Chandigarh Angels Network – An Event to Enable The Entrepreneur Within
In an effort to promote quality entrepreneurial knowledge in the region, Chandigarh Angels Network in association with UIET (Under the aegis of TEQIP-III) are going to host the first version of their signature event CANNABLE 2017. The event will be held at University Auditorium, Punjab University on October 28, 2017.
“Startups need to know the ins and outs of raising funding,” said Kunal Nandwani, Founder & CEO uTrade Solutions. “By bringing together Investors and aspiring entrepreneurs on a common platform we aim to impart some relevant knowledge for starting up and what it takes to build a profitable business. This will enable entrepreneurs to take informed decisions,” he added.
CANNABLE aims at sensitizing the startup ecosystem of the region by bringing together seasoned entrepreneurs turned investors, budding startups and aspiring entrepreneurs of the tri-city region on a common platform. The event will impart clarity of thought amongst the young entrepreneurs, giving them a much-needed direction towards a sustainable and a scalable business. It will feature inspiring keynote sessions by thought leaders, panel discussions and live startup pitches
Recent reports suggest that 9 out of 10 startups fail. The most cited reason being the lack of knowledge on the part of founding teams about scaling their businesses and raising funding. With an increasing number of startups in the country, Investors have become more analytical with their investment decisions.
“Not all successful business are investable. Neither all of them need to raise funds.,” said JB Singh, Director CAN. “Through a platform like CANNABLE, participants will get to know if and when they need to raise money. Also what is the thought process of an angel investor when deciding whether the startup is investable or not,” he added.