Sri VenkatesaPerumal College of Engineering & Technology: Puttur started the “Incubation Centre” 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.
The growth path of IT industry in Andhra Pradesh is only looking better and wider. After witnessing phenomenal growth in last two decades, IT continues to grow its share both in revenue and job creation, better than any other industry and any other state in IT sector.
- 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.
Incubation Centre 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.
The mission of Incubation Centre is to nurture and empower the next generation entrepreneurs to serve the local problems. The students, alumni of SVPCET,local industries andalso students of the Chittor district can come up with their ideas which might lead to the startup.
- To encourage Entrepreneurship and innovation and incubation of ideas.
- To support the incubation of around 5 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 an IT solution to the selected problem.
- To facilitate the students to get internships through the companies which are under incubation.
Invites applications from potential technology start-ups to avail the services of SVPCET incubator
The process of Selection is detailed under Selection Process. Application may have the following details: Name of the Applicant, his address, Telephone, email id and complete educational background and experience details of all the promoters team. A brief idea about the technology and business, type of research or development assistance needed, availability of start-up capital, services expected from SVP and declaration that the details shared are not any trade or commercial secret.
A panel of eminent technocrats will process the applicants, interview the promoters and select the ventures for incubation after carefully evaluating the business idea, market availability, potential value of the technology, growth prospects, innovative content and promoter team. The panel will consist of experienced and qualified professionals from specific industry, leading bankers, seasoned venture capitalists and academicians of repute.
Click here to download “Application SVPCET – Incubator“
YIIT INCUBATION CENTRE
Young Innovative IT Solutions Pvt. Ltd. is the one stop solution for all your Mobile Application Development, Web Development, Software Testing, Administrative Services, Software Development, Finance and Accounting related Services. Backed by a vast industrial experience and professional expertise, Young Innovative IT Solutions Pvt. Ltd., is a renowned Placement and Recruitment Consultancy in Tirupati, popularly called YIIT. YIIT cater to the manpower requirements of various employers and provide career boosting opportunities to job seekers across diverse industries like Finance, Engineering, Event Management, Sales & Marketing, FMCG, Telecom, and others.
YIIT established incubation centre at SVPCET, Puttur in the year 2014. YIIT is developing the ERP solutions to cater the need of Education sector and IT applications related to the Hotel industry. YIIT developing the following IT tools.
- E- Progress (for education sector)
- E-Menu (for hotel industry)