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Social Enterprise Education Programme 2015-16


Mainstreaming University – Social Enterprise Ecosystem (MUSEE)Creating socially responsible knowledge, practices and graduates


 

Summary

The movement towards creating social value is gaining momentum among students who want to make a difference. Compassion and empathy, coupled with the current state of inequities, has stimulated the need to take action. It is the range of experiences and interests that students bring to the classroom that create an engaging space where social entrepreneurship can be explored in an interdisciplinary way. Social entrepreneurship opens the door to possibilities beyond the traditional concept of two sectors and the notion of a single bottom line. The third sector, the social sector, merges these traditional concepts, and instead of working towards a single bottom line, social enterprises work towards two: profit and impact. In this case, it’s both.

Our youth are told that they can change the world, but the tools that exist to help aid them in their crusade to make an impact are limited and scarce. It is this missing dimension that this project will try to address. Understanding what social value is, how it is created, and why it is difficult to measure are topics that provoke and can challenge our traditional beliefs of how our world operates. From world hunger and poverty to health care and education, the principles of entrepreneurship are used to help create new solutions to social matters by reframing the issue and focusing on context. Mainstreaming social entrepreneurship education through curriculum and policy intervention will help with the process.

The project will produce evidence based input for policy recommendations to university leaders, professors and students. The research will begin with an assessment of existing practices as benchmarks.

This will be followed by a scenario and need gap analysis to produce a framework within which informed policy recommendations for a better university ecosystem will be proposed.

Beneficiaries

The beneficiaries of this project will be the educational institutions and the society at large. Within the educational system, it will be the ecosystem of incubators, accelerators and the enhancers, who will also benefit. There are two key motivators for us to engage in this:

One is our belief that more people actively engaged in co-creating our world will greatly improve it, the other is that the diversity and complexity of problems we as a society face calls for a broad range of solutions. However, currently only a tiny minority is actively involved in solving them. Through this project, we will be able to empower the educational curricula for the students to become agents of change by guiding them through the experience of developing and testing solutions for the problems they care about most.

Project Partners

British Council

The British Council is the United Kingdom’s international organisation for educational opportunities and cultural relations. The British Council creates international opportunities for the people of the UK and other countries and builds trust between them worldwide.

The British Council is recognised across India for its network of 9 libraries and cultural centers. It offers a range of specialised projects in arts, education, English language and society to audiences across India and more than 100,000 members. British council also provides access to English language training and learning for both students and teachers and enable opportunities to study in the UK.

British Council work with a wide range of Indian partners in cities all over India enabling British and Indian experts to meet and collaborate and to nurture mutually beneficial relationships.

The British Council’s partners in India include trusted organisations, top educational institutions and leading corporations.

Hull University

Since opening its doors back in 1928, the University of Hull has been committed to providing students with first-class facilities and an ideal environment in which to live and learn. The University of Hull is providing a cutting-edge educational experience for over 18,000 students a year. The academic portfolio contains 50 disciplines across the arts and humanities, business, education, health, the sciences and the social sciences.

As one of the major players in the regeneration of Hull and Scarborough, the University also has a significant impact on local economic and social growth.

BIMTECH

Birla Institute of Management Technology (BIMTECH), Greater Noida, established in 1988, under the aegis of the Birla Academy of Art and Culture, and supported by the Birla Group of Companies. Late. Dr. (Smt.) Sarala Birla, Chairperson of Birla Academy and Syt. B. K. Birla, Chairperson of B K Birla Group of Companies, are the founders of the business school. The Institute runs two-year full-time Post-Graduate courses in General Management, International Business, Insurance Business, Retail Management and Sustainable Development practices. All these courses are approved by AICTE, MHRD, Government of India and are fully residential.

International Conference on Management Cases 2017(ICMC)
30th November and 1st December 2017.


