Entrepreneurship

1. U18OE 803C ENTREPRENEURSHIP
DEVELOPMENT
Classroom Discussion Topic
W3 – L8-CDT8
Topic: Identification of business
opportunities in various branches of
engineering
Dr. M. B. Sushma
Dept of CE
Kakatiya Institute of Technology and Science, Warangal,
TS, India

2. Essential parts of a video lecture
1. Title slide with course number, course name, SLT/CDT, Topic name
2. Lecture Outcomes
3. Slides on lecture content
4. Reflection spots
5. Followed by slides on lecture content
6. Summary
7. Lecture outcomes revisited
8. Lecture Level practice Problems (LLPs)
9. Further Reading
U18CE704 Highway Engineering W1-L2-CDT2- Introduction to Highway 2

3. After completion of this lecture, students will be able to…
LO1. Understand the Entrepreneurial Intentions Within Existing
Organizations
LO2. Identification of business opportunities in various branches of
engineering
Lecture Outcomes (LOs)
3

4. Engineering Entrepreneurship
It is the process of harnessing the
business opportunities in
engineering and turning it into
profitable commercially viable
innovation.
Engineering entrepreneur is required
to have the capacity and willingness
to harness, develop, organize, and
manage the business venture
conceived with an engineering idea
and manage the risk involved
painstakingly in order to make a
profit.

5. ENGINEERING BUSINESS IDEAS
ENTREPRENEURS
IN CIVIL
ENGINEERING
Entrepreneurial
opportunities in
blocks and bricks
manufacturing
construction
equipment rental
business
borehole drilling
business
lawn care services.

6. ENTREPRENEURSHIP IN ELECTRICAL ENGINEERING
• building and installation of solar power generation equipment
• manufacturing of electrical control panel
• electronic pump regulator production
• LED light production
• recycling of electronic products
• electronics product and components supply chain management

7. • ENTREPRENEURSHIP IN MECHANICAL ENGINEERING
• clutch plates manufacturing
• barbed wire production
• Electrocoating
• hacksaw blades manufacturing
• nuts and bolts production
• 3D designing and printing

8. ENTREPRENEURSHIP IN CHEMICAL
ENGINEERING
• agro-chemical production
• bio-diesel production
• plastics production
• water treatment services
• food and drinks formulation
• fertilizer production
• ceramic color manufacturing.

9. Reflection Spot - 1
• List out various Institutions Supporting Small-scale Industries.
9
C
ENTRALLEVEL
• SSIBOARD
•KVIC
•SIDO
•NSIC
•NSTEDB
•NPC
•NISIET
•NIESBUD
•IIE
•EDI
SSI
s
ST
A
TELEVEL
•DIs
•DICs
•SFCs
•SIDCs/SIICs
•SSIDCs
OTHERS
•IndustryAssociation
•NonGovernmentalOrganizations
•R&DLaboratories

10. Startup ideas for engineers
• List of some best startup ideas for engineers.
• Nuts and Bolts Manufacturing.
• Solar Panel Installation.
• Product Assembly Service.
• Mechanical Engineering Consultancy Firm.
• Supply Chain Management.
• Chemical Industry Machines Designing.
• CNC Machining Business.
• E-waste Recycling, etc.
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11. Startup ideas for engineers
Other common ideas
• Consultancy
• Product design
• Teaching
• Training
• Writing
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12. Reflection Spot - 2
Having discussed some content, here is another reflection spot
Question-2: What are some best startup ideas for engineers?
• Nuts and Bolts Manufacturing.
• Solar Panel Installation.
• Product Assembly Service.
• Mechanical Engineering Consultancy Firm.
• Supply Chain Management.
• Chemical Industry Machines Designing.
• CNC Machining Business.
• E-waste Recycling, etc.
12

13. Lecture Outcome Revisited
Having completed the discussion on Identification of business
opportunities in various branches of engineering, now, students should be
able to…
LO1. Understand the Entrepreneurial Intentions Within Existing Organizations
LO2. Identification of business opportunities in various branches of
engineering
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14. Further Reading
Text Books:
• Robert D.Hisrich, Michael P. Peters, “Entrepreneurship”, Tata McGraw-
Hill, 9th Edition 2014.
• Reading:
• Chapter -2
Reference Books
1) David H. Holt, “Entrepreneurship New venture creation” Prentice Hall of
India.2004.
2) Handbook for “New Entrepreneurs”, Entrepreneurship Development
Institute of India,
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