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Technology Business Incubation


Shri Ramdeobaba College of Engineering and Management - Technology Business Incubation
RCOEM Center for Innovation, Entrepreneurship and Incubation

RCOEM TECHNOLOGY BUSINESS INCUBATORS FOUNDATION is a flagship initiative of the RCOEM, intended to build a strong eco-system for nurturing innovation and Startups in the region that will drive sustainable economic growth and employment .
To support above objectives , a section 8 company have been incorporated by RCOEM to give momentum to innovation , entrepreneurship and incubation support related activities.

Objectives of RCOEM TBI:

  • New Venture Creation: to promote new technology/knowledge based ventures.
  • Technology Commercialization: to provide a platform for speedy Commercialization of technologies developed in the host institution or industry and R&D institution of the country.
  • Interfacing and Networking: to provide networking between academia, industry and financial institution.
  • Value Addition: to provide value added services viz. legal, financial, technical, IPR, etc. to incubate.

Ideas selected for incubation

  • Paver Blocks
  • Fall Arresting Device
  • Multipurpose Grease
  • Mobile Application Food Services
  • Milk Adulteration Detection
  • Non Evasive Blood Sugar Detection

Thrust Areas:

Following areas are identified
  • Information & Communication Technology (ICT)
  • Electrical and Electronics Products/Appliances
  • Renewable Energy
  • Manufacturing and Processing
  • Services
At RCOEM TBI Center incubatees get physical infrastructure and business support at a nominal cost. Companies benefit from the ecosystem at RCOEM. The resource centre at RCOEM –TBI provides the companies an access to data resources, experts and mentor pool. It also facilitates issue based talks and programs. Following facilities and services are provided:

Physical Infrastructure
  • Fully furnished offices
  • Personal computers, Printers
  • Telecom facilities
  • Internet connectivity

Business Support
  • Business plan assistance
  • Mentoring support
  • Access to professionals with legal, financial, accounting, IP, and industry expertise
  • Showcasing events for exhibition of products and solutions
  • Networking events to facilitate interaction with investors and industries
  • Training programmes and seminars relevant to entrepreneurs
  • Seed fund support on case-to-case basis

Advantages of Ecosystem
  • Proximity of technical and management expertise at RCOEM
  • Advantage of student talents of RCOEM
  • Library resources

Shared Resources
  • Meeting and conference rooms equipped with projectors & audio/video conferencing facilities
  • High-end photocopying, fax, scanning machines
  • Canteen facilities
  • Laboratory facilities: ,access to institute laboratories
Initiative in Entrepreneurship

Done Assessment of entrepreneurial and startup needs

Oasis: Vibrant Entrepreneurship Development Cell


Following supportive activities for  promoting innovations and entrepreneurship  are conducted throught the year in College:
  • 4 credit courses on Entrepreneurship Development in curriculum.
  • Workshops / Seminars on Entrepreneurship
  • Business Mastermind Event
  • Empower : Technology and Product Exhibition
  • Innovate Students Project Competition
  • Innoquest Business Case study presentation by Industry Persons
  • Participation at SUPRA, SAE, ROBOCON, ACCRIX, TECHFESTs Events
  • Interactions with successful Alumni Entrepreneurs and Industrial Associations
  • Professional Body Chapters IEEE, IIIE, ISTE, IWWA
  • Students Projects Collaborative work with Industries / R&D Institutes
  • WAD: 10 day Soft Skill development Workshop

RCOEM is selected as “HOST INSTITUTE” by MSME Ministry, Govt. of India, under Scheme “ Support For Entrepreneurial And Managerial Development ff SMEs Through Incubators”

Under above scheme we are planning to incubate 10 innovative product development ideas of RCOEM students. Financial support of Rs. 4 to 8 Lakhs per idea is available for idea/product/prototype development and technology commercialization.

To achieve above objective we are organizing RCOEM-TBI Product Idea Incubation Program – 2016

The program has been designed to transform an idea or a prototype into a viable product. The participants have to sustain through 3 stages that include online application, selection for a Boot Camp, and selection for the Incubation.

Year 2015 Prominent Student Start-ups

The Climber : Social Startup  [ IIM Bangalore ]
  • Youth Mentoring Initiative  (Mr. Sameer Ramesh) 
  • Selected as one of the  top 10 student run startups in India
  • Got Rs. 10 lacs equity and opportunity of incubation at IIM Bangalore
  • Selected by TATA first dot NEN for funding support

Lithos Motors : [ Pune ]
  • Technology Startup (Mr. Angad Singi )
  • Foldable Electric Mopeds  ; Clean Energy Transportation

SwitchOn Service : [ At RCOEM ]
  • Services Startup (Kapil Agrawal )
  • Electrical Repair and Fittings ; Water Purifier, Household appliances
  • repairs, Annual Maintenance Contracts

The Endeavor - Inspiring Young Waves
Toshal Patel VI Sem Computer Science
Education sector which works for the betterment of high school students from tier II & tier III cities, and helps them in career guidance, academics and personality growth by its different set of products and services.
Key product is The Endeavor Magazine – A students’ magazine, where youths from different top institutes of the country share their meaningful experiences regarding career, academics and personality - helping high school students to excel in the current education scenario and, follow their inner calling and make informed choices for tomorrow.

  • 26 institutions (High-Schools) on board for magazines
  • Conducting motivational sessions and talks for students in their schools
  • The Endeavor has impacted 10,000+ students in a period of one-and-a-half year
For any queries Contact :
Prof. Pravin Dwaramwar
Incharge III Cell

Industry Institute Interaction Cell

Phone : (91)-(712) - 2580011 ext: 5533

Mail :