Monday 22 February 2016

EFC INDIA, Partner of choice for startups



EFC India brings infrastructure and consulting based solutions to the entrepreneurial community with a specific focus on early stage companies. At our core, we are entrepreneurs and understand the challenges of launching a startup. We realize that every rupee at the beginning stages is critical and we know how to use limited resources most effectively. We expect that when working with us you are committed to a plan that you can clearly articulate, support, and execute on, given the right tools. Having a realistic and passionate mindset about your venture combined with some level of expertise, helps. We fill in the gaps.

EFC INDIA have an important role to play in building an environment for entrepreneurial success and growth by getting involved in the community, paying it forward and lending their voice and support to the network. Explore the many ways to get involved in the movement! We look forward to growing India into a Startup Nation with you.

EFC India adds value to your enterprise support organizations by:
·   Strengthening your ability to serve entrepreneurs by providing you with a supportive and positive community from whom to learn, communicate, collaborate, and share best practices with the wider business support community.
·    
   Increasing entrepreneur, government and industry awareness of and engagement with your organization, products and services.
·       
      Enhancing your value proposition by providing you world class infrastructure with a holistic network of support beyond what you can expect.
·          
    Ease of working, removal of hassles of day to day working by providing all necessary services required to enhance your output.

For more than three years, EFC India has provided infrastructure and consulting support services to tech-based startups and small consulting firms  located in Maharashtra footprint. With our services, as well as the mentoring offered by a team of seasoned business professionals, our portfolio companies are able to get started, develop new products, implement new processes, and create new jobs.

What startups stand for EFC:
Startups are companies set up to test business models developed around new ideas. Either an individual or a small team, a startup is in the phase of business development and research for markets, searching for a repeatable and scalable business model. Startups typically meet the following criteria:
·        
          3 or fewer years in business
·         Fewer than 20 employees
·         Less than 1 cr.  in revenue
·         Has taken or is seeking investment
·         National or global growth plans within 3 years

Our goal is to provide a broad introduction to these resources that already exist in the local startup community, and to help connect entrepreneurs with the people, organizations, and businesses that can really make a difference to their venture. 

We seek to build connections online that will facilitate in-person interactions and build stronger ties between the various nodes in the local ecosystem.

Friday 5 February 2016

EFC to be India’s No. 1 Smart workspace providers for next generation Startups.



In an attempt to strengthen the link between entrepreneur and industry, EFC plans to infuse more funds to establish 50 Entrepreneur facilitation Centers across the nation. Taking a lead as economic infrastructure provider ELDIL (EFC Land Development and Infrastructure Limited), has started a campaign to scaling up these facilitation centers on 50 other locations in India’s startup hubs like Delhi NCR, Mumbai, Hyderabad, Ahmadabad & Bangalore.

We believe the best way to protect the future is to create it. The facilitation centers however work on the reverse model. "The youth comes up with ideas or a product to whom we provide a platform in the form of  infrastructural and service level assistance and other back-end support to convert that idea into a product," explained Mr. Umeash Sahhaaii, Founder of ELDIL from his Pune head quarter.
It is a very known fact that various VC and angel investors from India and abroad are actively investing in Indian startups. Over $3.84 billion was pumped into the ecosystem in the third quarter of 2015 itself. However, we have been observing that despite having good investments, many startups struggle to survive the competition and are eventually forced to shut down their business due to various internal and external factors in which initial infrastructure set up is a major cause

The most important problem faced by an Indian startup is the cost, lack of facilities for day to day operations and maintenance of location from where it has been launched. India is a place of varied cultures and taste thus every product might not be welcomed equally by every region. A survey found out that most of the failed startups attribute their failure to the lack of operating funds as initial capital has been consumed in initial set up itself.

Entrepreneur Facilitation Centers (EFC) will support entrepreneurs  across nation with comprehensive Infrastructural, commercial, technical and legal assistance to help them start up businesses that apply space technology to non-space industrial, scientific and commercial fields. 

