Innovision'12

Innovision'12 Entrepreneur Development Cell & SNIST Presents "INNOVISION'12"- 8th National Level Idea & Solution Competition Objectives of EDC
1. Functions of EDC:
1. of AP
9.

Entrepreneur development cell
PREAMBLE:
Department of Science and Technology (DST), Govt. of India, New Delhi, has identified entrepreneurship as one of the principal mechanisms for solving the problems of unemployment and underemployment amongst science and technology graduates in the country. The National Science and Technology Entrepreneurship Development Board (NSTEDB) set up in 1982 under th

e DST felt that some machinery should be created in the educational institutions which could help in strengthening industry-institute interaction and also promote entrepreneurial culture in technical institutions and institutions of higher learning. With this in mind Sreenidhi Institute of Science & Technology has established Entrepreneurship Development Cell in August, 2004 with partial financial support from DST. In order to make optimal use of facilities, expertise and know-how available in the technical institutions for the benefit of the society, it is necessary that appropriate links are established between the institutions and the industry. Thus, it is necessary to develop mechanisms so that academic institutions could focus their attention on entrepreneurship and self-employment in addition to their present mandate of training technological/managerial man-power. To create entrepreneurial culture in the institutions in the region and to promote the objectives of NSTEDB, including programs related to women and weaker sections of the society.
2. To foster better linkages between the Institutions, Industries and R & D institutions in the region and other related organizations engaged in promoting Small & Medium Enterprises including NGOs and other Voluntary Organizations.
3. To catalyze and promote development of Science and Technology based enterprises and promote employment opportunities.
4. To respond effectively to the emerging challenges and opportunities both at national and international level relating to micro enterprises. To organize Entrepreneurship Awareness Camps, Entrepreneurship Development Programs and Faculty Development Programs in the region for the benefit of Science and Technology persons.
2. To develop and introduce curriculum on Entrepreneurship Development at various levels including degree / diploma courses of the parent institution and other institutes in the region.
3. To conduct research work and survey for identifying entrepreneurial opportunities (Particularly in Science and Technology areas and service sector).
4. To inculcate entrepreneurship among Science and Technology teachers and students by motivating them to develop innovative business ideas through innovative games.
5. To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support system, information on technologies, etc.
6. To organize guest lectures, TV & Radio talks, Seminars, etc., for promotion and growth of Science and Technology based entrepreneurship.
7. To arrange visits to industries for prospective entrepreneurs.
8. To extend necessary guidance and es**rt services of the trainees in obtaining approval and ex*****on of their projects.
9. To act as a Regional Information Centre on business opportunities, processes, technologies, market, etc. by creating and maintaining relevant databases.
10. To provide testing, calibration, quality assurance, design, tool room, pilot plant and other facilities for entrepreneurs besides expel1ise in intellectual property rights, patents search, etc. 11. To render advice to sick enterprises and assist the entrepreneurs in rehabilitating them.
12. To conduct skill development training programs leading to self/wage employment.
13. To promote generation of innovative ideas for implementation in any enterprise. The activities of Entrepreneurship Development Cell are monitored and guided by an Advisory Committee headed by the principal of SNIST as Chairman and members from
1. Department of Science & Technology (Govt. of India)
2. Small Industries Development Bank of India
3. National Bank of Agriculture and Rural Development
4. National Institute of Small Industry Extension Training
5. Small Industry Service Institute
6. Confederation of Indian Industry
7. Federation of Andhra Pradesh Chamber of Commerce and Industry
8. Commissionerate of Industries, Govt. Andhra Pradesh State Financial Corporation
10. Indian School of Business
11. Andhra Bank
12. Faculty Members of our Institute.

Address

SNIST
Hyderabad
501301

Telephone

+919573058519

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