Innovation & Entrepreneurship Development Cell
Entrepreneurship is vibrant assertion of the facts that individual can be developed, outlook can be changed and their ideas can be converted into action though on organized systematic program for entrepreneurs. It was also felt that systematic training can be given Entrepreneurship Development is one of the core competencies of technical human resource. Creating awareness regarding entrepreneurial traits, entrepreneurial support system, opportunity identification, project report preparation and understanding of legal and managerial aspects can be helpful in motivating technical stream students to start their own small scale business. Keeping in this view, Institute of Engineering and Science IPS Academy Indore in collaboration with The National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of science & Technology (DST), Government of India took the initiative.
Under the banner of DST Institute has been organized workshop for students in association with IIT Kharagpur on 18th Oct.2012 also one faculty development program on “Entrepreneurship” had organized on 18th to 21st Oct 2012.
Ministry of Micro, Small and Medium Enterprises
OBJECTIVES OF THE BUSINESS INCUBATOR
Information Technology, Technical Training’s and Workshops, Electronic Applications, Mobile Applications.Innovative Ideas related to domains of Engineering and Allied Industries, Bio- Technology, Pharmaceuticals, Information Technology and Nano-Technology. However, any other Products or Processes which are Innovative in nature, not limiting to the domains mentioned above, can also apply for funding.
Training’s and Workshops, Entrepreneurship Boot camp, Business Plan Preparation, Market Survey, Operational Plan Formulation, Review and Monitoring, IT tools training, Reporting and Compliance.
ABOUT THE SCHEME
The scheme aims at nurturing innovative business ideas (new and/or ingenious technology, processes, products, etc.) which could be commercialized in a year. Level of Funding: About Rs – 4 Lakh to 8 Lakh per Innovative Business Idea. Click here for all the details regarding the scheme.
WHO CAN APPLY?
Anybody (Individual/Micro and Small Enterprises) having innovative business idea can apply. 10 Ideas whose expectations meet the Objectives/Guidelines of the Scheme, will be shortlisted for approval by the Management Committee at the MSME-TBI at IPS ACADEMY. The Incubate Application format can be obtained from the website of the institution: ies.ipsacademy.org or from website of DC-MSME. Incompletely filled Incubate Applications will be rejected.
HOW TO APPLY?
Innovators/Researchers/Entrepreneurs with concise abstracts about their Business Ideas and Business Plans on commercialization may send their proposal on email@example.com with subject title “Proposal for TBI” or may approach, CRIE, IES IPS ACADEMY. An Innovators camp will be conducted in the first week of November, 2016 at IPS ACADEMY where the aspirant Innovators will have to present their Innovative Ideas to the local screening committee of MSME-TBI, IPS ACADEMY. Click here for the application format.