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JECRC Incubation Centre & JU Entrepreneurship Cell

JECRC Incubation Centre & JU Entrepreneurship Cell

JECRC Incubation Center (JIC):-

JIC assists start-ups with converting their early-stage companies into highly scalable, commercially viable businesses. JIC envisions fostering an entrepreneur-friendly culture around academics & research.  

JECRC Foundation with 150+ alumni start-ups and presently 25+ incubated start-ups launched its JECRC Incubation Center which was inaugurated by Mr. Avnish Sabharwal, Managing Director, Accenture Ventures & Open Innovation and Shri Amit Agarwal, Vice Chairperson, JECRC University on 28th Feb, 2020.  On the same day, the “Start-up Policy” of JECRC Incubation Center was also launched. JECRC Foundation is the first institute in the state of Rajasthan that has well defined start up policy of its own for the students who want to do start-ups.

Key feature of policy are:-

 1.  Availability of seed fund for students to do pilots programs for customer validations

2.   Setting up of world-class incubation center and co-working space

3.   Access to mentor network, investor’s network and industries network

4.   Special provisions like scholarships and seed money for women entrepreneurs

Recently our four incubated start-ups also received their seed money cheque of Rs. 50,000 /- by JECRC Incubation Center. These 4 status are Jaivik (Agritech), EdApply (EduTech), Accilive (Mobile-App) and The Adventure Bag Club (Travel and Tourism)

1. Javik:
Founder: Aman Singhal (B.Tech CSE ,3rd Year)
Co-Founder: Rishabh Agarwal (B.Tech CSE, 3rd Yr)

2. Accilives:
Founder: Mukul Gautam (B.Tech CSE ,2nd Year)
Co-Founder: Arjun Biju (BCA, 1st Year)

3. The Adventure Bag Club: 
Founder: Shobhit Gupta (BBA.LLB(H) , 3rd Year)

4. Ed Apply: 
Founder: Keshav Jangid (B.Tech CSE, 3rd Year)

5. Rightway: 
Founder: Rajat Gulati (B.Tech CSE, 3rd Year)

6. WedVyah:
Founder : Deepak Chuppa ( B.Tech CSE , 3rd Year)

7. Zapve:
Founder : Piyush Mantri ( B.Tech CSE , 3rd Year)

8. Pixamentory:
Founder : Himanshu Sharma (B.Tech CSE , 3rd Year)

9. Dhobi Ghat:
Founder : Prayas Sharma (B.Tech CSE , 3rd Year)

10. The Hobbie Da:

Drawing inspiration and direction from the Honourable Prime Minister’s clarion call for establishing a New India by 2022, our mission is to achieve excellency in quantitative and qualitative growth of education system by focusing on self-employment through sheer emphasis on innovation, skills and entrepreneurship among students and faculty.

JECRC University is currently working with the motive to promoting student driven innovation and start-ups to strengthen the innovation and entrepreneurial ecosystem in the campus. To nurture student entrepreneurs, we have established JECRC Incubation Centre that assists start-ups with converting their early-stage companies into highly scalable, commercially viable businesses. JECRC Incubation Centre envisions fostering an entrepreneur-friendly culture around academics & research.

We are currently running our Acceleration Program with the student start-ups, who are being mentored and evaluated from time to time. The JECRC Foundation has funded them and also allocate the co-working space with the existing support.

Process:-

To help the start-ups get incubated in JECRC University, we call applications from the students by circulating an application link and shortlisting the applications on the basis of their problem statements, solutions and methodology presented to panel. To get incubated, both the parties sign a MOU which includes the facilities provided by incubator along with exit strategy for the start-ups. 

Acceleration Program:-

  • Knowledge Sessions- We conduct knowledge sessions, workshops by experts, one on one mentoring and pitching training. Also, we invite successful entrepreneurs  who share their stories towards success and guide the student entrepreneurs to overcome all the challenges faced by a Startup.

  • Networking opportunities- Access the network and ecosystem from day one to accelerate your idea.

  • Financial Support- JECRC University supports innovations through funding during initial stage and pre-incubation.

  • External Diagnostic Panel for Seed Funding  To shortlist start-ups for the seed funding, an external diagnostic panel for pitch deck session was conducted and the diagnostic panel consisted of Sh. Abhishek Soni (Co-Founder, Tax2Win) & Sh. Sharad Bansal (CEO, Tinkerly). Four Start-ups qualified for the initial Seed Support of 50,000.

  • Physical infrastructure (Co-workings)– Incubated Start-ups are given access to fully functional and resourceful Co-Working Space in the Incubation Centre 24*7.

Interaction with Domain Experts:

a)      Shri. Anil Khaitan Chairman, Assocham.

b)     Mr. Pranay Mathur, Founder & CEO, WeDig Tech Solutions Pvt. Ltd.

c)      Mr. Anil Sharma, Head, TCS, DisQ.

d)     Dr. Jagat Shah, Founder, Vibrant Market.

e)      Mr. Manish Johari, Sr. Vice President, Lead Angels.

f)       Mr. Salil Seth, Manager@ StartUp India.

g)      Mr. Amit Mishra, Founder, ID8VC.

h)     Shri Mahavir Sharma, Chairman, TiE Global Board of Trustees & Co-Founder, Rajasthan Angel Investor Network.

JU Entrepreneurship Cell:-

  • We have active Entrepreneurship Cell of Students, which is a non-profit organisation run by students only. 30 Students have formed a core team under the supervision of faculty members. Currently we have 250+ active student members in JU E-Cell. 

  • JU E-Cell helps to identify pool of students who have urge to become an Entrepreneur. They conduct various events to aware and sensitize the students in the campus.

List of Events Conducted by JU E-Cell:-

  • Ideathon – Ideathon is organized every year in JECRC University and its 4th edition was organized in November in 2019, in which participants are given problem statements and they are asked to find a solution in terms of a business plan.

  • E-Summit – E-Summit is organized every year in JERC University and the 4th edition was organized recently in March 2019, where a series of events are conducted in a span of 3 days to identify the best talent from the pool.

  • Protsahan - Our Students are contributing in promoting Entrepreneurship ecosystem in school students. For the same they conduct protsahan every year where 80+ schools from Jaipur and nearby area participate. We invite experts to give a session to those young minds on Entrepreneurship.

Entrepreneurship Cell participates in the following events organized in different campuses:

  • NEC, IIT Bombay – IIT Bombay organizes National Entrepreneurship Challenge every year to host a summit of bright minded Entrepreneurs and in the recent Edition, in 2019, JU E-Cell secured the first position in the challenge.

  • TiE SmashUp-organised by TiE Rajasthan every year to provide a platform to young entrepreneurs in the state of Rajasthan. Our 40+ students volunteer the event in 2019.

  • TiE Global Summit- organised by TiE Global. TiE is working with a motive to encourage young budding entrepreneurs and provide them a platform of Networking opportunities. Our four shortlisted Startups represented JECRC University in this Event.

  • Rajasthan Startup Innovation & Startup Expo- Organised by iStart, GoR. More than 5 Start-ups from JECRC University and JECRC College participated in this event and interacted with Chief Minister of Rajasthan.