CEIIE

Centre of Excellence for Innovation Incubation and Entrepreneurship (CEIIE)

Centre of Excellence for Innovation Incubation and Entrepreneurship (CEIIE) is one of the centers of excellence established by Confederation of Indian Micro, Small and Medium Enterprises (CIMSME) and Confederation of Startupreneurs and Studentpreneurs (CSS), are units of International Council of Technology, Management and Applied Engineering to achieve greater understanding of an effective mechanism for promotion of professional management practices in Indian organizations, as well as to stimulate the development of these organizations for societal benefit. CEIIE’s vision is to be acknowledged as a program of international renown, where students, faculty, alumni, industry and policymakers collaborate, learn and innovate. The team comprises of faculty from different functional areas and disciplines. Currently, it is headed by Er. Santosh G. with the help of a core team of student, mentor and coach representatives.

Some of the major activities undertaken by CEIIE are listed below:

CEIIE IS CURRENTLY ACTIVE IN THE FOLLOWING AREAS:

  • Entrepreneurial Research and Case Development: CEIIE aims to collaborate with faculty and fellows who have thesis topics on subjects related to entrepreneurship and innovation. The centre has also collaborated with industry to develop research cases for further study.
  • Venture Creation: CEIIE provides support to the creation of new ventures by providing consulting services in evaluating opportunities, identifying resource requirements, assisting in resource acquisitions and managing new ventures.
  • Events: As part of a new initiative, CEIIE has started organizing events that invite eminent speakers to share their experiences and insights to help young entrepreneurs make a smooth transition from the idea to implementation. Our flagship event MSME Connect is to enable MSMEs to face challenges in the globalized market by providing information on various schemes offered by Central and State Government, incentives packages offered by banks and financial institutions and vendor development by connecting large scale industries with small and medium scale.
  • Young Women Organisations (YWO): CEIIE conducts free one on one management consulting sessions for women entrepreneurs of YWO. CIMSME & CEIIE provide implementable solutions faced by these entrepreneurs in their ventures through problem analysis, research and brain-storming.
  • Startup Manthan: Startup Manthan is a hunt across Pan India for aspiring entrepreneurs to showcase their promising startups to boost market visibility & garner growth opportunities. As a startup associated with us during your incubation, acceleration or post-investment phase, you can benefit from us in multiple ways!
  • Networking and Opening Doors: Apart from an active network of over mentors, you get to leverage the extensive advisory members. Our team ensures that we get you introduced to whoever can help you in your entrepreneurial pursuits. Be it trying to help you find your first customer or bringing about a policy change, we will not shy in using our networks to benefit you!
  • Sectoral and Functional Expertise: Over the years we have build sectoral expertise within the team as well as a network of relevant experts, to be able to provide you relevant inputs. We also have inhouse team of accounting, HR and admin professional to meet your basic needs. Our panel of high-quality but affordable service providers will get you what we may fail to provide at times including hosting space, tech development, design and legal support.
  • Fund-raising Support: We have strong investor networks and dedicated staff that help our ventures raise subsequent funds. Apart from finding usual investors, we also actively work towards creating new investors – be it individuals or corporates. For every Rupee invested by us so far, our ventures have raised over 14 Rupees from other investors.
  • Resources & Community: Being a part of a cohort or being co-located builds a great community-feeling amongst our entrepreneurs. This camaraderie makes the entrepreneurs actively contribute to each others success through ideas, networks and resources. Also, CEIIE has built a huge list of tools and resources that you can benefit from!