Contribution to Ecosystem

INNOVATION LABS

Scient Lab- Student Centre for Innovation in Engineering and Technology
 

 

An open innovation centre on campus, encouraging each student of NIT Trichy, regardless of branch, batch, or degree, to dream up any and all kinds of ideas, and build them straight out of their imagination. It was set up on campus by the REC Trichy batch of 1990. At SCIEnT, students are offered a multitude of tools, machines, consumables and services, all available 24/7. SCIEnT is well equipped with quality tools ranging from spanners to a lathe, resistors to Intel Galileo boards, letting you take your prototypes to heights of technical perfection. SCIEnT is Providing funding, resources, and mentorship to anyone on campus who has an idea that they want to bring to reality.

IOT Lab

NIT Trichy has set up an Internet of Things lab, in association with INTEL, ATMEL, Broadcom and FORD. Members of ‘The 1981 Alumni Trust’ of the National Institute of Technology – Trichy had set up this ‘Internet of Things’ (IoT) Innovation Centre for taking up research.

The centre, essentially a research laboratory, has been set up at an expenditure of Rs. 20 lakh. The trust has not only donated the laboratory but also provided three projects to be taken up by students.

Three batches of students of the institute would take up research projects on developing “smart bus”, “smart house” and an Internet of Things (IoT)-assisted car.

AWARENESS CAMPS

CEDI has conducted the following promotional and awareness events at Trichy, Coimbatore, Chennai and Bangalore.

CEDI - Information Event (12th Dec 2015) at Ramyas Hotel, Trichy with 90 attendees.

Sonata Software, a global IT services and technology solutions company, along with CEDI (Center for Entrepreneurship Development and Incubation) promoted by NIT Trichy, has organized a start-up promotion and investor meet-up in Trichy on Saturday, 12th December, 2015. During the event, CEDI and Sonata shared knowledge and awareness on how to successfully Startup a business using the support eco-system provided by their joint program. The event also saw new ideas presented by entrepreneurs and proposals that qualified pre-defined criteria which were eligible to receive a seed funding. The program targeted students, graduates and faculty with start-up plans in the area of information technology.

CEDI - Information Event (7th Aug 2016) at Sonata Software, Bangalore with 25 attendees.

I2D - Incubating lot Dreams, a Technology Business Incubator of Coimbatore Institute of Engineering and Technology (CIET) sponsored by Department of Science and Technology (DST), Government of India, in association with Center for Entrepreneurship Development and Incubation (CEDI), NIT Trichy partnering with Sonata Software Ltd and Department of IT & Electronics, Ministry of Electronics and Information Technology, Government of India, have conducted a Program "FUEL YOUR START-UP!" on 7th January 2017 at Ardhra Hall, Avinashi Road, Coimbatore.

CEDI - Information Event (15th Oct 2016) at Loyola college, Chennai with 28 attendees.

NIT Trichy Centre for Entrepreneurship Development and Incubation & Incubation (CEDI) conducted an information session for Startups & Potential Entrepreneurs seeking funding on Oct 15th 4 PM at LIBA Auditorium. Previous year, students from Savitha Engg College who attended the event got funded & got incubation services.

CEDI - Information Event (7th Jan 2017) at Ardhra Hotel, Coimbatore with 45 attendees.

Center for Entrepreneurship Development and Incubation (CEDI), NIT Trichy is partnering with Sonata Software Ltd and Department of IT & Electronics, Ministry of Electronics and Information Technology, Government of India to build the entrepreneurship eco system in Academia. Main idea of this program was to promote innovation and entrepreneurship by converting and translating technology ideas in various disciplines of science and engineering into products, processes and services for commercial exploitation and the benefit of society. To accomplish its goal, Sonata Software Ltd helped the incubates in terms of support from the faculty and from industry to build solutions and take to market the solutions or services.

CEDI - Information Event (21st Jan 2017) at Deccan Plaza, Chennai with 40 attendees.

Entrepreneurship Cell of NIT Trichy in association with CEDI-Sonata Software conducted 'Entrepreneurship Conclave 2017' collaborating with E-Cell IIT Madras. The program enlightened the participants about the current trends in entrepreneurship through an exhilarant Panel Discussion and created one of the best pitching platforms in the city for incubation opportunity and seed funding. The conclave served as a great platform to learn, network and grow for early stage startups and young entrepreneurs.

