Entrepreneurial Workshop 12

8/2/2019 Entrepreneurial Workshop 12

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IUEW 2012 PROSPOSAL

IQRA UNIVERSITY ENTREPRENEURIAL WORKSHOP 2012 IUEW 12

Iqra University Entrepreneurial Society (IUES) intends to organize 2 days All Karachi

Entrepreneurial Workshop in EDC Auditorium on 16th & 17th June 2012 under faculty advisor;

Mrs. Rosy Tanveer Malik, Patron; Mr. Muntazir Mehdi and a number of faculties as IUEWBoard of Advisors. Understanding the importance of entrepreneurs in an economy we have set

our mission to enlighten students about significance of entrepreneurship in national and

international scenarios in order to facilitate them to surmount challenges faced in setting upSMEs.

The theme for the workshop will be Igniting Entrepreneurial Pursuit". This theme signifies

objectives of conducting this workshop. We aim to inspire those students who have never

considered entrepreneurship as a career and motivate them to launch new startups, create an

environment where ideas and experiences are shared and help them understand the journey fromideation to launch of an enterprise. Theme also signifies this workshop will going to direct

students from thinking themselves as merely managers/administrators to actual risk takers in

production of goods and services in the economy.

IUEW 12 will ignite in its participants the will to do more, to take up the reins of their lives, togo beyond being sedentary corporate slaves and take charge of their destiny. Through a series ofkeynote sessions, interactive workshops and creative activities, this two-day conference will be a

stimulating crash course in starting a new business venture together with the various issues every

entrepreneur must face. The participants will receive expert guidance through each step startingfrom the laying down of the seeds, to cultivating and preparing the land, accounting for changes

in the environment and through perseverance, see their hard work flourish and blossom into one

of the biggest achievements of their lives.

We will be inviting esteemed guests from the corporate world and allowing them to share their

first hand experience during speakers session and panel discussion. They will discuss on diverseyet frequently encountered subjects ranging from Marketing, Finance, Supply Chain (Logistics),

Asset and Liquidity Management, Political Economics, Social and Cultural Barriers,

Webpreneurship (IT), International Market, Innovation, Leadership and Motivation.

IUEW 12 will present students with opportunity to enter into a business plan competition where

participants will be required to create business idea along with entire feasibility report, onlyparticipants with viable business proposals after screening out through several steps will be

allowed to present their ideas on the day of the workshop and convince evaluators (and audience)

about their plans. Winner and runners ups will be given rewards and certificates to appreciateand acknowledge their efforts.

IUEW 12 features are profound lineup of speakers, learning-based activities to stimulatethinking, panel discussions to enable youths to learn from multi dimensional approach, bottle

neck business plan competition and dazzling social event. It will promise to disburse imperative

business related philosophies to the youths in a hassle-free and friendly atmosphere.


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IUEW 12 ITINERARIES

Duration Schedule

Start End Day 1 Day 2

9:00 AM 9:30 AMOpening Ceremony

9:30 AM 10:00 AM

10:00 AM 10:30 AM

1st Speakers GroupMotivational Speaker

10:30 AM 11:00 AM

11:00 AM 11:30 AMIU Young Entrepreneurs

11:30 AM 12:00 PM Networking Tea

12:00 PM 12:30 PMSpeaker on Marketing

Tea Break

12:30 PM 1:00 PM

3rd Speakers Group1:00 PM 1:30 PM Hi-Tea / Break

1:30 PM 2:00 PM

2nd Speakers Group2:00 PM 2:30 PMHi-Tea / Break

2:30 PM 3:00 PM

3:00 PM 3:30 PMPanel Discussion

Business Plan Competition3:30 PM 4:00 PM

4:00 PM 4:30 PM Break

4:30 PM 5:00 PM

Drama Night (Social Event 1)5:00 PM 5:30 PM

Closing Ceremony5:30 PM 6:00 PM

6:00 PM 6:30 PMBreak

6:30 PM 7:00 PM7:00 PM 7:30 PM

Theme Dinner (Social Event 2)

7:30 PM 8:00 PM

8:00 PM 8:30 PM

8:30 PM 9:00 PM

9:00 PM 9:30 PM

9:30 PM 10:00 PM


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Tentative Speakers

(Day 1)

(Day 2)


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Event Details

Opening Ceremony: IU Chancellor, Vice Chancellor, Registrar, Deputy Registrars, HOD alongwith esteemed faculties and guests will be cordially invited to mark the beginning of the Iqra

University Entrepreneurial Workshop. It will include recitation of Holy Quran, National Anthem,

key notes from heads of IU, Faculty Advisor, Patron and President of IUES.

Group Speakers: This event has been designed to give entrepreneurs (participants) deepunderstanding of common barriers and challenges usually encountered in setting up ventures and

solutions needed in order to circumvent those hurdles. Esteemed guests from corporate worldwill be invited to enlighten students with their experience. Speakers will be called in groups to

only speak on one broad topic (such as Marketing, Liquidity, or Asset Management) per group.

