Wednesday, April 22, 2020

1st. Concept/Idea submission


1st. Stage

Concept/Idea Submission

We have called the new business idea/concepts from the students, research scholars and root level innovator. For collecting the idea we have circulated an idea inception form on different social media platform, notice board, and published in the new paper. On getting the initial details of the idea/concept and ask for the complete business plan. For making the good business plan we will provide the basic training which ever required to the incoming entrepreneurs. Based on the level of the progress, the incubating idea/ business plan will be classified in different categories-
a)      Primary conceptual (Level 1)
b)      Experimental (Level 2)
c)      Proof of concept (Level 3)
d)      Validation of the technology (Level 4)
e)      Scaling of the technology for bulk Manufacturing          (Level 5)
f)        Commercialization/ Marketing (Level 6)
g)      Expansion (Level 7)
The incoming idea will be documented and keep in record, necessary input and intellectual suggestion will be provide.




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