CIIED, Centre for Innovation, Incubation and Entrepreneurship Development, KPR Institute Engineering and Technology, Autonomous Engineering Institution, Coimbatore, India

Vision

To be a renowned technology incubation centre to cater to the needs of the society through a sustainable innovation ecosystem.

Mission

• Nurture creativity and innovation among students and faculty to become successful entrepreneurs
• Develop innovative products on emerging technologies to meet the societal needs

Objectives

• Inculcate entrepreneurship, through education, research and training.
• Catalyse and promote science and technical knowledge-based enterprises and generate employment opportunities in innovative areas.
• Organize periodic workshops / seminars / hackathons / idea competitions, interactions with entrepreneurs, investors, professionals and create a mentor pool for student innovators.
• Network with peers and national entrepreneurship development organizations.
• Create an Institution's Innovation portal to highlight innovative projects carried out by institution's faculty and students.
• Provide pre-incubation and incubation support facilities.

Policy Statement

KPR Institute of Engineering and Technology (KPRIET) is committed to handhold aspiring entrepreneurs and provide facilities and assistance to start, incubate and successfully run businesses that involve innovation, and societally important and environmentally relevant technologies.

KPRIET shall support the incubatees with facilities and services such as office and workspace, communication and computing facilities and uninterrupted power supply, water etc. in addition to offering mentoring, counselling, and training.

KPRIET Shall,

• adhere to National Innovation and Start-up Policy (NISP) implementation guidelines
• develop strategies and governance for promoting innovation and entrepreneurship through KPRIET Incubation Centre (KInC)
• create innovation pipeline and pathways for entrepreneurs
• inculcate innovation of sound technology, entrepreneurial and start-up culture, and protection of intellectual property rights among all stakeholders
• mentor, counsel, and train incubatees in product development
• provide business development assistance, networking and relationship support
• ensure business relationship and knowledge exchange among all enablers of start-up and incubation ecosystem
• provide pre-incubation and incubation support and facilities
• support applications for funding under various government schemes, venture funding etc.
• provide seed loan subject to the availability of funds/ grants meant for this purpose
• guide the students to participate in various innovative project schemes
• carry collaborative activities with other government/private organizations
• organise awareness programs for the students and staff of KPRIET through activities within the campus and the public through its community outreach programmes