Education is aimed at developing career ready students. Establishing and developing own business is a dream of many engineering students. To successfully run the business activities an entrepreneur or entrepreneurs has to have qualities to improve, innovate, and invent. To facilitate improvisation, innovation and invention the Institution has created an ecosystem for creation and transfer of knowledge. Various committees functioning in the institute act as partners in development of ecosystem.
The ecosystem developed in the KBPCOES provides a conducive atmosphere, necessary for acquiring skills to
Although in informal manner, the activities carried out over number of years has resulted in many alumni establishing their own successful businesses, considering the need of formal support, Rayat Shikshan Sanstha, the parent trust of Karmaveer Bhaurao Patil College of Engineering, in partnership with Tata Technologies and Science and Technology Park has established Yashwantrao Chavan Centre for Invention, Innovation and Incubation (CIII). The total investment is more than Rs. 200 million. CIII is an initiative to create Entrepreneurs and Industry ready resources by helping innovators to
CIII has Technology and R&D centre, Exploration centre, Advanced Manufacturing Centre, Co-working space, Incubation centre and Mentorship programme. It provides mentorship from industry experts by leveraging advanced tools related to product design and development. Centre has the necessary facilities like setups to experiment with advanced automobiles, commercial robot, commercial software and hardware required for design and analysis, 3D scanner, 3D printer, VMC; which will help build prototype and for batch production.
As a part of this important initiative, Institution has build partnership with ecosystem players by having close association with industries and entrepreneurs. Institution has signed MOU with regional communities like manufacturing association, builders association, and individual organizations.
Thus budding engineers from institutions have been targeted and motivated to start own business. Ongoing activities will result in startups registering with incubation centre and continuing their development of product. Hopefully these will come out with successful product, mature with the time and convert in successful business.