Support for Entrepreneurial and Managerial Development of SMEs through Incubators-CEDI-NIT Trichy

Closing Date: 30-JAN-2019 Reward: Max 8,00,000 INR

About the Scheme:

• The program offers innovators the opportunity to develop and develop their innovative new ideas for the production of innovative new products that can be marketed for commercialization.

• CEDI-NITT explores innovative new ideas from incubators from various sectors that may be existing or potential entrepreneurs. Even students from different areas / departments can also participate in feeding their new ideas through the host institution as part of their studies and building supports.

• Financial assistance provided upto 75% to 85% of the project cost up to 8.00 Lakhs. This fund is channeled through the CEDI-NITT

Objective of CEDI-NITT

1. Promote innovative technology-based and knowledge-based emerging companies that seek to promote and nurture the ideas of professionals.

2. Promote and support the untapped creativity of individual innovators and also help individual innovators become technology-based entrepreneurs.

3. Promote networking and linkages with other components of the innovation chain to commercialize their developments.

Under this program, the Indian government offers innovators the opportunity to develop and feed their new innovative ideas for producing new innovative products that can to be sent to the market for marketing. The fund is routed via the CEDIT-NITT.

Areas for the Projects:

Hi-tech Activities

(i) Bio-technology

(ii) Pharmaceuticals

(iii) Information Technology

(iv) Nano-technology

(v) Polymer Products

Other Possible Areas-1

(i) Fruit Processing

(ii) Ceramics Industry

(iii) Glass Industry

(iv) Herbal Medicines

(v) General Stores

(vi) Auto Components

(vii) Electrical Appliances

Other Possible Areas-2

(i) Ready-made Garments

(ii) Sports Goods

(iii) Wet Grinders

(iv) Metal Utensils

(v) Surgical Instruments

(vi) Agriculture Implements

(vii) Cane and Bamboo Products

(viii) Leather Goods

(ix) Engineering Industries

For more details visit the link below:

Contest link: www.nitt-cedi.in/

Contest Mail: cedi@nitt.edu

Contact Details:

Mr. G.Krishnan, Manager, CEDI

Phone: 0431 2504760, Mob: 96776 82106

Category of contest: Startup contest

Disclaimer: As our blog was started to support students and innovators to know all latest contest, we furnish the details in our blog post which are taken from the contest link which was given at the time of contest launch, if any changes made in contest such as reward or date of closing projectcontest.com is now responsible for the changes.

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