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: 

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. 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.

EDC Committee 2024-25