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JKTPO organizes 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 an eminent Guest speaker.

The objective of this webinar was to educate startup founders, aspiring entrepreneurs, and students about the different stages of the StartUp Life cycle and the challenges & opportunities 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 (e-commerce, 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, the COVID-19 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 the importance of data management, data analytics, Artificial Intelligence & Machine learning, New tech features based on blockchain in the startup business.

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

Dr. Yamini Raut, a 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 times of adversity too.

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