Nineteen students (eleven females and eight males) and one faculty member participated in the field trip to Centre for Innovation and Business Acceleration (CIBA), Verna organized by the BBA(Financial Services) Department of the College on 13th of March, 2019 from 10:30 a.m. till 12:00 p.m.
CIBA is a technology business incubator based in Goa and Mumbai supporting and nurturing startup companies by providing services such as incubation, modern office spaces, mentoring, networking opportunities, seed funding and rapid prototyping. It started as Agnel Entrepreneurship Development Institute, founded in 2000, an organization with an integral role in catalyzing the entrepreneurial movement in Goa. By supporting over 5000+ entrepreneurs, they have highlighted Goa’s reputation as a destination for entrepreneurship and innovation.
Mr. Raj Naik, Relationship Manager, gave an introductory presentation on the past, present and future of CIBA. He discussed about the infrastructure and resources including some of the recent startups and the Startup Camp 3.0 at CIBA. Mr. Sanjay Mulvi, Incubation Manager, spoke on the fundamentals of startups and entrepreneurship. He also spoke on the role of CIBA in transforming ideas into business. Mr. Samay Shetti, Community Manager, explained how business disruption has been the cause for business innovation. He spoke on applied innovation and future trends in innovation.
The students got an opportunity to observe the technology infrastructure at CIBA; especially, the state of the art 3D printing technology, one its kind in Goa. Mr. Samay Shetti explained about the mechanism and maintenance of the same.
The students expressed that the trip was successful in enhancing their conceptual awareness and knowledge about innovation and entrepreneurship and appreciated the Dept. for organizing the trip.