ICMC 2017

BIMTECH, Birla Institute of Management Technology, Greater Noida (NCR), INDIA and, The School of Policy Government and International Affairs, George Mason University, Arlington, Virginia (USA) are pleased to announce the International Conference on Management Cases 2017 (ICMC 2017) at BIMTECH Campus on 30th November and 1st December 2017.

ICMC 2017 invites stimulating original, unpublished, related to real life events and situations research / teaching cases, case studies based on primary and / or secondary data, field studies, empirical data, or significant experience of learning in various facets of managementImaginary cases are not welcome.ICMC 2017 aims at international relevance and encourages authors from all over the world..

Birla Institute of Management Technology(BIMTECH)

BIMTECH, situated at Greater Noida in National Capital Region, was established in 1988 under the aegis of the Birla Academy of Art and Culture and is supported by B.K. Birla Group of companies. BIMTECH is engaged in delivering research, academic programmes at master and doctoral level, training and consulting to corporate and other organizations. BIMTECH has partnership with 40 foreign universities and organizations and is signatory of Responsible Business Education with PRME and UN Global Compact. It has been ranked in the top 10 private business schools of India and has come to be regarded as a premier institution to deliver quality education and impart values. There is a focus on fundamentals, respect for the individuals and a seriousness of purpose. This is reflected in various dimensions: interface with corporates, partnership with educational institutions of repute at international levels, building intellectual capabilities, initiatives in areas of societal concern, and strong cultural affinities

 

George Mason University , Virginia(USA)

Ranked number one on the list of national universities to watch by U.S. News & World Report, George Mason is the largest university in the Commonwealth of Virginia with over 30,000 students. Utilizing nationally ranked graduate programs in such subjects as public policy, conflict resolution, engineering, information technology, biotechnology, health care, economics, visual and performing arts. George Mason University prepares its students to succeed in the workforce and meet the needs of the region and the world. George Mason University, School of Public Policy, Government, and International Affairs is recognized as one of the largest and most diverse graduate public policy schools in United States. The school is located in the Washington, D.C. area and is ranked by the National Science Foundation as the number one program in its field for federal and total research expenditures.

EU – UNIQUE Centre @ INDIA

Vision, Mission and Objectives     Knowledge and Reports    Services and Activities     Disseminaton and Contact

unique Erasmus


EU – UNIQUE Centre @ INDIA

Internationalization and University Quality Assurance

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UNIQUE is European Union Erasmus Mundus funded project which is aimed at researching the gaps and developing knowledge for improving services for international students, address the international (European Union) dimensions of Quality Assurance and to promote the joint programmes and student exchange programmes.
The consortium members include FH Joanneum, Austria; World University Service, Austria; Universida de Alicante, Spain; Voronezh State University, Russia; Univeristy of International Business and Economics, China; Intstituto Technologico de Monterey, Mexico; Birla Institute of Management Technology, India; Polytechnic of Namibia, Namibia; Aston University, UK.

The project is implemented with research objectives-

  1. Promote the idea of international collaboration and exchange
  2. Promote comparability with European standards and support the university management in its alignment for EU related initiatives
  3. Counsel the Indian institutes concerning recognition of European courses, grades and admission of incoming European students.
  4. Counsel international office of universities and outgoing students in selecting high quality European institutions for their studies for open programmes, collaborative degree and exchange programmes
  5. Screen the European higher education area for new developments and partnership opportunities.Under the European Union project proposal, UNIQUE Centre in India is created at Birla Institute of Management Technology (BIMTECH) to execute the research outcomes and offer continuity to the idea. It will be the centre of information for European Universities and also a place to offer available opportunities on quality improvement, collaboration with universities for student exchange, faculty exchange and counseling of student exchange programmes. The information on universities will include institutions, programmes, scholarship, quality, evaluation system, and other engagement opportunities. Given the breadth of the information, the centre will service both students and professors.

