MSNIM organises Ideation ’26 to commemorate founder Srinivas Nayak’s birth anniversary

Manel Srinivas Nayak Institute of Management (MSNIM), Bondel, celebrated the fourth edition of Mangaluru Entrepreneurs’ Day, titled Ideation ’26, to commemorate the 113th birth anniversary of late Manel Srinivas Nayak, founder President of the Institution, recently.

The event formed part of the Founder’s Day observance and featured a Student Pitch Challenge by MBA students of the institute. Mangaluru Entrepreneurs’ Day sought to nurture entrepreneurial thinking among students and strengthen industry–academia collaboration. Upholding Manel Srinivas Nayak’s belief that education must empower individuals to become innovators, leaders and job creators, Ideation ’26 encouraged students to develop viable business ideas capable of contributing to regional economic growth and employment generation.

Dignitaries, including Vathika International Travels’ Vathika Pai, Women’s National Education Society president Manel Srinivas Nayak, MSNIM mentor V Leeladhar and others paid tributes to the founder at the beginning.

Ms. Pai described ideation as the true starting point of entrepreneurship. “Entrepreneurship does not begin with capital; it begins with curiosity, courage and commitment,“ she said. Emphasising the evolving business landscape, she observed that technology, ethics and purpose must grow together and urged students to build enterprises that create value beyond profit while remaining rooted in integrity.

Mr. Annappa Nayak encouraged students to become creators of opportunity rather than mere seekers of employment. “The scale of investment is secondary; what matters most is the decision to begin,“ he remarked.

The inaugural ceremony was followed by business plan presentations by MBA students, who pitched their ideas before a panel of judges. Prizes were awarded to the top three teams.