Vision

To cater the needs of student entrepreneurs with innovative ideas there by introducing a culture of entrepreneurship inside campus which will strengthen our education system and there by promoting the national economic and social growth

Mission

To develop an ecosystem with required infrastructure that can enable students and faculty to innovate and prototype their potential ideas with industrial standards and support from Government, industry and reputed academic institutions around the world and help them to realize their potentials.

Short Term Objectives:

1. To help student groups to prototype their ideas.
2. To improve innovation, creative and design thinking among student community.
3. Incubation facility for faculty driven start-up and student/Alumni start-up.
4. Organize FDP, seminars and workshops, distinguish talks for students, Faculty and Alumni and promote entrepreneurial culture.
5. Strengthen institute industry interaction cell activity and effectively use the outcomes for achieving the mission.

Long Term Objectives:

1. Associate with DST, CII, MSME and other academic institutions for transferring world class facility for MSAJCE IEDC activities.
2. Improve quality of research work among students and to attain patent, which can be commercially used in production.
3. Provide a platform for students to develop innovative products with global recognition and generate business opportunities.
4. Generate revenues through consultancy work and student start-ups.
5. Spread awareness to students and faculty regarding IPR related activities.
6. Strategic partnership linkage with
   1. Entrepreneurship Development Institute of India (EDII), Chennai.
   2. National Innovation Foundation (NIF) of India to submit ideas and apply for schemes.
   3. Procure fund from AICTE for Entrepreneurship Development Cell.

Committee Members

S.No	Name	POSITION
1	Dr. K.S. Srinivasan Principal, Mohamed Sathak A.J. College of Engineering (MSAJCE), Chennai	President
2	Mr. Prakadesh Subramanian Strategic Partner, SIIF, Chennai.	Incubation Coordinator
3	Mr.Parvez Aalam CEO, Crescent Innovation Incubation Council, Chennai	Incubation Coordinator
4	Mr.Thiyagaraja Gupta Deputy Controller of Patents and Designs	Patent Expert
5	Ahamed Jamel AMT IT consultant, 4A technology	Alumni Entrepreneur
6	Abdur Rahim Salih Director & CEO V5 Innovations Pvt,Ltd	Alumni Entrepreneur
7	Asim Ali. L CMO, Customer Labs	Alumni Entrepreneur

Thrust Area

S.No	PLAN
1	To develop Strategies and governance for Promoting Innovation Entrepreneurship in the institute
2	Creating Innovation Pipeline and Pathways for Entrepreneurs and Startups.
3	Building Organizational Capacity, Human Resources and Incentive
4	Collaboration, Co-creation, Business Relationship and knowledge Exchange
5	Incubation & Pre-Incubation support at SIIF
6	IP Ownership Rights for Technologies Developed at MSAJCE and SIIF.
7	Pedagogy & Learning Interventions for Supporting Innovations & Start-ups
8	Entrepreneurial Performance Impact Assessment

KPI Monitor & Evaluation

Hierarchy of Objectives	Key Performance Indicators (KPIs)	Means and Verification
Vision	Increase in Self-Employment Rate 5 Established Start-ups per year	NIRF Rankings
Goal	Establish the Environment with multiple level of support for innovation & Entrepreneurship and startups. Students will choose Entrepreneurship as career	ARIIA Rankings
Outcomes	All the student & faculty with entrepreneurship Orientation Student & faculty motivated to start any entrepreneurial activity 5 IPR/Innovations developed ideas/year 5 Student/Early-Stage Start-ups to be formed/year. In-house Expert Capacity facility available for Advisory Services 25% of Student & faculty mass exposed to awareness/orientation building programs Students covered through entrepreneurship Education; MOOC, Class Room, Experiential Learning programs etc. 250 of beneficiaries are accessing the infrastructure & facilities per day, month & Year 25% innovators identified; 25 of awarded,/recognized; 25 of Supported 5% Student projects turn to (commercialize) Innovations 5 of IPR based product/services generated and registration filed In-house trained professional developed for advisory services 5 of Research Studies on Entrepreneurship published 2 of Regional, National and International linkages established for the start-up & innovation 5% Representatives of experts & entrepreneurial students across Dept. & Disciplines. 5 of Beneficiaries Referred to Incubators/investors for further support through Start-up Cell 10 of Beneficiaries generated under various schemes and programs leveraged and converged at Start-up Cell	Quarterly News Letter Biannual Survey Monthly progress report
Activities	5 Education/Skill certification program on Entrepreneurship, IIPR, Innovation etc. 25 of workshops, awareness, and market outreach events, orientation, advocacy meetings etc. 12 of networking event (Intra and Inter-institutional, enablers, stakeholders) organized 5 of skill and competency development training programs/FDPs/EDPs organized. 5 of research studies related to Entrepreneurship conducted 01 of national and regional award and campus Hackathon like events organized Incentivizing Entrepreneurship and Innovation; services and facilities; Start-up Manual, policies, tool kits etc. 1% of total budget/year spend against total institution revenue for start-up Budget allocation and Spend ratio for the start-up mandate in institute	Biannual Survey Quarterly News Letter Monthly progress report Review Meetings

Tentative plan for the next 5 years

S. No.	Activity	Frequency
1	One Day Workshop on “Entrepreneurship and Innovation as Career Opportunity”	One per Year
2	One Day Workshop on Problem Solving/Design Thinking/Ideation Workshop/ Campus Hackathon etc	One per Year
3	Field/Exposure Visit to Village/Society /School/Industry/Market – Identity real Life Problem	One per Year
4	Special Talk on My Story - Entrepreneur’s Life & Crossroad – Motivational Speak - To be Share by Entrepreneurs	Two per year
5	Product Development Phases - Story Telling - (Innovators in Campus)	Two per year
6	National Conference/workshop on Start-up/Social Innovation & Entrepreneurship	One per Year
7	Demo Day – Exhibition Cum Demo for PoCs & Mentorship Session for Innovators (or) Student Entrepreneurs	Two per year
8	Internship at Innovation & Start-up Centre/Startups/Incubation Unit etc. during Semester Break	One per Year
9	Field/Exposure Visit to Incubation Unit/Patent Facilitation Centre/Technology Transfer Centre	One per Year
10	Business Plan Contest	One per Year
11	One Day Awareness/Mentoring Session on IPR & IP Management for Innovation and Start-ups	One per Year
12	Field/Exposure Visit to Design Centre/Makers’ Space/Fab Lab/Prototype Lab/Tinkering Lab etc.	One per Year
13	Seminar on Accelerator/Incubation - Opportunity for Student Faculty - Early-Stage Entrepreneurs	One per Year
14	Seminar on Understanding Angel and Venture Capital Funding - What is there for Early-Stage Innovator & Entrepreneurs	One per Year
15	Boot camp for Innovation product development	One per Year
16	Innovation Day Celebrations	One per Year
17	National Science Day	One per Year
18	Workshop Funding Opportunities for Innovation and Entrepreneurship Development	One per Year
19	SATHAKATHON-A National Level 24Hrs - Hackathon	One per Year
20	Short Term Training course on Innovation /Start-up & Entrepreneurship	One per Year