Project Partner Institutions

Project Home Page: http://www.unique.fh-joanneum.at

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Gallery

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Internal Events

National Conference of IORA held at BIMTECH on May 2-4, 2015 Convocation 2015 FDP on Institution Building – Mentor : Padma Shri Dr. Pritam Singh
2014 2014 2014
Super Chef 5.0 Entrepreneurship at BIMTECH in partnership with NEN and the Wadhwani Foundation Udyami Winter Carnival 2015
2014 2014 2014
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External Events

Swiss Re announces strategic partnership with BIMTECH Vastradaan in Gautam Budh Nagar Jail Library week in Gautam Budh Nagar Jail
2014 2014 2014
Project Margdarshan 2015 BIMTECH – Bloomberg TV CFO Conclave 2015
2014 2014
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BIMTECH Yearly Convocations!

2014 2013 2012
2014 2013 2013
2011 2010 2009
2014 2014 2014
2008 2007 2006
2014 2014 2014

 

Celebrations

Holi 2015
2014
Republic Day Celebration 2015 New Year Celebration 2015 Durga Pooja @ Campus
2014 10565239_1578834682344124_8015441365323537142_n 2014
Durga Pooja Onam Celebrations 2014 Independence Day 2014
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Janmashtami 2014 Holi 2014 Krishna Janmashtami ’13
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Republic Day 2014 Happy New Year Christmas Celebration 2013
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Student Activities

Lok Rajya 2.0 The Cultural Immersion Festival – November 12, 2014 BIMTECH Theatre Team Performance @ IMI
2014 2014 10565239_1578834682344124_8015441365323537142_n
Theatre Workshop for BIMTECH’s Official Theatre Inter Department Cricket Tournament Foundation Day Cyclothon
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Faculty Speak

Summer Internship – “An inside out view”
Prof. Dhruva Chak, BIMTECH speaks about relevance of professional management education today
Prof. R J Masilamani, BIMTECH talks about Industry expectation from B-school Graduate
Dr.Jagdish Shettigar, BIMTECH talks about importance of residential B-school program

Alumni Speak


A spring of learning, exposure and opportunities at the prudential foundation.

“In the era of globalization and as part of millennial generation it is very important to have global exposure. This experience at DC provided me with the right platform to be a global citizen in true essence.”

This Spring was highly enriching and eventful. I got selected for the highly competitive scholarship by The Prudential Foundation in Washington DC. I was fortunate to be a part of The Prudential Foundation Global Citizens Program. The objective of this program is to select a total of 20 students from universities in Brazil, China, India, Japan, Republic of Korea, and Taiwan. This program is managed by The Washington Center for internships and academic seminars.

As Washington DC has the maximum number of international non- profit organizations in the world, it was an ocean of opportunities for me. I got a chance to intern at the Regional Office (for the Americas) of the World Health Organization. This experience earned me a wonderful opportunity to work with the United Nations system.

This experience has proved to be the beginning of my journey of becoming a working professional from a post graduate student. It has given me an ideal platform to interact with people from all parts of the world and understand the matters of global interest. This has enhanced my learning abilities and has encouraged my inquisitiveness. This experience motivated me to do something extraordinary for the community as well. It got me involved in projects for the benefit of the society. Furthermore, The Prudential Foundation Global Citizens Program provided me the opportunity to develop my leadership skills, study, intern and network.

Furthermore, it helped me to get a global outlook in a vibrant international city. I have made full use of the opportunities of exposing myself to the world’s leading think tanks as well as academic researchers, thus broadening my thinking horizons. Through a whole semester’s intensive guidance, I learned a great deal. Along with the internship, workshops at the Washington Center have been greatly beneficial and the academic course “Global Markets and International Business” has been both entertaining and enlightening.

