Incubation Centre is a space within the campus for new age entrepreneurs and young minds to transform their innovative ideas into viable business propositions. Cell will ensure that incubates have access to technological assistance which will be generated through mentors with multidisciplinary expertise. It is expected that encouragement for young enthusiasts will be provided with creative pursuits with an inherent zeal to be entrepreneurs to take advantage of this novel initiative. It tend to draw on the resources and expertise of their staff, external consultants, existing entrepreneurs, peer-to-peer networks, and external enterprise support. They tend to operate using mixed revenue streams from rental income and fees or funds. These may be obtained from other private and public sources. It help young entrepreneurs to solve some of the problems commonly associated with running campus start-ups. Active participation in the incubation cell will be an added advantage for the students to nourish various courses in the curriculum.
For entrepreneurs, the start-up stage can be treacherous and exhausting. Business incubators are there to help with the growing pains by providing them with seed money office space, supplies, technologies, office spaces, offer professional services (such as marketing and accounting) and connect company founders with mentors, clients, and venture capital firms. This will set as a base for all the budding entrepreneur.
To facilitate a platform for a budding entrepreneur to start a business venture with minimum risks.
To encourage student entrepreneurs to bring out their technical talents by providing a platform for nurturing, encouraging and developing innovation and entrepreneurial skills within the campus.
© 2023 SNGCET | Powered by SRV InfoTech