Page Text: Entrepreunership Development Cell : MITWS
This is an official blog for DIGITAL INCUBATION CENTER -MITWS. It is initiated for facilitating effective communication in the public domain about the activities and programs initiated by the. For any inquiry or suggestion you can freely contact: Dr. Karan Pratap Singh, +918630583793, Email- drkaranmitws@gmail.com, web- www.mitws.org
Thursday, June 4, 2020
What we are doing
INCUBATION CENTER
I “Dr. Karan Pratap Singh” as a coordinator of the incubation center JJT University trying to carrying out following activities. I have doctorate degree in Chemistry from BHU and have an experience more than 10 years in academics and industries. I along with my team will help materialization of new ideas and existing startup companies by providing various services, management training, office space and skill development. JJT University has state of Art frastructure and enough constructed buidings and office space. We provide laboratory and workshop facilities of the institute to the incming aspirants. I and my team involve in activities for developing a collaborative environment design to help create and grow young businesses by providing them with necessary support and financial and technical services.
Assess the market conditions and entrepreneurs requirements.
The market analysis is very important and the Shekhawati region of Rajasthan is a region where leading business/ corporate house has been established. Here enormous opportunities to develop new business module and innovative technological solutions based on locally available resources. We will collaborate with local business houses, industries, startup companies and academic institutes.
Identify team and service providers.
I engaged people from various departments of the institute to participate in various activities of the incubation center. Making an effective team is an important. That’s not surprising, because, despite our best efforts, teamwork sometimes fails and becomes very stressful. So I will be choosing right person at the right place, so that the incubation center will work in the most effective way.
Arrange for resources.
I will involve in the arranging required resources for incoming aspirant, entrepreneurs and local youth – Rented office space, internet and computer facilities, basic laboratory facilities, work shop and fitter space, scientific and analytics software and apparatus. These facilities and resources will provide on the share basis.
Organize events and activities
I will organize workshops, training sessions, skill development programs, invited lecture from industries, business houses senior professors, and industrial/field/laboratory visits.
Establish industry linkages.
Starting a new business sure is a massive task. Especially at the nascent stage, involves the most significant parameters that help entrepreneurs and proprietors in determining and mapping the nature and functionalities of their business. It is in this phase that, all the paramount decisions related to business resources are made, registrations are done and certain intellectual properties are patented and copyrighted. Other than involvement of institution people we will also communicate with agencies and companies who provide various type of services such as; related with IPR, market research, contractual or third party R and D, contractual manufacturing, supplier of raw material, advertisement and media houses. A networking with our industrial partners will help us to give appropriate guidance to startup, partnership, and training.
Draw out a calendar of activities.
Every incoming entrepreneur will be support for a limited time, based on its level of progress they are incubating for 3 month to 18 month in the center on minimum appropriate fee for service and rental space. Regular assessment the progress and proper time line will be finalize.
Attract, select, retain and manage startups.
Regular advertisement, event management, student meeting, social media campaign, collection of ideas, online platform for dynamic interaction with entrepreneurs, investment and startup submits will be organize for attracting youths and small and medium scale industries.
Apply for other funding agencies and corporate for funding so that we can provide term loans and seed money to startup companies.
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