MSME Incubation Centre


Brief Introduction of MSME Incubation Centre


The Government of India is keen to develop technology for new products and processes. IIMT College of Engineering is one of the recognized R&D Incubation Centre by Ministry of MSME, Government of India on 12th. February, 2015. The students from engineering stream are chosen to develop new ideas. The ideas are being presented and awarded by way of funding. The incubatee develop the technology so that they can become entrepreneur and have appropriate start up.

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In Phase-I, ten product ideas were submitted and presented to MSME, Government of India. Out of the ten ideas, five ideas were approved which are as given below:


S.No.

Details of Idea Proposed

Amount Sanctioned (in Lakhs)

1

An Advanced security system for female protection

5.860

2

LED Driver for Laptop and TV

4.00

3

Non-Conventional Electricity Source using Humanoid Locomotion

5.675

4

A novel Cost effective intelligent chair where intelligence can be added in modules

5.910

5

Electrical Discharge Diamond Drilling: Development of Set-up.

5.990



Once again in phase-II, twelve new ideas were submitted and presented in the session 2016-17. On 4th August, 2017, following ideas were approved and awarded for funding.

S.No.

Details of Idea Proposed

Amount Sanctioned (in Lakhs)

1

Low Harmonic Distortion Inverter

5.00

2

Ambulance Drone

5.00

3

Life Band

4.00

4

Use of Waste heat from ACs

4.00


The institute is very much thankful to Ministry of MSME, Government of India for recognizing us as one of the R&D Incubation Centre of MSME.