| New cell for entrepreneurs |
By Our Correspondent
An Entrepreneur-ship Development Cell (EDC) and a Virtual Technology Business Incubator (TBI) initiated by Technopark, Thiruvananthapuram, was inaugurated in LBS College of Engineering, Kasargod.
With this initiative, Technopark TBI shall be extending total support to the Engineering College for coordinating the effective conduct of the Entrepreneurship Development Activities thus maintaining the status of a Regional TBI in the state.
The TBI has incubated more than 70 start up technology companies in the past 5 years with a success rate over 90 per cent which enabled to bag the National Award for the Best Technology Business Incubator for 2007.
The programmes of TBI play a catalytic role in promoting indigenous technology development, encouraging entrepreneurship.
KC Chandrasekharan Nair, CFO, Technopark and Programme Coordinator-New Initiatives, Techno-park TBI, inaugurated the EDC.
Inaugurating the EDC Chandrasekharan said that “Technopark, through the Technology Business Incubation initiatives, is creating an ecosystem and a fertile ground that promotes the spirit of innovation and entrepreneurship through out the state. We are proud of the fact that we have incubated more than 70 start up technology Companies in our incubation facilities in the past 5 years with a success rate of over 90 per cent which enabled us to bag the National Award for the Best Technology Business Incubator for 2007 and a Seed Funding Assistance of Rs2 billion instituted by National Science and Technology Entrepreneur-ship Development Board (NSTEDB) of the Department of Science and Technology, Government of India.”
The Entrepreneurship Development activities of the College shall offer all support to spot and transform the innovative ideas among the students into marketable products and to incubate them in the Technology Business Incubator.
A virtual Technology Business Incubator has also been inaugurated to incubate Swades Solutions, a business venture promoted by 4 students from the college who has set up a Company in the Technopark Technology Business Incubator (T-TBI). Deepak, Abhinav, Ashwin and Hisham, all computer science students from LBS College of Engineering, Kasargod. Swades Solutions shall be operating out of LBS College of Engineering and shall be a company of T-TBI operating off campus.
“We are set to be a huge motivation for more young people to turn into job providers rather than job seekers. Inspired by the success stories of companies from the Technopark Technology Business Incubator, we are sure of growing big under the guidance of TBI", says Deepak, CEO, Swades Solutions.
Oman Tribune
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