The Prudential Foundation Global Citizens Program has been the most logical extension of my academic pursuits and a major step towards achieving my objectives. The most wonderful and unique thing that can only happen if you are part of Prudential scholarship is valuable experiences during our trip to Prudential company’s headquarter. It was a pleasure to know insights of CEO and other executives on how to achieve success in life, women at leadership positions, International business, how to use corporate social responsibility as a competitive advantage for the organization. This guided me in understanding the expectation set of industry from young professionals.

Also, studying, learning and interning at Washington DC provided me with an opportunity to understand how DC influences world politics. In the era of globalization and as part of millennial generation it is very important to have global exposure. This experience at DC provided me with the right platform to be a global citizen in true essence.

I fervently believe that all the experiences and learning would guide me to achieve success. Integration of all the knowledge that I gained over past few months would be a major step towards streamlining my career path. It has helped in fostering intellectual partnerships. It has made me a part of international clan of qualified professionals. I surely see this opportunity as a stepping stone in my life. I am truly grateful to BIMTECH, my alma mater for providing me this opportunity.

Ruchi Kahanna
PGDM, 2012-14

 


Having started work in the security industry I have realized the armour BIMTECH has provided me to withstand any situation. The domain knowledge and industry exposure provided through different efforts ensures that I am on top of my game.

I would like to thank the CCR department for ensuring a placement that met my specific requirements. They have a ‘never leave a man behind’ attitude and were there for me through the ups and downs throughout the two years.

Again big thanks to the BIMTECH team.

Arnav Shankar
General Manager
C4 Securities
Batch 2012-14


“I am really proud of my alma-mater because of which I got an opportunity where I rub shoulders with veterans in Industry. Fantastic education in a caring and thoughtful community we get from this great Institution.”

Dhaval Jagdish Gokani
Marketing & Sales |
Adani Wilmar Ltd
Batch 2011-13


It feels good to be on the other side of the table and looking forward for a better career ahead and for my career the applause should go to my Alma Mater BIMTECH, whose continuous support and guidance led me through my way and today I confidently stand up and throw challenges in this corporate world. I got placed from the campus into PNB Housing Finance in 2013 and now just after a year the accomplishments are better to be called good. Brick by brick as they say has laid the foundation of my life and nurtured the blossom to flourish the vision of growth and sustainability.

Thanks a lot BIMTECH of the things you gave that will be engraved to my life forever

Bipin Kumar
Credit Manager (NorthHub)
Punjab Housing Bank
Batch – 2011-13


I entered these very gates with a fair knowledge of the world but still deep within I felt there was something missing. My journey here has been very eventful and has personally filled in every gap I felt missing. We not only get facilitated with a course but get accustomed to mingling with the broadest spectrum of people; indeed peer learning has been the focal point of my education here. Ever increasing number of companies come year on year to make their pick. I found my dream job and couldn’t have asked for more.”

Somaiah Ulliada
PGDM-RM
Batch 2010-2012


I came to BIMTECH to be reborn and it has given me the chance to be reborn again – as a professional. BIMTECH provides the necessary ecosystem to students to nurture themselves to become professional managers provided the students invest in themselves to become one. BIMTECH is second to none infrastructure wise and provides everything at its disposal for the best placement facility year after year.
I thank my alma mater for all that it has given me and will definitely prove to be a worthy son one day.”

Harish Natarajan
PGDM-IBM
Batch 2010-2012


BIMTECH – I credit Bimtech for having broadened my management skills & for providing levers that I could deploy to actualize business benefits. The Industry interactions & CCR activities in particular, were of great practical relevance in converting classroom learnings to ensure that we are business ready in our specializations.

Ayush Palod
Retail & ECommerce Consultant,
TCS Ltd.
Batch – 2009-11


“A chances meeting with Perfection was written for me, I sometimes feel now, after going through one of the most comprehensive courses ever attended in my academic career. After CAT, it was time for me to decide on my future course of life called as Career by society and needed a full time course which will help me build my capacity as a person having: passion for working knowledge of International Business, with respect for seniors, and affection for juniors. With pride I can say the amalgamation of the course content with International Business requirements is one of the best that can be ever provided by an institute.

