Entrepreneurship, Incubation & IPR Cell

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Marathwada Mitra Mandal’s College of Commerce through its motto, “Welfare of the masses’’, imparts quality education for professional excellence and sustainable development. The Entrepreneurship Development Cell of the college encourages students to consider self employment as a career option by identifying their entrepreneurial skills. ED Cell of the college has collaborated with MCIII stands as a flagship initiative of Marathwada Mitramandal, Pune, in strategic collaboration with Tata Technologies Ltd. and Science & Technology Park. Designed to revolutionize the business landscape in Pune, Our ED cell offers an unparalleled platform for setting up new ventures seamlessly through MCIII. From flexible business ownership to 24/7 access, high-speed WiFi, and a diverse array of creative meeting spaces, MCIII embodies the epitome of ease in entrepreneurial beginnings.

Apart from this the ED Cell of the college has been at the forefront at inculcating an entrepreneurial spirit among young minds. Under the guidance of Management and Principal of the college, the Innovation, Incubation and Startup club is formed under ED cell and it has consistently strived to nurture entrepreneurship and ignite flames of innovation in students through various events, guest lectures and workshops every year.

Our Entrepreneurship Development Cell is committed to empowering students to become successful entrepreneurs, contributing to the economic and social development of the community. With the support of MCIII and the Innovation, Incubation, and Startup Club, students have access to the resources, mentorship, and opportunities needed to turn their innovative ideas into thriving businesses.

Objectives

Promote Entrepreneurship

Encourage students to consider entrepreneurship as a viable career option.

Skill Development

Provide training and development in entrepreneurial skills through workshops and courses.

Support Startups

Assist in the creation and growth of student-led startups by providing necessary resources and mentorship.

Innovation and Research

Foster a culture of innovation and support research in entrepreneurship.

Networking

Facilitate connections between students, entrepreneurs, industry experts, and investors.

Activities

An Entrepreneurship Development (ED) Cell plays a vital role in fostering a culture of innovation and entrepreneurship within an institution. Here are some key activities that an ED Cell should conduct:

  • Entrepreneurship Awareness Camps (EACs):
    Organize camps to introduce students to the concept of entrepreneurship, its benefits, and the opportunities available.
  • Guest Lectures and Seminars:
    Invite successful entrepreneurs, industry experts, and investors to share their experiences and insights.
  • Motivational Talks and Workshops:
    Conduct sessions to inspire and motivate students to consider entrepreneurship as a career option.
  • Success Story Presentations:
    Showcase inspiring stories of successful startups and entrepreneurs to encourage students.
  • Entrepreneurship Development Programs (EDPs):
    Conduct structured programs to equip students with the necessary skills for starting and managing a business. These programs can cover topics like:
    1. Business plan development
    2. Financial management
    3. Marketing and sales
    4. Operations management
    5. Legal and regulatory aspects
  • Workshops on Specific Skills:
    Organize workshops focusing on specific skills like:
    1. Idea generation and validation
    2. Intellectual Property Right (IPR) Workshop
    3. Design thinking
    4. Prototyping
    5. Digital marketing
    6. Negotiation and communication
  • Mentorship Programs:
    Connect aspiring entrepreneurs with experienced mentors who can provide guidance and support.
  • Idea Competitions and Hackathons:
    Organize events to encourage students to generate innovative business ideas and develop prototypes.
  • Business Plan Competitions:
    Provide a platform for students to present their business plans and receive feedback from experts.
  • Pre-incubation and Incubation Support:
    Offer support to promising startups by providing:
    1. Co-working space
    2. Seed funding
    3. Networking opportunities
    4. Access to resources and expertise
  • Networking Events:
    Organize events to connect students with potential investors, mentors, and industry partners.
  • Collaboration with Other Organizations:
    Partner with government agencies, industry associations, and other organizations to promote entrepreneurship.
  • Regularly update and improve the programs and initiatives based on feedback and changing industry trends.

Future Plans

Embracing Technology and Innovation :

  • Promote Tech-Based Startups: Encourage students to explore opportunities in fintech, edtech, healthtech, and other technology-driven sectors.
  • Establish a Virtual Incubation Center: Create an online platform to provide resources, mentorship, and networking opportunities to aspiring entrepreneurs.
  • Introduce AI and Data Analytics in Business: Organize sessions on how to leverage AI and data analytics for market research, customer insights, and business decision-making.

Fostering Social Entrepreneurship and Sustainability :

  • Encourage Socially Responsible Businesses: Promote the development of businesses that address social and environmental challenges.
  • Organize Social Entrepreneurship Competitions: Host competitions to encourage students to develop innovative solutions to social problems.
  • Promote Sustainable Business Practices: Integrate sustainability principles into entrepreneurship training and incubation programs.

Publication and Promotion of ED Cell : 

  • Research and Publications: Conduct research on entrepreneurship and publish articles and reports.
  • ED Cell Newsletter/Magazine: Publish a newsletter or magazine to disseminate information about entrepreneurship and ED Cell activities. 

Entrepreneurship Development Cell Committee Members

Sr. No. Name Designation
1 Dr. Ganesh Patare Chairperson
2 Dr. Sushil Gangane Coordinator
3 Dr. Pranita Raskar Member
4 Asst. Prof. Reshma Awati Member
5 Asst. Prof. Swapnil Kamble Member
6 Asst. Prof. Pankaj Ghorpade Member
7 Asst. Prof. Yogita Renuse Member
8 Asst. Prof. Rushika Kinjawdekar Member
9 Mr. Harsh Toshniwal Students Representative (Boys)
10 Miss. Mansi Shinde Students Representative (Girls)

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