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Harnesssing Circular Economy for Sustainable Wealth Creation

Implementing Organization

National Engineering College, Kovilpatti, Tamil Nadu
Principal Investigator
Dr. K Manisekar
National Engineering College, Kovilpatti, Tamil Nadu
CO-Principal Investigator
Prof. Ganapathy Ram B
National Engineering College, Tirunelveli, Tamilnadu (627011)

Project Overview

The business proposal aims to operate a iTBI Technology business incubator in the rural part of Tamilnadu near Kovilpatti, the central hub of three Southern Tamilnadu districts. The incubator is strategically located near 50 higher educational institutions and is the epicenter for creating technology startups. The host institute and technology business incubator foster an entrepreneurial ecosystem, connecting startups with alumni entrepreneurs, investors, government agencies, and local business communities. The incubator provides a supportive environment for entrepreneurs, offering basic startup services, mentorship, business coaching, technical expertise, access to funding, IPR filing market research, and networking opportunities. The incubator also provides physical infrastructure for pilot launches, allowing startups to test and refine their business ideas in real-world conditions. The incubator is well-positioned in the local industry innovation system, providing professional services or consultation through its HI and existing incubation staff. The institute is associated with the Confederation of Indian Industries, CII Tuticorin zone, and plans to conduct several innovation event programs with them. The incubator aims to help startups convert waste into useful products through recycling, reusing, remanufacturing, and extracting energy/raw materials.
Funding Organization
Funding Organization
Department of Science and Technology (DST)
Quick Information
Area of Research
Other Areas
Focus Area
Cognitive Sciences, Entrepreneurship and Innovation, Waste Processing, Agriculture Science, Civil Engineering, Electrical Engineering, Electronics,Computers and Communication Engineering, Material Science & Engineering, Mechanical Engineering
Start Year
2024
End Year
2027
Sanction Amount
₹ 4.98 Cr
Status
Ongoing
Output
No. of Research Paper
00
Technologies (If Any)
00
No. of PhD Produced
N/A
Startup (If Any)
00
No. of Patents
Filed :00
Grant :00
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