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Invitation for Submission of Proposals for startups with a Seed funding of 6.5 Lakhs by Ministry of MSME, Govt of India.

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Project Proposals are invited from student members for kick starting campus companies through  IEDC cell of Pondicherry Engineering College supported by Ministry of MSME, Government of India. The purpose of the small dose of assistance is to support students/ex-students of technology 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. 

Contact Information :      Dr.R.Sundaramurthy,
                                              Coordinator -IEDC/PEC

                                              Email : iedc@pec.edu
                                              Mobile : 9443085380
                                              Web    : http://www.peciedc.in/


Scheme Details

Name of the Scheme     :   “Entrepreneurial and Managerial Development of SMEs through Incubators”

About the Scheme          :    The scheme aims at nurturing innovative business ideas (new and/or ingenious technology, processes, products, procedures, etc.) which
                                                   could be commercialized in a year.


Level of Funding              :    Maximum of Rs.6.25 lakh per business idea.

Who can Apply                 :    Anybody (individual/Micro and Small Enterprises) having innovative business idea at near commercialization stage.

How to Apply                     :   Applications may be submitted in the prescribed format (Pls refer attachment)

Number of Proposals      :   Limited to a maximum 10 Proposals
Selection Procedure        :     1. All the submitted proposals should be presented by the Incubatees (individuals/Micro and  Small Enterprises) in front of Managing                                                                     Committee of IEDC of PEC.
                                                 2. The Managing Committee shall approve the proposal after scrutinizing the innovation /feasibility components for further processing at the                                                          office of Development Commissioner (MSME), New Delhi for the release of funds (Pls refer Scheme Document attached)
                                                 3. The number of proposals is limited to a maximum of 10


Documents

1_advt_of_incubator_open_far_whole_year.pdf
File Size: 81 kb
File Type: pdf
Download File

2_scheme_document.pdf
File Size: 2929 kb
File Type: pdf
Download File

3_incubatee_application_format.pdf
File Size: 22 kb
File Type: pdf
Download File


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