Dimapur, Nov. 30 (EMN): Teams from various colleges across Nagaland would compete for the ‘Hornbill First Cut’ business competition during Hornbill Festival beginning from December 1 to 10 in Kohima.
It would be the fourth edition of ‘First Cut,’ an inter-collegiate business plan ideation and execution competition organised under YouthNet’s ‘IMPACT 5000 by 18’ campaign, which is a collaboration with the State government.
The primary objective of ‘First Cut’ is to educate the students about entrepreneurship and opportunities in the private sector while giving them a taste of the challenges that ground realities pose.
Students would form teams and each team would be given seed money of Rs 20,000. Before the commencement of the competition, the teams would also be trained on marketing, accounting and business skills and constantly monitored throughout the competition.
The past winners were St. Joseph’s College, Jakhama; Sazolie College; and Japfu Christian College, Kohima. The chief mentor of the programme is Geoffrey Yaden, Editor of Nagaland Post.
