Shantanu Prakash is chosen the “Entrepreneur of the Year” at Indian Education Awards 2011, the National Awards on Excellence in Education

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Franchise India, presented “Entrepreneur of the year” award to Mr. Shantanu Prakash in the Indian Education Awards 2011 organised to recognize and acknowledge the initiatives and achievements of certain individuals and institutions that have contributed significantly towards the growth of the education sector in India in the recent times.

These National Awards on Excellence in Education, felicitated achievers, innovators and suppliers from various fields of the education industry. The event oraganised by Franchise India was held at Hotel Claridges, Surajkund April 22 and 23 and was focussed on discovering the pulse of education business in the country. The awards were presented across 23 major categories.

The awards ceremony also witnessed special performances by singer Shibani Kashyap and Zenith Dance Troupe. A prestigious report titled 'Education Franchising Report 2011' was also released by Franchise India during the Congress. This report showcases how education sector is the biggest contributor to the fast growing franchise industry in India. With over 390 active education franchisors and approximately 50,000 franchised education outlets across the country, the sector claims 30 percent share of India’s franchise market which is estimated to be around US $7.2 billion. EuroKids (A chain of pres-schools where Educomp has the majority stake) was chosen as the Best Licensing Program in Education.

Key speakers at the Congress included Sudhir Kapur (chairman, CII Sub-Committee on Education), Dilip Chenoy (chairman, National Skill Development Corporation), Prof. Raj Shekhar Pillai (vice chancellor, IGNOU), Barry O’Callaghan (chairman, EMPGI), Ashok Ganguly (former chairman, CBSE), Rajesh Gopal (president-education, Technopak Advisors Pvt. Ltd.), Lokesh Mehra (director-education, Microsoft), R. C. M. Reddy (managing director, IL&FS*), Poonam Agarwal (head–international education, NCERT) and Shantanu Prakash (chairman, Educomp). Every aspect of education as an enterprise, including global outlook of the education sector, innovations in education delivery, technology as a key driver of education in 21st century, funding education: role of private equity and banks, legal due diligence and compliance, private-public partnerships, the evolving K12 landscape and the transforming scenario of vocational education, was discussed at length at the Congress. There was also a valedictory presentation by Dr. Narendra Jadhav (member, Planning Commission) on the topic “Connecting education policy to private education: A Planning Commission Perspective”.