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P.PRASANTH BV.VIGNESH K.S.ARVINDAKARTHIK
PSG - STEP was established in the year 1998 by PSG College of Technology in association with the Department of Science & Technology, Government of India & All India Financial Institution to promote technology based enterprise in the areas of Software, Electronic Products, Hi-tech Mechanical Products, Eco-friendly Textile Products & Bio-technology using the core strengths of PSG College of Technology.
With the support of Technology Development Board, a Seed Fund Support System has been constituted by PSG-STEP to extend the financial support to the start-ups along with the infrastructure support to cater the early stage requirements, Testing, Trials & Test Marketing.
MSME-Entrepreneurial and Managerial Development of SMEs through Incubators Scheme
PSG-STEP is one of the institutions selected for the Entrepreneurial and Managerial Development of SMEs through incubators scheme under the Ministry of Micro Small & Medium
Enterprise, Govt of India, Under the scheme 10 start-ups with innovative business idea will be extended incubation support to a true of Rs 6.5 lakhs.
TDB-Seed Fund Support PSG-STEP with the support of Technology Development
Board (TDB) has instituted a Seed und Support System to extend the financial support upto Rs 25 lakhs to the start-ups along with the infrastructure support to cater the Early stage requirements,Testing,Trials & Test Marketing. The Financial support would be extened to Product Development,Testing,Trial & Test Marketing and Filing of Patents.
The Financial support will also be extended to projects that are in high-risk areas and directed towards commercial realization of innovative technologies thereby enhancing the start-ups to a level where they can be fit for seeking further financial support from Technology Development Board (TDB/Venture Capitalists and other supporting agencies.)
To build a new class of technology - competent entrepreneurs.
To act as an interface between institutions of learning and research and industry.
To establish technology and science centres and provide basic infrastructure.
To assist and/or monitor in projects and to co-ordinate with State and Central Governments, industries, research organisations.
To render complete technical and other services to small scale entrepreneurs.
To organise seminars, symposia, workshops, industrial visit and conferences
SG-STEP facilitates entrepreneurs in converting the idea into a prototype and take it the proof of concept stage. Once the prototype is proven the proof of concept is established, small volume production can be carried out within PSG-STEP premises.
Mechanical Incubation CentreIT Incubation CentreElectronics Incubation Centre
Vidvus Technology Solutions India Pvt.LTD:CAD/CAM ALTA Infotech Pvt Ltd:Software Development
ENTREPRENEURS INCUBATEDAND MOVED
US Software Solutions:COM based business Amoeba Telecom:Telecom Software
ENTREPRENEURS ASSISTED BY PSG-STEP
White & Co:Optimization of Impeller Design Venus Engineers:Biomass gasifiers
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