Speakers - Dr. Krishnashree Achutan and Mr. Snehal Shetty
Date - 25/8/2014
Venue - SKH
Amrita Technology Business Incubator (TBI) in partnership with ASB has been encouraging people's dreams and giving incentives to innovate. As the CEO of Amrita TBI, Dr. Krishnashree Achutan pointed out that there have been several ideas that have translated into reality at Amrita TBI. She spoke about wanting to set up more dynamic centres at our Ettimadai and Bangalore campuses as well. She said that Mr. Snehal Shetty, V.P. Operations at Amrita TBI, was instrumental in starting several programs. He started Pitch Fest which is a competition to bring out the best ideas amongst students. He also helped incubate several start ups.
Mr. Shetty then spoke about the opportunities
for innovation and entrepreneurship at Amrita TBI, which has a partnership with
Department of Science and Technology, Government of India. They help find,
nurture and motivate innovative ideas. They also have a STAR (Social Transformation
Achieved through Rural innovations) program. He spoke about the importance of
ICE - Innovation, Creativity that leads to Entrepreneurship. He gave examples
of many brilliant ideas that students had which were developed into reality
because of the motivation and support that TBI provided. Many such ideas were
eventually patented. He encouraged the students to participate at the Pitch
Fest. Mr. Shetty then signed off by asking the students to be the Purple Cow in
a field full of black and white cows to make a mark. Dr
Achutan began her talk by telling us the importance of distinguishing ourselves
from the crowd. She reiterated that it is easy to be average but what takes
courage is to be the purple cow, to stand up and stand out. Having an idea is important
but coming up with an innovative idea is what makes one the purple cow. It is
necessary to be remarkable in this world.
Once we click upon an idea, we need to breathe life into it, plan and execute it. This is where Amrita TBI helps to nurture and motivate ideas. It is one of the top incubators in the country and is supported by The Department of Science and Technology, Government of India. The focus areas of ATBI are Business Incubation, STAR@ATBI, Social Entrepreneurship and IdeaLab.
ATBI’s achievements include:
1. IEEE student enterprise award, New York
2. Award: Intel Embedded Challenge 2010 –
3. Third Prize - for the project titled Gesture-based4.
Wheelchair Control System for Physically Challenged
5.
Gold Medal- Special Intel Employee's Award for the best
project
6.
A total of 24 innovative products that span across
various fields have been built at Amrita TBI.
7.
Seven patents for products (3 already filed and 4 in
process).
Mr.
Shetty concluded by saying that the founders of Facebook, Microsoft, DELL and
Apple were still at college when they landed upon a million dollar idea……why
can’t we???
Arun Preethi
(Team Colloquia member)