JCE HI -BI

With reference to the F. No 3(10)/Inc/7th PMAC/2020-21 dated 06.04.2021, Jerusalem College of Engineering got approval as Host Institute of MSME INCUBAOTR. The Incubator status was approved during the 7th meeting of Project Monitoring & Advisory Committee (PMAC) held on 25.03.2021.

Host Institutions (HI) can explore the new innovative ideas from the Incubatee of various sectors which may be entrepreneurs or students from the any streams

Functions of the Incubator is mentioned below :

Open to MSMEs, Indian startups, Indian Companies, Students/ Developers/ Professionals/ Community members
Students of 3rd & 4th year of undergraduate, graduate, post graduates of professional courses as well as Researchers of are allowed.
The Selected start-up company / Incubate will be hosted and seeded in the incubator for a period of 1 year, for which a part of the grant will be utilized

Assistance from MSME for incubation scheme :

Financial assistance up to 15 lakhs for developing and nurturing of an idea
Financial assistance up to 1.00 Cr. for procurement and installation of Plant and Machines in BI in order to strengthen the technology related R&D activities of BI.
Financial assistance of up to 1.00 Cr. as grants in aid for the seed capital support to HIs/BIs for converting deserving ideas in to start-ups.

Jerusalem Innovation & Incubation Council (JIIC) support

Allow students to setup startup while studying
Allowing students to earn credit for working on innovative prototypes/business Models
Allow student to take a semester break/year to work on their startup
Allow the students to use the address of Hostel (or) pre-incubation and (or) incubation unit to register their venture while studying
Allot mentors to support the students from innovative idea generation to startup
Help in market survey
Train the students to gain administrative skills
Introducing angel investors and venture capitalist