Progress Report 2019-20
|
Name of HI/NewGen IEDC |
: Manav Rachna International Institute of Research & Studies, Faridabad |
|
Name of the Chief Coordinator |
: Dr. Monika Goel |
|
Period under Review |
: From 01.11.2018- 31.03.2020 |
- Initiatives/Activities Undertaken as per the Action Plan Submitted:
[A] To inculcate the spirit of innovation and entrepreneurship amongst S&T students
|
Sr. No. |
Activities |
Outcome/Achievements |
Month |
|
1. |
Pitching Drill and Preparation for Startup Jalsa |
Students were given training on how to effectively showcase their startups and how to attract both the investor and customers. |
November 2018 |
|
2. |
Startup Jalsa |
6 startup teams, 5 mentors and 5 E-cell students participated in startup jalsa held in Dharamshala, HP. 3 Startups were selected for the final round of investors pitch. |
December 2018 |
|
3. |
Startup masterclass IIT Kanpur- Delhi |
A one day event organized by IIT Kanpur in New Delhi, where 8 students from NewGen IEDC startups participated. The event was to promote activities related to Entrepreneurship. |
April 2019 |
|
4. |
Entrepreneurship Awareness Camp |
82 Students from all different streams participated in the three day camp where expert sessions were held with industry exposure |
February 2019 |
|
5. |
Entrepreneurship Awareness Camp |
96 Students from all different streams participated in the three day camp where expert sessions were held with industry exposure |
March 2019 |
|
6. |
Business Idea pitching competition |
A 10 day entrepreneurship awareness drive to motivate the new batch of students to look beyond jobs and enlightening them about the different prospects and support system at NewGen IEDC. |
July 2019 |
|
7. |
Entrepreneurship Awareness camp |
109 Students from all different streams participated in the three day camp where expert sessions were held with industry exposure |
February 2020 |
|
8. |
Pitch deck preparation for Youth Jalsa |
A one day event where more than 80 students and 15 startups participated to learn the art of presenting their ideas in front of jury within a very short span of time. Elevators pitch, Idea generation. |
January 2020 |
|
9. |
Youth Jalsa |
A one day grand event where more than 200 students including more than 40 startups participated for presenting their projects and ideas for investment. |
February 2020 |
[B] To identify, develop & commercialize students’ innovative ideas
|
Sr. No. |
Activities |
Outcome/Achievements |
Month
|
|
1. |
Entrepreneurship Development program(2018-19) |
A 30 day program where 20 student ideas/startups were given a chance to present their ideas in front of more than 30 resource persons, to understand different aspects of the product and market approach. |
February 2019 |
|
2. |
TEDP(2019) |
An idea development program of 30 days, where 27 students participated to learn the insights of business with the help of industry experts. |
February 2019 |
|
3. |
WEDP(2019) |
A special training event for the women entrepreneurs, where 21 students participated. |
February 2019 |
|
4. |
Review Committee |
One day interactive session among the startups and external industry expert |
Feb 2019 |
|
5. |
Screening Committee Meeting |
10 students presented their ideas infront of the jury for selection process in NewGen IEDC scheme. |
Jan 2019 |
|
6. |
Review Committee |
One day interactive session among the startups and external industry expert |
Feb 2019 |
|
7. |
Investors Meet |
The objective of the program was to present NewGen IEDC Student startups to a panel of Investors/Bankers to understand future scope of investment. |
March 2019 |
|
8. |
E-Week |
A full week of entrepreneurial activities for the startups and students with live sessions by experts and investment opportunities |
March 2019 |
|
9. |
E-Summit |
4 selected startups along with E-cell students participated in a three day event held in IIT-Kanpur. |
August 2019 |
|
10. |
Startup Jalsa IIT Delhi |
5 startups with 5 Ecell students pitched their idea infront of juries for 1st round of selection. |
October 2019 |
[C] To enhance Industry-Academia interaction
|
Sr. No. |
Activities |
Outcome/Achievements |
Month |
|
1. |
Faculty Development program |
A two week program for 21 faculty members was conducted where 27 internal and external resource persons shared the insights of business and how to promote it among the upcoming students. |
|
- Deviation (shortfall) from the proposed action plan (with reasons), if any:
- The nomenclature of events has changed at the time of organizing though the scope of activity and achievements have been similar to action plan.
- Other important highlights (new initiatives), if any:
- Organized eight events under DST Nimat scheme for entrepreneurship promotion and development.
- In process with entering into MOUs with accelerators for taking the startups to the next phase.
- Student Projects (Please provide the following details for each student project)
|
Sr. No |
Team/Project Description |
Project status at beginning of the Year |
Interventions made |
Current status |
|
1 |
Pinaca |
Designing & Conceptualization |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
First prototype ready. Working on the final prototype to be market ready. |
|
2 |
VADS Creation |
Ideation & demand analysis |
Supported in product selection, USP identification and business model preparation. |
Working on website development. |
|
3 |
Lynista Gaming |
Ideation |
Supported in product selection, USP identification and business model preparation. |
Working on developing games for beta testing. |
|
4 |
Metro Masti |
Conceptualization & Market Testing |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Application ready, launched on Google playstore. Working on incorporation. |
|
5 |
Travel Gram |
Conceptualization |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Beta version of website ready. |
|
6 |
Smart Water Sprinkler |
Prototyping |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Beta version of the prototype ready. |
|
7 |
Nutri Fresh |
Ideation & testing |
Supported in product selection, USP identification and business model preparation. |
Multiple samples tested. Working on final prototype. |
|
8 |
Orchard India |
Prototyping |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Beta version of prototype ready. Working on business model. |
|
9 |
Medical Tourism |
Market Research |
Supported in selection of targeted market, USP identification, prototype development and business model preparation. |
Ready with website. Working on the business model |
|
10 |
One Touch |
Conceptualization, Prototyping & Market Research |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Beta version ready, business model ready. In process of incorporation. |
|
11 |
Bliss Board |
Conceptualization |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Working on the prototype. |
|
12 |
Jugal beats |
Market Research |
Supported in selection of targeted market, USP identification, prototype development and business model preparation. |
Working on Web portal. Business model ready |
|
13 |
Organic Farmfresh |
Prototyping |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Prototype ready working for final product |
|
14 |
ParkIn |
Conceptualization & Prototyping |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Proof of concept is ready working towards making the prototype. |
|
15 |
Nanomaterial portable water treatment |
Ideation |
Supported in concept refinement, USP identification, prototype development and business model preparation. |
Startup working in nanomaterial based portable water treatment system. |