Event Name:AIMA BizLab Inaugural	Event Date: 16th April 2024
Faculty Coordinators:Dr. Krity Gulati Mehta, Ms. Neha Issar, Mr. Mohit Agrawal	Venue:Lloyd Business School, Greater Noida (Campus1)
Guests :Mr. Neeraj Kapoor, Head and Director AIMA Mr. Ashu Sikri, Assistant Director AIMA	MOC:

Detailed Report:

The inaugural ceremony of AIMA BizLab at Lloyd Group of Institutions marked a momentous occasion in the journey of fostering innovation and collaboration in academia and industry. The event commenced with a warm welcome address by Dr.Vandana Arora Sethi, Chief Strategy Officer and Head of Growth at Lloyd Group of Institutions, who extended a heartfelt welcome to all the dignitaries, faculty members, and students present.

Following Dr. Sethi's address, Mr. Ripudaman Gaur, Dean of PGDM, shared his insights on the significance of entrepreneurial mindset and innovation in shaping the future of management education. He emphasized the role of academic institutions in nurturing talent and fostering a conducive environment for creativity and innovation.

A key highlight of the ceremony was the signing of a Memorandum of Understanding (MOU) between the management of Lloyd Group of Institutions and AIMA BizLab. This partnership aimed to strengthen collaboration between academia and industry, facilitating knowledge exchange, research, and innovation.

Mr. Neeraj Kapoor, Head and Director of AIMA, delivered an insightful address, underscoring the importance of industry-academia partnerships in driving innovation and excellence in management education. The ceremony also saw the distribution of certificates to faculty members from Lloyd Group of Institutions who completed certification programs offered by AIMA BizLab. This recognition underscored the commitment of the faculty members towards enhancing their skills and expertise in the field of management education. Further, resource persons from AIMA BizLab and IBM were felicitated for their invaluable contributions and support in enriching the learning experience of students. The inauguration of the lab marked a significant milestone, providing students with a state-of-the-art facility equipped with the latest technologies and tools to fuel their creativity and innovation. Over 10 groups of students showcased their projects, pitching their innovative ideas and solutions to the audience. The presentations reflected the students' ingenuity and problem-solving skills, highlighting their ability to address real-world challenges with innovative solutions.

The event also featured the MindSpot Quiz, engaging participants in a stimulating intellectual challenge across multiple levels, fostering healthy competition and camaraderie among the attendees. The ceremony concluded on a celebratory note with the felicitation and distribution of awards and goodies to the best performers, recognizing their exemplary contributions and achievements throughout the event.

Overall, the inaugural ceremony of AIMA BizLab at Lloyd Group of Institutions served as a platform for fostering collaboration, innovation, and excellence in management education, setting the stage for a transformative journey towards a brighter future.