Field Visit to Business Incubator- FORGE FACTORY-COIMBATORE”
To convert student’s innovative ideas in to prototypes JIT-IIC oragnizes a filed visit to the Forge Factory, Coimbatore, for 30 students and 2 faculty members. The students are from various departments they are participated in Ideathon contests conducted at department level. Dr.M.M. Matheswaran and Dr. P Gowtham are co-ordinated visit for the students and make the necessary arrangements.
About the Forge Incubation Enterprise
FORGE is the incubation enterprise launched by the Coimbatore Innovation & Business Incubator (CIBI), founded with the vision to create & catalyse innovation powered enterprises that harness the power at the intersection of hardware, software, and computing technologies to solve real-world problems, creating economic gains and delivering social impact. FORGE.FACTORY – the 20,000 sq.ft incubator established in Coimbatore, includes Junction – the fully integrated lab for full-spectrum hardware innovation offering equipment, tools, and resources in computing (AI/ML), IoT, electronics, desktop fabrication, 3D printing, drones, and automation & robotics, to support the design, development, and testing of ‘manufacturing’ ready prototypes.
FORGE offers holistic incubation services covering innovation labs, incubation grant, acceleration, and seed capital investment to transform innovative ideas into successful enterprises with potential for growth, impacts and profits. FORGE has achieved steady and significant progress in our vision to become a 360D Incubation Enterprise, built on the 3 pillars of our strategy and operations – value creation & delivery, revenue generation, and self-sustainable growth.
Founded on this principle is its strategy to build a portfolio of programs to offer a comprehensive suite of services throughout the startup lifecycle from ideas to enterprises. Thery have adopted a 3-stage process for accelerating innovative ideas into enterprises, FORGE.FELLOWS – a pre-incubation program modelled in the form of an innovation/startup fellowship, followed by FORGE.FIRST – an incubation program aimed at fast-tracking product launch in the market and enterprise creation, and culminating in FORGE.FAST – a seed investment and business accelerator program.
On the day of visit Mr. Deepak Nirmal, Program Manager and Mr.C. Jerome Technical Lead of Forge Factory co-ordinated us and explain the working culture of the company.Mr.C.Jerome explained and organize the visit for various facilities available in Forge including labs and prototyping space. Further, they were introduced to the innovation process using Forge Innovation Handbook. It sparked the young minds of final & pre-final year students to identify whether the problem they are working on, is worth solving.