Event Date: 11th October 2025
Event brief description
Galgotias Incubation Centre for Research Innovation, Startups & Entrepreneurs (GICRISE), under the visionary leadership of Hon’ble Chancellor Shri Suneel Galgotia and Hon’ble CEO Dr. Dhruv Galgotia, organized the “Entrepreneur Simulation Challenge” on 11th October 2025. The event aimed to cultivate entrepreneurial thinking among students through a series of real-world business simulations. Participants worked in teams to solve challenges across domains such as finance, marketing, operations, and innovation, requiring them to think and act like entrepreneurs. The interactive setup provided hands-on learning, strategic decision-making exposure, and practical insights into managing startup-like situations.
Event Detailed Description
Under the visionary leadership of Hon’ble Chancellor Shri Suneel Galgotia and Hon’ble CEO Dr. Dhruv Galgotia, Galgotias Incubation Centre for Research Innovation, Startups & Entrepreneurs (GICRISE) organized the “Entrepreneur Simulation Challenge” on 11th October 2025. The event aimed to nurture the entrepreneurial mindset among budding innovators by immersing them in real-world business problem-solving situations.
The Entrepreneur Simulation Challenge provided participants with a unique opportunity to step into the shoes of entrepreneurs and experience the challenges faced in launching, managing, and scaling a startup. Students were divided into teams and presented with a series of simulation-based tasks designed to test their creativity, analytical thinking, decision-making, and leadership abilities. Each team had to think strategically like an entrepreneur to overcome real-time challenges related to finance, marketing, operations, and innovation.
The event commenced with a briefing session that introduced participants to the simulation model and its objectives. The excitement and enthusiasm among the students were palpable as they navigated through various business scenarios, making strategic decisions that mirrored real-life entrepreneurial situations. Through these simulations, participants learned the importance of teamwork, time management, and effective communication in managing a business under uncertainty.
Mentors and experts from GICRISE closely observed the participants’ problem-solving approaches and provided insightful feedback. The challenge not only enhanced students’ business acumen but also strengthened their ability to think innovatively under pressure. By the end of the event, participants showcased remarkable creativity and entrepreneurial spirit, reflecting the growing culture of innovation at Galgotias University.
The event concluded with a reflection session, where students shared their key takeaways and learning experiences. It was inspiring to see how the challenge helped them understand the dynamics of entrepreneurship in a practical and engaging way.
The Entrepreneur Simulation Challenge successfully fulfilled its objective of promoting experiential learning and cultivating an entrepreneurial mindset among young minds. It also reaffirmed GICRISE’s commitment to fostering a vibrant startup ecosystem at Galgotias University, aligned with the institution’s vision of empowering students to become job creators rather than job seekers.
Department Name –GICRISE
Event Outcome
The Entrepreneur Simulation Challenge successfully enhanced students’ entrepreneurial mindset and problem-solving capabilities. Participants demonstrated creativity, leadership, and teamwork while navigating dynamic business scenarios. Mentors from GICRISE provided valuable feedback that helped participants understand startup challenges more deeply. The event inspired students to approach business problems strategically and strengthened their confidence in taking entrepreneurial initiatives. It also reinforced GICRISE’s mission of building a strong innovation-driven ecosystem at Galgotias University, empowering students to become future-ready entrepreneurs capable of driving meaningful change and contributing to the nation’s startup landscape.
