SEMCOM contest ends on Friday

The best business idea contest of the students of SEMCOM, a Vallabh Vidyanagar based IT and Management Institute, had its final round on Friday.

The contest started in June and has reached the final stage with 13 ideas.

Delivering an address on 'Creativity & Innovation:Key to Enterprenuership', Kaushal Mehta, founder & CEO, Motif Inc, here, said business idea should be so creative that one can implement, creates job opportunities and also have value for money for shareholders who can considered it as a successful business idea.

"As India is likely to become third largest economy, there is a growing need for enterprenuers to think world class. The world class organization needs world class management team based on solid value system," said Mehta.

He said that the US is successful economy because it's a purely merit based society.