SIES | GST

ENTERPRENEURSHIP DEVELOPMENT CELL:

The Pre-Incubation Cell was inaugurated at SIES Graduate School of Technology (SIESGST), Nerul, Navi Mumbai on July 26, 2023 by Dr. P.V. Parameswaran, Hon. Advisor. Pre-Incubation cell provides facility dedicated to supporting and fostering innovation, entrepreneurship and startup culture among the students and alumni of the institute. The Cell provides a conducive environment where aspiring entrepreneurs can nurture their ideas and turn them into successful ventures. Here are some key aspects of the Pre-Incubation Centre:

Incubation Support: The centre offers various incubation support services to students and alumni who have innovative ideas or startups. This support may include mentorship, access to resources, workshops, networking opportunities, and guidance from experienced entrepreneurs.
Idea Validation: Aspiring entrepreneurs can get their ideas validated at the Preincubation Center through discussions, market research, and feasibility studies. This helps them understand the potential of their ideas and refine them further.
Co-Working Space: The centre provides a shared workspace for the incubates, where they can work on their projects, collaborate with peers, and immerse themselves in an entrepreneurial ecosystem.
Access to Resources: The Preincubation Centre may offer access to essential resources such as internet connectivity, meeting rooms, library facilities, and prototyping tools, depending on the specific setup.
Training and Workshops: Workshops and training sessions are organized to impart entrepreneurial skills and knowledge to the incubates. Topics covered may include business planning, marketing, finance, legal aspects, and pitching.
Networking and Industry Connect: The centre facilitates networking opportunities with industry experts, investors, mentors, and successful entrepreneurs. Such connections can be invaluable for gaining insights and funding opportunities.
Funding Assistance: The Preincubation Center may guide startups in seeking funding from various sources, such as government grants, angel investors, venture capitalists, or crowdfunding platforms.
Incubation Period: Startups may have access to the Preincubation Center's resources and support for a specific incubation period, typically ranging from a few months to a year or more, depending on the program's structure.
Demo Days and Pitching Events: The centre may organize demo days or pitching events where startups can showcase their ideas or products to potential investors and industry stakeholders.
Alumni Engagement: The Preincubation Center may actively involve alumni who have entrepreneurial experience to mentor and guide current students in their startup journey.

Overall, the Pre-Incubation Center at SIESGST, Nerul, Navi Mumbai, plays a crucial role in nurturing entrepreneurship, fostering innovation, and contributing to the growth of the startup ecosystem within the institute and the surrounding community. It serves as a launchpad for aspiring entrepreneurs to transform their ideas into viable and successful businesses.

NISP & EDC Committee

Sr. No.	Name	Designation	Position of Committee
1	Dr. K Lakshmisudha	Princ.ipal	Convener
2	Dr. Kalyani Pampattiwar	Faculty CE	Coordinator
3	Ms. V. Vijayalakshmi	Registrar, SIESGST	Member
4	Mr. Vinay Vishwanath	Karpuragaurai Technologies Pvt. Ltd - Industry Expert	Member
5	Mr. Ajay Kumar Sahu	Greenox E-library Pvt. Ltd - Industry Expert	Member
6	Mr. Daryl Shelven Thomas	Greenox E-library Pvt. Ltd - Industry Expert	Member
7	Mr. Adarsh Korade	E-Cell, Student Representative	Member

Roles and Responsibilities:

To provide a platform for interaction with entrepreneurs.
Impart entrepreneurial education/skills amongst students through various trainings and exercise.
Motivate students to develop their own startups. Develop business incubators.
Create corpus fund to seed ventures.
coordination of all MHRD, Webinars and Start up related seminars and maintain the documents for the same.

Frequency of Meetings:

Two per semester and as needed for significant purpose

Roles and Responsibilities:

To provide a platform for interaction with entrepreneurs.
Impart entrepreneurial education/skills amongst students through various trainings and exercise.
Motivate students to develop their own startups. Develop business incubators.
Create corpus fund to seed ventures.
coordination of all MHRD, Webinars and Start up related seminars and maintain the documents for the same.

Frequency of Meetings:

Two per semester and as needed for significant purpose

Activity Report 2024-25 Activity Report 2023-24 Incubation Internship and projects

MoU Signed With Startup

Sr. No.	Startup Name	Area
1.	Karpuragaurai Technologies Pvt. Ltd	Artificial Intelligence, Blockchain, Cyber Security, and Digital Forensics etc.
2.	Greenox E-library Pvt. Ltd	Artificial intelligence, Computer vision ,Embedded systems and microcontrollers focusing on R&D of robotics etc.

SIES GST STARTUP CENTER VISION:

To be a center of excellence that harnesses the harmony between industry and academic to inculcate innovation and entrepreneurship culture in the Graduate, ultimately contributing to the society.

