ARTS, COMMERCE & SCIENCE COLLEGE

Introduction:

The Innovation and Incubation centre of Pravara Medical Trust’s Arts, Commerce And Science College, Shevgaon is established with an aim to encourage, nurture and harvest the entrepreneurial capabilities of the students and provide them with opportunities to bring their dreams of ‘leading a company’ to fruition. This in-turn is expected to inculcate spirit of curiosity, research and innovation in both faculty and students, encouraging them to step out of their boundaries to achieve beyond their academic persuasions.

ROLES & RESPONSIBILITIES:

Though the ultimate expected outcome from the IIC is the establishment of registered and successful companies by the student entrepreneurs, the IIC is currently working towards creating the spirit of innovation in the minds of students who have enthusiasm, critical thinking and passion to do something pioneering .Towards that goal a registration process has been implemented to find the students who are interested .We are conducting talks by external speakers ,workshops and interactive sessions to educate them on the idea of entrepreneurship, IPR, funding options for entrepreneurs, managerial decisions and attitudes involved etc. We encourage the students to approach the IIC for provision of space, support and guidance in their endeavour.
A detailed well researched, write-up on their ideas and their implementation process has been requested to pick-out the implementable, innovative and novel ideas. The staff coordinators and advisors from various departments are then involved to help out with the analysis and guide the student/students towards optimization and improvement of the product. After establishing the production methodology, feasibility and reproducibility, the team charts down the selling points of the product and make any improvements to improve its applications, finish and optimize price in order to attract the customer base, investors and/or stake holders. Later the innovation would be tested by collaborating industry expert to see if it fares well in real world situations.
The final step is for the student team to present the innovation in front of director and all advisors and defend the idea, such that when they are forwarded to any funding options, they might be able to stand-up to the expectations of the stake holders and investors when the opportunity presents itself.

Vision:

To develop and produce handful of budding entrepreneurs from Pravara Medical Trust’s and, Commerce And Science, College & develop socially relevant products and services solution

Mision:

1.Identify the students with passion for innovation.
2.Identify the Students with fire in the belly to start their own firms and provide employment to others.
3.Educate the identified students with Incubation and Innovation tasks
4.Facilitate the student community with time to time interaction with Industry and business leaders.
5.Create awareness about the financial opportunity through VCs, Industries etc.