Introduction
In the era of rapid technological change and the 'Startup India' movement, KPIIC aims to act as a platform for students & faculty to convert ideas into prototypes and ventures with mentorship and industry guidance.
“To nurture innovative ideas and entrepreneurial spirit among diploma students.”
A supportive ecosystem for prototype & product development, mentorship and industry collaboration.
Karmayogi Innovation Challenge – 2026Objectives
- Develop problem-solving & design-thinking culture.
- Promote innovation, creativity and entrepreneurship among diploma students.
- Support conversion of ideas into prototypes & startups.
- Facilitate industry–institute collaboration for mentoring & funding.
Infrastructure
Proposed facilities include an Innovation Lab (500–1000 sq.ft), PCs & tools, 3D printer (if possible), meeting room and display area for prototypes.
Organisational Structure
Chairman: Principal; Coordinator: Innovation Cell Faculty; Faculty Mentors from departments; Student representatives; External advisors/industry experts.
Funding & Support
Sources: Institution, MSBTE Innovation Project Scheme, AICTE IDEA Lab/IIC recognition, MSME/DST/CSR for equipment & startup support.
Year-1 Targets
- 5–10 student projects incubated
- 2–3 prototypes
- At least one startup ready/registered
- MoUs with 2–3 industry mentors
Estimated Budget (Initial)
| Furniture & setup | ₹50,000 |
| Basic tools & kits | ₹30,000 |
| Computer & peripherals | ₹90,000 |
| Display & branding | ₹10,000 |
| Workshop & events | ₹20,000 |
| Total | ₹2,00,000 |