Entrepreneurship Development Cell
Entrepreneurship Development Centre is one among the ambitious functions of the college. It is an autonomous entrepreneurship development centre working as per the guidance of Ministry of Small Scale Industry, Government of India, New Delhi and Industries Department, Government of Tamil Nadu, Chennai.
The centre also establishes better linkages with industries, R&D institutions, financial institutions and other related organizations engaged in promoting small & medium enterprises (SMEs) including DST, NSIC, EDI, NIESBUD etc.
Objectives of EDC
The objective of establishing an EDC is:
- To set up an institutional mechanism to create self employment opportunities and to convert "job-seekers" into "job-generators".
- To promote self-employment and Entrepreneurship culture among students in the college.
- To enhance employability of educated youth through industry specific skill training.
- Women empowerment.
Functions of EDC
- To conduct Entrepreneurship Awareness in the college.
- To initiate student-projects for innovative ideas.
- To conduct Sector Specific Entrepreneurship Development Programme.
- To conduct Faculty Development Programme in Entrepreneurship.
- To conduct Women Entrepreneurship Development Programme.
- To conduct Skill Development Courses in Mechanical, Electronics and Communication, Electrical and Electronics, Computer Science and Information Technology.
- To undertake Industry consultancy services.
- To undertake research assignments.
SKR ENGINEERING COLLEGE/EDC
MSME
ABOUT MSME - BUSINESS INCUBATOR – SKR ENGINEERING COLLEGE
World over, Micro and Small Enterprises (MSEs) are recognized as an important constituent of the national economies, contributing significantly to employment expansion and poverty alleviation. Recognizing the importance of micro and small enterprises, which constitute an important segment of Indian economy in terms of their contribution to country’s industrial production, exports, employment and creation of entrepreneurial base, the Central and state Governments have been implementing several schemes and programmes for promotion and development of these enterprises. Among the six basic principles of governance underlying the National Common Minimum Programme (NCMP) of the Government, “sustained economic growth in a manner that generates employment” has a pride place. The NCMP also describes the MSEs as “the most employment-intensive segment”.
The main objective of the scheme is to promote emerging technological and knowledge based innovative ventures that seek the nurturing of ideas from professionals beyond the traditional activities of Micro, Small & Medium Enterprises (MSME’s). The purpose of the small dose of assistance proposed under the present scheme is to support students/ex-students of science and technology and entrepreneurs try out their innovative ideas (processes and products) at the laboratory or workshop stage and beyond (to the extent possible) – to carry forward the idea from its mere conception to ‘know-how ‘ and then to ‘do how’ stage. Even Special Purpose Machine (SPM) would clarify as ‘innovations’ under this low cost scheme as long as they lead to better, more competitive and economical operations and are marketable by the small and medium enterprises that are to be formed by the successful innovators.
Under this scheme “Business Incubators” (BI) is to be set up under Technology (Host) Institutions. The BI is expected to help the incubation of about 10 new ideas or units. For this service, which includes the provision of laboratory / workshop facilities and other assistance / guidance to young innovators, each BI will be given between Rs.4 lakh to Rs. 8 lakh per idea / unit nurtured by them, limited to a total of Rs. 62.5 lakh for the ten units.
So each BI or each Host Institution may get:
- (a) Upgradation of infrastructure = Rs. 2.50 lakhs
- (b) Orientation/Training = Rs. 1.28 lakhs
- (c) Administrative Expenses = Rs. 0.22 lakhs
- (d) Grant to 10 incubatees = Rs. 62.5 Lakhs
- Thus total assistance to BI = Rs. 66.50 lakhs
Our Institution has been approved as Business Incubator for implementing of the scheme “Support for Entrepreneurial and Management Development of SMEs through Incubators” by MSME, New Delhi.
INAGURATION OF SKR MSME BUSINESS INCUBATION CENTRE ON 9TH JULY 2014
The College has ATM of City Union Bank situated in the campus. The ATM functions regularly in the campus and is housed separately. Students, Staff and the nearby public are also allowed to use it.
CHEIF GUEST AND GUEST OF HONOUR WITH THE ENTREPRENEUR'S
VOTE OF THANKS BY Mr.S.SURESH BABU, TREASURER, SKR ENGINEERING COLLEGE CHENNAI.