A workshop on topic “The importance of Financial Discipline/Processes & relevant Costing Framework” was successfully concluded by Shri Mata Vaishno Devi University Technology Business Incubation Centre (SMVDU TBIC) for the students and other aspiring entrepreneurs in the region. SMVDU TBIC and its ecosystem partner, JK StartUp Association and pool partners and mentor groups like Startup Buddy, Indian STEP & Business Incubator Association (ISBA), We Group, K&S Partners, Adsatra IP, Boudhik Ventures and "Institution Innovation Council" (IIC) SMVDU are working in close coordination to generate awareness and striving to bring the UT of J&K at a global entrepreneurial platform, through its flagship programme "100StartupsJK", recently launched by Honorable Vice Chancellor, Shri Mata Vaishno Devi University.

The workshop on “The importance of Financial Discipline/Processes & relevant Costing Framework” was conducted in association with Skwerup.com which was attended by more than 50 people. Mr. Ankur Goel, Founder & CEO, Skwerup.com conducted the workshop and highlighted important aspects of financial discipline and the changes that can be brought by implementing the same in a business. He also emphasized on the importance of financial discipline for startups/entrepreneurs and the use of various tools for maintaining the Financial Discipline including Vendor Management, Risk management and control, Leverage customizable accounting tools etc.

Given this Covid-19 global health concern, the operations of SMVDU TBIC have completely gone virtual and it is conducting such workshops every alternate week with an aim to develop and promote start-up ecosystem in the UT of J&K and helping many aspiring entrepreneurs. The events are open for everyone and to know more about schemes and options available one should visit www.smvdutbic.org.