Things which act as backbone for this course at Birla Institute of Management Technology, Greater Noida, are each and every course blended to accommodate understanding of the international aspect of the same with innumerable Case Studies providing guidance on the Whys and Hows of the course included Comprehensive presentations on Current National and International Affairs pertaining to Course and national and International Port Visit (In our batch : Goa / Singapore and Malaysia)

Another unique BIMTECH feature was the involvement of Students in Administration related works through proper channels of various Conduits like: Placement Committee, Mess Committee, etc. really instilled in me at least an understanding of intricacies of daily operational tasks for an organization. If I am always in a learning mode, the credit should go to my alumamater, BIMTECH.”

Amar Prabhakar Bakle
Management Trainee
Alfa Laval India Limited
Batch 2009-11


Two years that I spent at BIMTECH was golden period of my life. I made lifelong friends and mentors, which I treasure, in these two years. I had the opportunity to meet great minds and fine tune my management, interpersonal and professional skills. The exposure which BIMTECH provided me in terms of industry interface and professional development has been vital to my performance in corporate world as well as career progression.

BIMTECH provided me a perfect launch pad which gave an amazing kick start to my career. Theoretical and Practical concepts of Retail which I acquired in BIMTECH helped me in my day to day activities in professional life. I am happy that I have been able to do well in my profession and had the opportunity to travel around the globe and work with world’s biggest Retailers

My message to current students of BIMTECH is to consider 2 years which they spend here, as most important period of life and try to maximize the learning and exposure they get here. BIMTECH provides you with a solid foundation which helps you lifelong. Remember that this is the only opportunity you have in life to prepare yourself for a relevant and meaningful contribution to corporate world.

Rajeev Damani
Business Analyst
Tata Consultancy Services Limited
PGDM – Retail (2006-2008)

 


I entered these very gates with a fair knowledge of the world but still deep within I felt there was something missing. My journey here has been very eventful and has personally filled in every gap I felt missing. We not only get facilitated with a course but get accustomed to mingling with the broadest spectrum of people; indeed peer learning has been the focal point of my education here. Ever increasing number of companies come year on year to make their pick. I found my dream job and couldn’t have asked for more.”

SOMAIAH ULLIADA
PGDM-RM
2010-2012


I came to BIMTECH to be reborn and it has given me the chance to be reborn again – as a professional. BIMTECH provides the necessary ecosystem to students to nurture themselves to become professional managers provided the students invest in themselves to become one. BIMTECH is second to none infrastructure wise and provides everything at its disposal for the best placement facility year after year.
I thank my alma mater for all that it has given me and will definitely prove to be a worthy son one day.”

HARISH NATARAJAN
PGDM-IBM
2010-201


“A chances meeting with Perfection was written for me, I sometimes feel now, after going through one of the most comprehensive courses ever attended in my academic career. After CAT, it was time for me to decide on my future course of life called as Career by society and needed a full time course which will help me build my capacity as a person having: passion for working knowledge of International Business, with respect for seniors, and affection for juniors. With pride I can say the amalgamation of the course content with International Business requirements is one of the best that can be ever provided by an institute.

Things which act as backbone for this course at Birla Institute of Management Technology, Greater Noida, are each and every course blended to accommodate understanding of the international aspect of the same with innumerable Case Studies providing guidance on the Whys and Hows of the course included Comprehensive presentations on Current National and International Affairs pertaining to Course and national and International Port Visit (In our batch : Goa / Singapore and Malaysia)

Another unique BIMTECH feature was the involvement of Students in Administration related works through proper channels of various Conduits like: Placement Committee, Mess Committee, etc. really instilled in me at least an understanding of intricacies of daily operational tasks for an organization. If I am always in a learning mode, the credit should go to my alumamater, BIMTECH.”

