Technology Innovation and Incubation Centre established in the year 2016 with an office space of 10000 Sq.ft for Pre-Incubation support within the premises of Institute. The centre is a one stop destination for entrepreneurs seeking to develop products in active collaboration with institute ecosystem.
To nurture the culture of Innovation and Entrepreneurship among the students, faculty, stakeholders and community Innovators
To foster Innovation by identifying the problems and providing solutions that would be commercialized into a venture development. Product development would be the prime focus by normalizing resources.
|1||Dr. M Pala Prasad Reddy||Dean- TIIC|
|2||Mr. V Raghavender||Pre-Incubation Manager|
|Phase||Ecosystem Layer||Key Interventions|
|Pre- Incubation||Exposure / Culture- Building||
|Ideas / Innovation||
The institute recognized as MSME- Business Incubator and through our centre any student, faculty or Innovator can apply for Seed Fund support from MSME.
The SIPP scheme is financially supported by Institute management and offering up to Rs. 2.5 Lakhs for Prototyping , Rs. 7.5 Lakhs for Commercialization and fellowship of Rs.5000 per month for all the student Innovators of IARE.
The institute offering Seed Fund support up to Rs.5.0 Lakhs for all the faculty members for Innovative Product Development.