EFC has helped and will continue in its mission to provide an affordable platform to startups to convert them into viable businesses  and create new and more jobs by providing support to more than 200 start-ups companies which have received support till date.


EFC in India has a history of incubating successful venture one after another. Some continues to expand within EFC premises and enjoy the services from years and some others grown up so big that they move out happily into their own premises.
EFC has continually ensured that its offices count among few of the most prestigious addresses in Pune.
We have always realized the importance in giving a helping hand to those who are in need and from marginalized communities. We aspire to establish ourselves as a compassionate and responsible corporate entity through the Corporate Social Responsibility (CSR) initiatives undertaken by us.

This business plan address variety of associated with creating and operating a technology business in INDIA, It is based on the findings of a comprehensive market feasibility study FOR Business Incubation opportunities in INDIA conducted by EFC Land Developer And Infra Structure Limited (ELDIL) a firm with special expertise in business incubation.

The proposed mission of the ELDIL is to stimulate the establishment and growth of technology-based start-up companies and other compatible businesses. By fulfilling this mission, EFC would contribute to job creation and provide enhanced economic wealth to the region. 

The ELDIL would provide new and emerging technology and compatible businesses with an environment that would support their start-up phase and increase their efficiency of success. EFC facilities includes space, flexible leases, shared use of common office equipment, direct business assistance and guidance, mentoring, networking to capital, and other technical resources. A network of existing resources in the community would be developed to support EFC client needs. 

Approximately five hundred clients at a time would be served within the proposed new EFC. The facility, proposed at 1000000 square feet, would include a mix of office and other Business space.
This proposed EFC as an important tool in the economic development toolkit of the area that would be a means to create new job opportunities for area residents, create higher wage jobs, These factors would provide the long-term metrics against which to measure the success of the EFC.  

Once this business plan is executed, Phase I - the planning phase, will be complete. Interested parties will need to determine whether or not to proceed into Phase II - project implementation and resource development. 

EFC also involve facilities and facility-based services that provide clients with appropriate rental space, flexible leases, shared business services and equipment, technology support services and assistance in obtaining financing necessary for company growth.  

Business assistance and facility-based services are described more in details below.

Business Assistance - EFCs accelerate development of emerging companies by providing hands-on assistance during vulnerable start-up years. Assistance typically takes in the form of a package of business and technical support services including guidance and mentoring on business strategy, management, marketing, financial, legal, and product development issues as well as facilitated exposure to a know-how to do network of outside business resources and sources of capital.

Facility-Based Services - Locating entrepreneurs in one facility creates opportunities to lower costs associated with supporting a new business. EFCs usually provide office space to a number of complementary businesses. EFC’s offer flexible leases, shared use of conference rooms, reception and other common areas. EFC provides an infrastructural support of telephone, local area network and Internet services along with shared use of basic business equipment such as copier, fax machine, postage meter and other office equipment. EFC can give a much-needed visible identity to a new company which help to promote its offerings and find fund or investment capital from its resources.


 

Friday 29 January 2016

A Man with extra ordinary dreams



Umeash Sahhaii

He embarked his entrepreneurial journey at the age of 18 with manufacturing of UPS Inverters by the name of WELKEN ELECTRO MECHANICAL from a remote place and then looked beyond with seamless boundaries. He firmly stand in his various slogged time through sheer passion, dedication and honest work with a vision to create and recreate healthy, vibrant, and successful organizations that give more to the society than what they take from it.

A small and successful testing of his own skills with inverters horned and harness his own passion leads him to foresight a new opportunity between market needs and existing gap in software industry resulted a foundation of a software development company titled as Elves Technology and steer it from a startup in 2010 to a global web products company with over 4 businesses verticals, 10+ products, 60+ employees and millions of global customers. During this process he had already initiated his walk with Maverick Software (2007) & USAT Web Inc (2009) and become industry leaders in their respective verticals, Elves Technology has consistently featured amongst the fastest growing online Promotion Company in its time and still continues to manage Operations of Elves Technology with the same Vision, Mission and enthusiasm.