Amar Prabhakar Bakle
Management Trainee
Alfa Laval India Limited
Project CRM Tool Implementation

CIED

Center for Innovation and Entrepreneurship Development

The Centre for Innovation and Entrepreneurship Development has been formulated, keeping in view the vision of the Institute which strives to encourage entrepreneurship, and also inculcate the same values in the students. The centre aims to act as a platform to create an interface between academia, business and research. It also aims to prepare men and women of character to lead, innovate, and think entrepreneurially whether in business, ministry, or public service–to be role models and job creators, rather than just job seekers.

Objectives

  • To act as an institutional mechanism for providing various services including information to budding entrepreneurs
  • To nurture entrepreneurship knowledge through entrepreneurship studies and education and to assist entrepreneurs in developing viable enterprises that are capable of competing in the global business and industry
  • To foster the entrepreneurial culture through an incubator centre ( Birla Incubation Centre- BIC)
  • To create a venture capital fund with linkages to angel investors, VCs and banks
  • To foster better linkages between BIMTECH, industries and R& D institutions in the region and other related organizations engaged in promoting Small & Medium Enterprises (SMEs) including NGOs and other voluntary organizations.
  • To understand the vital role of the capacity building of small businesses to the nation’s economy.
  • To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and micro enterprises.

Functions of CIED at BIMTECH

  • To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support system, information on technologies, etc.
  • To create a venture capital fund for the students with linkages by the Centre to angel investors, VCs and banks
  • To organize Entrepreneurship Development Programmes in the region for the benefit of students, whether internal or external.
  • To regularly update curriculum on Entrepreneurship Development for PGDBM programme at BIMTECH and work towards introduction of the curriculum on Entrepreneurship Development in other institutes in the NCR.
  • To conduct research work and survey for identifying entrepreneurial opportunities (particularly in S&T areas and service sector)
  • To extend necessary guidance and services to the trainees in obtaining approval and execution for their projects.
  • To act as a Regional Information Centre on business opportunities, processes, technologies, market, etc. by creating and maintaining relevant data bases.
  • To render advice to sick enterprises and assist the entrepreneurs

Ongoing Entrepreneurship Development and Support

  • Ongoing support provided to start-ups under the Birla Incubation Centre ( BIC)
  • Conducting a 6 month Certificate Programme for Family Business ( CPFB)
  • Conducting Entrepreneurship Development Programmes ( EDP) and Faculty Development Programmes ( FDP) in entrepreneurship
  • Consulting projects
  • Research Projects in entrepreneurship ( under progress) on Women & Minority Entrepreneurship
  • Seminars with Alumni , who are entrepreneurs
  • Student Seminars
  • Agreement with the National Entrepreneurship Network since 2007 for
    • Membership
    • Conducting various activities to encourage entrepreneurship
    • Meeting with venture capitalists and angel investors
cied3 Birla Business Incubation Center is designed to support the successful development of entrepreneurial companies through an array of business support resources and services, developed and offered both in the incubator and outside.
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These services are developed or orchestrated by incubator management and offered both in the business incubator and through its network of contacts. One main goal is to produce successful firms that will leave the program financially viable and freestanding. These incubator graduates have the potential to create jobs, revitalize neighborhoods, commercialize new technologies, and strengthen local and national economies.

We try to provide management guidance, technical assistance and consulting tailored to young growing companies and assistance in obtaining the financing necessary for company growth.

The objective of this centre is also to develop/up-grade entrepreneurial skills and techniques of incubatee companies. This objective will be achieved through various short courses and workshops. The Institute’s own and invited expert faculty will play an integral role in course development and instruction. These courses will be optional for the incubatee companies and they may enroll into courses which can benefit them in running the company. BIC will conduct these courses on a not – for – profit basis. Move to top

Goals

  • Nurture young firms, helping them during the critical start-up period when they are most vulnerable.
  • Provide hands-on management assistance, access to financing and well designed exposure to critical business or technical support services.
  • Offer entrepreneurial firms shared office, services, access to equipment, flexible leases and expandable space all under one roof.
  • To put our incubates at the forefront of developing new and innovative technologies and help them create products and services that improve the quality of lives in communities around the world.

