IF.

IYE
Intellectual & Financial Inclusion of Young Entrepreneurs About IF.IYE IF.IYE is a group of young entrepreneurs for a cause of promoting entrepreneurship Amongst youths by building entrepreneurial platform. FOUNDERS OF THE COMPANY RAJ LAKHANI (Director of Mertistar Infrastructure) KARIIM PARMAR (Director of Kun Arkitect & Space Planners) ANISH MAREDIA ( Director of Rock HR services) Noorali Rayani Riyaz Khorasi

IF.IYE
Intellectual & Financial Inclusion of Young Entrepreneurs

Great Ideas Were Never Great Without Their Recognizers

Its Not Enough to have an good Idea Without Listening Ears

IF.IYE
Intellectual & Financial Inclusion of Young Entrepreneurs

IF.IYE
Intellectual & Financial Inclusion of Young Entrepreneurs

IF.IYE
Intellectual & Financial Inclusion of Young Entrepreneurs

Our Vision
A dynamic Company with a pervasive entrepreneurial and innovative culture and global reputation for entrepreneurial educational leadership Our Mission The mission of the IFIYE is to promote and support entrepreneurial learning among the community by conducting research analysis for business ideas and supporting them with micro finance facilities .

IFIYE.IDEAS.REALISED

Our Values at IFIYE

Intellectual & Financial Inclusion of Young Entrepreneurs We value and lay great stress on enriching the entrepreneurial skill and genius of youthful and aspiring entrepreneurs, since it remains the core principle of our strategic vision and overall work-approach. This kind of thinking process lends us the right gateway for entrepreneurs to learn, grow and evolve into much more successful business leaders. We posses the required resources and information channel dissemination which helps the entrepreneurs to learn, think and put the gained knowledge into realistic perspective. Our principle thinking behind this theme is to let loose the fruits of business success for the overall welfare and benefit of the society and the international community as well. We realise that successful entrepreneurs have for decades played a great role in the worlds economy and in their vision lays the steering wheels of greater economic growth and opportunity. We take it upon ourselves the mission to support, educate and encourage entrepreneurs to gain success in their endeavours to build better and more successful companies and themselves. In addition to this, we also seek to help our members to look beyond business success and relate to work angle with a humane touch and become better individuals as well.

Our Role At IFIYE

Intellectual & Financial Inclusion of Young Entrepreneurs The IFIYE will organize activities for the development of existing business, finding new markets, acquiring new technology, finance and equity funding, international collaborations and resolve problems and issues. The IFIYE will provide information and guidance on the process of setting up an enterprise, the procedures and documentations for export activities, making a business plan, market study, feasibility reports, project reports, approaching a bank or a financial institution for obtaining term loans and working capital, development of skills pertaining to manufacturing, quality, marketing and human relations, effective communication, export promotion, foreign exchange rules and regulations, international payment settlements, risk management and other related topics. The IFIYE will provide unique opportunity for networking with top CEOs of Corporate and Banks, the Government Officials, Technocrats, Industrialists and equity providers. This interaction will be immensely beneficial to the young entrepreneurs to understand and learn from the experts about how to manage effectively and ensure business growth. To showcase the business opportunities available in India and abroad Interaction with Purchase, Marketing and Export Senior Managers and Executives. To educate and train the young entrepreneurs with knowledge and skill to compete in markets

Our Activites At IFIYE

Intellectual & Financial Inclusion of Young Entrepreneurs Update them with the latest trends in their business activities Opportunity to know more about sourcing quality products, latest machinery & equipments, quality raw materials at competitive cost Assistance for trade finance, working capital, private equity and venture capital Guidance and assistance on financial management CFO Services assistance Assistance for joint ventures, collaborations, contract manufacturing and technology transfer Knowledge transmission programs Arranging group marketing and brand promotion workshops, seminars and factory visits / study tours The Forum will provide guidance and assistance for business development as required by members

Our Role At IFIYE

Intellectual & Financial Inclusion of Young Entrepreneurs Update them with the latest trends in their business activities Opportunity to know more about sourcing quality products, latest machinery & equipments, quality raw materials at competitive cost Assistance for trade finance, working capital, private equity and venture capital Guidance and assistance on financial management CFO Services assistance Assistance for joint ventures, collaborations, contract manufacturing and technology transfer Knowledge transmission programs Arranging group marketing and brand promotion workshops, seminars and factory visits / study tours The IFIYE will provide guidance and assistance for business development as required by members.

Know Young Entrepreneurs

Intellectual & Financial Inclusion of Young Entrepreneurs Definition of Young Entrepreneur The definition of the young entrepreneur (Male and Female) means business owners between the age group of 21 and 45 years, youthowned Small and medium-sized enterprises (SMEs) or independently owned businesses as Partnership or Proprietorship and entrepreneurs involved in business as Director, Chairman, MD in Corporate or Multinational

Qualities of an Entrepreneur Self confidence Passion and vision Risk taking Persistence Hard work Commitment to the people Desire for independence Opportunity to exploit a gap in the market Solution Orientation Opportunity recognition Dealing with the future Managerial competence Strong control systems

Also the entrepreneurs above 45 years will be defined as senior entrepreneurs who will be mentors of the young entrepreneurs for day-to-day guidance by providing assistance for better growth. The involvement of senior entrepreneurs will be useful to the young entrepreneurs for decision making and risk management. The IFIYE will provide opportunity to the young and senior entrepreneurs to come together for enhancement contacts and to exchange business information for better growth.

Support to Young Entrepreneurs

Intellectual & Financial Inclusion of Young Entrepreneurs Information, guidance and assistance on all business related matters Preparation of Business Plan & Project Reports Knowledge Transfer and Skill Development New Technologies & Innovations Financial Management Marketing support Export Promotion Collaborations Consultancy Training and Education Modernisation and Expansion Quality and Productivity The entrepreneurs will be assisted by the SME Chamber of India in their start up and implementation processes with information, advice and guidance at every step through consultancy and mentoring services. A separate Cell will be dedicated for developing women entrepreneurs and family run businesses. Special training programmes will be organised at regular intervals to assess the needs of the entrepreneurs and suggest suitable actions

Challenges for Young Entrepreneurs

Intellectual & Financial Inclusion of Young Entrepreneurs Challenges for Entrepreneurs Young entrepreneurs exposure to the various aspects and intricacies of business environment is insufficient and hence they face innumerable problems relating to the finance, marketing and other functions of business. The entrepreneurs need more capital for their expansion activities. Many entrepreneurs have technical knowledge about their business but usually are not capable to get finance from Banks and Financial Institutions due to insufficient exposure to financial management. The young entrepreneurs also have to face tough competition. They have to overcome many obstacles through various strategies for survival and growth. They also face other problems like dealing with Government Departments, Labour, getting correct raw materials, logistics and transportation, quality control etc. Key Challenges Limited and insufficient capital Lack of access to new business opportunities Competition in local and international market Lack of knowledge about requirement of quality product and pricing Lack of knowledge about latest machineries and technologies Unviable financial management Time constraint to attend to all business activities Inadequate marketing exposure Lack of knowledge about Incentives and schemes.

Communication and negotiation skill Human Resource Management Seed Capital for startup Lack of knowledge of various procedures and documentations Lack of contacts with policy makers and stake holders