CIBIE

Centre for Innovation, Business Incubation and Entrepreneurship

"Transforming Idea into Business Venture"

Centre for Innovation Business Incubation and Entrepreneurship was established in the year 2015 with an objective to inculcate innovation driven entrepreneurship among engineering students. Once the students enter into their second year, a questionnaire is administered to discover the career aspirations of the students. This enables CIBIE to identify the students with the interest to become an employer rather than an employee.

CIBIE at regular interval brings successful entrepreneurs to share their experience with the identified students of 2nd, 3rd and Final year to create an awareness. Conduct Idea Pitching Contest among students to come out with innovation based Start-up Ideas that solves an important problem. Students with best ideas are mentored and encouraged to establish a team to transform their ideas to prototype. On successful completion of prototype they become an incubatee at CIBIE.

CIBIE offers common facility to the incubatees such as; Work Space, Conference Room, IT infrastructure and power. The incubatees are also mentored to refine their ideas through validation. The abstract of their ideas are shared with Entrepreneurship Development Forums such as TNSI, Forge Accelerator, Startup Payanam. This gives the students an opportunity to attend 2-3 day workshop on Idea Pitching and Bootcamp and finetune their skills to become a thorough professional.

The incubatees nurtured currently are: Mash Technology, Seyonn Digitals, Chef Lab, Ibevy Forte, and E. C. Retail. Apart from the above CIBIE has also mentored two students to establish a restaurant Aalayam and a snack bar The Chat Affair inside the campus. The ecosystem created by CIBIE is also paving way for students in the campus to join the Start-up as interns, which kindles their hidden entrepreneurial passion.

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1. Mash Technologies: This is started by Mr. S. Vignesh, an alumnus and Computer Science graduate from 2015. This is a software company that offers services and develops software products. The company is operating with a team of 5 members in the incubation Centre.

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2. The Chat Affair: This is founded by Mr. S. Ramachandran, Mr. G. Karvendhan, and Mr. K. Sathish Kanna, final year students (2017-18) of IT Department. The Chat Affair is a snack bar that is in pursuit of serving different types of snacks that may not be available in the local market.

3. iBevy Forte Pvt Ltd: Final year students of IT Department (2017-18) viz: Mr. Harshavardhan Maran, Ms. Nikitha Kannan, and Mr. Narendran Ilango joined together to start this software development company. Their achievements are within the first six months of their genesis they have generated revenue, bagged a government project and won first place in TNSI 2017 innovation contest.

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4. E. C. Retail: Mr. Jeevanandhan, a seasoned entrepreneur has established this company in the incubation centre. This is a software product development company that serves the retail industry. This was started in September 2017.

5. Seyonn Digital Pvt Ltd: This is an innovative company that has come up with an app to support farmers in their crop cultivation and selling of produce. This app primarily empowers the farmers to be independent. The company was started by M/s Krishnaraj and Ashok Kumar.

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6. Chef Labs: This is the youngest member of CIBIE. Mr. S. Yoginth and Mr. R. Dhivyananthan, CSE II year students are a passionate duo who are working on a software product and have a dozen of innovative ideas.

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