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NAAC ACCREDITEDNATIONAL SEMINAR INNOVATION, SKILL DEVELOPMENT AND ENTREPRENEURSHIPMAY 10, 2022ABOUT THE UNIVERSITY Maharaja Agrasen University established in the year 2013 was inaugurated by Pranab
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Identify a problem or need in the market that you want to address with your innovation or start-up
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Conduct market research to understand the competition and target audience
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Develop a business plan outlining your value proposition, target market, revenue model, and marketing strategy
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Build a prototype or minimum viable product (MVP) to test your idea with potential customers
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Seek feedback and iterate on your product based on customer insights
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Secure funding through investors, grants, or loans to scale your business
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Build a strong team with diverse skills and experiences to support your innovation and start-up development

Who needs innovation and start-up development?

01
Entrepreneurs who want to bring new products or services to market
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Small businesses looking to stay competitive in a constantly evolving market
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Investors looking to support and fund innovative ideas with high potential for success
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Innovation and start-up development refer to the processes involved in creating and implementing new ideas, products, or services in the market, particularly by new and emerging companies (start-ups) to foster growth and competitiveness.
Generally, entrepreneurs, business owners, and organizations that are engaging in innovative activities or establishing start-up companies are required to file for innovation and start-up development.
To fill out innovation and start-up development, one must gather the necessary information about the business idea, market analysis, financial projections, and innovation aspects, and then complete the official forms or applications provided by relevant authorities or organizations.
The purpose of innovation and start-up development is to facilitate the introduction of new ideas and businesses into the economy, stimulate economic growth, create jobs, and support the development of competitive markets.
Information that must be reported typically includes business plan details, market research data, financial forecasts, funding requirements, and information regarding the innovative aspects of the business.
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