Micro, Small & Medium Enterprises (MSME)

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