REAP Code: 021

Entrepreneurship Development Cell (EDC)

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Entrepreneurs have always played a vital role in the progress of a nation by introducing innovations and demonstrating leadership in their domains of work and operation.

KAUTILYA’s EDC (Entrepreneurship Development Cell) is being setup with the purpose of developing individuals, across socio-economic backgrounds, who wants  to dream big, intent to make a difference, ability in them and perseverance & diligence to give shape to their thoughts and ideas. EDC plans to build a pool of next generation entrepreneurs with the solemn aim of contributing to the overall economic & social development of our great nation.

Educating, exposing, facilitating, guiding and enabling promising talent to build industrial capabilities in them to realize their dreams through the
 initiatives & programs is the core strategy of the Entrepreneurship Development Cell. We help students in becoming entrepreneur by-

  • Arranging  Periodic Interaction with Entrepreneurs & Industrialists 

  • Encouraging Innovative, Out-of-the-box Thinking  by way of Round Tables, Contests, , Workshops in the campus

  • Identifying  Entrepreneurial Opportunities by conducting Surveys to identify Outsourcing, Sub-contracting and Innovation needs of Organizations across Industry Verticals

  •  Show-casing  Our talent by way of Talent Shows, Industry & Media Contests.

  • Involving Industry Leaders to progressively build the concept of ‘Incubation’ in the campus with their involvement and using their existing programs

  • Promoting  ‘Live Project’ work in the campus, either end-to-end or in parts

  • Approaching and tie-up with Funding Institutions, Bodies, Fora, Venture Capitalists and Industry at large to mobilize and garner funds & resources required on the ground – leading to a full-fledged, mutually beneficial Institution-Industry-Partnership (IIP) model

  • Lending  Expertise, Guidance, Facilitation & Enablement on All Aspects of Setting up a Business/ Unit/ Industry covering Proper Project Conceiving, Planning, Getting Approvals, Arranging Loans & Resources, Implementation & Consolidation



Help Resources

1. In the College-
Entrepreneur Development cell –under the Guidance of Prof. BK Garg, Dean (EDCell)

2.. Department of MSME
Micro Small & Medium industry office working at every District Head Quarter under commissioner of MSME-They provide Technical & Financial help.

3. Various Industrial Development banks

4. Govt. of Rajasthan through RIICO ,RFC & other agencies.

5. Khadi and Village Industries Commission (KVIC)-
Under Prime Minister Employment Generation Programme (PMEGP)- The Scheme is implemented by Khadi and Village Industries Commission (KVIC), as the nodal agency at the National level. At the State level, the Scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks. The Government subsidy under the Scheme is routed by KVIC through the identified Banks for eventual distribution to the beneficiaries / entrepreneurs in their Bank accounts.The maximum cost of the project/unit admissible under manufacturing sector is Rs.25 lakh and under business/service sector is Rs.10 lakh. (MICRO INDUSTRY)

Categories of beneficiaries under PMEGP

Beneficiary’s contribution (of project cost)

Rate of Subsidy (of project cost)

Area (location of project/unit)

 

Urban

Rural

General Category

10%

15%

25%

Special (including SC / ST / OBC / Minorities / Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas, etc.

05%

25%

35%

 

6.Consultancy Development Centre (CDC) –
Autonomous organisation of Department of Scientific & Industrial research (DSIR), Ministry of Science and Technology, Government of India set up for promotion, development and strengthening of consultancy skills and capabilities in the country including enhancement of export of consultancy and professional services.

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