PU-!NCENT

PU-!NCENT

INCENT VISION

“To promote knowledge based and technology-driven start-ups by harnessing young minds and their innovation potential in an academic environment”

INCENT MISSION

“To foster the spirit of entrepreneurship in the students of Poornima University by designing and executing various activities that will provide a hands-on learning experience to the budding entrepreneurs”

CONSTITUTION

Sr. No.Name of MemberPosition
1.Mr Kapil ShrivastavaConvener
2.Dr. Jayant Kishor PurohitFaculty Member
3.Mr. Saurabh AgrawalFaculty Member
4.Mr. Anuj SharmaStudent Member
5.Mr. Aryan ChachanStudent Member
6.Mr. Shivam PandeyStudent Member
7.Ms. Sanjana GoswamiStudent Member
8.Mr. Safikul IslamStudent Member
9.Ms. Tannu KhandelwalStudent Member

Major Activities Till Date

  • Started as ‘Entrepreneurship Development Cell’ at Poornima University on Monday, 03rd April 2017, with Mr. Pranay Mathur, CEO, WeDig Technologies & Mr. Adi Guru Das, Founder, Udaan NGO as the guests of the day
  • The formal inauguration was followed by a panel discussion where Mr. Sahil Agarwal, Founder, Hippo Cabs, Mr. Nitin Jain, Founder, Indibni, Ms. Priyanka Agrawal, Founder, Creative Sailor Productions and others shared their entrepreneurial journeys with the students
  • Prior to the inauguration, various sensitization sessions were organized for students to aware them about the entrepreneurial opportunities
  • An inspiring session of industry stalwart Shri Jugal Kishor Baid, Founder President, Polycon Industries, was organized by E-Cell for our students on 8th November 2017
  • Mr. Nishant Gupta of Book Bugs, Mr. Harshit Jain of Drama Daily & Mr. Bhushan Shaligram of Wheelie Repairs also shared their experiences with the students
  • A workshop on ‘How to Start Your Business Online’ by Josh Talks was organized in the Campus on November 06, 2017
  • Our students also attended ‘TIE Smash Up Conference’, organized by The Indus Entrepreneurs Network’ where got a chance to listen to Mr. Raheel Majeed, Seed Investor in Ola, Mr. Sanjay Agarwal, Founder CEO, AU Small Finance Bank & Mr. Anil Sharma, Chairman, RAIN
  • 20 students from Poornima University attended ‘E-Week’ organized by IIT-Kharagpur E-Cell at their campus
  • Ms. Margaret Ledwith, Associate Professor in Entrepreneurship at Flinders University, Adelaide, Australia interacted with students on ‘The Value of Innovation & Entrepreneurship in Education’ on March 12, 2018
  • E-Cell Students attended a ‘Entrepreneur’s Talk’ in Fraternity College on August 28, 2018
  • E-Cell of the University hosted Ms. Nitasha Chordia, Chairperson, FICCI FLO where she discussed entrepreneurial challenges, specially in context of girls at E-Conclave organized on September 21, 2018
  • 25 students from Poornima University attended ‘Start Up Saturday’ talk organized by Head Start at MNIT, Jaipur on the topic ‘All About Student Entrepreneurship’ on October 06, 2018 where they got to hear Mr. Dilnawaz Khan from CoDesign Labs & Mr. Sanjay Yadav, Founder, 100-Cofounders Lab
  • An entrepreneurship talk was delivered by Dr. Appaji Rao from Bangalore University during 3rd IEEE International Conference on ‘Recent Advances in Innovation & Engineering’ on November 24, 2018
  • Poornima Group was the organizing partner of ‘Entrepreneurship Awareness Drive’, organized by E-Cell, IIT Kharagpur in Jaipur where more than 500 students attended various talks delivered by industry representatives
  • 25 students attended RFC Session at Rajasthan Industries Association Office
  • 4 students did a short internship at MSME Development Office, Govt. of Rajasthan for their 4th Jaipur FoodTech Expo
  • 2 students participated in TIE Start-Up Expo in New Delhi
  • An inspiring interactive session was organized with Mr. Devendra Sarda, Founder CEO, apneareamein.com
  • Prof. Samish Dalal, Head, Global FMB Program at SP Jain Institute of Management & Research, delivered a very lively talk to the students of Poornima Group on the topic of ‘Stimulating Entrepreneurial Mindset, Competency Mapping & Realizing Opportunities in Family Business’ at Arbuda Convention Centre on January, 25, 2019
  • On the same day, Prof. Dalal inaugurated ‘INCENT’, the incubation centre of Poornima University, and had a discussion with budding student entrepreneurs of the University, and guided them to possible solutions of their individual business problems

Outcome of the program

 


Due to this program, we have been able to nuture six entrepreneurs in the school of Management & Commerce at Poornima University. The list of the entrepreneur is given below:

Sr. No.Name of StudentYearCourseDepartmentSchool
1.Anuj SharmaII YearBBAManagementSMC
2.Aryan ChachanII YearBBAManagementSMC
3.Sanjana GoswamiI YearBBAManagementSMC
4.Safikul IslamI YearBBAManagementSMC
5.Shivam PandeyI YearBBAManagementSMC
6.Tannu KhandelwalI YearBBAManagementSMC
A few glimpse of the program
PU Incent
PU Incent
PU Incent

Story of Successful Entrepreneurs

Mr Nikhil Bhide

Student- Mechanical Engineering, Ph.D (P)

Name of Start Up- TECHNO FARM
Fund- 50,0000/- (From GOI)

 

PU Incent

 

Mr Jaivardhan Singh Vishnoi
Student- Hotel Management

Name of Start up- Tiger Den Resort (Ranthmbore)

Fund- Self Funded

About Start Up- The wildlife Resort in Ranthmbore and we work with the guest from all over the world and the country and the property has 50 keys with it and spread over 15 acres of land with the grasses and the trees The Achrol Niwas is ” FROM THE DEN THE LAP OF LUXURY” this is an luxury resort with 40 keys with it and the resort focuses on the wedding and the corporate business.