EDUCATION AND TRAINING

Partnership with EDII – Ahmedabad

CEDI implements Faculty and Entrepreneurship Development Programs for Faculty, Students and Potential & Existing Entrepreneurs in the Region. These programs are sponsored by Department of Science and Technology through EDI, Ahmedabad.

Faculty Development program on Entrepreneurship development was organized at NIT Trichy. 30-40 Faculty Members from various engineering colleges in Tamil Nadu participated in the two weeks program. The training Module included interactions with more than 20 resource persons and industrial visits.

An Entrepreneurship Development Program was organized at NIT Trichy. 25 potential entrepreneurs were intensely trained for a Month. The training Module included interactions with more than 25 resource persons, industrial visits, Data collection, feasibility study and project report preparation.

An Entrepreneurship Awareness Camp (EAC) of 3 Days duration, aims at training the S&T graduates and the diploma holders in the essentials of conceiving, planning, initiating and launching an economic activity or an enterprise successfully. 70 Students are participating in this awareness camp. The training Module included interactions with more than 12 resource persons, industrial visits, Data collection, feasibility study and project report preparation.

An Women Entrepreneurship Development Programme was organized from August 15th – September 9th 2016 at NIT-Trichy. 25 potential entrepreneurs were intensely trained for a Month. The training Module included interactions with more than 25 resource persons, industrial visits, Data collection, feasibility study and project report preparation.

The Asia Foundation (TAF) Women Entrepreneurship Project:

An Awareness conference was organized 12th September 2014 at Trichy for Women Entrepreneurship. More than 200 Women entrepreneurs and members of SHG's participated in the programme. Resource persons from Peiryar TBI, Indian Overseas Bank, State Bank of India, Rotary club and Tamil Nadu Industrial Investment Corporation interacted with the participants.

As a part of this project, a 1 day Awareness conference on Women Entrepreneurship Development was organized at South Eastern University of Sri Lanka, Oulvil, Sri Lanka on 18th November 2014. More than 200 Women entrepreneurs, members of Self Help Groups and students participated in the program. The program had Indian Resource persons from, National Institute of Technology – Tiruchirappalli, and Sri Lankan Resource Persons from South Eastern University of Sri Lanka, District Chamber of Commerce, Industry and Agriculture, Habib Bank Ltd, Nukemi NN Ltd and Global Knowledge Pvt Ltd.

A one day Awareness conference on Women Entrepreneurship Development was organized at University of Jaffna, Sri Lanka on20th November 2014. More than 200 Women entrepreneurs, members of Self Help Groups and students participated in the program. The program had Indian Resource persons from, National Institute of Technology – Tiruchirappalli, and Sri Lankan Resource Persons from University of Jaffna and other organization of repute.

A Mentoring Program is designed to address the technical and business needs of more than 60 women entrepreneurs identified through an Entrepreneurship development program organized during December 2014. These women entrepreneurs are mainly involved in producing/manufacturing garments, food items, personal care products, heavy engineering materials, fancy jewelry, handicrafts, household items, etc. The mentoring support would include areas including Marketing/business development, financial management, quality management, distribution, etc. over a period of 10 months. This is being carried out by Experts working in the field of Women Entrepreneurship and faculty of NIT- Trichy.

The weekly Mentoring Meetings were organized to have more clarity on the requirements of the entrepreneurs. It included group activity and case by case analysis. This was done by Faculty from NITT and Bharathidasan University. The 69 women entrepreneurs selected for mentoring were divided into 7 groups and each group has a Faculty Mentor from NITT and an external Mentor to guide them. The Mentors will the source of point of contact for the women entrepreneurs for any Technical and Business needs. The mentors may accompany the Women entrepreneurs in case of meeting a high value client, marketing meeting and field visits.

A 6 day Entrepreneurship Development Programme on Women Entrepreneurship Development Programme was organized at South Eastern University of Sri Lanka (SEUSL), Oulvil, Sri Lanka on 23rd – 28th March 2015. More than 60 Women entrepreneurs doing various small scale businesses participated in the programme. The programme had Indian Resource persons from National Institute of Technology – Tiruchirappalli, Bharathidasan University-Trichy, and Peiryar Technology Business incubator- Thanjavur and Sri Lankan Resource Persons from South Eastern University of Sri Lanka, Habib Bank Ltd, Sri Lanka Advanced Technical Institute and successful Sri Lankan Women entrepreneurs.

