Centre for Innovation Incubation and Entrepreneurship
About us
Centre for Innovation Incubation and Entrepreneurship (CIIE) commenced operations in 2022 with active guidance from the Jansons Foundation and JIT in order to establish a regional entrepreneurial ecosystem. The incubator has a designated area of 10,000 square feet to encourage new businesses and start-ups. The incubator’s exclusive focus was on supporting businesses developing new products to achieve the Sustainable Development Goals (SDG). This has resulted in the development of five ventures that aim to become DPIIT- recognized start-ups. The ventures have innovative technologies of potential importance to the industry and society. Additionally, CIIE helps JIT students transform their creative and novel ideas into viable business propositions by supporting them to attain the required Technology readiness level (TRL), Manufacturing readiness level (MRL), and Investment readiness level (IRL). CIIE capitalizes on JIT’s many notable assets, such as its cutting-edge research facilities, pre-incubation units, intellectual property rights services, and innovation ambassadors.
Vision
To germinate and promote a unique brand of entrepreneurs who will be change agents in the field of innovation-based entrepreneurship.
Mission
To encourage entrepreneurial and innovative spirit among students and other aspirants for the successful creation of new enterprises and the creation of employment in new domains that are compatible with the region’s unique opportunities.
Indexing of Innovations
Technology Readiness Level
TRL 1 to 9
Manufacturing Readiness Level (MRL)
MRL 1-10
Investment Readiness Level
Idea - Template
Ideas should be TRL of 1 to 3
Prototype Template
The Ideas should be at Technological Readiness Level TRL - 4 to9 Manufacturing Readiness Level (MRL): MRL 1 to 5 Investment Readiness Level(IRL): IRL 1 to 5
Business model-Template
Startups and ventures who are in business model stage require capital to move on to next stage of business