ABOUT IEDC

The Innovation and Entrepreneurship Development Centre (IEDC) is an initiative of National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology (DST), New Delhi under Ministry of Science & Technology, Govt. of India. With a mission to “Develop institutional mechanism to create entrepreneurial culture in academic institutions to foster growth of innovation and entrepreneurship amongst the faculty and students”.

Every year DST is helping financial support to a maximum of five numbers of student’s innovative projects with one lakh rupees for each project. In order to promote and encourage young engineering entrepreneurs, our Trident Academy of Technology, Bhubaneswar has set up an Innovation & Entrepreneurship Development Centre (IEDC) in the month of July – 2013 for the academic year 2013-14 sponsored by Department of Science & Technology, Govt. of India and to develop an entrepreneurial culture among students, faculties and other academic institutions in the region.

The main objective of establishing an IEDC is to set up an institutional mechanism to create self employment opportunities and to convert “job-seekers” into “job-provider”. Our IEDC is providing the mentoring and Infrastructural support for these student innovative projects. Our IEDC is arranging so many entrepreneurship programs and camps to promote technology based innovation and entrepreneurship among the students.

Vision:

To create, mentor and nurtures our technical entrepreneurs who in turn create employment opportunities.

Mission:

To create entrepreneurial culture in our institution & develop engineers for making of employments & wealth in the society.

OBJECTIVES

1. To act as an institutional mechanism for providing various services including information on all aspects of enterprise to our budding engineering entrepreneurs.

2. Encouraging women entrepreneurship in rural areas and specific effort for SC/ST & other people in rural areas.

3. To inculcate a culture of innovation driven entrepreneurship through student projects.

4. To sustain networking with entrepreneurship development institutions and industries to foster an entrepreneurial platform for budding technocrats.

5. To catalyze and promote development of technical knowledge-based enterprises and promote employment opportunities in the innovative areas.

6. To identify and promote micro entrepreneurships in rural areas in various business sectors like agri-input & output, processing, and rural services.

7. To organize inter college events and interactions to promote innovations in technology.

8. To involve faculty in showcasing their entrepreneurial skills, business acumen and hands-on experience.

ADVISORY BOARD

For the effective implementation of the programmes and setting up of the IEDC we have constituted Advisory Board. The Board helps us in laying down policy guidelines, fix up physical and financial targets, suggest measures for raising funds, effective utilization of facilities and expertise available. The members of our Advisory Board are given below.

1. Prof. J.K Joshi, Director, TAT – Head of the Institution.
2. Mr. Sujit Banerjee, Scientist ‘F, DST – Representative of NSTEDB, GOI.
3. Mr. Anand Rath, GM of DIC, BBSR – Representative of General Manager of DIC.
4. Mr. Subharnsu Acharya, DGM, SIDBI – Representatives of SIDBI, Bhubaneswar.
5. Mr. A.P Das, DGM, NABARD – Representative of NABARD, Bhubaneswar.
6. Mr. S. P. Singh, Circle Head-cum-Convener, SLBC, UCO Bank – Representative of Lead Bank, State Level, Odisha.
7. Mr. T. Som, Associate Professor, Institute of Physics – Representatives from Institute of Physics, Bhubaneswar as R&D institutions of the region.
8. Prof. B. K. Mishra, Director, IMMT – Representatives from IMMT, Bhubaneswar as R&D institutions of the region.
9. Mr. Shuvadarshi Mishra, MD, SPARC India – Member from Industry Entrepreneurs.
10. Mr. Debesh Sinha, Founder & President, ESSPL – Member from Industry Entrepreneurs.
11. Prof. Sankuntala Mohapatra, HOD, ETC – Senior faculty member from Electronics Deptt.
12. Prof. Nanigopal Das, HOD, IT – Senior faculty member from IT Deptt.
13. Mr. Santosh Kumar Sahoo, Asst. Prof, IT Dept. – Coordinator of IEDC.

IEDC Project Scrutiny Committee

We have constituted one in-house IEDC Project Scrutiny Committee. Students innovative projects are collected then the initial level scrutinize is done by the Scrutiny Committee. However scrutinized projects are then forwarded to the IEDC Advisory Committee. The Scrutiny committee is given below.

01 Prof. S. R. Biswal, HOD, CSE (Coordinator)
02 Prof. (Dr) D. N. Patnaik, Prof., EEE (Member)
03 Prof. (Dr) S. Mohapatra, HOD, ETC (Member)
04 Prof. (Dr.) S. B. Das, Prof, CSE (Member)
05 Prof. N. G. Das, HOD, IT (Member)
06 Prof. A. K. Sahoo, HOD, Mech (Member)
07 Prof. P. K. Sahoo, HOD, EEE (Member)

Entrepreneurship Events Year 2015-16

  1. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2015-16 was organized from 3rd to 5th 2016 in association with Dept of Electronics and Telecommunication Engineering.
  2. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2015-16 was organized from 21st to 23rd March 2016 in association with Dept of Mechanical Engineering.
  3. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2015-16 was organized from 29th to 31st March 2016 in association with Dept of Mechanical Engineering.

