Facilities offered by SVCE for Incubation
The Ministry of Micro, Small and Medium Enterprises, Govt. of India has recognised our college to implement the scheme, “Support for Entrepreneurial and Managerial Development of SMEs through Business Incubator”. The objective of this scheme is to assist innovative business ideas that could be commercialised & to promote / support innovators to become technology based entrepreneurs. SVCE-EPIC could support maximum of 10 incubates for which Ministry of MSME will sanction Rs.62.5lakhs.
FOUR projects have been selected for incubation and received sanction letter for the amount of Rs. 22.672 lakh. (Rs.21.16 lakh for 4 incubatees & Rs. 1.512 lakh for infrastructure & training).
Table 2 : The Incubate Details as Follows:
Entrepreneurship Development and Innovation Institute of Tamil Nadu (EDII-TN) recognized our Sri Vwenkateswara College of Engineering as a Knowledge partner and recommended two proposal under the Innovation Voucher Programme (IVP-A). Details as follows: