Msme Business Incubation Center
The MSME Business Incubation Center of IIMT College of Engineering was established to foster innovation and entrepreneurship culture among students and faculty members of the region. It helps and provides support to young entrepreneurs and innovators by providing a plan to boost their idea from the pre-incubation stage to the product stage. The center provides all types of support from the ideation stage to the final prototype stage to the Startup stage. It aims to develop entrepreneurship abilities for the faculty members and students so that they can empower society and improve the economy. The center aims to convert the conventional job-seeking approach of the students and researchers to a disruptive job providing approach. Center reduces the gap between venture capitalists and innovators by providing many types of entrepreneurship development training such as mock investor rounds, pitch presentations, etc. Center works in close coordination with the Ministry of MSME to provide all possible support to boost startups.
Ministry of MSME under Incubation scheme provides up to 15 Lakhs* for an idea to convert it into minimum usable prototype phase. MSME also provides managerial and entrepreneurial support to the incubator in different phases of the invention.
The main mission of this incubator is to provide a platform to enrich entrepreneurial skills among the researchers and innovators so that they aim to Atmanirbhar Bharat is fulfilled. Promote all product-based startups in the region to boost the economy.
Investor, Venture Capitalists, and Angel Investor Support
Entrepreneurship development training
Business Plan Development Support
Market Research Support
Govt. Schemes Fund Support
Support Provided by MSME
|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|
|6||Low Harmonic Distortion Inverter||5.00|
|9||Use of Waste heat from ACs||4.00|