National Innovation Start-up Policy (NISP)

Vel Tech High Tech Dr.Rangarajan Dr.Sakunthala Engineering College (VTHT) is keen to join the campaign towards implementing National Innovation and Start-up Policy (NISP) under the aegis of the Ministry of Education Innovation Cell (MIC) and adopted the similar policy framed by MIC. This policy envisage in promoting innovation and start-up ecosystem among the students and faculty of Higher Education Institute.

Support for Innovations and Start-ups

Institutions Innovation Council & Entrepreneurship Development Centre

Institutions Innovation Council and Entrepreneurship Development Centre (IIC & EDC) of Vel Tech High Tech Dr.Rangarajan Dr.Sakunthala Engineering College have two operational wings, namely i-Club (Innovation Club) and e-cell (entrepreneurship Cell). Keeping in line with the vision & mission of the institution, Innovation Club and EDC aimed at excellence in technology facilitating innovation, start-up and entrepreneurship.

IIC & EDC's objective is to mentor and inspire students as they transform their concepts into new products, teach them how to assess market opportunities, and help them go from invention to commercialization. Our management has always aimed to keep the institution at the forefront of technological advancements and other major world trends.

Institutions Innovation Council (IIC)

Ministry of Education (MoE) formally known as the government of India's Ministry of Human Resource Development (MHRD) has created the "MHRD's Innovation Cell (MIC)" to systematically promote the innovation culture among Higher Education Institutions (HEIs). The main goal of MIC is to encourage, motivate, and nurture young pupils by assisting them as they develop new ideas into prototypes throughout their formative years.In the process, VTHT has started Institutions Innovation Council (IIC) in August 2018 and formed a council comprising of internal faculty members and external experts to monitor the progress and activities of IIC on campus.

 

Objectives of IIC

• To nurture the students to bring out their hidden talents in various disciplines of Engineering, Science, Technology and Management.
• To encourage and assist young creative minds by providing them a perfect platform to show cast their skills as team members.
• To foster new ideas and help them to get funded projects through their innovative ideas.

Entrepreneurship Development Centre (EDC)

Vision:

To be a renowned Centre of Excellence for the Development of Entrepreneurship and producing dynamic entrepreneurs

Mission:

To encourage entrepreneurial thinking, to make business education more accessible, and to transform prospective entrepreneurs into driven, moral, and dynamic company leaders.

Functions of IIC & EDC

• Primarily, IIC & EDC duty is to include a lot of staff, students, and teachers in different innovation and entrepreneurship-related activities, like
  • Ideation,
  • Problem solving,
  • Proof of concept development,
  • Design thinking,
  • IPR,
  • Project handling and management at pre-incubation/incubation stage, etc.,
• Find innovations, recognise them, and share success stories.
• Create a mentor pool for student innovators and schedule frequent workshops, seminars, and interact with business owners, financiers, and experts.
• Network with national groups that promote entrepreneurship. Skills create an institution's innovation portal to showcase creative ideas done by the teachers and students of the institution.
• Conduct hackathons, concept competitions, mini-challenges, etc. with industry participation. So that innovation and entrepreneurship ecosystem gets established and stabilized in HEIs.

 

Benefits of IIC & EDC

• IIC-affiliated students and professors will have the chance to participate in competitions and initiatives connected to innovation that are hosted by the MoE.
• Win fabulous gifts/certificates each month
• the chance to meet with esteemed scholars and business executives
• Opportunity to nurture and prototype new ideas
• Mentoring by industry professionals
• Experimentation with new/latest technologies
• Visit new places and learn corporate culture
• Start-up supporting mechanism in HEIs

CENTRE OF EXCELLENCE IN THE INSTITUTE

Vel Tech High Tech Dr. Rangarajan Dr. Sakunthala Engineering College has a state of the art infrastructure to support the entrepreneurs and start-ups in the thrust areas. The college has a Centre of Excellence (CoE) in association with industry partners. The list of CoE’s is as follows.

• Centre of Excellence in Artificial Intelligence funded by AICTE
• Centre of Excellence in Aspen, funded by AICTE
• Centre of Research on Ground water Augmentation, funded by AICTE
• Centre of Excellence in Red Hat Linux
• Centre of Excellence in IoT
• Centre of Excellence on Sales Force Technology through ICT Academy (CRM platform)
• Centre of Excellence in Bioprocess Technology
• Centre of Stability of Structures/ Buildings
• Technical clubs

ENGINEERING DISCIPLINES IN THE INSTITUTE

The college possess cutting edge tools instruments to support innovative research ideas and activities from the students in various disciplines include,

• Department of Artificial Intelligence and Data Science
• Department of Biotechnology
• Department of Chemical Engineering
• Department of Computer Science Engineering
• Department of CSE - Artificial Intelligence and Machine Learning
• Department of Information Technology
• Department of Electronics and Communication Engineering
• Department of Civil Engineering
• Department of Mechanical Engineering
• Department of MBA

Incubators and accelerators

The region has strong support for fostering entrepreneurship and here is the list of incubators in and around the region

AIC – Anna University Incubation Foundation

AIC – In order to create a thriving innovation and start-up ecosystem across the nation, the Anna University Incubation Foundation was established as a section 8 business with funding from the ATAL Innovation Mission, Niti Aayog, Government of India..

https://www.annaincubator.org/

IIT Madras incubation cell

A stellar track record of incubation in rural, social, and industrial technologies is achieved by the IITM Incubation Cell, which coordinates and leverages the synergies in the various strands of excellence driving innovation and entrepreneurship at IIT Madras. These strands include cutting-edge research, industrial interactions, and the university-driven IITM Research Park.

http://www.incubation.iitm.ac.in/home

IITM Rural Technology Business Incubator

The Rural Technology and Business Incubator (RTBI) at IIT Madras was founded in October 2006 and is a legally recognised non-profit organisation. Its goal is to foster start-ups that use ICT to benefit rural and underprivileged socioeconomic sectors (Information and Communication Technologies).

http://www.rtbi.in/

IITM Healthcare Technology innovation centre

The main goal of the Medtech Incubator is to create a network of healthcare entrepreneurs who can offer cutting-edge, cost-effective, and useful Medtech solutions and products for the Indian society. The incubator offers extensive support to start-ups and business owners engaged in healthcare and technology-related endeavours. MTI goes above and beyond by offering a motivating workspace for healthcare enthusiasts to work on nascent concepts.

https://htic.iitm.ac.in/mti/

Industry collaborations

Vel Tech High Tech Dr. Rangarajan Dr. Sakunthala Engineering to promote technological developments, colleges has close tie ups with industry. In order to help faculty and students, the college has undergone Memorandums of Understanding with industries/companies.

Please refer Annexure – 1

IP Policy

Vel Tech High Tech Dr. Rangarajan Dr. Sakunthala Engineering College has its own IP policy to facilitate filings of patents by students and faculty. Till date, the policy has facilitated filing of more than 50 + patent applications from students and faculty. The IP policy document is available below for reference in Annexure – 2.

Alumni entrepreneurship

Vel Tech High Tech Dr. Rangarajan Dr. Sakunthala Engineering College and IEDC has transformed many of its fervid students as entrepreneurs and start-ups founders. The college also has strong alumni network who are into entrepreneurship and start-ups. Here is a list of alumni entrepreneurs and start-up founders.

S. No	Department	Batch	Name	Start-up firm	Contact Number / Mail ID
1.	Biotechnology	2013-2017	Mr. K. K. Prasanth	Simbioen Labs	admin@simbioen.com
2.	Biotechnology	2017-2021	Ms. V.Bhavani Poojitha	Bio – D	pooja24042000@gmail.com