TECHNOLOGY INCUBATION CENTRE FACULTY OF ENGINEERING & TECHNOLOGY IASE (DEEMED TO BE UNIVERSITY)
An incubation center enables students get first hand experience in entrepreneurship, promote innovation driven activities at the institute and provide comprehensive and integrated range of support including space, mentoring, training programs, networking and an array of other benefits.
Just as one cannot imagine a college today without a library or a place for physical activity, an incubation center is equally essential in today’s competitive and fast changing world. Through the incubation center, students gain hands-on experience in innovation and entrepreneurship while being nurtured and encouraged by faculty, management and industry experts.
It is the hub of innovative and high impact ventures in social, educational, commercial and other domains. It hopes to bring forth a revolution in how and what students learn and achieve while in college. It will help students to reach their highest ambitions.
The Incubation center at an operational level is responsible for nurturing innovative ideas by handholding the founders through the business proposal stage, identifying the target market, creating a minimum viable product/ service, technological guidance, industry exposure, pre-launch activities, consumer feedback and exposure to the investor community.
To create jobs, wealth and business aligning with national priorities.
To promote new technology/knowledge/innovation based startups.
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 startup ecosystem, by establishing a network between academia, financial institution, industries and other institutions.
To provide cost effective, value added services to startups like mentoring, legal, technical, intellectual property related services.