PaEV is a single-credit practicum course of 16 weeks duration from Term 3 to Term 5, which will be considered as a Term 7 elective. Students will learn to prepare business plans in ten classroom sessions and a few guided sessions. Team size is limited to three or four members. This course provides an exciting introduction to entrepreneurship and new-venture creation. It equips Students with conceptual frameworks for identifying entrepreneurial opportunities, evaluating techno-commercial attractiveness for investment, and launching a new venture. The course modules are designed such that Students are able to understand and apply the techniques and processes that can be used to identify entrepreneurial opportunities and prepare a realistic business plan based on their ideas. The class size for PaEV is restricted to 120 students. Selection is based on presentation of entrepreneurial ideas.