Sri Autobindo College of Commerce and Management Technology Business Incybator

About SACCM TBI

SACCM TBI aims to serve as an enthusiastic knowledge and resource catalyst for the development of promising and capable entrepreneurs, and to incubate and accelerate burgeoning and embryonic organizations from ideation to marketplace success. It will be a start-up focal point offering specialized mentorship, infrastructure of co-working spaces, and full-spectrum business resources. For instilling entrepreneurial spirit and innovative thinking among its students, SACCM intend to undertake the following assortment of activities:

Inviting entrepreneurs who have spurned their families’ traditional business, and successfully established a new venture for the interaction with the students.
Conducting idea pitching sessions for some reputed organizations at the premises, to acquaint and motivate the college students about the concepts of idea generation, crystallization, and its execution. Sending the members to other institutions for participation in various contests. Inviting experts on the subject.
Sending the members to other institutions for participation in various contests.
Inviting experts on the subject.

Vision

To create a vivid and sustainable network for nurturing and enriching Creativity, Innovation and Entrepreneurship

Mission

We are committed to nurture and boost creativity, innovation and entrepreneurship amongst all the stakeholders for transforming their pioneering ideas into viable and sustainable business propositions

Objectives

The primary objective of SACCM TBI is to foster entrepreneurship and innovation by facilitating students, who have exhibited strong entrepreneurial interests; and to provide them an opportunity to further hone their skills. Following are the objectives behind setting up of SACCM TBI:

Encouraging the students to initiate their innovative venture through Industry and Academia interaction.
Supporting students in translating their innovative ideas into reality.
Assisting the incubatees in creating job opportunities using skills enhanced via Incubator.
Providing vital support to incubatees in developing a product/process, identifying the investors/sponsors, identifying the target market, and complying with legal requirements.
Providing access to technology to nurture the growth of regional industrial enterprises.
Facilitating the students in taking up start-up programmes
Providing access to the infrastructure of the incubator

Collaborations

MOU with MBCIE (Munjal Birmingham City University Centre of Innovation and Entrepreneurship, UK)

It is a matter of mighty exuberance that Sri Aurobindo College of Commerce and Management ventured to sign an MoU with MBCIE (Munjal Birmingham City University Centre of Innovation and Entrepreneurship, UK) for facilitating the SACCM collegians in translating their innovative imaginative flights into pragmatism. MBCIE is a notable institution based on the principles of co-creation and collaboration to impact society through technology and innovation. It will blend the boundaries between business and knowledge enabling swift, inclusive knowledge transfer between academia and industry. Designed as a centre for innovation, research, and creative production where technology, art, and design nurture innovation and creativity while triggering industrial revival. This venture will certainly go a long way in upping the total persona of the students. The principal objective of this MoU is to foster entrepreneurship by jointly working towards the holistic development of the students. Further this MoU aims at facilitating the students to take up different startup courses. SACCM students will get full access to use infrastructure of MBCIE.

MOU with TBIF, IIT Ropar

TBIF, IIT Ropar has established an incubation center to make concentrated efforts to foster and nurture entrepreneurial culture in the institute, as well as to give exceptional young minds with a platform to concretize their dazzling and enterprising ideas. In this direction, the College has signed a Memorandum of Understanding with Incubation Centre of IIT Ropar naming “IIT Ropar Technology Business Incubator Foundation” for the guidance and mentorship. The objective of this MOU is to provide innovation and entrepreneurship driven opportunities, promoting collaboration in the field of technology and innovation, networking opportunities to start-ups and plays an interface between the fund raiser and investors and assistance in setting up business incubator in the institute.

Facilities offered

SACCM has planned the development of incubators having conducive infrastructure which includes

Collaborative Workspace
For idea pitching meetings, there is a presentation room
An Idea Station where disparate ideas can be reviewed
High Speed Internet facility
Uninterruptible supply of electricity
Mentoring by industry professionals
Corporate Connect – Ample opportunities to the budding start-ups by connecting them with professionals from diverse industries and successful entrepreneurs.
Mentorship - Experts from distinctive fields will be invited for interactions and deliberations with nascent entrepreneurs
A seed support system to fund the selected business ideas