Trident-BI (Business Incubator) an initiative of Trident Group of Institutions, Bhubaneswar and is supported by Ministry of Micro, Small and Medium (MSME) Enterprises of Govt. of India, New Delhi.
Trident-BI aims to coordinate, synergize and leverage the various strands of excellence driving innovation and entrepreneurship in a thriving ecosystem consisting of research at the cutting edge of science and technology. Trident-BI supports members of the ecosystem including staff, students, alumni, faculty, and R&D partners, in creating successful business ventures that can translate benefits from technology and knowledge innovations to the society at large. Trident-BI is working to fulfil its mission of promoting aiding and fostering the growth of Micro, Small & Medium Enterprises (MSMEs) in the country.
- To create massive awareness and sensitize the students of the Institute and unemployed youths inside & outside the Institute on the significance of Micro, small and medium enterprises as an alternative career option & contributory towards the economic as well as overall development of the state and the nation.
- To identify, nurture and support the potential entrepreneurs and to transform them into independent self-sustaining entrepreneurs.
- To function as a main Hub of Entrepreneuerhip Promotion and Development and providing handholding support to the grassroot level organization and other institutions.
- To foster linkages between the parent institution, Industries, R&D Institutions in the region and concerned organizations engaged in promoting Small and Medium Enterprises (SMEs) including NGOs, other voluntary organizations and CSR units.
- To catalyze and promote development of S&T based enterprises and enhance employment opportunities.
- To develop a strong entrepreneurial ecosystem & to provide a platform for speedy commercialization of the research and technologies developed in the Institutes.
- To support the development, piloting and scaling-up of innovative social impact initiatives.
- To create avenues for funders to host new initiatives and to leverage a proven approach towards building new organizations.
- To patronize appropriate training programmes suitable for socio-economic culture of Odisha.
- To provide training to the entrepreneurs in skill development, technology and business management.
- To provide platform for IPR protection, Technology transfer and commercialization facility for the innovators.
- Information Technology (Internet Start-up)
- Bio-technology (Medicinal plant & herbal biotechnology, Immunology, Nutrition and Probiotics)
- Engineering Industries (Electronics, Electricals & Mechanical Engineering)
- To organize various programs on promotion of entrepreneurship like workshops, talks, seminars, and competitions in the campus.
- To conduct short-term programs on some entrepreneurial niche areas for the students of our Institute and others.
- To organsise short duration Entrepreneurial exposure and exchange programmes with NITs/IITs, and other Entrepreneuership promotion institutions of repute.
- To establish national and international tie-ups with Entrepreneurial experts, professors, Investors and donor agencies with a target to support small organizations, institutions, grassroot level NGOs to promote their Entrepreneurship drive.
- Introducing short duration certificate courses on Entrepreneuership development targeting the students and unemployed youths.
- To disseminate the in-house research and innovations to the local community for skill development training and ideas
- To organize and run annual idea exhibition
- To organise various entrepreneurship events, training programs, camps of national and international level.
- To organise and promote Investors and Innovators interfaces and meets to bridge the yawning gap between R&D and product development funding.
- To have collaborations with the local NGOs and other development organisations through training programmes, entrepreneurship camps with a target to publicize our innovations, ideas, developments among the communities as well as to create more young entrepreneurs as an alternative to reduce the rate of unemployment.
- To create a network of young entrepreneurs.
Major Outcomes
- A new trend could be set as more students are inclined towards enterprenuership activities and accepted it as an alternative carrer option.
- The entrepreneurship bent of mind of the students along with constant grooming could transform them into self-sustained entrepreneurs and gave them opportunities to utilize their knowledge, skill and potentialities.
- They could generate employement opportunities for many unemployed youths, poor people which could be contributory towards reducing the burden of unemployement and poverty.
- Various products, developments and research outputs could reach and benefit various sections of the people in the society.
- Our Institution emerged as a leading Entrepreneureship development Hub.
- Being a leading Hub of entrepreneuship it could provide guidance, assistance, training, consultancy service to other Institutions, agencies, NGOs who are working on the entrepreneurship development
Monitoring & Evaluation Mechanism
- A monitoring committee will function to do regular monitoring and assessment of various activites.
- Regular feedbacks will be taken from the students, staffs and other participants and stakeholders with an aim for further improvements.
- Regular reporting, documentation, case studies, photo reports will be done.
- Quarterly and six monthly meetings.
- Inspection and site visist by the external and internal teams.
