“Unlocking Growth: Venture Promotion, Capital Sources, and Essential Documentation”
Introduction
In a collaborative effort to enrich the academic experience and foster professional development, the Department of Commerce at St. Philomena’s College (Autonomous), Bannimantap, Mysore, in conjunction with its Internal Quality Assurance Cell and the Academic Networking and Collaboration cell, successfully organized a guest lecture on “Unlocking Growth: Venture Promotion, Capital Sources, and Essential Documentation.” This insightful event aimed to illuminate the minds of students and faculty members on the pivotal aspects of business growth and financial management, vital components for success in today’s dynamic entrepreneurial landscape.
Guest Speaker
The esteemed guest speaker for the occasion was Mr. Arjun Prakash, an Assistant Professor in the Department of Commerce at St. Aloysius College (Autonomous), Mangaluru. Mr. Prakash’s extensive expertise in the realms of commerce and finance has garnered him a well-deserved reputation, and his presence was eagerly anticipated by the attendees, who sought to glean from his profound insights.
Objective of the Lecture
The primary objective of this guest lecture was to impart a comprehensive understanding of the strategies for promoting business ventures, identifying and securing various capital sources, and underscoring the paramount importance of proper documentation in business operations. The session aimed to equip participants with the necessary knowledge and tools to foster sustainable business growth and ensure effective financial management, thereby empowering them to navigate the complexities of the entrepreneurial realm with confidence.
Event Summary
- Lecture Highlights
- Venture Promotion: Mr. Arjun Prakash commenced the lecture by delving into the fundamentals of venture promotion. He emphasized the pivotal role of innovative ideas and strategic planning in initiating and sustaining successful business ventures. His insights shed light on the critical factors that drive entrepreneurial success.
- Capital Sources: The lecture provided an in-depth analysis of the various capital sources available for businesses. Mr. Prakash elaborated on the distinctions between equity and debt financing, shedding light on the nuances of each approach. Additionally, he explored the role of venture capitalists and highlighted government schemes that support business funding, empowering attendees with knowledge of the diverse avenues for securing capital.
- Essential Documentation: A key focus of the lecture was the importance of meticulous documentation in business operations. Mr. Prakash explained the types of essential documents required for legal compliance, financial management, and operational efficiency. He also stressed the crucial role of accurate record-keeping in building investor confidence and ensuring regulatory compliance, underscoring the significance of diligent documentation practices.
- Interactive Session
Following the insightful lecture, an engaging interactive Q&A session was held, allowing participants to delve deeper into the subject matter and engage directly with Mr. Prakash. The attendees seized this opportunity to pose questions ranging from practical challenges in securing funding to strategies for maintaining comprehensive financial records. Mr. Prakash provided detailed answers and practical advice, enriching the learning experience and addressing the specific concerns and queries of the participants.
- Conclusion
The event drew to a close with a heartfelt vote of thanks. The participants echoed this sentiment, expressing their appreciation for the opportunity to gain advanced knowledge on such a critical topic, which holds immense relevance in the ever-evolving business landscape.
Attendance and Participation
The event witnessed an impressive turnout, with over 100 participants, including students and faculty members, in attendance. The high level of participation underscored the relevance and importance of the topic and the expertise of the esteemed guest speaker, Mr. Arjun Prakash.
Feedback and Impact
The guest lecture received overwhelmingly positive feedback from both students and faculty members alike. Participants found the session to be highly informative and relevant to current business practices, with the practical insights and strategies shared by Mr. Arjun Prakash being particularly appreciated for their applicability in real-world business scenarios. The event proved to be a resounding success, equipping attendees with valuable knowledge and tools to navigate the intricate world of entrepreneurship and financial management effectively.