Entrepreneurship Events Year 2014-15

b)Year 2014 -15.

i. ATalk on “Innovation & Entrepreneurship” conducted by the Speaker Mr. B. S. Pani, SPAN Resources Ltd on date 15th July 2014.

ii. An Inter College Business Plan Competition was conducted on date 28
th July 2014.

iii. An Entrepreneurship Talk on “My Story Session” conducted by the Speaker Mr. Subhadarshi Mishra, MD, SPARK Pvt. Ltd., on 19th Aug. 2014.

iv. A Business Quiz was conducted on date 26th Aug. 2014.

v. A three day Entrepreneurship Awarness Camp sponsored by EDII under DST-NIMAT Project 2014-15 was conducted from 12th to 14th Sept. 2014.

vi. We have participated in the MSME EXPO Odisha-2014 held at Baliyatra Maidan, Cuttack from date 11-12-2014 to 14-12-2014. The program was for Vendor Development Program cum-Industrial Exhibition & Buyer Seller Meet. Our two incubatees have participated
showing their idea to meet the requirement of any mother plants.

vii. A three day Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 18th to 20th Dec. 2014

viii. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 9th to 11th Jan. 2015.

ix. A three days Entrepreneurship AwarnessCamp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 29th to 31st Jan. 2015.

x. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 13th to 15th Feb. 2015.

xi. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 20th to 22 nd Feb. 2015.

xii. A three days Entrepreneurship Awarness Camp (EAC) sponsored by EDII under DST-NIMAT Project 2014-15 was organized from 13th to 15th March. 2015

xiii. An IEDC Advisory Committee meeting was held on 27th Feb. 2015. The committee reviewed the progress of students’ innovative projects under IEDC Scheme. Five completed IEDC projects were presented and prototypes were shown in the board meeting. The board had appreciated such development of those projects. Again another 6 numbers new student innovative project were presented before the board and the board has recommended for implementation for the year 2015-16 under IEDC Scheme to be funded by DST, New Delhi. The board had also visited to the IED Centre and reviewed the activities undertaken by the centre on innovation and entrepreneurship development ecosystem in the campus and greatly appreciated the running of IEDC.

Entrepreneurship Events Year 2013-14

a) Year 2013 – 14.

i. A Workshop on “IDEA TO B-PLAN” was conducted by the Speaker Mr. Raj Bhat &Ms. Krithika of NEN in 8th April 2013. Students were trained on how to convert an idea to Business Plan documentation. The documentation could be used for fancial appraisal to bank or any other fancial institutions.

ii. Entrepreneurship program on “Generating an Effective Idea on Entrepreneurship” was conducted by the Speaker Mr. B. S. Pani, SPAN Resources Ltd, Bhubaneswar in 17th April 2013. The aim of this program was on how to generate an effective idea and how to make it commercially viable.

iii. ED Cell members attended an entrepreneurship talk by Dr. Gyan Parida conducted at KIIT-TBI in 22nd April 2013.

iv. Entrepreneurship program on “Marketing & Marketing Information System” was conducted by the speaker Dr. T. K. Pany, Revenshaw University, Cuttack in 23rd April 2013.

v. Entrepreneurship program on “Preliminary Business Plan Preparation” was conducted by the Mr. C. R. Patnaik, Regional Coordinator, EDII, Bhubaneswar in 1st May 2013. Business plan preparation from an effective idea was discussed. Students got training on different tbusiness tools. Students were assessed by Mr. Pattnaik to test their potential on entrepreneurship and innovative thoughts.

vi. Entrepreneurship program on “An Expert Talk” was conducted by Mr. B. B. Panigrahi, Chief Mentor of TRIDENT Group of Institutions in Sept. 2013. He delivered his talk on his journey of life on entrepreneurship and the charms of being an entrepreneur. He assigned tasks to all students to find out top 100 entreprneurs in the world, top 10 start-ups internet start-ups in the world, to 10 successful entrepreneurs in India and as well as Odisha.

vii. A three days Entrepreneurship Awarness Camp was organized supported by EDII, Ahmedabad from 20 Dec. to 22 Dec. 2013

viii. Entrepreneurship program on “Understanding Venture Capital: Why & How of it” was conducted by the speaker Mr. Tanveer Singh, Venture Capital India, New Delhi in 19th Aug. 2013.