There will be 3 numbers of speakers in a group. To keep level of speech lofty each speaker willbe given 20-25 minutes to speak. Topics for the group will be communicated to the speakers

before hand in order to maintain proper logical format for the entire event in light of overall

theme.

Video Competition: Only registered students will present videos of 2 to 3 minutes time duration

to the panel of judges (and to the audience). The aim behind this idea is to give participants indepth understanding of market segmentation, target market, positioning, branding and

promotions of the product/good/idea in socially responsible manner. According to pre

determined criteria winner will get a reward and appreciation in closing ceremony at the end of2nd day.

Panel Discussion: It will consist of 4 panelist from finance back ground (such as brokerage firmor capital venture) who will discuss in depth about future prospect of the economy, opportunities,

and techniques of raising finances in Pakistan. Students will be given opportunity to ask

questions.

Drama Night: After whole day of hefty debate and discussion, participants will be given ampleopportunity to relax and enjoy the Drama Night (Stage Show). IU Drama Society will presentexciting and productive script show.

IU Young Entrepreneurs: Students of Iqra University will be invited to come on stage and

share their entrepreneurial success stories. We dont always have to look miles away to find

suitable examples to inspire us; we believe we have those examples among us. Only interested

students will be notified before hand to write an abstract of their achievements and register forthis segment, after screening some students will be selected.

Business Plan Competition: heart of the entire event. IUEW 12 will present students with

opportunity to enter into a business plan competition where participants will be 1st

required tocreate business idea and concept paper and submit it 3 weeks before the event date for approval

or rejection. Short listed participants will later be required to submit entire feasibility report 1week before the event. Finally, only participants with viable business proposals will be allowed

to present their ideas on the day of the workshop and convince evaluators and audience about

their plans. Judges panel will include professionals from versatile background to gauge the


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performance of participants. Getting success from this step, winner and runners ups will be given

rewards and certificates to appreciate and acknowledge their efforts.

Closing Ceremony: IU Chancellor, Vice Chancellor, Registrar, Deputy Registrars, HOD alongwith revered faculties and guests will be cordially invited in the closing ceremony. Awards and

mementos will be given to the winners of video competition, business plan competition,organizing team (including Patron, Faculty Advisors and Mentors) along with thanking notes touniversity and management for their relentless support and guidance.

Theme Dinner: After the closing ceremony of the event, extravagant social event, theme dinner,is planned to hallmark this event in the mind of participants for long time. It will comprise of

dance party and standup comedy along with formal dinner.

NOTE: kindly refer to the next page for the stated budget.


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BUDGETING

Total Iqra Non-Iqra

Number of Participants 300 150 150

Group registration for event (bus plan & video) (Rs.) 800 1250

Individual Registration (Rs.) 1000 1500

Revenue

Total

Registrations 354,750

Sponsors 265,640

Total 620,390

Expense

Tea Break (120/head),2 days 72,000

Lunch Break (250/head), 2 days 150,000

Logistics 44,850

Advertisements & Promotions 88,540

Registrations 2,000

Business Plan Award Winner 25,000

Social event 1 (Stage Show) 5,000

Social event 2 (Theme Dinner) 230,000

Miscellaneous 3,000

Total Cost 620,390

Approximately 43% of the conference expenses will be covered by sponsorship money

making registration fees affordable for students to participate.

All the revenue generated will be utilized in providing services to the participants, until breakeven is achieved.

Food prices at Asad Caf in EDC Campus will be subsidized for the participants. Guest Speakers will be invited for conducting speakers session. Our aim will be to provide

participants with quality educations therefore few speakers might be paid for conducting

sessions. Budget forecasting will be done regularly in order to avoid potential losses. In case of

foreseen deficit, we will be retrenching some accessories to be provided in the workshopsuch as folder, guide outlet etc.

Note: After acceptance of this proposal, we will submit list of essential requirements, with

specifications based on above budgeting, for further approval which will be necessary forconducting IUEW 12.


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Details of the proposed budget for conducting IUEW 12;

Advertisements and Promotions

Size QTY Rate Amount

Standees 0 650 0

Panaflex 20 by 16 4 5760 23,040Posters A2 50 180 9,000

E-Marketing 0 0

Folder 300 30 9,000

Guide outlet 300 25 7,500

Gate Pass 300 5 1,500

Management & participants card 300 30 9,000

Certificates for Participation 325 60 19,500

Awards/Momentous 40 250 10,000

Total 88,540

Logistics Expense

QTY Rate Amount

Stamps 1 50 50

Refreshments 50 150 7,500

Water Bottles 100 20 2,000

Tissue Paper 30 10 300

Stage Decoration 5,000

Sound & Lightening 30,000

Total 44,850

Breakup for Social Event 1

QTY Rate Amount

Stage Performers 0

Ice-cream 300 50 15,000

Total 15,000

Breakup for Social Event 2QTY Rate Amount

Food 300 300 90,000

Catering 300 300 90,000

Space Rent 35,000

Rock Band 15,000

Total 230,000

Documents

Entrepreneurial Workshop 12