IDEATION AND INNOVATION

CEDI co-sponsored, Google Start-up Weekend, the annual Innovation hackathon organized by E-Cell of NIT Trichy.

Startup Weekend is a global grassroots movement of active and empowered entrepreneurs who are learning the basics of founding startups and launching successful ventures. It is the largest community of passionate entrepreneurs with over 35,00 Past events in 150+ countries around the world. More than 200,000 people across the globe are SW alumni!

Startup Weekends are 54-hour events designed to provide superior experiential education for technical and non-technical entrepreneurs. Beginning with Friday night pitches and continuing through brainstorming, business plan development, and basic prototype creation, Startup Weekends culminate in Sunday night demos and presentations. Participants create working startups during the event and are able to collaborate with like-minded individuals outside of their daily networks

CEDI co-sponsored, Ventura, the annual Business Plan Competition organized by E-Cell with a financial support of Rs.1.00 Lakhs from the promotional budget of CEDI-Sonata Entrepreneurship Fund. This engagement led to few potential applications for support by CEDI.

Ventura is an international level business model competition organized by E-Cell NIT Trichy in association with CEDI. One of the largest in South India, it provides an ideal platform for emerging entrepreneurs to ideate, network, learn and grow. With well-rounded mentoring sessions by leading entrepreneurs and venture promoters, webinars and networking with resource providers, Ventura is an exemplary stage to realize your dreams. The sole aim of Ventura is to celebrate the spirit of entrepreneurship among students worldwide, to identify the bright sparks, and reward them for their dexterity and keen business sense.

CEDI co-sponsored, Pragyan, the annual Techno-Management Festival of NIT Trichy and became the Incubation Partner. Pragyan has been on a spectacular trek forward, inculcating scientific temper and innovative thinking among the young minds of India. In this relatively short, yet heavily impactful run, Pragyan has garnered fruitful participation from over 100 colleges spanning the length and breadth of India, and has been influential in helping technological innovation flourish among the youth populace.

Startup Weekends are 54-hour events designed to provide superior experiential education for technical and non-technical entrepreneurs. Beginning with Friday night pitches and continuing through brainstorming, business plan development, and basic prototype creation, Startup Weekends culminate in Sunday night demos and presentations. Participants create working startups during the event and are able to collaborate with like-minded individuals outside of their daily networks

CEDI co-sponsored Entrepreneurship Summit. Entreprenuership Summit is a 3 day entrepreneurial fest conducted by E-Cell NIT Trichy. E-Summit'17 is set to take place from February 17-19 at NIT Trichy.With cash prizes Worth 2.5 lakhs at stake, this is South India's largest Entrepreneurial event.

BUSINESS PLAN COMPETETIONS

Ventura is an international level business model competition organized by E-Cell NIT Trichy association with CEDI-SONATA Entrepreneurship Funds. One of the largest in South India, it provides an ideal platform for emerging entrepreneurs to ideate, network, learn and grow. With well-rounded mentoring sessions by leading entrepreneurs and venture promoters, webinars and networking with resource providers, Ventura is an exemplary stage to realize your dreams. The sole aim of Ventura is to celebrate the spirit of entrepreneurship among students worldwide, to identify the bright sparks, and reward them for their dexterity and keen business sense. With prizes worth 2 lakhs to be won, Ventura is back with a stronger edition, to take a step forward in realizing our vision of revolutionizing the startup ecosystem.

Fidelity Innovation Challenge

CEDI partnered with Entrepreneurship Cell (E-cell) of NIT-Trichy in co-sponsoring an Innovation Challenge contest promoted by Fidelity Investments. The event was organized at NIT-Trichy on 25th August 2014 for Pre final Year B.Tech students. More than 150 students participated. The event empowered students to form Mock start-up ventures with real-time problems and arriving at a solution as a team of Fund Manager, Financial Advisor, Leader, Enthusiast, designer, Developer, etc.