SIESGST STARTUP CENTER MISSION:

To create an environment to Young Incubatee and support them to endorse innovative ideas for successful startups.
To build a platform for entrepreneurial opportunities for students, faculty members and researchers.
To nurture and support entrepreneurial skill amongst the Incubatee for technological startup for wealth and employment in the society.

Introduction to NISP at SIESGST

The National Innovation and Startup Policy (NISP) is a government initiative aimed at fostering a culture of innovation and entrepreneurship within educational institutions. At SIES Graduate School of Technology (SIESGST), we are committed to encouraging innovation and providing students, faculty, and staff with the tools and resources necessary to turn their ideas into successful startups. Through NISP, SIESGST aims to integrate innovation into the academic ecosystem and empower individuals to create impactful, sustainable solutions.

Objectives of NISP at SIESGST

The National Innovation and Startup Policy serves as a guide to achieve several key objectives at SIESGST:

Promoting Innovation in Educational Institutions: NISP provides a framework to nurture innovative thinking and problem-solving among students and faculty, empowering them to generate groundbreaking ideas.
Encouraging Startup Culture: The policy encourages students and faculty members to pursue entrepreneurial ventures, offering them the support they need to bring their ideas to life.
Creating a Sustainable Ecosystem for Entrepreneurship: At SIESGST, we aim to provide a robust ecosystem with mentorship, resources, and funding to help students and faculty navigate the startup journey.

Key Features of NISP at SIESGST

The National Innovation and Startup Policy at SIESGST introduces several essential features:

Innovation & Entrepreneurship Culture: We encourage students and faculty to embrace innovation in both academics and extracurricular activities, creating a dynamic environment for problem-solving and creativity.
Establishment of Incubators: In line with NISP, SIESGST is focused on establishing incubation centers where students can access mentorship, workspace, and resources to develop their ideas into successful startups.
Mentorship & Networking: Students and faculty can benefit from connecting with experienced entrepreneurs, industry professionals, and investors through mentorship and networking programs designed to support the growth of their ventures.
Funding & Grants: SIESGST helps facilitate access to financial resources through government schemes, grants, and partnerships with venture capitalists, ensuring that startups have the financial backing they need.
Skill Development: Through various workshops and skill-building programs, NISP at SIESGST helps students develop crucial entrepreneurial skills, from business planning to leadership and innovation management.

Implementation and Impact at SIESGST

At SIESGST, we are committed to implementing the National Innovation and Startup Policy by integrating it into the academic fabric of the institution. Our students are encouraged to participate in workshops, incubation programs, and innovation challenges designed to foster a culture of entrepreneurship. Several successful startups have already emerged from within our institution, thanks to the guidance and resources available through NISP. Additionally, SIESGST collaborates with various industry leaders and government agencies to strengthen the ecosystem and offer students valuable opportunities for growth.

NISP's Role in Boosting the Startup Ecosystem at SIESGST

The National Innovation and Startup Policy is instrumental in helping SIESGST contribute to India’s vision of becoming a global leader in innovation and startups. By implementing NISP, SIESGST is building a startup ecosystem that empowers students and faculty to bring innovative ideas to the forefront. Through this initiative, our institution plays a vital role in shaping India's entrepreneurial landscape and creating national-level recognition for successful ventures.

SIESGST STARTUP CENTRE OFFERINGS:

SIESGST Infrastructure: Office Space, Meeting rooms, Conference rooms, Labs etc.
Utility: Power Supply, Internet connection .
IT Support: based on its availability and requirement.
Financial Assistance: Subjected to eligibility and selection process.
Advisory and coaching: Mentoring, Training, and workshops etc.
Network: SIESGST network of alumni and experts from industry, faculty, researchers etc.
Ecosystem advantage: easy access to technical resources and interactions, students, library.

SELECTION PROCESS FOR APPLICANT OR STARTUP:

The startup or incubates are selected based on following stages:

STAGE 1: Internal / External review expert committee (Preliminary analysis):

Online or offline form submission.
Preliminary Screening.
Evaluation of Business proposal.

STAGE 2: Internal / External review expert committee (Assessment of the idea/business plan):

Invitation for pitching presentation.
Recommending startup for incubation.
Invitation to discuss the requirement and incubation agreement.
Induction in SIESGST Startup Center.

ENTERPRENEURSHIP DEVELOPMENT CELL:

NISP & EDC Committee

Roles and Responsibilities:

Frequency of Meetings:

Roles and Responsibilities:

Frequency of Meetings:

MoU Signed With Startup

SIES GST STARTUP CENTER VISION:

SIESGST STARTUP CENTER MISSION:

Introduction to NISP at SIESGST

Objectives of NISP at SIESGST

Key Features of NISP at SIESGST

Implementation and Impact at SIESGST

NISP's Role in Boosting the Startup Ecosystem at SIESGST

SIESGST STARTUP CENTRE OFFERINGS:

SELECTION PROCESS FOR APPLICANT OR STARTUP:

MOMs

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