The MSME Incubation Unit is established to promote innovation, entrepreneurship, and technology development among students, faculty members, and aspiring entrepreneurs. The unit supports the creation of innovative ideas and helps transform them into successful business ventures. It acts as a platform where innovators receive technical guidance, mentorship, and infrastructure support to develop their products and services.The incubation unit works in collaboration with the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, to encourage research-based startups and provide financial assistance for prototype development and product commercialization. Through this initiative, the institution aims to nurture creativity and build an entrepreneurial ecosystem within the campus.
Host Institution Recognition
The AVNIET Incubation Unit is proudly recognized by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, New Delhi. As a certified Host Institution and Business Incubator, we are authorized to support MSME-related product development by providing infrastructure, technical mentorship, and guidance for funding support. This recognition enables us to foster innovation, encourage entrepreneurship, and contribute to the development of commercially viable products aligned with national priorities.
About :
The Incubation Center at AVNIET plays a vital role in promoting innovation and entrepreneurship by transforming ideas into viable ventures. It offers startups and aspiring entrepreneurs access to modern facilities, mentorship, funding support, and networking opportunities. Encouraging collaboration among faculty and students, the center fosters the development of innovative, cross-disciplinary solutions. Its end-to-end support ensures successful market translation of ideas, contributing to economic and societal progress.
Vision & Mission
VISION:
To empower aspiring entrepreneurs and product developers by transforming innovative ideas into viable ventures through expert mentorship and access to cutting-edge technological facilities.
MISSION:
- To nurture innovative startups by providing state-of-the-art infrastructure, expert mentorship, and access to funding and resources.
- To create a collaborative and supportive environment that accelerates the growth of early-stage ventures.
- To equip aspiring entrepreneurs with the necessary skills through customized programs, workshops, and training sessions.
- To bridge the gap between academia, industry, and government, fostering innovation, commercialization, and sustainable business development.
OBJECTIVES:
- The main goal is to nurture innovative ideas from faculty and students.
- Encourage out-of-the-box thinking through regular brainstorming sessions and innovation challenges.
- Facilitate access to funding through investor networks, grants, and partnerships.
- Provide mentorship and coaching from industry experts and successful entrepreneurs.
FUNCTIONS AND RESPONSIBILITIES:
- To create an awareness about the benefits and opportunities of incubation for faculty and students of the Institution.
- To conduct workshops, seminars, and training courses on entrepreneurship and startup development.
- To promote a better understanding of the entrepreneurial ecosystem and the process of incubating a startup.
- To encourage faculty members and students to develop and pursue innovative ideas that can be transformed into viable business ventures.
- Identify prospective innovations, business ideas, and service improvement opportunities that have the potential for incubation.
- To impart training on business development, market analysis, and other entrepreneurial skills required for startup success.
- Assist in the process of securing funding, including preparing business plans, pitches, and connecting with investors.
- Compensate and recognize successful entrepreneurs and innovators within the institution to encourage continued innovation.
- To promote technological advancements and innovation that contribute to improved quality of life and sustainable development.
Process Steps
- Identify a new innovative business idea or significant problem to solve.
- Conduct market research and validation to ensure originality and viability.
- Obtain approval and acceptance from the incubation unit.
- Develop the idea through detailed research, prototyping, and weekly status updates.
- Submit detailed progress reports to the incubation unit for review and feedback.
- Finalize the product or service, complete development, and prepare for market entry.
- Submit proof of concept or final product to the incubation unit, along with acknowledgments of key milestones achieved.
| Sl. | Position in Incubation unit | Name(s) |
|---|---|---|
| 1 | Chairperson | Dr. P. Nageswara Reddy, Principal |
| 2 | Vice-Chairperson | Dr. Shaik Abdul Nabi., |
| Vice Principal, Professor | ||
| 3 | Business Incubator of HI and Convener | Dr.G.Dhanalakshmi, Professor/ ECE |
| 4. | Incubation- Co-ordinator | Dr. B Shilpa Reddy, Associate Professor (CSE) |
| 5 | Members | Dr.Gowtham, Professor & Head (CSE) |
| Dr.N.Suresh, Professor& Head (ECE) | ||
| Dr.Krishna Rao, Professor & Head (Civil) | ||
| Dr. Indira Priya Dharshini | ||
| Professor& Head (CS) | ||
| Dr.Kishore Babu, Associate Professor& Head(H&S) | ||
| Dr.D.Revathi Professor& Head (DS& AI-DS) | ||
| 6 | Department Faculty Co-ordinators | Dr. P. Kalpana (CSE) |
| Mr. V.Jagadeesh Reddy ( CSE-DS) | ||
| Mr. Venkatesh (ECE ) | ||
| Ms. Aparna (Mechanical) | ||
| Mr. Muralidhar (Civil) | ||
| Mr. Suresh ( AI&ML) | ||
| 7 | Student Coordinators | S Nitesh - IV- ECE |
| D Manikanta - III-year-CSE | ||
| V Rohan -II-year-CSE | ||
| A Shirisha - III – year- CSE - DS | ||
| T Swathi Sri - III-year- CSE -CS |
Project/ Prototype development Lab
he MSME Incubation Unit Gallery showcases the various activities, workshops, innovation programs, and entrepreneurial initiatives conducted under the incubation center. It highlights the efforts of students, faculty members, and startups who actively participate in innovation and product development.
The gallery includes photographs of startup mentoring sessions, prototype development activities, training programs, seminars, and collaboration events organized by the MSME Incubation Unit. These images reflect the vibrant innovation ecosystem within the institution and demonstrate the commitment to nurturing entrepreneurship and technological advancement.
