NAIN is an Entrepreneurship Development Program launched under the startup policy-2015. It focuses on creating an ecosystem to promote innovation and entrepreneurship in Karnataka. Under this scheme K-tech innovation Hubs are established in various districts of Karnataka which are fully funded by government of Karnataka. The students studying in different disciplines are motivated by project funding and mentoring to set up their own start-ups for self -employment.
The Government of Karnataka, Department of IT, BT, and S&T has sanctioned NAIN centre at Sharnbasva University of engineering and Technology, Kalaburgi, based on the infrastructure facilities available and other Research and Innovation activities conducted by the college.
The centre shall focus on igniting the young minds and provide the necessary infrastructure and mentoring to take the concepts of the students from idea to POC stage and then give them the necessary guidance and provide the platform to become successful entrepreneurs.
Under the New Age Incubation Network, students are encouraged to identify local problems and address those using concepts of frugal innovation, and to develop appropriate technology-based solutions and working prototypes. Sharnbasva University NAIN centre shall provide mentors assigned to the students to help them to formulate a business model based on this new technology and encourage them to think like entrepreneurs. The projects which get shortlisted shall receive a funding of Rs. 3 lakhs for the development of the POC. For each of the project, there shall be a faculty from the concerned department and an industry expert to guide the students in developing the prototype and making the product commercially viable. The University has incubation center spanning over 2500 sq.ft. The Center has air-conditioned working spaces, Meeting rooms and high-speed internet connectivity with the best configured computers. The center has mentors from Industry as well as successful local entrepreneurs on-board. The Center extends technical, management and legal support to the young entrepreneurs who are willing to take-off.
The main
objective is to encourage students, research scholars and alumni
to share their ideas to solve chosen problems which are local
centric and to validate, Refine and Nurture ideas.
Incubation center shall provide an
ecosystem to convert ideas into proofs of concept and upgrade
them to a level of commercial value.
After successful incubation, encourage
and lead the teams towards setting up a business enterprise.
The department has established training placements and research labs such as Embedded Systems Lab, IOT Lab, VLSI Lab with the latest technical tools for encouraging students and research scholars in updating their knowledge on the latest technology.
To bridge the gap between industry and institute, the students are exposed to various professional activities like invited talks by industry experts, inter collegiate workshops/ conferences. The department conducts Technical Symposium’s and National level Project Symposium’s evaluated by Industry experts from Industry and Alumni on a regular basis. The students are given technical training on industry requirements for quality internship and placement. The students are placed in several reputed MNC’s like Samsung Semiconductor, Ampere, Cadence, Broadcom, Nvidia, Analog Devices, Xilinx, Tech-Mahindra, Cognizant, TCS, CISCO, DRDO, GE, Seimens etc.