RIM – Innovation & Incubation Centre
- Industry Interface
Ramaiah Innovation and Incubation Centre: Ramaiah Institute of Management supports startups through this initiative.. It enables the creation of entrepreneurs who generate and deliver value The centre nurtures ideas, mentors them to develop feasible business proposals, provides funding, and enables commercialization. A culture of entrepreneurship is developed through courses offered to students in collaboration with the National Entrepreneurship Network. An entrepreneurship specialization is also offered to aspiring entrepreneurs
Startups are provided with physical infrastructure, Wi-Fi support, library services, meeting rooms, and other resources
Faculty mentoring is provided in the following areas:
- Feasibility Studies
- Development of Business Plan and strategy
- Market Research
- Technology mentoring
- Product development mentoring
- IPR development support
The Centre is supported by Ramaiah Evolute, the first cross-disciplinary start-up ecosystem in India. Ramaiah Evolute aims to harness the synergies of tech-savvy, next-generation, and talented students across the Ramaiah Group.(https://www.ramaiah-evolute.com/)
Ramaiah Innovation and Incubation Centre at RIM provides a seed fund of Rs. 2500000 for minimum of five start-ups. The Centre has been active for several years. The following companies have been incubated since 2014.
Successful Innovation
| Sl No | Innovation Name | Theme | Lead Innovator’s Name | Innovation Development Year | Team Size | Recognition at National/International Level, If any specify |
|---|---|---|---|---|---|---|
| 1 | Suntreasure Power Solutions Pvt.Ltd. | Solar Panels Services | Mr. Dinesh Kumar | 2018 | 3 | – |
| 2 | Pal Talent Services LLP | Talent Management needs | Ms.Aishwarya Dakshinamurthy Yajaman | 2014 | 3 | – |
| 3 | Google Next | Digital Marketing and Website designers | Mr.Ujwal Reddy | 2017 | 3 | – |
| 4 | Rupeemitra | Financial Services | Mr.Nandkishore Jha | 2018 | 4 | – |
| 5 | M& S Wealth Advisors | Financial Services | Mr.Mahesh | 2019 | 1 | – |
Successful Start –ups
| Sl No. | Start UP Name | Founder’s Name | Startup Registration year | CIN No./GST No. | Registered as LLP,RP | Team Size | Recognition |
|---|---|---|---|---|---|---|---|
| 1 | Rupee Mitra | Mr.NandaKishore Jha | 2019 | 29AJPPN9668M1ZV | Sole Proprietorship | 2 | – |
