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Research Article

Year : 2017 | Volume: 1 | Issue: 3 | Pages: 24-32

Idea to Market: From an Institute Platform

Suresh Akella1*, Suresh Akella2

doi:10.24951/sreyasijst.org/2017031004

Corresponding author

Suresh Akella*

Department of Mechanical Engineering, Sreyas Institute of Engineering and Technology, Hyderabad, India

  • 1. Department of Mechanical Engineering, Sreyas Institute of Engineering and Technology, Hyderabad, India
  • 2. Department of Mechanical Engineering, Sreyas Institute of Engineering and Technology, Hyderabad, India

Received on: 1/6/2019

Revised on: 1/6/2019

Accepted on: 1/6/2019

Published on: 1/6/2019

Abstract

The staff, technicians and students of Sreyas Institute of Engineering & Technology wanted to establish a platform for the students to get some industrial experience during the course period. Refrigeration & Air Conditioning, R&AC, was chosen as the area. A three year work has been initiated with support from JNTUH EDC, Entrepreneur Development Cell & (Micro, Small & Medium Enterprises) MSME, who have supported by providing a grant. The idea of developing a “Sreyas Mobile Air Conditioner” was incubated. This idea was converted to prototypes with the help of (multi National Company) MNC, Tecumseh Products Ltd. and financial & moral support from the management of the Institute. The challenge taken by Sreyas staff & students of the Mechanical Engineering Department has provided an idea to market the product from our institute.

Keywords

Idea, Innovation, Incubate-Seed, Commercialize, Entrepreneur.