Helpline no. 0129-4259000

Helpline no. 0129-4259000

           

NEWGEN INNOVATION AND ENTREPRENEURSHIP DEVELOPMENT CENTRE MANAV RACHNA

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

 

  1. 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.

 

 

  1. 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.
  1. 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.
  1. 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.

 

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