CENTRE FOR INNOVATION AND ENTREPRENEURSHIP (C-FIE)

(Manufacturing Entrepreneurs Factory)

Approved by Ministry of MSME, Government of India.

Spokes College at Madurai Hub of EDII, Government of Tamilnadu.

Incubation Cell

PSYEC has set up its Incubation Centre in at its campus. With an area of 2500 square feet. PSYEC Incubation Centre offers excellent support infrastructure including wifi, office back up, Conference facilities, auditorium and ample parking. In India, incubation is a fairly new phenomenon. The main focus is to serve as a platform which acts as an enabler in the promotion and commercialization of viable ideas of the budding entrepreneurs. Entrepreneurship is the best enabler for economic and social growth. Entrepreneurial engagement and support is extremely important, especially during the startup phase, so as to reduce the chances of failure and steer growth in the right direction. PSYEC will support new entrepreneurs by providing them with a platform where they get the necessary support to build up initial base for a new business. The resources offered will address key issues of a new startup, networking within the community, accessing the initial capital, guidance on going to market, and navigation within the legal framework. Networking support will also be made available to help establish contact with angel Investors, entrepreneurial mentors, and develop an effective support mechanism. Students at PSYEC campus will have an excellent opportunity to interact with Entrepreneurs in Residence's and get to the learn the hard core basics of business and entrepreneurship.

How to Apply?

Currently we invite applications throughout the year from founders who have an idea and are passionate enough to pursue that idea to the market. Instead of submitting the business plan or pitching the venture to us, you just need to fill the application form in order to apply with us.