Center for Innovation, Incubation & Entrepreneurship Development (CIIED)

Since 2006, every year, number of Training programs in Entrepreneurship Development is conducted & as result of this Entrepreneurial culture is being inculcated in institute. Simultaneously, with Institute’s initiative in promotion of research culture among faculty and students, number of innovative projects, ideas is being developed. The speedy translation of Innovative ideas into product processes and series for the market is the need of the ever challenging Global business environment.

In response to this, RIT has extended activities of Entrepreneurship Development Cell, to “Centre for Innovation, Incubation and Entrepreneurship Development” (CIIED) in2016, at a most propitious moment when Innovation, Incubation and Entrepreneurship are playing a vital role in shaping national economies. 

CIIED

Entrepreneurship Cell, targets to help in the development of RIT's entrepreneurial ecosystem by enabling easy and efficient interaction between its major components spanning students, working professionals, aspiring and existing entrepreneurs, mentors, angel investors, venture capital firms and corporate through initiatives like interactive sessions, competitions, conferences.

Incubation  Facilities- 

At the Center for Innovation, Incubation and Entrepreneurship (CIIED), each incubatee has access to the following facilities.

1. Physical office space based on the requirements

2. Access to college Wi-Fi facilities.

3.  Meeting rooms and G.B. meeting hall access to conduct company meetings.  

4.  Access to all the labs to conduct tests/experiments and available software.

5.  Access to library.  

6.  Access to Central Workshop.  

7.  Access to cafeteria/ Guest House.  

8.  Access to UG/PG students for project allocation/internships. 

9.  Power supply with UPS/ DG back up

10. Parking 

11. Gayatri Guesthouse (lodging) at discounted rate.  

12.  24 x 7 access with physical security 

Services offered -
At the Center for Innovation Incubation and Entrepreneurship (CIIED), each incubatee gets the following services on request.

• Legal help through an independent legal advisor on panel of
• Project Report preparation & financial management assistance through Chartered Accountants on panel of CIIED.
• Taxation Assistance through third party resource.
• Facilitation of broad band through local BSNL office
• Print services (small loads)
• Guest visits facilitation through on campus resources.

Thrust Areas:

1. Appropriate Technology for Rural areas:

• Agricultural Machines, Implements
• Water shed Management
• Low cost construction technologies

2. Assistive Technology:

• Bio-medical Instrumentation

3. IT enabled services:   

• Web/App designing
• Web Hosting
• Web Promotion

List of projects of Entrepreneur Development: 

• Online aggregation of trucking and logistics.
• Biodegradable plastic manufacturing unit
• Mushroom processing and powdering plant
• A2 milk production and processing 
• Mango pulp making plant
• Planetary gearbox manufacturing unit
• AAC bricks manufacturing
• Ink manufacturing plant
• Advanced castings and foundry processing
• Fruit import and exports
• Natural flavouring of honey: Production and processing
• Shopping search engine: fashiostreet.com
• Compressed Baggase briquette manufacturing