Innovation, Incubation & Startup Cell

Sangamner Nagarpalika Arts, D J Malpani Commerce and B N Sarda Science College (Autonomous) Sangamner, Dist: Ahmednagar (Maharashtra) 422605 started the “Innovation, Incubation & Startup Cell” for nurturing and overseeing innovation and entrepreneurship. The aim is to encourage entrepreneurship among locals with the colleges serving as focal points. It is a platform for nurturing, encouraging and developing innovation and entrepreneurial skills among its students, research scholars and alumni, as well as students of the region.

Entrepreneurship in India is on the verge of explosive growth. Angel investors, venture capital, media, startup clubs, service providers, mentors and training companies are going to grow. And one important cog in the wheel is the incubator – the place where startups are born. When a baby is born, he/she is kept in the incubator for first few hours and maybe days–this gives them a chance to adjust to outside environment, and grow stronger before they face the outside world! In a similar way, a startup is incubated in Incubation Center, which gives them a chance to bring their business in shape, before they reach out to the world.

OBJECTIVES

• 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.

VISION

Innovation, Incubation & Startup Cell is a space for new age entrepreneurs and young minds to transform their innovative ideas into viable business propositions. Our primary vision is to facilitate a platform for a budding entrepreneur to start a business venture with minimum risks.

Incubation will ensure that incubates have access to technological assistance which will be generated through mentors with multidisciplinary expertise. We encourage young enthusiasts with creative pursuits with an inherent zeal to be entrepreneurs to take advantage of this novel initiative.

MISSION

The mission of Innovation, Incubation & Startup Cell is to nurture and empower the next generation entrepreneurs to serve the local problems. The students, alumni, local industries and also students of the Sangamner & nearby areas can come up with their ideas which might lead to the startup.

SAILENT FEATURES

• To encourage Entrepreneurship, innovation and incubation of ideas.
• To support the incubation of around 2 projects each year.
• Each project will be executed by a team of entrepreneurs (students/alumni/ Industry)
• Each project will be given infrastructural support such as workspace, internet etc.
• The program will cater to the projects that solve problems and find solution to local needs (district and state) rather than global problems and needs.
• The problem can be from any discipline but one should provide solution to the selected problem.
• To facilitate the students to get internships through the agro based companies which are under Innovation Incubation & Startup cell.