Micro, Small & Medium Enterprises (MSME)

Micro, Small & Medium Enterprises (MSME)

Mahendra Engineering College HI-BI

   Mahendra Engineering College is approved as Host Institute of MSME INCUBAOTR by the Ministry of Small and Medium Enterprises vide F. No. 3(10)/Inc/7th PMAC/2020-21 dated 06.04.2021, The Incubator status was approved during the 7th meeting of Project Monitoring & Advisory Committee (PMAC) held on 25.03.2021.

   Host Institutions (HI) can explore the new innovative ideas from the Incubatee of various sectors which may be entrepreneurs or students from the any streams.

Functions of the Incubator:

  • Open to MSMEs, Indian start-ups, Indian Companies, Students/ Developers/ Professionals/ Community members.
  • Students of 3rd & 4th year of undergraduate, graduate, post-graduates of professional courses as well as Researchers of are allowed.
  • The selected start-up company / Incubate will be hosted and seeded in the incubator for a period of 1 year, for which a part of the grant will be utilized.

Assistance from MSME for incubation scheme :

  • Financial assistance up to 15 lakhs for developing and nurturing of an idea
  • Financial assistance up to 1.00 crore for procurement and installation of Plant and Machines in BI in order to strengthen the technology related R&D activities of BI.
  • Financial assistance of up to 1.00 crore as grant-in-aid for the seed capital support to HIs/BIs for converting deserving ideas in to start-ups.

Mahendra Innovation & Incubation Council support :

  • Allow students to setup start-up while studying
  • Allow the students to use the address of Hostel (or) pre-incubation and (or) incubation unit to register their venture while studying
  • Allot mentors to support the students from innovative idea generation to startup
  • Help in market survey
  • Train the students to gain administrative skills

Constitution of Mahendra Engineering College Screening & Evaluation Committee

S. No. Expert Category
(Entrepreneur, Academician, Sector Expert, Tech. Expert….)
Name, Designation & Organization
1 Convener / HI Manager Dr.N.Viswanathan
Controller of Examinations
2 Entrepreneur Mr.S.Govindan
Managing Director,
Aqua Purification Systems, Salem
3 Sector Expert Dr.K.Pandian
Former General Manager,
Steel Authority of India Limited (SAIL),
Salem Steel Plant , Salem
4 Sector Expert Mr.S.Vinoth Kumar
Senior Manager,
Mahendra Next Wealth Pvt Ltd.
5 Financial Expert Mr. N. Baskar
Chartered Accountant, Salem
6 HI –Coordinator Dr.C.Dhavamani
Mahendra Engineering College
7 Tech. Expert Dr.K.Vidhya
Mahendra Engineering College
8 Tech. Expert Dr.D.Subramaniam
Mahendra Engineering College
9 Tech. Expert Dr.P.Umasankar
Mahendra Engineering College