JKTPO organized webinar on “Strategy for Building StartUp from Scratch”

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JAMMU : Jammu and Kashmir Trade Promotion Organization (JKTPO) organized a webinar for J&K based StartUps, students & entrepreneurs in the presence of a successful StartUp founder as eminent Guest speaker.

The objective of this webinar was to educate startup founders, aspiring entrepreneurs, students about different stages of StartUp Life cycle and challenges & opportunity ahead in the journey from scratch to StartUp.

The Guest speaker for this webinar was Winny Patro, Co-Founder & CEO at Recordent (Building a new age credit bureau for businesses).

Winny Patro is a well-rounded personality with 13+ years of leadership experience in public-sector (innovation, education, industries), entrepreneurship (ecommerce, fintech, social-impact, digital marketing), business-consulting (digital transformation, internet commerce, market-entry) and coaching (data-interpretation, professional-enhancement). Currently, spearheading an entity in building an intelligent credit management platform for SMEs.

He shared his initial days of struggle, COVID19 impact on StartUp business and StartUp funding. He also spoke about his NGO experience and life skill training to the learners.

Patro talked about cash flow issues faced by startups & SMEs which is one of the major issues to tackle and impacts business growth. He explained about timely payments of bank loan EMIs but delayed payments by businesses. He stressed on importance of data management, data analytics, Artificial Intelligence & Machine learning, New tech features based on block chain in the startup business.

He took the questions from the participants and answered about Idea validation & Prototyping, funding schemes and government initiatives.

Dr. Yamini Raut, Faculty member at SKUAST Jammu with her students attended this webinar for this insightful knowledge session.

ESPA Learn, Saffron Mart and other StartUps also participated and got suggestions to improve their product offerings & business models.

This webinar helped participants upgrade their knowledge & skills for running a StartUp and inspired & motivated them to keep working in the times of adversity too.

 

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