Software Incubation Cell

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.

Need for Incubation Centre

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.

  • Vision

    To facilitate a platform for a budding entrepreneur to start a business venture with minimum risks.

  • Mission

    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.

Long Term Objectives

  • To create jobs, wealth and business aligning with national priorities
  • To promote new technology/knowledge/innovation based start-ups.
  • To provide a platform for speedy commercialization of technologies developed by the host institution or by any academic/technical/R&D institution
  • To build a vibrant start-up ecosystem, by establishing a network between academia, financial institution, industries and other institutions.
  • To provide cost effective, value added services to start-ups like mentoring, legal, technical, intellectual property related services.

Short Term Objectives

  • To encourage Entrepreneurship and innovation and incubation of ideas from the students.
  • To support the student projects which can be developed into start-ups.
  • To conduct technical, business and innovative workshops, boot camps, hackathons in the campus.
  • To encourage students to participate entrepreneurial events outside the campus.
  • To cater to the projects that solve problems and find solution to local needs (district and state) rather than global problems and needs.
  • To facilitate the students to get internships through the companies which are under incubation.

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