New Delhi: A proposal for an ambitious North East Expo Centre-cum-Entrepreneurship Hub has been submitted to Union minister of state for Development of North Eastern Region (DONER) Jitendra Singh recently.
“Made in North East Expo Center-cum-Entrepreneurship Hub” will act as a gateway in opening new markets for Northeast businesses, offering a chance to develop relationships with corporations and institutions.
The expo centre will also focus on networking with corporate and entrepreneurs, by showcasing “Made in North East” products among the Centre’s goals and will help entrepreneurs and organizations to forge partnerships, access new markets and showcase best all in practices. The Centre will cater to all sizes of businesses, from small start-ups to existing brands across the region.
The idea was conceived at the 7th edition of “Young Leaders Connect” conference held recently in New Delhi under the chairmanship of Union minister of state for home Kiren Rijiju.
The memorandum was submitted by members of Leaders Connect led by Rijiju, former Indian football captain Bhaichung Bhutia and director, YouthNet, Hekani Jakhalu.
The strategic plan of the expo centre is structured around two key focus areas. One being the “expo component”, the other is the “training component”.
Each focus area is chosen to examine its potential to position Northeast entrepreneurs for success and to accelerate the businesses toward greater achievements. The centre will aim at creating an authentic and aesthetical experience which will not only focus on the static display of “Made in North East” products but will focus on whole mobility of the ecosystem as well.
The expo centre will be facilitated to offer visitors a myriad of informative and indigenous content of Northeast India. It will display some of the best products offered by entrepreneurs of Northeast spread across various sectors such as food processing, handicrafts, handloom, fashion and more.
However the objective behind the “Made in North East Expo Center-cum-Entrepreneurship Hub” is to serve as an epicentre of growth for NE entrepreneurs, ensure their success and minimize the liability of risk and failure. The entrepreneurship centre will act as an active tool to support the structure of new businesses by providing assistance and support to sustain and grow.
Dedicated to promoting innovation and entrepreneurship, the expo centre will be non-profit making house that will provide much-needed assistance to start-ups of enterprising students, existing and aspiring entrepreneurs in NER focusing on the whole mobility ecosystem.
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The expo hub also aspires to be a pragmatic platform to help start-ups and existing entrepreneurs to establish and prosper under organized systematic guidance, from product display and training entrepreneurs, planning and benchmarking to mentoring.
“We will work with industry experts to develop a tailored offering that suits their needs and core competencies, enabling entrepreneurs to take their ideas to market, create connections and generate new high-value leads,” the memorandum said.
In its long-term, the Made in North East Expo Center-cum-Entrepreneurship Hub is expected to benefit a wide range of stakeholders in NER and beyond.
Interestingly, Leaders Connect/YouthNet with the assistance of DONER ministry seeks to launch the expo hub at the national capital with the motive to support a dynamic ecosystem for innovative Northeast entrepreneurs through the sharing of the best business practices in entrepreneurship, incubation and acceleration.
Launched in 2011, “Young Leaders Connect” is a landmark initiative of Leaders Connect/YouthNet that provides a common platform for young leaders and achievers from Northeast India. Young Leaders Connect is an annual conclave where young change-makers and leaders from diverse fields like business, politics, academia, sports, music and culture come together, put their heads and hearts together to plan where they would like to see India vis-a-vis Northeast in the future, plan a roadmap, and strategise on interventions at the grassroots and policy levels.