AI and machine learning algorithms to analyze large datasets, identify trends, and make informed decisions. This capability allows them to predict customer behavior, optimize marketing strategies, and personalize user experiences, thereby improving overall performance. Chatbots and Customer Service Automation: AI-powered chatbots are being employed by startups to…
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