The basic aim of Innovation & Entrepreneurship Development center (IEDC), is to encourage college-level students throughout the nation to start their own enterprise. IEDC strives to develop, nurture and sustain the entrepreneurship culture in KMCTCEW. It acts as a pre-incubator to help students develop their ideas into scalable startup ventures and hence overcome the problem of unemployment of trained youths.
OBJECTIVES OF INNOVATION AND ENTREPRENEURSHIP DEVELOPMENT CENTER
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To promote strong entrepreneurship among engineering students.
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To devise and implement a mechanism for patenting of the products or innovations and securing the prototypes/ processes or products under intellectual property rights
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To develop a conducive environment for exposing students to various aspects of industry
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To develop close links between industry and institute by interaction programs and hence design activities to bring about improvement in the performance of the industry
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To organize entrepreneurship development and awareness programs through National/ International level seminars/ workshops/ conferences.
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To undertake research studies to identify high technology areas having entrepreneurship opportunities
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To devise and implement a mechanism for identifying agencies to fetch funds for activities related to innovation and entrepreneurship