Micro, Small & Medium Enterprises (MSME)
Objective
- To promote emerging technological and knowledge based innovative ventures that seek the nurturing of ideas from professionals.
- To promote and support untapped creativity of individual innovators and also to assist Individual innovators to become technology based entrepreneurs.
- To promote networking and forging of linkages with other constituents of the innovation chain for commercialization of their developments.
Salient Features
- Under this scheme Government of India is providing opportunity to the innovators in developing and nurturing their new innovative ideas for the production of new innovative products which can be sent in to the market for commercialization. This Ministry has been implementing this scheme since 2008 under the approved guidelines which permits the Govt. GoI financial assistance of 75 % to 85 % of the project cost up to the maximum of 8.00 Lakh. This fund is routed through the Business Incubator (BIs).
- Mahendra Engineering College (Autonomous) was approved by MSME as the Technology Business incubation Center/ Host Institutions (HI) in the year of 2016.
- Host Institutions (H)I are exploring the new innovative ideas from the Incubatee of various sectors that may be existing and prospective entrepreneurs. Even the students from the various streams are also participating in nurturing their new ideas through the Host Institutions as a part of their studies and carrier building.
Activity
Project Applied in the year of 2016-2017
| S.No | Name and Title | Project(Rs. in lakhs) |
|---|---|---|
| 1 | Ms. Sivabakkiyam P Ph:9095660212 Design and Fabrication of Automatic Poultry |
Rs 6.82 Lakh |
| 2 | V. Jayakumar Ph.9447729444 A soft Wearable Gadget Called Physio-Fast Heal |
Rs 7.13 Lakh |
| 3 | Mn. Rahul suruanan. Ph: 8129222ffi4 Well Equipped Portable and Odorless Biogas plant in aerobic process |
Rs 6.68 Lakh |
| 4 | Mr. R.Gunasekaran Miniature scale industrial ash |
Rs 6.91 Lakh |
| 5 | Mr.K.Gunaseelan,S.Jaiganesh Ph:8682836985, 9047075833 Design and fabrication of sew-seed dibbler |
Rs 6.98 Lakh |
| 6 | Mr. A.Velusasrly Ph 9443224477 Desrgn and Fabrication of Eco Friendly Tile Making Machine |
Rs 7.14 Lakh |
| 7 | Dr. P.Thiyagarajan Ph: +91 9952827700 Development of Laccase Enzyme based Water Purifier and Detergent Enhancer |
Rs 6.63 lakh |
| 8 | Mr.S.M.Imam. Ph: 9488779501 Preparation of Chemical Solvent for Fire Retardant Garment |
Rs 6.85 lakh |
| 9 | Mr. Sakthivel Ph: 9047556168 Fabrication of Self lubricated Tungsten Carbide Inserts |
Rs 7.13 lakh |
| 10 | Mr. S.Karthik Raj Ph: +91 95009 29029 Design and Manufacturing of paper carry bag machine |
Rs 7.05 lakh |
Financial Approved from MSME in Year of 2017-18
| S.No | Name and Title | Project(Rs. in lakhs) | AmountSanctioned(Rs. in lakhs) | lnfrastructure & Training for college |
|---|---|---|---|---|
| 1 | Ms. Sivabakkiyam P Ph:9095660212 Design and Fabrication of Automatic Poultry |
Rs 6.82 Lakh | Rs 2.0 lakh | Rs. 2.268 lakh |
| 2 | V. Jayakumar Ph.9447729444 A soft Wearable Gadget Called Physio-Fast Heal |
Rs 7.13 Lakh | Rs 4.5 lakh | |
| 3 | Mn. Rahul suruanan Ph: 8129222ffi4 Well Equipped Portable and Odorless Biogas plant in aerobic process |
Rs 6.68 Lakh | Rs 2.5 lakh | |
| 4 | Mr. R.Gunasekaran Miniature scale industrial ash |
Rs 6.91 Lakh | Rs 3.00 Lakh | |
| 5 | Mr.K.Gunaseelan,S.Jaiganesh Ph:8682836985, 9047075833 Design and fabrication of sew-seed dibbler |
Rs 6.98 Lakh | Rs 3.00 Lakh | |
| 6 | Mr. A.Velusasrly Ph 9443224477 Desrgn and Fabrication of Eco Friendly Tile Making Machine |
Rs 7.14 Lakh | Rs 3.00 Lakh | |
| 7 | Dr. P.Thiyagarajan Ph: +91 9952827700 Development of Laccase Enzyme based Water Purifier and Detergent Enhancer |
Rs 6.63 lakh | Rs 5.6355 Lakh | Rs 0.378 lakh |
| Total | Rs 48.29 lakh | Rs 23.635 lakh | Rs 2.646lakh | |