The JNEC Entrepreneurship and Innovation Centre is set up to provide business support & technology transfer initiative for various sectors in the multidisciplinary areas of science, technology, and humanities in the region. The establishment of the Centre is supported by the Department of Employment and Entrepreneurship under the Ministry of Industry, Commerce and Employment (erstwhile Ministry of Labor and Human Resources) through Start-up/CSI Flagship program in 2020. The main aim is to produce successful firms that will leave the programme financially viable and independent, through Science and Technology interventions. In particular, the purpose of the JNEC-Entrepreneurship and Innovation Centre is to incubate and materialize the conceptual ideas among the students, faculty members of Jigme Namgyel Engineering College, and other relevant institutions/firms and transform these ideas into value-added products in the commercial market. JNEC-Entrepreneurship and Innovation will nurture budding ventures by providing workspace and shared facilities along with focused counseling. In the Centre, the entrepreneurs can receive value-added support and access to critical tools, information, education, networking, resources, and prototype fund in the form of research and development that may otherwise have been unaffordable. The following are the support services provided by the Entrepreneurship and Innovation Centre of Jigme Namgyel Engineering College: 1. Startup Incubation: Offer physical space and resources for students and community members to develop their startup ideas. Provide co-working spaces, meeting rooms, and access to essential office infrastructure. 2. Mentorship and Guidance: Facilitate access to experienced mentors and industry experts(pipeline) who can provide valuable guidance to aspiring entrepreneurs. 3. Business Development Workshops: Organize workshops on various aspects of business development, such as idea validation, market research, business planning, marketing, and financial management. 4. Entrepreneurship Training: Conduct training programs to equip individuals with essential entrepreneurial skills and knowledge. 5. Networking Opportunities: Organize networking events, startup meetups, and entrepreneurial forums to help students and community members connect with like-minded individuals, potential co-founders, and investors. 6. Access to Funding: Provide information and support in securing funding for startups through partnerships with investors, angel networks, venture capitalists, and government grants. 7. Legal and Administrative Support: Offer assistance with company registration, legal matters, intellectual property protection, and other administrative tasks related to starting a business consulting relevant department. 8. Market Research and Analysis: Conduct market research to help startups understand industry trends, customer needs, and potential competitors. 9. Prototype Development and Testing: Facilitate access to prototyping facilities and resources to test and validate product ideas. 10. Technology Support: Provide access to cutting-edge technology and software tools to aid in product development and innovation. 11. Industry Partnerships: Forge partnerships with local industries to offer real-world experience, internships, and collaborative projects for students and startups. 12. Innovation Challenges and Competitions: Organize innovation challenges and competitions to foster creativity and reward promising business ideas. 13. Marketing and Branding Assistance: Help startups create effective marketing strategies, build their brand identity, and establish a strong online presence. 14. Ecosystem Collaborations: Collaborate with other entrepreneurial support organizations, accelerators, and incubators to expand the reach of your services. 15. Post-Incubation Support: Offer continued support and guidance even after a startup graduate from the incubation program.
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