Event Report: ED Club Inauguration & Payasamela
1. Introduction
The Entrepreneurship Development (ED) Club of Mar Elias College successfully inaugurated its activities on September 11, 2024, with a grand event titled Payasamela, a payasam sale designed to promote entrepreneurship, teamwork, and leadership among students. The event not only served as the club's launch but also provided hands-on business experience for the students involved.
2. Objectives of the Event
The primary objectives of the ED Club inauguration and Payasamela were:
To formally inaugurate the ED Club of Mar Elias College and introduce its mission to the student community.
To encourage students to embrace entrepreneurship by organizing and participating in a real-world event.
To generate funds that will be used for future ED Club programs and initiatives.
3. Event Details
Date: September 11, 2024
Venue: Mar Elias College, Kottappady
Chief Guests:
Mr. Sunil (Manager)
Dr. Joseph T. Moolayil (Principal)
Programme Highlights:
Inauguration: The ED Club was formally inaugurated with a ribbon-cutting ceremony by Mr. Sunil, followed by an inspiring keynote address by Dr. Joseph T. Moolayil, Principal of Mar Elias College.
Payasamela: After the inauguration, the sale of 320 liters of payasam began, which had been prepared early in the morning with the help of volunteers from the student community.
4. Financial Overview
A total of 320 liters of payasam were ordered by students, staff, and the public. The successful execution of this large-scale production and sale demonstrated the practical skills and teamwork of the students involved.
Total Orders: 320 liters
Revenue Earned: 73600
Cost of Production: 45040
Net Profit: 27560
The profit generated from the event will be utilized to support future activities and programs organized by the ED Club. These may include workshops, seminars, field trips, and other events aimed at fostering entrepreneurship and leadership skills among the students of Mar Elias College.
5. Impact and Benefits
Student Empowerment: The event allowed students to take ownership of the Payasamela, from planning to execution, providing them with real-world entrepreneurial experience.
Community Engagement: The involvement of the local community, staff, and students created a platform for networking and collaboration, enhancing the visibility of the ED Club.
Future Programs: The profits from the Payasamela will help fund various ED Club initiatives, ensuring that students have access to resources and support that will encourage innovative thinking and leadership.
6. Feedback
The event was met with enthusiasm and positive feedback from all participants, including students, faculty, and community members. The inauguration ceremony, combined with the sale of payasam, made the day a memorable one, further solidifying the importance of entrepreneurship development at Mar Elias College.
7. Conclusion
The inauguration of the ED Club, alongside the successful execution of Payasamela, has laid a strong foundation for the future activities of the club. The event showcased the talents and organizational skills of the students, proving the value of entrepreneurial education and hands-on experience. With the funds raised through this initiative, the ED Club will continue to organize events that promote innovation, collaboration, and leadership among students.
