Entrepreneurship Promotion &
Incubation Center (EPIC)
An Entrepreneurship Development Cell (EDC) was established
in Feb, 2003 with the funding support from National Science and Technology
Entrepreneurship Development Board (NSTEDB), Department of Science and
Technology (DST), Government of India for a period of five years. On completion
of 5years successfully in Feb, 2008, EDC-SVCE was retained by SVCE Management
and the entrepreneurial activities were continued under various schemes of
state and central governement on project basis. For the period May, 2011 to
May, 2014, the All India Council for Technical Education (AICTE) sanctioned
grants to continue the entrepreneurial activities for the benefit of the
student community and science and technology persons in this region.
EDC-SVCE organized various entrepreneurial activities like:
17 Entrepreneurship Awareness Camp (EAC) for students,
One Skill Development Programme (SDP) for unemployed
youth,
6 Technology based Entrepreneurship Development Programme
(TEDP)s for S & T persons,
One Faculty Development Programme (FDP) for faculty
members
With the support of NSTEDB, DST, New Delhi during the
period Feb, 2003 to Mar, 2008. EDC-SVCE has successfully completed the maximum
sponsorship period provided by DST. SVCE management continued the
entrepreneurial activities by retaining the EDC in campus.
The Ministry of Micro, Small & Medium Enterprises
(MSME), Govt. of India has recognized SVCE to establish a Business Incubator in
May, 2015. A dedicated working space of 2,500 sq.ft has been earmarked for
business incubation, as an extension of entrepreneurial activities. The name
EDC-SVCE has been renamed as SVCE-EPIC, incubation center of SVCE and it was
inaugurated on 02.08.2015.
Objective of SVCE-EPIC
(a) Creating awareness on entrepreneurship among S&T
persons by conducting Entrepreneurship Awareness Camp.
(b) Preparing S&T persons to acquire entrepreneurial
skills and Technical skill through Entrepreneurship / Technology Development
Programmes.
(c) Establishing adequate physical infrastructure facilities
with hand-holding supports for developing prototype, launching start-ups and
housing incubates.
(d) Establishing adequate physical infrastructure
facilities with hand-holding supports for developing prototype, launching
start-ups and housing incubates.
(e) Creating, maintaining and updating of a database about
the details of mentors, entrepreneurs, consultants, investors, trainers,
researchers, schemes, etc.
SVCE-EPIC implements following entrepreneurship / incubation schemes:
1.
Support for Entrepreneurial and
Managerial Development of SMEs through incubator", scheme by Ministry of MSME, GOI to create an
environment and providing hand-hloding support for nurturing new business ideas
by setting-up Ten business units over a period of five years.
2.
Entrepreneurship Awareness /
development programmes, scheme by
Entrepreneurship Development Institute of India (EDII), Ahmedabad under the
agies of Department of Science & Technology, Govt. of India.
3.
Developing student
entrepreneurs, special scheme of Tamilnadu Co-operative
Milk Producers' Federation Limited (AAVIN) initiated by Entrepreneurship
Development and Innovation Institute (EDII-TN), Government of Tamilnadu.
SVCE-AAVIN was established in Apr, 2013 and is being operated by 5th batch of
student entrepreneurs.
4.
Pradhan Mantri Yuva Yojana
(Entrepreneurship Education & Training), scheme by Ministry of Skill Development &
Entrepreneurship, Govt. of India. The project aims to creating and enabling an
eco-system for entrepreneurship promotion among the youth through
entrepreneurship educational and training.
5.
Pre-incubation Services, a special initiative by Entrepreneurship Promotion &
Incubation center(SVCE-EPIC) to facilitate SVCE students for converting their
innovative idea into a functional prototype by providing financial
assitanceship and technical/business mentorship.
SCHEME
1. Support for Entrepreneurial and Managerial Development
of SMEs through incubator MSME, GOI recognised SVCE-EDC as Business incubator
for Implementing the scheme “Support for Entrepreneurial and managerial
development of SME s through Incubator”. Letter No:3(6)2015/Inc./16 th meeting
Dt:31.08.2015. Entrepreneurship Promotion and Incubation Center (SVCE-EPIC) in
our college campus was inaugurated on 02.08.2016. SVCE Management earmarked 2500
sq ft area for establishing Business Incubator
2. Entrepreneurship Awareness / development programmes,
scheme by Entrepreneurship Development Institute of India (EDII), Ahmedabad
under the ages of Department of Science & Technology, Govt. of India.
3. Developing student entrepreneurs, special scheme of
Tamil Nadu Co-operative Milk Producers’ Federation Limited (AAVIN) initiated by
Entrepreneurship Development and Innovation Institute (EDII-TN), Government of
Tamil Nadu. SVCE-AAVIN was established in Apr, 2013 and is being operated by
5th batch of student entrepreneurs.
4. Pradhan Mantri Yuva Yojana (Entrepreneurship Education
& Training), scheme by Ministry of Skill Development &
Entrepreneurship, Govt. of India. The project aims to creating an enabling eco-system
for entrepreneurship promotion among the youth through entrepreneurship through
on line educational and training.
5. Pre-incubation Services: Programme by Entrepreneurship
Promotion & Incubation Center (SVCE-EPIC) to facilitate SVCE students for
converting their idea / concept into functional prototype by providing
financial assistance, technical & business mentorship, infrastructural
facilities, etc.