TAMILNADU STARTUP THIRUVIZHA - STARTUPTN

Opportunities don't happen, you create them - Chris Grosser

I got a wonderful opportunity on August 20 2023 at Codissia Trade Fair Complex, Coimbatore. It is not a normal stall shows or fairs but it is the meetup of innovations and techologies. Yes, it is a festival organized by the entrepreneurs of Tamilnadu to display their startups. Startups are meant to all types of industries, and I got a chance to engroove my thoughts for entrepreneurship in different sectors.

Let's have a short notes about what is startup and entrepreneurship and then move on with this festival. A startup is a young company or organization that is in the early stages of its development, typically characterized by innovative and disruptive ideas, products, or services. Startups are often founded by entrepreneurs who aim to address a particular problem or meet a specific market need in a novel way. The key features of startups are Innovation, High Growth Potential, Risk and Uncertainty, Funding, Lean Operations, Disruption, Product-Market Fit, Pivoting and Entrepreneurship Culture. As a startup matures and successfully navigates the challenges of the early stages, it may eventually transition into a more established company with a solid customer base, steady revenue streams, and a defined market presence. The journey from startup to established business can vary widely based on the industry, market conditions, and the effectiveness of the startup's strategies.

Entrepreneurship refers to the process of identifying, creating, and pursuing opportunities to develop and bring innovative ideas, products, services, or businesses to the market. An entrepreneur is an individual who takes on the role of initiating, organizing, and managing a venture with the aim of achieving growth and success. The key features of entrepreneurship are Innovation, Risk-taking, Opportunity Recognition, Creativity, Resource Management, Adaptability, Persistence, Networking, Business Planning, Scaling and Social Impact. Entrepreneurship can take various forms, from launching a small business to developing a technology startup or even driving innovation within established corporations. It's a dynamic and multifaceted field that requires a combination of skills, traits, and a willingness to embrace uncertainty and change.

Tamil Nadu stands as the country's second-largest economy, boasting a commendable third-ranking in terms of startup performance. This achievement is attributed to the blend of well-established sectors and emerging industries propelling the state's startup landscape. In its ongoing endeavor to enhance the startup ecosystem and foster widespread entrepreneurial participation, TANSIM aims to collaborate on sector-specific strategies and policies. The envisioned approach encompasses a favorable and encouraging administrative framework, guaranteeing an equitable and impartial environment for startups throughout the state.

Tamilnadu StartUp Thiruvizha is a great opportunity and opens a wide platform for the startups in Tamilnadu to launch, advertise, analyze, market their products and services. The marketing is the key for any startup to grow and StartUpTN gives a best platform for the entrepreneurs. It also creates a community for the entrepreneurs for meetups and share their experience of their startup journey which creates a inspiration and motivation for other entrepreneurs, students and young minds. I also had a great time in this StartUp Thiruvizha. I had experienced about new technologies and innovations in IT industry.