About Rayat CIII concept
The Rayat CIII (Center for Invention, Innovation and Incubation) has been setup by Rayat Shikshan Sanstha, an Indian educational organisation founded by Karmveer Bhaurao Patil in partnership with Science and Technology Park University of Pune (Scitech Park), a leading technology business incubator supported by Department of Science and Technology, Government of India and Tata Technologies Ltd, a well-known global engineering service provider, with a multi-pronged approach for developing an entrepreneurial ecosystem through ‘Skill Training’, ‘Employment Enhancement’, Research & Development’, ‘Innovation’ and ‘Incubation’ in an ultramodern state of the art facility.
Objectives of CIII
- – Help innovators to develop new products
- – Promote technology start-ups
- – Provide high end industrial training to increase chances of good quality jobs
- – Provide co-working space for young entrepreneurs for promotion of start-ups
- – Provide strong mentorship to those who want to invent new products, services and processes and to those who want to set up their own companies
- – Provide support for IPR and technology management – patents, copyrights, design registration, etc. and its commercialization.
- – Create mechanism for access to risk capital to start-ups like Seed Funding, Angel Investment
Initiatives undertaken at the above Centers includes:
Skill Training Programs
Aims to offer employable persons (ITI/Diploma/Graduates/ Engineers) advanced training in automotive domain, advanced manufacturing, prototyping and use of world-leading design and engineering software. The programs are also designed for re-skilling or up-skilling existing employees of local industries and SMEs. Moreover, local industries can use the skilling programs as gateways for internships and staff induction, thus minimising the training effort required for inducting fresh recruits. Among the short terms training courses planned includes Product Design and Development for B.Tech / M. Tech., Advanced Automobile Engineering for B.Tech / M. Tech., Part Modelling & Drawing for B.Sc., B.Com., B.A. Graduates, Essentials Of Product Development for B.Sc., B.Com., B.A. Graduates, CAD Engineering for ITI / Diploma holders and Fundamentals of Automobile for ITI / Diploma holders.
Innovation and R&D:
A platform not just for new innovators and start-up companies, but also for local industries and SMEs to extend their R&D activities, thereby whereby reducing heir cost and space requirements for undertaking R&D activities and to overcome their business challenges. In the process the centre becomes a shared R&D facility for local industries and enables them to develop new products and service offerings in the market and undertake internal innovation and R&D initiatives through the centre.
Incubator Cell:
Set with an aim to support young innovators and businesses in order to enable them to thrive. The services offered through the incubation program will include industry and business mentoring, basic business planning and operating services, co-working workplace, meeting areas, demonstration and event space, access to funding opportunities, marketing support, business acceleration support and linkages to key economic agencies, government bodies and private enterprises. The incubation program will essentially strive to take enterprises from idea stage to market to thriving businesses.