Innovation and Start-up Policy

Innovation & Entrepreneurship Development Centre

Innovation and Entrepreneurship Development Centre (IEDC) of KCG College of Technology has two wings of operation, namely i-cell (innovation cell) and e-cell (entrepreneurship cell). Keeping in line with the vision & mission of the institution, IEDC aimed at excellence in technology facilitating innovation, entrepreneurship and social entrepreneurship. Our Management always wished to keep the institution at par excellence in Technology and other global trends.

With the support of our management, the college became a member of National Entrepreneurship Network (NEN) who backed the formation of e-cell &i-cell in November 2008 & May 2009 respectively. The aim of IEDC is to guide and encourage the students to convert their ideas into innovations, to train the students to analyse the market opportunity and to convert innovation to commercialisation.

Institutions Innovation Council (IIC)

Ministry of Human Resource Development (MHRD), Govt. of India has established ‘MHRD’s Innovation Cell (MIC)’ to systematically foster the culture of Innovation amongst all Higher Education Institutions (HEIs). The primary mandate of MIC is to encourage, inspire and nurture young students by supporting them to work with new ideas and transform them into prototypes while they are informative years. In the process, KCG has started Institutions Innovation Council (IIC) in November 2018 and formed a council comprising of internal faculty members and external experts to monitor the progress and activities of IIC on campus.

Functions of IICs

• To conduct various innovation and entrepreneurship-related activities prescribed by Central MIC in time bound fashion.
• Identify and reward innovations and share success stories.
• Organize periodic workshops/ seminars/ interactions with entrepreneurs, investors, professionals and create a mentor pool for student innovators.
• Network with peers and national entrepreneurship development organizations.
• Create an Institution’s Innovation portal to highlight innovative projects carried out by institution’s faculty and students.
• Organize Hackathons, idea competition, mini-challenges etc. with the involvement of industries.

More information on activities of IEDC is available in the below link
https://kcgcollege.ac.in/academic-support/iedc/

As the innovation and entrepreneurship go hand-in –hand, and the IEDC matured to grow as Technology Business Incubator (KCG Innovation , Incubation and Entrepreneurship centre) entirely supported by our Management on 2nd February 2015, to house technical startups by aspirant entrepreneurs. The thrust areas in IT and IT services, Design and Manufacturing in Mechanical, Electrical and Electronics.
The experience of operating a campus company has enriched the skills to become their own boss. This achievement of i-cell and e-cell made our management to invest in setting up a Technology Business Incubator- KCGIIEC in 2015. Today this TBI housed21 businesses operated by entrepreneurs from the community as well as an alumnus of KCG College of Technology. KCGIIEC provides opportunity for students to intern with the incubatees.

http://kcgtbi.com/

KCG College of Technology has the enthralling infrastructure to support the entrepreneurs and start-ups in the thrust areas. The college has a plethora of Centre of Excellence (CoE) in association with industry partners. The list of CoE’s and the faculty single point of contact is attached herewith

SPOC COE

The college also has abundance of equipment’s and instruments to support innovations. The list of equipment’s departmental wise is available below for your quick reference

List of Equipments

The region has strong support for fostering entrepreneurship and here is the list of incubators in and around the region

AIC – Anna University Incubation Foundation
AIC – Anna University Incubation Foundation is a section 8 company founded by the Anna University with the grant from Atal Innovation Mission, NitiAayog, Government of India to build a vibrant innovation and startup ecosystem in the country.
https://www.annaincubator.org/

IIT Madras incubation cell
IITM Incubation Cell coordinates & leverages the synergies in various strands of excellence driving innovation and entrepreneurship at IIT Madras, consisting of cutting edge research, industrial interactions and university driven IITM Research Park and a stellar record of incubation in rural, social and industrial technologies
http://www.incubation.iitm.ac.in/home

IITM Rural Technology Business Incubator
IIT Madras’ Rural Technology and Business Incubator (RTBI) is a registered not-for-profit society established in Oct 2006. Its mission is to incubate start-ups whose focus is to impact rural/underserved societal segments, leveraging ICT (Information and Communication Technologies).
http://www.rtbi.in/

IITM Healthcare Technology innovation centre
The MedTech Incubator’s prime focus is to build a community of healthcare entrepreneurs who can deliver innovative, affordable and valuable Medtech solutions and products for the Indian society. The incubator provides wide-ranging support to start-ups and entrepreneurs working at the intersection of healthcare and technology. MTI also extends its support by providing a stimulating platform for healthcare enthusiasts to get their hands dirty working on premature ideas.
https://htic.iitm.ac.in/mti/

KCG College of Technology has strong connections with the industry to elevate the advancements of technology. The college has signed several MoU’s with the leading industries to support the students and faculty. The list of industry collaborations and faculty single point of contact is available below

SPOC Industry Collaborations

KCG College of Technology has its own IP policy to facilitate filings of patents by students and faculty. Till date, the policy has facilitated filing of more than 50 + patent applications from students and faculty. The IP policy document is available below for quick reference

IP Policy

KCG College of Technology and IEDC has transformed many of its fervid students as entrepreneurs and start-ups founders. The college also strong alumni network who are into entrepreneurship and start-ups. Here is a list of alumni entrepreneurs and start-up founders.

Alumni List