GUWAHATI, Nov 2 - A startup meet, an event emphasising sustainable entrepreneurial activities, was organised yesterday by the Startup Assam team in the Institution of Engineers (India) auditorium at Panbazar here.
The main theme for the event was, �Financial aspects of startups� where entrepreneurs from the north-eastern region and potential investors and bankers interacted.
The event was inaugurated by Amitabh Barooa, director of Barooa Infotech. The event has been organised as a part of the monthly Startup Saturday Guwahati Talks meet, which the Startup Assam team has been organising since May 2015.
The panel of entrepreneurs and financial experts joining the event were Atreyee Borooah Thekedath, founder director of Webcom India, Partha Pratim Goswami, senior vice president of Yes Bank, Samir Barua, retired general manager of Indian Overseas Bank and Rittique Phukan, chartered accountant.
Atreyee BarooahThekedath inspired those present with her entrepreneurial journey, while Rittique Phukan spoke about various formalities required for different types of startups, be it sole proprietorship, partnership firm or private limited company.
His speech helped the entrepreneurs understand which type of startup should approach bank for loans and what kind of startups should go for venture funding. Samir Baruah offered options available with BYST for meeting various financial needs of startups, emphasising collaborative environment between BYST and startups.
Partha Pratim Goswami helped the entrepreneurs know why banks cannot provide loan even though personally bankers are willing to help startups. He informed that the Reserve Bank of India is working on policies suitable for startups, said a statement.
Apart from this, Himanshu Shikaria of IIT Jodhpur, a student entrepreneur himself, motivated the entrepreneurs and attendees with his inspiring speech. A startup concept also was demonstrated by a group of students for bikes on rent across Guwahati city.