Shrishankaracharya Technical Campus

Before you apply

• Check the campus contact first. The application format link on the incubator page does not currently open, so ask for the form directly.
• Write a one-page idea note covering the problem, the product or service and who pays for it.
• Be clear about whether your idea is commercially viable, since that is the stated test.

How applications work

• Submit the proposal to the Business Incubator at SSTC, Bhilai.
• The local managing committee reviews it first.
• Approved proposals go to the MSME office in New Delhi for final approval.

Contact

• Campus email: sstc@sstc.ac.in
• Toll free: 1800 547 1064

Shri Shankaracharya Technical Campus (SSTC) in Junwani, Bhilai, runs a Business Incubator (BI) that is recognised by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India. The campus describes it as the first business incubator in Chhattisgarh under the MSME scheme for entrepreneurial and managerial development of SMEs.

How the incubator works

The BI supports emerging technological and knowledge-based innovative ventures, with mentoring and facilities. Applicants submit a proposal to the incubator. A local managing committee reviews it, and once the committee approves it, the proposal goes to the MSME office in New Delhi for final approval. The committee includes experts from MSME-DI Raipur, industry associations, financial institutions, academic and R&D bodies, and successful entrepreneurs.

Who can apply

The incubator is open to any citizen of India with an innovative and commercially viable idea or product. It is not limited to students or staff of the campus.

Support

The site says support can include one or more of the following: technology fees, guidance for mentors on technology, intellectual property planning and business planning, the cost of hiring or leasing machinery, equipment or instruments, office facilities, infrastructure such as utilities, and other project costs based on need. Funding for prototype development, training and other technical support is released in stages, based on the applicant's need and on the commercialisation of the idea.

Targets and track record

The site states an aim to incubate at least 8 micro enterprises and 2 small enterprises within three years. It is a target, not a count of results. The site lists four approved ideas by name, covering areas such as a low-cost teaching kit, processed organic food, low-cost sanitary pads and a solar cow urine distiller.

Not stated on the site

The pages do not say whether an intake is open, whether the incubator takes equity, or whether it charges a fee. Ask the campus before applying.

Who runs it

The local managing committee is headed by Dr. P. B. Deshmukh, Director of SSTC Bhilai, and Dr. R. N. Patel, Professor at SSTC, is its member secretary. The campus is at Junwani, Bhilai, District Durg, Chhattisgarh 490020.