Announcements

Incubation Center

Overview

CMRIT, one of the most forwarding thinking and innovative educational institutions, is proud to start an incubation center to enable its students get first hand experience in entrepreneurship, promote innovation driven activities at the institute and provide comprehensive and integrated range of support including space, mentoring, training programs, networking and an array of other benefits.

Just as one cannot imagine a college today without a library or a place for physical activity, we believe that an incubation center is equally essential in today’s competitive and fast changing world. Through the incubation center, students gain hands-on experience in innovation and entrepreneurship while being nurtured and encouraged by faculty, management and industry experts.

The CMRIT-Sherpify Incubation Center, along with the CMRIT MakerSpace, aims to be the hub of innovative and high impact ventures in social, educational, commercial and other domains. It hopes to bring forth a revolution in how and what students learn and achieve while in college.

To bring this innovative IC to you, CMRIT is partnering with Sherpify, an organization committed deeply to help students reach their highest aspirations. The Sherpfy management team has years of experience working in some of the largest and most successful global organizations and have been part of the following entrepreneurial initiatives:

  • Started and run their own ventures in US and India
  • Helped create incubation centers
  • Mentored entrepreneurs at NASSCOM 10,000 start-up program
  • Mentored over 300 women entrepreneurs in Madurai

To learn more about Sherpify, go to http://www.sherpify.com/.

Operating Model

The CMRIT Incubation center at an operational level is responsible for nurturing innovative ideas by handholding the founders through the business proposal stage, identifying the target market, creating a minimum viable product/ service, technological guidance, industry exposure, pre-launch activities, consumer feedback and exposure to the investor community.

 

Eligibility

The CMRIT Incubation Centre seeks to support all members of the CMR ecosystem to translate innovation into products, processes and services that are commercially viable.

Admission to the Incubation center is open to:

  1. Faculty and Staff (Current) including Adjunct faculty
  2. Students (Current and Alumni <2 years)

The scope of support is envisaged to be broad-based and covers technologies/ IP developed wholly at the institute or partly through collaborations elsewhere. The CMRITIC will also be open to considering proposals with strong social and strategic impact.

 

 

Incubation Process and Support Available

Selection Process:

  1. Submit an e-application form to incubationcenter@cmrit.ac.in. Applications will be accepted semi-annually in March and October.
  2. Screening by CMRITIC Committee (Proposals are examined with attention to financial, technical and social impact parameters)
  3. Final approval by Incubation committee
  4. Agreement executed to formally commence incubation at CMRITIC
  5. Incubation support is normally offered for 1 year

Post Incubation:

Incubatees may be offered shared space at CMRITIC on a case-by-case basis. CMRITIC will also actively support incubatees with a combination of inputs including

  • BRANDING: Incubatees may apply for permission to brand themselves as “ CMRIT incubated company”.
  • MENTORING:
    • Academic Mentors
    • Industry Mentors
  • NETWORKING:
    • Engage with incubatees as well as Alumni network to leverage collective knowledge
    • Planned events at CMRITIC
    • Introduction to Investors
    • Training
 

Contact

Incubation Centre, CMR Institute of Technology, #132 AECS Layout, ​ #132, AECS Layout, IT Park Road, Kundalahalli, Bengaluru 37

Phone : ​  080-28524466 / 28524467 / 28476936

Email:  incubationcenter@cmrit.ac.in

 

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