TOP ENGINEERING COLLEGES ADMISSION 2021-2022
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MSME APPROVED INCUBATION CENTRE

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) explore the new innovative ideas from the Incubatee of various sectors which may be entrepreneurs or students from the any streams

MSME Funded Ideas submitted in Hackathon

2021-22
  • MSME Idea Hackathon 2022
  • Number of idea proposals submitted – 21, Proposals approved on 30th June, 2022
  • 4 ideas received the fund of 35 Lakhs.
2022-23
  • MSME Idea Hackathon 2.0
  • Number of idea proposals submitted – 31, Proposals approved on 27th June, 2023
  • 2 ideas received the fund of 30 Lakhs.
2023-24
  • MSME Idea Hackathon 3.0 (Women)
  • Number of idea proposals submitted – 34, Proposals approved on 29th Feb, 2024
  • 4 ideas received the fund of 38 Lakhs.


Functions of the Incubator are mentioned below:
  • Open to MSMEs, Indian startups, Indian Companies, Students/ Developers/ Professionals/ Community members
  • Students of undergraduate and graduates of professional courses as well as Researchers has privilege to use the incubator and submit ideas.
  • Supporting the innovative competitions and contests.
  • MSME announced hackathon support
  • 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 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.
Host institute support
  • Encourage students to setup startup while studying
  • motivate 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