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Advantages of Academic Affiliated Incubator

BIC will have a greater impact on the economy by working with the incubates as it will provide a direct link between the three important groups i.e. the entrepreneurs, the students, and the academic expertise through various faculty support.This support will come through well-equipped and extensive libraries, powerful computer systems, technology expertise, a well-educated workforce, subject-matter experts from the faculty and most important of all, the network with other institutes which will facilitate use of common resources like laboratories and workshop facilities.

BIC also has the advantage to:

  • Provide students with internship or part-time job opportunities, real-world examples for case studies or class projects, opportunities to apply their knowledge to real business problems, and an introduction to entrepreneurship early in their professional careers; and
  • Opportunities to strengthen ties between the educational institution and the local business community, a system for bringing technological advances and products to the market, a recruiting tool for faculty members and students interested in entrepreneurial opportunities, an opportunity to fulfill research academic, and community service missions

The Birla Incubation Center is operating under the overall set up of the Center for Innovation and Entrepreneurship Development.The initial capital needed for creating a state-of-the-art infrastructure has been provided by BIMTECH.
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Structure

BIC has the following governance structure in place, responsible for the operations of the incubator.

Chairperson : Dr. Abha Rishi
Advisor : Dr. Arunaditya Sahay
BIC Manager : Mr. Sunil Cheruvilly

In addition, a dedicated team of faculty members is available to strengthen the hands of the BIC.

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Incubator Services:

  • Help with business basics
  • Advisory boards and mentors
  • Guidance for accessing funds, bank loans and guarantee programs
  • Comprehensive business training programs
  • Help with presentation skills and business etiquette
  • Help with accounting/financial management
  • High-speed Internet access
  • Management team identification
  • Networking activities
  • Understanding regulatory compliance
  • Technology commercialization assistance
  • Marketing assistance
  • Links to higher education resources
  • Links to strategic partners
  • Coordinate with Angel investors or Venture capital investors
  • Intellectual property management support

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Incubator Managing Committee

The Incubator is guided and managed by a committee/consortium which consists of the following personnel:
Our Team

  • Head of the Committee – Director of BIMTECH – Dr.H.Chaturvedi
  • Advisor,CIED – Dr. A. Sahay
  • Chairperson,CIED: Dr. Abha Rishi
  • Prof N.N.Sharma
  • Prof. K.R.Chari
  • Prof.R.J.Masilamani
  • Dr.A.K.Dey
  • Prof. Manoj Pandey
  • Prof. M. S. Rawat
  • Prof. Rajeev Sharma
  • Prof.Akhil Pandey
  • Prof.Kamal Kalra
  • Prof.Shreshtha Bhattacharya
  • Prof.Arindam Banerjee
  • Representatives from Industry

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Services Offered

Physical Infrastructure:Incubates are provided well furnished offices. All offices are ready-to-use and come with hassle-free services, including

  • Reception services
  • Shared meeting rooms
  • Dedicated internet access
  • Independent working office space
  • Business centre services

Technical & Management Assistance:

To accelerate the development of entrepreneurial companies, the requisite technical &management assistance will be provided by the center during the first six months. This service will allow incubates to access institute’s faculty resources and gear up their engineering and managerial capability. After the six months period, a total of 20 dedicated hours per month of consultancy will be provided by the Incubator. If the incubate desires to avail these services, the center will charge an additional Rs. 5,000 per month towards these services.Any additional consultancy required by the incubate will be charged as per the norms.

Types of businesses supported:

BIC will support entrepreneurs in the following three areas of businesses.

