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Center for innovation, incubation & entrepreneurship

Startup and Incubation Professional à StartupActivator
9 Jul 2014
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Center for innovation, incubation & entrepreneurship

  1. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP By S R Mustafa
  2. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP Our Vision To create a world class facility and support infrastructure to translate knowledge and innovation into creation of successful entrepreneurs. Our Mission IMS will create an ecosystem that will foster and support innovation and knowledge based entrepreneurship amongst the IMSians community, students of neighbor institutions and other startups of the region leading to the creation of innovative startups.
  3. Organization  A separate society needs to be registered as non profit society / section 25 company.  Managing / Executive committee need to be appointed for the planning, execution and monitoring of the center. ( structure of the committee may be discussed and decided by the management)  Allocation of 2000 sqr ft area with office infrastructure to accommodate minimum 5-10 startups.  Membership of NEN, TiE, Nasscom, ISBA, FICCI- CMSME, PHD Chamber of commerce. ( remember CII and Assocham is not best fit for the startups)  Separate website of the center with hyperlink on the IMS-Ghaziabad website and group of institutions website under center of excellence menu. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  4. Major wings / projects under the umbrella of the center of excellence E-Cell – Student led organization to promote entrepreneurship among IMSians and other neighboring students. IEDC- Innovation and entrepreneurship development center under support from NSTEDB, DST, Govt of India. DC-MSME Incubator – Business incubator under DC-MSME support scheme for entrepreneurial and managerial development. Technology Business Incubator – NSTEDB, DST, Govt. of India supported technology business incubator. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  5. IMS-eCell IMS students run independent organization to promote entrepreneurship among IMSians, students of neighbor institutions and other aspiring entrepreneurs of the region. The objective of e-Cell is to develop entrepreneurial and managerial skill of students through practical approach of learning by doing. Organization  Advisory board comprising alumni, faculty members and corporate leaders.  Executive team of students.  Separate website hyper-link with IMS group of institutions. Role Execution wing of the IMS-CIIE for organizing various events and entrepreneurial activities. Outcome Entrepreneurial culture, identification of potential entrepreneurs to be supported under IEDC and DC-MSME scheme, Increase in the valuation of the brand equity of the institution. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  6. Proposed activities through e-Cell  Conduct of workshops / training  Launch of My stories program  Launch of one week venture program  Launch of intra IMSian startup challenge  Launch of Flagship open startup challenge  Conduct of eSummit 2014 / 15 and startup Award Growth plan of the cell  Separate society would be registered by students for students run and governed by IMS-CIIE  Launch of membership program to make the cell self sustainable. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  7. Activity Calendar Month Activities June Planning & preparqation July Ideation to execution - workshop @ IMS-Gzb by S R Mustafa Ideation to execution - workshop @ IMES by S R Mustafa Formation of e-Cell and selection of the team Website development for CIIE and e-Cell August Training program on Social Media Marketing by external training agencies Launch ceremony of the cell and webiste Technology trends and business opportunities - National seminar Business Planning - workshop by SR Mustafa @ IMES September Intellectual property rights - workshop @ IMES by external experts Training program on Open source technologies by external trainer Business Planning - workshop by SR Mustafa Launch of My story session October Launch of intra IMSian idea challenge 2014 Launch of Open Startup Challenge 2014 November Preparation and marketing drives for eSummit 2014 December Conduct of 2 days grand eSummit 2014, idea presentation and startup Expo January Identification of 5 students / external startups submission of proposal to NSTEDB for IEDC submit of proposal to access grant support to the incubate companies under DC-MSME scheme CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  8. Lets ideate more…………. Your suggestions are highly recommended to improvise the program to create a better impact. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  9. Some suggestions Separate flex hoarding should be erected for CDC and CIIE at wall side of the campus. Separate landing web page needs to be created for CDC where detail of the training program shall be texted. Association of CDC should be with Vskill to conduct certified training program. Social media marketing must be taken aggressively to promote every center of the IMS to create visibility and branding. Students services center – A separate center should be open to provide services to students such as financial services, education loan, awards, scholarship, grant etc. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP
  10. CENTER FOR INNOVATION, INCUBATION & ENTREPRENEURSHIP References http://web.mit.edu/sfs/afford/undergraduate_expenses.html
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