ix. Entrepreneurship program on “My Story Session: An Expert Talk” was conducted by the speaker Mr. Devesh Sinha, ESS Pvt. Ltd., Bhubaneswar in 20th Sept. 2013.

x. Mr. Deepak Mohapatra, Asst. Prof., Dept. of Mechanical has undergone in the DST Funded Faculty Development Program on Entrepreneurship (FDPE) organized by EDII, Bhubaneswar from 22ndto 30th March 2014 at Puri.

xi. An IEDC Advisory Committee meeting was held on 22nd March 2014. The committee reviewed the progress of students’ innovative projects under IEDC Scheme. Five completed IEDC projects were presented and prototypes were shown in the board meeting. The board had appreciated such development of those projects. Again another 7 numbers new students innovative projects were presented before the board and the board has recommended for implementation for the year 201415 under IEDC Scheme funded by DST, New Delhi. The board had also visited to the IED Centre and reviewed the activities undertaken by the centre on innovation and entrepreneurship .

Entrepreneurship Events Year 2012-13

Year 2012–13.

i.A three days Entrepreneurship Awareness Camp (EAC) was organized from 26th to 28th Nov. 2012 in association with Institute of Entrepreneurship Development (IED), an MSME Institute, Odisha. More than hundreds of students were participated in the program. Sri Dibyasingh Mishra GM of DIC of Bhubaneswar, Mr. Mahendra Sahoo Sr. Faculty of IED of Odisha, Sri Kamal Sahoo FIEO of Odisha, Prof.B. B. Senapati of ASBM & Retd. Bank Officer deliver the speech on Entrepreneurship and encouraged students to be thinking entrepreneurship as an alternative career.

ii. ED Cell Student members participated in National Level Competitions like Tie Quest (30 Sept. 2012), TATA First Dot (Jan – 2013), VillGro (Mar – 2013), and so on.

iii. An IEDC Project Proposal Expert Panel review was conducted on 26th Dec. 2012. Mr. A. K. Mohanty MD of Tatwa Technology of Bhubaneswar, Dr Swaroop Mohanty from IMI New Delhi & Dr Sanjay Mohapatra from XIMB of Bhubaneswar reviewed student projects in collaboration with National Entrepreneurship Network (NEN). Students from ABIT of Cuttack were participated in the program.

iv. One of the Student Company (89innovates) ranked 11th in the top 20 Indian startups by TATA First Dot Peoples’ Choice Competition wining above 1200 votes in 12thJan.–2012

v. The 89Innovatives won the National level TATA Challenge Award at IIT Chennai from 20th to 21st Jan. 2013. Students are Amar Sharma, Bikash Patra, Asish Pratik Biswal, Tuna Sahoo, Dhiren Panigrahi, Prasanjeet Nayak and so on.

vi. Three numbers of Faculty Orientation Programs on Entrepreneurship was conducted in association withNEN in Oct, Dec-2012 & Jan -2013.
Faculty members from all the Departments were attended the talk on Entrepreneurship and how to develop the entrepreneurship ecosystem in side the campus of the college and how to mentor students for entrepreneurship and innovations.

vii. The faculty coordinator Mr. Santosh Kumar Sahoo participated a Faculty Development Program on Entrepreneurship (FDPE) organized by EDII, Bhubaneswar and supported by DST, New Delhi from 8th Jan. to 19th Jan. 2013.

viii. The faculty coordinator participated in 7th ISBA Conference at KIIT- TBI in 7thFeb. 2013.

ix. Our Faculty members were participated in the LIP (Launching Intensive) Program in association with NEN in 27th Feb. 2013.The objective of this program was

a) To develop skills that are required to design and implement innovation-driven entrepreneurship programs on campus,
b) To engage students in exploring entrepreneurial opportunities, practicing starting a venture and commercializing innovations,
c) To enable students to innovate, develop practical insights, experiences & skills to start enterprises, obtain mentoring support and incubate their ventures on campus.

x. One Expert Talk on Entrepreneurship was organized by Dr. S. Mohanty, IMI BBSR & Mr. A. K. Mohanty, CEO, Tatwa Technology in Mar. 2013. Interaction of students was on journey of an entrepreneurs.

xi. ED Cell Students members were participated at Entrepreneurship Week in the first week of March 2013 at Silicon Institute of Technology, Bhubaneswar.

xii. ED Cell Faculty Coordinator participated in the Panel Discussion of Entrepreneurship Week Silicon Institute of Technology, Bhubaneswar on the first week of March 2013.

xiii. MoU between ED Cell & National Entrepreneurship Network (NEN) on 16th Oct. 2012.