MSME Incubation Center

GMR INSTITUTE OF TECHNOLOGY is identified as Business Incubation Center under the Scheme of "Support for Entrepreneurial and Managerial Development of MSMEs through Incubators" of Ministry of MSME, Govt of India.

Center Registration Number: HIBIAP000028

Main objective of the scheme is to promote & support untapped creativity of individual and to promote adoption of latest technologies in manufacturing as well as knowledge based innovative MSMEs (ventures) that seek the validation of their ideas at the proof of concept level.

Such entrepreneurial ideas have to be fostered and developed in a supportive environment before they become attractive for venture capital. Hence the need arises for incubation centres: to promote and support untapped creativity of individual innovators and to assist them to become technology based entrepreneurs.

Objectives:

There onwards, the institute is working to support students try out their innovative ideas (processes and products) at the laboratory or workshop stage and beyond (to the extent possible) to carry forward the idea from its mere conception to ‘know how ‘and then to ‘do how’ stage. With the opportunity given to GMRIT, will enable students to come out with the best possible technology enabled ideas/products contributing to the society and to nation building at large.