Entrepreneurship And Innovation Cell

Malda College has established an Entrepreneurship and Innovation Cell (EIC) to foster entrepreneurial spirit, innovation, and leadership among students.

Vision: To create a conducive ecosystem at Malda College that nurtures entrepreneurship and innovation among students. The EI-Cell believes that with the right guidance and support, even the smallest ideas can grow into successful ventures. By promoting holistic learning and fostering a self-sustaining entrepreneurial culture, the EIC aims to inspire creativity, develop leadership skills, and empower students to transform their new & innovative ideas into impactful enterprises.

Objectives of the Entrepreneurship and Innovation Cell (EIC) at Malda College

1. To Foster Entrepreneurial Mindset and Innovation
2. To Provide Structured Learning and Skill Development
3. To Facilitate Industry and Investor Engagement
4. To Promote Startups and Incubation Support
5. To Align Entrepreneurship with Academic and Research Initiatives
6. To Encourage Leadership and Social Impact Initiatives

Activities and Initiatives

A. Workshops & Seminars Conduct interactive workshops and seminars on various aspects of entrepreneurship, such as:

1. Business Ideation and Planning – Developing innovative business ideas and structuring a business model.
2. Marketing & Branding Strategies – Understanding consumer behavior, digital marketing, and brand positioning.
3. Financial Management & Funding Opportunities – Basics of budgeting, funding sources, venture capital, and government grants.
4. Legal & Regulatory Framework – Compliance with business laws, taxation policies, and intellectual property rights.
5. E-commerce & Technology Integration – Use of technology in startups, digital transformation, and online business models.
6. Invite successful entrepreneurs, industry professionals, startup founders, and government officials to share their insights and experiences.
7. Conduct motivational sessions where entrepreneurs discuss their journey, challenges, and strategies for success

B. Industry Exposure & Networking Events

1. Arrange industrial visits to manufacturing units & startup allowing students to witness business operations firsthand. Students will visit successful SHGs to learn about business development, community entrepreneurship, and intensive marketing strategies.
2. Financial Literacy & Fund Management: Sessions led by bank officials and Chartered Accountants (CAs) on sources of funding, loan applications, and government schemes, managing business finances, taxation, and financial planning.
3. Organize networking events, startup fairs where students can interact with industry professionals, alumni entrepreneurs, and investors.
4. Conduct case study discussions on successful startups and business failures to provide practical insights into real-world business scenarios.

 C. Business Plan & Startup Competitions

1. Organize annual business plan competitions where students pitch their innovative business ideas to a panel of judges, including entrepreneurs, investors, and faculty members. Offer rewards for the most promising ideas, ensuring that students receive the necessary resources to develop their ventures.
2. Provide mentorship and feedback to help students refine their business models and make them investment-ready.

D. Skill Development & Practical Training Programs

1. Digital Marketing & E-commerce – Social media strategies, SEO, and online marketplace management.
2. Financial Literacy & Investment Planning – Budgeting, cost control, and investment strategies for startups.
3. Product Design & Innovation – Developing unique and marketable products.

E. Collaboration with MSMEs & Industry Partnerships

1. Partner with Micro, Small & Medium Enterprises (MSMEs) in Malda to offer students hands-on training, internships, and exposure to real-world business operations.
2. Establish corporate mentorship programs where industry experts guide students in developing and scaling their business ideas.

Expected Outcomes

1. Entrepreneurial Mindset
2. Exposure to Real-world Entrepreneurship 
3. Active Student Participation
4. Confidence Building 
5. Business Ideation & Problem Solving

Chairperson: Dr. Manas Kr. Baidya, Principal

List of Members:

1. Praveen Kaur, Assistant Professor

2. Maumita Kundu, Assistant Professor

3. Dr. Himanshu Kushwaha, Assistant Professor

4. Suvangi Bhansali, SACT

5. Nimesh Diyali, Assistant Professor

6. Dr. Siddharth Rai, Assistant Professor