Inspiring Innovations - President of India · Host Institute 1995 1986 1995 2000 2000 UNIDO...
Transcript of Inspiring Innovations - President of India · Host Institute 1995 1986 1995 2000 2000 UNIDO...
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TREC-STEP
Tiruchirappalli Regional Engineering College –
Science and Technology Entrepreneurs Park
Inspiring Innovations Festival of Innovations 2016 15th March 2016
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Physical
Infrastructure
Connectivity
to
New markets
and
Others
Intellectual
Infrastructure
Education
Training
Skills
Knowledge
Networks
Research
Institutes
Social Vision
and The Will
Cultural
Infrastructure
Risk Culture
Innovation
Ambience
Venture Mind
Social
Recognition
& Reorgiztn
Financial
Infrastructure
Angel Funds
Venture Fund
Innovation
Fund
Incubation
Fund
Tech. Bridge
Fund
Investments
Business and Social Environment
Business Incubators Performance Business Incubators Performance
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TREC-STEP
Objectives
• Incubation of New Ventures
• Facilitating Technology Development
• Enabling Industrial Development
• Training in Technology and Management Skills
• Dissemination and Replication
Self Supporting Organization
Promoted by
DST, Govt. of India, Govt. of Tamilnadu, Central and State FIs and NITT
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2015 2015
Giant
Industry
BHEL
Railways
Confdrtn.
Indian
Industry
Small
Industries
Bank
2010 2010
TREC-STEP Department of S &T
Entrepreneurs
Promoters
Host Institute
1995 1986 1995
2000 2000
UNIDO
Regional
Small Industries
Assns.
UNDP
British Council
Division
CISCO
The
World Bank
EU India
Ministry of MSME
GOI
Global
TBIs & Assns.
Dept. of
Scientific & Industrial
Research
European
Union R & I
International
Energy
Agency
GRP
Rockefeller
Foundation Industry for
CSR
GEF
GCF
SWITCH
Asia
MUDRA
Bank
Bilateral
Funding
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TREC-STEP
Awards and Recognitions
Best Innovation Award
Indian Railways
UKBI International Champion of
Business Incubation
Patents Granted/Applied 19
World Bank - Development
Market Place Award
Best Incubator Award 2001
Products developed /commercialized 213 Innovative technologies
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45
34
32 28
12 11
8
7 6
6 6 5 5 3 1 1 1
Manufacturing
Electronics
Engineering
IT
Textile
Clean Tech
Agri sector
Medical
Consultancy
Leather
Service
Chemical
Food
Health
Civil
Electro Mech.
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Business Incubator,
The Rainbow Equation …!
BI Investment After 5 to 7 years
Tax Revenue to Governments ( Profit, Turnover, Manufacturing Taxes)
Innovation :
New products / processes
p o b J s 0 3 0 e r m l n .
I n v e s t m e n t
Government & Society
Community
Regional Development
Human Development
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TREC-STEP
Institutional
Interaction
50 ++ Tech. Angels
NIT &
other Natl.
Institutes TREC
STEP
• Outsourced for the first time to TREC-STEP 2005 – 06
• Up to Rs. 15 Lakhs Grant for Individual Innovators
• 40 Innovators funded to the tune of Rs.3.2 crores for innovation development
• Among them, 15 are commercially successful start-up ventures, many others are in final fine-tuning stages
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40 Innovative Products
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2011 Torch Best Entrepreneur Award,
Asian Association of Business Incubation,
2008 Second Prize in the India
Innovation Pioneers Challenge for
the innovation –
New Geometrical Instrument
‘The Best Success Story Award’ in
Business Boosting Services and
Soft-landing , EUROFFICE
Services Project at Lyon, France
2009 – 3 Incubatees selected for
the DST Lockheed Martin India
Innovation Growth Programme
2013 All India Management Association –
Dr. J.S. Juneja Award for Creativity & Innovation
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Student Innovators
Other Student Initiatives supported
• TEDx Trichy
• Genesis – Innovation / Entrepreneurship Lecture series
•International Business Plan Competition
•Advisory support from concept to final implementation
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DSIR,
DBT,
+++
Dept. of Science &
Technology
(DST)
World Bank,
DST, EU CCT-
CCS, EOS
MSME
&
DST
UNIDO
and
DST
European
Union,
World Bank,
DST
TDB, NSTEDB,
MSME, EU CCT-
CCS
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0
10000
20000
30000
40000
50000
60000
70000
80000
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• Dynamic Tech Entrepreneur
• Rich Business & Tech. Expertise
• Motivated Team
• Growing Market
• Reputed Firm
• High Funds Requirement
• Good reputation
with Banks, Suppliers
• Provides Growth, Wealth,
Employment and hope
Common
Production Facilities
Nursery
Incubators
Training &
Knowledge Inputs
Youth with • No Experience • No Business Knowledge • No Team • No Funds • But Big Dreams
Counselling & Escorting
Incubation
Fund
Innovation
Fund
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Nurturing Innovation and Venture creation
@TREC-STEP
Wide
Promotion ,
Screening,
mentoring &
Funding by
TREC-STEP
Technology
vetting and
monitoring by
Experienced
Technology
Angels Highly Innovative ideas,
successful prototyping,
High tech, high growth
ventures