MOU with MBCIE

SACCM has entered into an MOU with Munjal Birmingham City University Centre of Innovation and Entrepreneurship, promoted by Munjal family (Hero Group) and Birmingham City University UK. This MOU aims to foster entrepreneurship in the state of Punjab by jointly working towards facilitating SACCM students, who have exhibited strong entrepreneurial interests and to provide them opportunity to further hone up their skills/ ideas for mutual benefit and frequent interactions.

Particularly, this MoU has been entered into by both parties bearing following objectives:

1. To facilitate SACCM students to take up startup course of their innovative ideas.
2. To facilitate to transfer their innovative ideas into realities.
3. To provide necessary infrastructure and computing facilities.
4. To provide its core framework to select, nurture, mentor SACCM students for technology startups.
5. To provide backlog of ideas to startup the Incubators in initial formative years.
6. To provide essential bootstrapping of faculties and campus-companies for running the idea factory in incubator.
7. To provide support to patent any specific idea.
8. To take good efforts in creating jobs opportunities using skills created via Inubator.
9. To invite successful entrepreneurs to incubate their businesses on SACCM campus.
10. To motivate SACCM students to set up innovative concepts and programs for starting their own venture on campus through Industry and Academia interaction.
11. To bring technology to nurture the growth of regional industrial.
12. To provide required support to incubate for product/process development, identifying the investors/sponsors, identifying market, compiling with legal requirement and support for overall activities.