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 SREC SPARK Incubation Centre inaugurated

 SREC SPARK Incubation Centre inaugurated

Sri Ramakrishna Engineering College (SREC), with its campus at Vattamalaipalayam in Coimbatore, Tamilnadu, inaugurated its state-of-the-art technology business incubator (TBI).  SREC Spark Innovation Foundation, the startup and business incubator, was inaugurated by Dr. Jairam Varadaraj, MD, Elgi Equipments Ltd, Coimbatore, Shri.  Lakshminarayanaswamy, Managing Trustee, SNR Sons Charitable Trust presided over the event.

“The SREC SPARK Incubation Centre, built on an area of around 10,000 sq. ft. in the college premises, and having a 100-seater capacity, has been formally registered as a Section 8 company. With about 10 tech startups and two MSMEs currently incubated at the SPARK, the incubator, whose construction work started around Dec 2020, supports new businesses in the form of mentoring, investment and a co-working space,” said Dr. Sharmila, COO of the SREC Spark Innovation Foundation. She added that the incubator will add more tech-based startups from different domains in the future, and provide an ecosystem for sustained growth.  Dr. Alamelu, the Principal of the institution, during her welcome speech at the inaugural session, said that the core theme of this initiative is to build a sustainable entrepreneurial community that encourages campus startups and innovators to ideate, create and commercialize their ventures through a proper support system at the institution.

The incubator’s innovation team of faculty was recognized in the inaugural function. A video highlighting the salient features of the SREC Spark Innovation Foundation was played, much to the appreciation of a packed audience. Ganesh, Chief Officer, Industry Institute Interface at SREC, delivered the vote of thanks. The dignitaries, accompanied by the principal and the incubation team, visited the newly inaugurated incubator setup, and also took a look at the products of all the incubatee startups.

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