        • Social Businesses
        • Energy and Environment
        • Information and Communication Technology

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Selection criteria for incubating companies

The incubates will be selected under three stages of incubation, as under:

Stage 1: Incubatee with the idea of the product or service.
Stage 2: Incubatee with fully developed idea and prototype stage.
Stage 3: Incubatee with a registered company and trying to further develop the product or service.

The following criteria will be applied to consider the selection of incubating companies:
The proposed business should have;

      • Good understanding of the market and competition
      • Established Pre-Feasibility
      • Strong growth potential
      • Demonstrabe scalable business potential
      • Sound financial condition of the incubate
      • Promising industry growth rate in the proposed sector
      • Significant proven market size
      • Identification of marketing, financial or management deficiencies
      • At least one full-time person committed to the company
      • At least one of the proponents has the relevant professional experience and education
      • The proposed technology involves an innovative concept,
      • Has a potential for IPR and has a
      • Technical expertise and edge

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Incubation process

Selection of incubatee:

    • Receipt of application from the incubatee
    • Application screening by a committee comprising business and technical experts
    • Meeting/Presentation by the potential Incubate(s) . At this stage, the Potential incubate will present the product concept and business feasibility

Selection Decision

    • Applicant is informed whether he/she is selected or rejected by the committee as an incubate.
    • Monitor Project Progress and assist incubate with future actions
    • Tenancy Agreement

Selection Committee will include:

    • Director of the Incubator
    • Faculty Member from the relevant field
    • External expert
    • Representative from Industry

Keeping the Incubate focused

BIC has and will ensure a business like discipline, team work effort and attention to details of every aspect of the project, to ensure success. This will be achieved through developing and managing project milestones such as Product concept refinement, Product design,
Prototype development, Product testing in laboratories and simulated actual service conditions.

Incubates must prepare and present for review a project plan describing each milestone and corresponding activities along with resources needed for each milestone.
The project plan must be adhered to strictly and corrective actions carefully designed and implemented to correct any deviation. Incubator Management will ensure that the plan is followed properly.

Once the product has been tested and approved to meet the quality and reliability standards, the Incubate may opt to sell it at a lump sum price or engage in serial production.

Option 1: Transfer of Technology

Under this option the project can be sold against a lump sum amount.

Option 2: Pilot and Serial Production

Under this option the incubate company can find an investor to do the pilot and serial production. Incubator Management will help the incubate in locating the right financial sources.
The incubator management will have to be consulted before making any legal arrangement with the investor or VC firm. There is a possibility where the VC firm can become an equity partner in that incubate company. The percentage of partnership will be worked out on a case to case basis.

Project Monitoring System

    • The monitoring system for the incubates will comprise
    • Goals set for the existing quarter
    • Achievements made against the set goals
    • Activities made to achieve the goals
    • Factors that contributed to the success/failure of goal achievement
    • Financial resources consumed during quarter
    • Goals for next quarter along with the corresponding activities and financial means required to achieve the goals.

Graduation or Exit Criteria
The incubate company will be graduated out of the incubator once it meets any of the following criteria.

  • Incubatee has spent 18 months at the incubator and the project hasn’t been completed yet. An additional 2-6 months could be given by the incubator management if they feel that the project can be completed by then.
  • Incubatee has successfully developed the prototype and has found an investor or Venture Capitalist to either buy it or take it to the production stage-
  • If incubatee fails to meet the quarterly targets twice in a calendar year
  • If the review committee decides that the project is no longer viable
  • If incubatee violates the tenancy agreement.

CIED Infrastructure

CIED Infrastructure:

Contact Us

Dr. Abha Rishi
Email : abha.rishi@bimtech.ac.in
Land Phone: +91-120-2323001 to 010: Fax: +91-120-2323022

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Mr. Sunil Cheruvilly
Email : sunil.kumar@bimtech.ac.in
Land Phone: +91-120-2323001 to 010: Fax: +91-120-2323022
Mobile: +91- 9999853888

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