In order to achieve
the goal of developing
regional competencies
for accessing, networking
and utilizing the global
performance standards,
markets and opportunities
through a vibrant cluster
of start-up ventures,
the following key inputs
and platforms are planned
as the creative outputs
of the project.
1.
Incubation Facilities:
1.An
Incubation Expert
System/Portal
Development.
2.Start-up support
centers with incubation
space, common
facilities and
connectivity.
3.Design Innovation
Facility as a
common incubation
facility from
the Department
of Science and
Technology. |
The
Design Innovation
Facility shall have:
|
|
1.
Specialized software
platforms in Engineering
Design
2. Hardware platforms
to support start-up
requirements
3. Campus area Network
(CAN) for connectivity |
2. Incubation
Programmes:
|
1.
Incubation Programmes
2. Promotion of
High growth start-ups
3. Promotion of
medium growth
start-ups |
-
100 potential start-ups
- 15 start-ups
- 25 start-ups |
3. Incubation
Team and Skill Development:
|
1. Training for
Indian Business
Incubator Managers
in Business Incubation
2. Training in
core ICT Skills
3. Training in
Quality Business
Excellence Models
4. IPR
Workshop |
-
100 Incubation Managers
- 50 facilitators
& Entrepreneurs
- 40 facilitators
& Entrepreneurs
|
4.
Documentation and Dissemination:
|
1. Documentation
of the Project
2. National Workshop
on Business Incubation
|
-
3 nos.
- 1 no. |
These key inputs target
distinctive results
in the process of Business
Incubation. However
their collective synergies
shall aim to promote
more vibrant start-up
clusters. Though within
the project period,
100 start-ups shall
be ushered in to the
Incubation Programmes,
with TREC-STEP's sustained
efforts it is expected
that 40 of them shall
become successful and
out of these 10 cases
shall be outstanding
examples of high growth
start-ups. This shall
set in motion a momentum
gathering, sustainable
incubation process for
the incubator producing
more ventures every
year thus creating more
jobs and wealth for
the region. This initiative
shall change the industrial
face of the region into
an ICT focused entrepreneurial
place.
This proposal brings
together the support
from Department of Science
and Technology, Government
of India for facilities
in Design and the support
of The Ministry of Small
Scale Industries, Government
of India and Tamilnadu
Small Industries Development
Corporation, for the
incubator's built-up
modular space, building
and infrastructure along
with the major contribution
from InfoDev for developing
ICT synergies for incubating
high growth start-up
clusters in Trichy region
in India for creating
more jobs and wealth.
Initiatives such as
Training, Learning Tours,
and ICT enabled, metrics
driven Business Incubation
Web Portal shall be
the backbone of the
incubation process and
shall be shared with
other Indian Incubators
supplementing capacity
building of these incubators
and also providing a
road map and milestones
for the start-ups so
that the benefits shall
be leveraged.
ICT is seen as the central
component of the TREC-STEP's
business strategy for
growth and sustenance
in the future and with
the infoDev Project
the benefits accrued
shall be manifold.