Preincubaiton Program to transform Students to
Entrepreneurs
@ Atal Incubation Centre
–Sri Krishnadevaraya University
Vanthena is a flagship preincubation
program of Atal Incubation Centre –Sri Krishnadevaraya University(AIC-SKU) that
nurtures student innovators to entrepreneurs, started from 28thFebruary
2023 to 10th March 2023. This program helps students to turn theirinnovative
ideas into business ventures. As part of this program, 8 student teams from
three colleges namely Mallareddy College of Engineering and Technology,
Hyderabad; Bapatla Engineering College, Bapatla and SriVenkateshwara Degree and
PG College, Anantapur participated.
The program is designed to equip students with the
knowledge and skills needed to turn their innovative ideas into businesses. The
bridging program lasts for one hundred days out of which two weeks (Vanthena) were
organized by AIC-SKU by the experts from various fields at the Atal Incubation
Centre Sri Krishnadevaraya University. It includes workshopsand mentoring
sessions were organised by experts on Financial and Business Modelling, How to
identify IPRs?, linking student innovations to Sustainable Development Goals
for sustainable businesses, Branding and marketing of startups and their
products, Team Building and management, Market Validation, Go to Market
Strategy & Marketing strategies etc.. At the end of this program 8 student
groups exchanged Preincubation Agreement with Atal Incubation Centre and
committed to become new age entrepreneurs with their innovations. AIC-SKU will
assist the student teams in mentoring, prototyping, business modelling and
various other aspects for three months and reviewing the progress of the
students there after AIC-SKU will offer 24 months incubation support to the
students. Prof. Nagabhushanam Raju, Executive Director, AIC-SKU ; Dr. Shiva
Kiran, CEO, AIC-SKU; Dr. Chandra Mouli, Incubation Manager, AIC-SKU and startup
ecosystem enablers from Bangalore, Hyderabad participated and provided their
valuable insights in this program.
About AIC – SKU Confederation
AIC-SKU Confederation is an Atal Incubation Centre (AIC)
at Sri Krishnadevaraya University (SKU) supported by Atal Innovation Mission,
NITI Aayog, Govt. of India and AP Innovation Society, Govt. of Andhra Pradesh.
It is a Special Purpose Vehicle registered as a Not for Profit Section-8
Company (as per the Govt. of India Companies Act 2013).We create and inculcate
entrepreneurial spirit in the community ecosystem and groom start-ups and
emerging businesses in the sectors of agriculture, food processing, circular
economy, renewable energy & IT which lead to job creation. Our goal
includes the promotion of startups through focus based incubator, innovation
and creating a startup ecosystem, emerging technology transfer for the success
of businesses and job creation & economic development.