 

PU Incent

Objective of the PU-Incubator

Ever since its inception, the PU-INCENT has been devoted to the objective of encouraging the concept of entrepreneurship. PU-INCENT aspire to offer business support services in order to nurture buzzing ideas that have the potential to bring about a change in this sector. Thus, in order to make this a reality, the PU-INCENT has set up a first-of-its-kind PU Incubator, an incubation centre specifically for the Business sector to commercialize and nurture ideas and innovations.
The main objective of setting up a PU Incubator is to develop, nurture, promote and successfully commercialise ventures – that are based on innovative products, models, tools, techniques, and technologies and/or render services in the area of technology and service; ventures that would conceptualise, develop and manufacture innovative processes, formats, mediums of communication for reaching out to individuals or masses – by providing training, mentoring, intellectual support services to the PU Incubatees and the requisite infrastructure.

Facilities & Support

The PU Incubator at PU INCENT is committed to the objective of supporting budding entrepreneurs in the entire process of their business formation i.e. right from the stage of conception to the stage of commercialisation. Once the idea is selected for incubation, the incubator will provide support in terms of conversion of the idea into a working model, research experimentation, lab testing, accreditations, market research, business plan, promotion, networking and so on, along with the continual guidance of highly respected mentors.

Along with this support, the PU Incubator will provide the following facilities to Incubatees:

  • An existing extensive network of academicians, professionals, entrepreneurs and organisations in the industry in and outside India
  • Classroom and on-line education facility, which has commenced programmes in Technology, Management, Data Analytics, Advertising Management and Integrated Marketing .
  • A one of its kind ‘Idea Lab’, with state-of-the-art facilities aimed at getting the best ideas out of the closet
  • Computer and communication lab equipped with 46 high configuration computers and design softwares like Adobe Photoshop, 3D studio max, Maya, Adobe Premiere and Illustrator
  • Digital Design & Publishing support
  • Video Conferencing room, providing access to global communication facilities
  • Radio broadcasting facilities
  • Access to library resources including the huge collection of articles, journals, databases, videos, etc. in the online library
  • Basic office amenities like computing, telephony, facsimile and postal services, meeting space etc
  • Other amenities like a canteen facility, auditorium, outdoor and recreational facilities, gymnasium, etc.

Benefits to the Incubatee

The Incubatee will avail of all the above mentioned facilities along with:

  • Technical, financial, infrastructural, physical and intellectual support to innovators to convert their ideas into technologies-based products and services businesses in the area Technology and Service Sector.
  • Support of technical human resources, as the Incubator would use unused capacity in training technical manpower in animation, film production, creative design and art; these people would be available to work with the Incubatees, while developing projects and in the future, may choose to work with them
  • Intermediary services for commercial exchange of technologies between inventors/innovators and entrepreneurs
  • Instead of giving them loan, the PU INCENT shall take shares of the company and work on a model of revenue sharing. This shall help in reducing the risk of the entrepreneur.

Objectives to be achieved in the Next 5 Years (Year 2020- 2025)

The objective of this cell is to develop spirit of Entrepreneurship among the students. Activities of this cell include Creating Awareness Programmes, Mentoring Students, Assisting in getting financial support for Startups.

1.To foster better linkages between the Parent Institution, Industries and R&D institutions in the region and other related organizations engaged in promoting Small & Medium Enterprises (SMEs) including NGOs and other Voluntary Organizations.

2.To catalyze and promote development of S&T based Enterprises and promote employment opportunities.

3.To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and Micro Enterprises.

4.To create awareness on entrepreneurship among the students.

5.To inculcate entrepreneurial spirit and culture among the Science and Engineering graduates and post graduates.

6.To conduct programs in Entrepreneurship enabling skills.

7.To conduct skill industrial development training programs with updated technologies.

8.To provide need-based consultancy services to industries.

9.To act as an institutional mechanism for providing various services including information to budding student entrepreneurs.

10.To create Entrepreneurial culture in the Parent Institution and other institutions in the region and to promote the objectives of NSTEDB, including programmes related to women and weaker sections of the society.

Targets to be achieved till 2025 (Next 5 Years Plan)

1.To organize:

  • Entrepreneurship Awareness Camps
  • Entrepreneurship Development Programmes and Faculty Development Programmes in the region for the benefit of students aspiring to be entrepreneurs.

2.To develop and introduce curriculum on Entrepreneurship Development at various levels including of the parent institution and other institutes in the region.

3.To conduct research work and survey for identifying entrepreneurial opportunities (particularly in Service sector).

4.To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support systems and information on various technologies.

5.To organize:

  • Guest lectures
  • TV & Radio talks
  • Seminars, etc. for promotion and growth of S& T based and execution of their projects.

Incubations and Revenue Sharing Model

Interested candidates will be asked to fill up a detailed application form wherein they will have to mention their idea in brief along with a proposal and a tentative business plan. The Incubator will select the ideas and those applicants will be made to undergo training in entrepreneurship. Once the training is over, Incubatees will commence the initial stages of their venture with the support and facilities provided by the PU-INCENT.

YearNumber of Incubators to be financedRevenue Sharing modelPreferred partnership model(PU : Entrepreneur)
20205At least in 60% cases30:70
20216At least in 60% cases30:70
20227At least in 60% cases40:60
20238At least in 60% cases40:60
20249At least in 60% cases40:60
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