VISION
To make Prathyusha Engineering College as one of the Advanced Innovation Centre and the supreme destination for Start-ups by 2025
MISSION
To create, support and nurture a lively Start-up ecosystem in Prathyusha Engineering College resulting in innovation and entrepreneurship driven employment and socio-economic growth.
Short term Objectives
Inculcate, inspire, assist and support development of at least 8 technology start-ups in Prathyusha Engineering College
Long term Objectives
Provide a committed support to at least 05 Indian high growth start-ups developing innovative technology solution for high social impact in sectors like hygiene, agriculture, renewable energy, healthcare, transport, etc.
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Tamil Nadu Startup & Innovation policy
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NISP document of Ministry of Education’s Innovation
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NISP CALENDAR
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List of ecosystem
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PEC STARTUP POLICY
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Implementation of I & E Policy and Action Plan
COMMITTEE MEMBERS
S.No. |
Name |
Position |
1. | Dr. P.L.N. Ramesh Principal, Prathyusha Engineering College |
President |
2. | Dr. P. Jayaraman Professor/ Prathyusha Engineering College |
NISP Coordinator |
3. | Dr. S. Padmapriya Professor/ Prathyusha Engineering College |
Coordinator IIC |
4. | Mr. N. Ramasamy Asst. Professor/Prathyusha Engineering College |
EDC Coordinator |
5. | Mr. N. Gopinath Asst. Professor/Prathyusha Engineering College |
Innovation Ambassador |
6. | Dr. P. Malathi Professor/ Prathyusha Engineering College |
Innovation Ambassador |
7. | Dr. V. Ramakrishnan, | Incubation centre/ Vice President |
8. | Mr. V.S. Sriraja Balaguru | Vice President |
9. | Mr. E. Ganesh | Bank/Investor |
10. | Mr. Manogar Loganathan | Expert from industry |
11 | Mr. D. Thiyagaraja Gupta | Patent Expert |
12. | Mr. Karthik Ramamohan | Start-up/Alumni Entrepreneur |
13. | Mr. S. Vijay Ganesh | Start-up/Alumni Entrepreneur |
Policy Problem or Thrust Area
S. No. | Plan |
1. | PEC Strategies & Governance for Stimulating Innovation &
Entrepreneurship |
2. | Creating Innovation Pipeline and Pathways for Entrepreneurs at institute level |
3.
|
Building Organizational Capacity, Human Resources and Incentives |
4.
|
Collaboration, Co-creation, Business Relationship and Knowledge Exchange
|
5.
|
Norms for Students Driven Innovations and Start-ups
|
6. | Incentivizing Faculty & Students for Entrepreneurship |
7. | Norms for Faculty Start-up |
8. | Incubation & Pre-Incubation support |
9. | IP Ownership Rights for Technologies Developed at PEC |
10. | Pedagogy & Learning Interventions for Supporting
Innovations & Start-ups |
11. | Entrepreneurial Performance Impact Assessment |
Tentative plan for the next 5 years
S. No. | Activity | Frequency |
1. | One Day Workshop on “Entrepreneurship and Innovation as Career Opportunity” | 2/Year |
2. | One Day Workshop on Problem Solving/Design Thinking/Ideation
Workshop/ Campus Hackathon etc |
2/Year |
3. | Field/Exposure Visit to Village/Society /School/Industry/Market – Identity
real Life Problem |
1/Year |
4. | Special Talk on My Story – Entrepreneur’s Life & Crossroad – Motivational
Speak – To be Share by Entrepreneurs |
2/Year |
5. | Product Development Phases – Story Telling – (Innovators in Campus) | 1/Year |
6. | Demo Day – Exhibition Cum Demo for PoCs & Mentorship Session for Innovators (or) Student Entrepreneurs | 1/Year |
7. | Internship at Innovation & Start-up Centre/Start-ups/Incubation Unit etc. during Semester Break | 2/Year |
8. | Field/Exposure Visit to Incubation Unit/Patent Facilitation Centre/Technology Transfer Centre | 1/Year |
9. | Business Plan Contest | 2/Year |
10. | Workshop on Business Model Canvas (BMC) and (or) Business Plan Competition to Invite Innovative Business Models from Students | 2/Year |
11. | One day workshop on “How to plan for Start-up and legal and Ethical Steps” | 2/Year |
12. | Half day Interactive/online Session/Mentoring Session “Hangout with
Successful Start-ups” (Entrepreneurs in Campus ) |
2/Year |
13. | One Day Awareness/Mentoring Session on IPR & IP Management for Innovation and Start-ups | 2/Year |
14. | Field/Exposure Visit to Design Centre/Makers’ Space/Fab Lab/Prototype
Lab/Tinkering Lab etc |
1/Year |
15. | Seminar on Accelerator/Incubation – Opportunity for Student Faculty – Early Stage Entrepreneurs | 2/Year |
16. | Seminar on Understanding Angel and Venture Capital Funding – What is there for Early Stage Innovator & Entrepreneurs | 1/Year |
17. | Bootcamp for Innovation product development | 1/Year |
18. | Innovation Day Celebrations | 1/Year |
19. | National Science Day | 1/Year |
20. | Workshop Funding Opportunities for Innovation and Entrepreneurship
Development |
1/Year |
21. | PEC Hackathon(Software) | 1/Year |
22. | PEC Project Design Contest(Hardware) | 1/Year |
23. | Short Term Training course on Innovation /Start-up & Entrepreneurship | 1/Year |
Benchmark – KPI Monitor & Evaluation
Hierarchy of Objectives | Key Performance Indicators (KPIs) | Means and Verification |
Vision | •5% Increase in Self-Employment Rate
• 8 Established Start-ups |
• ARIIA, NIRF Rankings |
Goal/Impact | • Enable Environment with multiple level of support for innovation & Entrepreneurship in Prathyusha Engineering College
•5% of Graduate students will choose Entrepreneurship as career • 10% of Student and Graduates Practice Entrepreneurship |
• Biannual Survey
• ARIIA, NIRF Rankings |
Outcomes | •50% of student & faculty mass with entrepreneurship Orientation
• 25% of Student & faculty motivated to start any entrepreneurial activity • 8 of IPR/Innovations developed for commercialization • 8 of Student/Early Stage Start-ups formed • 20% of In-house Expert Capacity available for Advisory Services •20% of Satisfaction over Advisory services offered to Innovators & Early Stage Entrepreneurs • Network Established with connecting multiple stakeholders & Ecosystem Enablers |
• Biannual Survey
• Quarterly News Letter |
Outputs | •50% of Student & faculty mass exposed to awareness/orientation building programs
•50% of Students covered through entrepreneurship Education; MOOC, Class Room, Experiential Learning programs etc. • 300 of beneficiaries are accessing the infrastructure & facilities per Year • 50 of innovators identified; 25 of awarded,/recognized; 25 of Supported • 20 of entrepreneurs identified; 10 of awarded/recognized; 10 of supported • 8 of Student projects turns to (commercialize) Innovations • 20 of IPR based product/services generated and registration filed •20% of in-house trained professional developed for advisory services • 5 of Research Studies on Entrepreneurship published • 5 of Regional, National and International linkages established for the start-up & innovation •10% Representatives of experts & entrepreneurial students across Department & Disciplines. •8 of Beneficiaries Referred to Incubators/investors for further support through Start-up Cell •15 of Beneficiaries generated under various schemes and programs leveraged and converged at Start-up Cell
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• Biannual Survey
• Monthly progress report |