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FAQs

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Q6 If all the gains from my business are mine and losses are ICED's, then why is ICED doing it?
Answer

First, it is our vision to encourage entrepreneurial culture in managers in India. When one student gets placed in an existing company, only he gets employed. But when one student starts a business, he creates employment opportunities for 10 others. This is our contribution to the economy.

Secondly, an educational institute is known by the students it has. The students in turn are known by their station in life. So, just as it is our endeavor to ensure good placements, we would also like to help create successful business people.

   
Q7 Will I have to sign a bond with ICED? What if I take up a job in-between and leave without giving notice?
Answer Here too, the decision is yours. If you understand that the business is not going anywhere and you will be better off doing a job, you could do that. ICED will consider that it has cut its losses. 
   
Q8 Can I change my business in the middle while in ICED?
Answer Yes, to the extent envisaged in your business plan and permitted by the Memorandum and Articles of Association of your company
 

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