In all these years among all the factors related to commencement of new business to operation of start up one thing which he found common is changeless operation at such level, operating through limited funds as there is very little choice of trust there. Angel’s investors are more pre conscious about their money and fear trap on the founder’s ability may be due to lack of  experience to handle business efficiently on macro level.


umeash sahhaii

The major hurdle is the location from where it is being launched. It is a place of various culture and taste, thus every product might not be welcomed equally by every region. Also the cost of setup and support is too high. Even some time we found that we are not able to concentrate on our core functional area as we were very concerned about our day to day in-house services and operations, maintaining infra structure and services to staff by paying a huge part of our profit.  Now a big question arise in this complicated and critical scenario “how anyone can think to expand fearlessly” We even also faced that situation as well as we also lost our business because of limited infra structure and lack of funds how to migrate at premium services and bigger infrastructure.

He realized that there is a limited boundaries available for start-ups from government or from any public/private financial institutions and there is a huge scope and mega requirement of creating an affordable hassle free infrastructural support at very grass route level.

A new day started with extended vision to support youth and start-ups and that is where after many brain storming sessions with various stake holders i.e., new entrepreneurs, midsize organization, established business houses and most important budding and new startups concludes to established a very new business vertical a startups who will help others to get established upon the given platform.
Hence forth EFC (Entrepreneur Facilitation Center & Development) a leading India’s first economical business centers, an iconic driving force behind the growth and success of young talents who wants to start their own business.

EFC has been established to respond and the ever-increasing demand for professional, well-appointed workspaces, both from local and international clientele that affords you convenience and style in a unique package with aim to be the benchmark in providing the best business support services and amenities to clients.

EFC is perfect for professionals, consultants, start-ups and established firms, our Workspaces are planned to accommodate everything your business needs. Every square inch of the workspace is extremely well-thought-out and strategically designed so that you can make it your own. Rest assured, this is the best investment you can make for your business.

For an enterprise, location is everything. Our Business Hubs are always positioned in areas that give your business the advantage required to succeed. Our business destinations are perfect for enterprises with an eye on scaling up and leveraging the opportunity that comes with a strategic location. Make it yours and let your business reside at the epicenter of growth
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Wednesday 27 January 2016

ELDIL Captured high growth rate in a shortest span of time.



ELDIL Captured high growth rate in a shortest span of time.

A little more than four years ago, on Single Day of April 2012, the idea of Entrepreneur facilitation Center has actually taken shape in form of A Non Profit Organization with the vision of supporting and incubating It & ITES Startup, later on got converted as an private profit making company named as EFC LAND DEVELOPMENT AND INFRASTRUCTURE LIMITED has taken shape and that goes beyond imagination. With the collective effort of management and all who shared this dream, a vision was born to normally become the most innovative and trusted brand in Business Center Industry and Real estate industry by adopting new business practices with a focus on establishing a customer relationship based upon trust, ethics and transparency that would ensure both pleasant working culture and sustainable growth.

Gradually, during the short span of just four years, largely because of the untiring efforts and hard work put in by all who joined its bandwagon of unprecedented growth story, ELDIL. grew from strength to strength, adding one milestone upon the other and striking some important 'Firsts' in the Indian realty sector - like, First Economy Business Center launched In Pune and later on grew as an bunch of centers with exclusive services within the packages

As time rolled by, more and more qualified and motivated professionals came on board and ELDIL started emerging in the leadership row of industry players on the national level. ELDIL’s offices were opened across the length and breadth of state, and its business network grew leaps and bound.

Today, after completing four eventful years of corporate presence, ELDIL remains no longer a solitary real estate company but stands tall as end to end real state solution provider right in the forefront of the fastest emerging key players in the Indian real estate landscape with 6 running projects, 1500+ seater Business Center 50+ employees, 100+ satisfied customers.

And, all this has been possible not only because of the continued support, trust and belief of our strong legion of satisfied customers, employees, investors and associates but also because at the heart of our innovation lies our strong bonding with nature and our unflinching support in re-making our project EFC - beset with amenities and affordable working atmosphere and prosper!