News And Events

Launch of ISVEC Innovation Circle

On 13-07-2019, ISVEC Innovation Circle was launched by Prof. Abhay Karandikar, Director IIT Kanpur and the Chairman of the Governing Council of IASST, as part of “Entrepreneurship Development Program” of IASST.   In his inaugural speech, Prof. Karandikar encouraged the students for getting into innovation driven entrepreneurship. He narrated about his experience in developing the SINE incubation center of IIT Mumbai, and his present association with the incubation center of IIT Kanpur. Prof. Karandikar also narrated about his own successful entrepreneurial venture of innovating and commercialisation of an electronic device.…

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Director, North East Council in National Entreprepeurship Day2018 at IASST
News And Events

National Entrepreneurship Day 2018

On 9th November 2018, ISVEC- IASST initiated celebration of National Entrepreneurship Day in collaboration with Assam institute of Management (AIM), at the auditorium of IASST, Guwahati. The event was attended by around 100 people including entrepreneurs, students, faculty members, scientists, researchers and senior officials of MSME tool room. The students of Assam Institute of Management, under Guidance of Dr. Karabi Goswami, Asst.Prof, AIM and Dr. Mreeshi Agarwala, Asst. Prof., AIM also played very active role in organising and conducting this event. The event was inaugurated with lighting of the lamp by…

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MoU Signed with AIM
News And Events

MoU signed with Assam Institute of Management

In order to develop entrepreneurial ecosystem, ISVEC initiated a Memorandum of Undersatnding (MOU) between IASST and the Assam Institute of Management.AIM, is a premier management institute of north-eastern India, under the government of Assam. AIM has around three decades of experience in management education, research and management consultancy. The MoU between IASST and AIM adds considerable depth to ISVEC, for its activities related with technology commercialisation and start-up incubation. On 27th September 2018, the MoU was signed by Dr. N.C. Talukdar, Director, IASST and Prof. Mukulesh Barua, Director, AIM on…

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Blog

What comes first – idea or team

By Balram Nair, Vice President, Chennai Angels- What is a start-up – A start-up is an idea in search of a business model. I would say, to start with an Idea is the most important. It is difficult to seclude the other pillars that make a startup successful as they are as important. All said having a team without the idea is like having a factory with employees and not knowing what to manufacture. The idea is the spark that ignites a solution to a problem and if this problem…

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Blog

What is Credit Linked Back Ended Subsidy

Credit Linked Back-Ended Subsidy (CLBES) is a very convenient way of providing subsidies by governments to the beneficiaries, under various schemes. The beneficiary has to avail loan from the Nationalized Banks /Financial Institution (FI) such as NABARD, IDBI, SIDBI, ICICI, State Financial Corporations, State Industrial Development Corporations, NBFCs, NEDFI, NationalSCST/minorities/ Backward- Classes Financial and Development Corporation, other designated loaning institutions of the State / UTs, Commercial/ Cooperative Banks, etc. Concerned banks/ State FIs may adhere to their own appraisal norms while sanctioning projects under the govt schemes. The appraisal note…

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News And Events

Launch of Technology Start-Up Scheme

Research is mostly a focused activity within a domain, while entrepreneurship requires knowledge of a wide spectrum of domains. This is one of the reasons why the research oriented people from science background seldom chose to create their own start-ups, despite of tremendous govt support for the innovation based start-ups. To break this barrier, ISVEC launched a unique Start-Up program for the researchers at IASST. Under this program, the researchers are being encouraged to  pick up any  abandoned technology at laboratories, and develop them further for commercialisation. Subsequently, their start-up…

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Balram Nair, Chennai Angels
News And Events

Visit by the VP, Chennai Angels

ISVEC organised an interactive session by Mr. Balram Nair, Vice President, Chennai Angels, on “Raising Start-Up Capital through Angel Funding”, at the auditorium of IASST. Along with the scientists and researchers of IASST, the session was also attended by 30 students from MSME Tool Room. It was a lively interaction between the audience and the expert, with multiple examples and anecdotes of angel investment. Mr. Nair explained the mechanism of angel investment. He emphasized that more than the idea, the investors look at the competence, commitment and the mentor-ability of…

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