Sunday, December 16, 2007

Umbrella having no droplets on a rainy day!!

Were you anytime facing difficulty to keep your wet umbrella on a rainy day at your office or home? or Did you ever got into a crowded bus with a wet umbrella?? Did you think then,if there is an umbrella which can just off from those droplets sticked to it? Yes, here it is.

Locate your keys or spectacles easily!

Do you remember, your struggling to locate spectacles or car keys or car itself in a parking location or any other useful thing. Good news for you all guys. RFID is the technology which is ready to save you. Currently you can buy 100 US$ device and each tag, to the article you would like to locate, costs about 25 US$. I believe, it would be useful to everyone of 6Billion people only when the costs are like: 1 US$ device and few cents for the tags. Ideally the device should be integrated inside a mobile. So that if in case, mobile itself is not seen, can be found by making a call!! So this is still in R&D phase to get onto the cheaper side and integration with already popular devices. However, if you are a wealthy guy or looking for marketing such devices, then click here.

Customized Ice Creams : Make it within a minute to have it, right in your home/office

Moo Bella is a Ice cream making machine, just like Coffee/Tea vending machine. Within a minute one can prepare a variety of ice-creams FRESHLY. Catch point is customization and really fresh. It is currently going through initial market test phase. So it is an interesting business opportunity for the dealers who are already into Vending Machines.

Award for the Social entrepreneurs who change the lives of children

World of Children has instituted awards covers the following areas: Health, Humanitarian, and Youth leadership. This award is for change-makers of the lives of children and 100 nominees all over the world, would compete for 3-4 annual awards that range from US$15,000 to $100,000.

Encouraging entrepreneurial skills of SHGs

Ezhuchi Virudhu is an award for the SHGs in chennai and engaged with micro-enterprises, also managing them efficiently. It is instituted by Sornammal Education Trust based in Chennai.

Saturday, December 01, 2007

"Institute of Creativity" to be established in South India

To impart education & training, conduct cutting edge research, nurture innovation and render Creativity Application Services (CAS), Government is planning to establish "Institute of Creativity". The institute will cater to private companies, government and other entrepreneurs. And the institute is funded by Ministry of Science and Technology.

Great news for Entrepreneurs : One-Person Company

Government is planning to accept "One-Person Company" (OPC). Difference between Sole proprietorship and this new OPC is that liability lies upon the firm but not on the individual. Let us all hope that this bill will during the winter session.

Meanwhile, I have been looking at Bank Account for a sole proprietorship firm, I have found that the cheapest way to do that is through ICICI, just with 5000/-. However they require any one of the registration papers (such as Shop establishment, Service Tax, IT returns etc). Another interesting bank in this regard is : Kotak Bank, where-in you need to maintain the balance of 10000/-.