Initiatives to support Entrepreneurship Development
Fully in synch with the present trends and demands, ABES had adopted multitude of initiatives towards encouraging and sustaining the spirit Entrepreneurship among its students and faculty members. The programs hosted by the institute are not merely limited to lectures and workshops but also include handholding of start-ups in order to help them reach their logical conclusion – a financially viable business entity.
Entrepreneurship Development Cell (EDC)
The Cell was founded in the year 2009 with a financial grant of around Rs. 24 Lakh from AICTE. The mandate of the Cell included activities to promote entrepreneurship among and students and faculty members and encourage them to be job providers rather than being job seekers. Since its foundation the Cell has successfully conducted a series of awareness and sensitization programs and relevant trainings.
Over the years the Cell has emerged as the nodal body to coordinate all entrepreneurship related activities across the campus.
MOU with NEN
The institute signed an MOU with National Entrepreneurship Network (NEN) in the year 2012 to leverage their vast cache of resources. NEN was established in the year 2003 with a mission to inspire, educate and support high potential entrepreneurs to create millions of high-value jobs. NEN does this by building institutional capacity for entrepreneurial support and a robust entrepreneurial eco-system. Since then EDC has conducted many awareness activities in association with NEN.
Programs like Spark and setting up of Technology Business Incubators are bound to create intellectual wealth. A need to have professional advice in order to protect intellectual properties created under these programs has long been felt. ABES has taken steps to provide in-house IPR consultancy to budding inventors. The steps thus taken are aimed at establishing a fully fledged IPR cell in months to come.
MSME recognized Technology Business Incubator (TBI)
The institute hosts Ministry of Small and Medium Enterprises (MSME) recognized and funded Technology Business Incubator (TBI). TBI provides infrastructural support in terms of office space and laboratories to help budding entrepreneurs develop their ideas into concrete products.
Apart from other student and faculty initiatives TBI at present is hosting four MSME funded business ventures. The total financial support to all the four ventures from MSME is around 23 Lakh.