Incubation and WEIC

WALCHAND ENGINEERING AND INNOVATION COUNCIL - (Incubation Center)

(A section 8 company as per statutory requirements)

The institute is dedicated to creating a supportive ecosystem for engineering & technology startups, offering mentorship from industry leaders. Recognizing this initiative as a new form of experiential learning, the institute is already nurturing ideas for product development and business incubation among its students.
WEIC serves as the primary engine for driving innovation and fostering a robust ecosystem for scaling ideas into impactful ventures at Walchand College of Engineering. The incubator is an intrinsic extension of the institute’s experiential learning ecosystem.
We recognize that in the modern technical landscape, classroom instruction must be augmented by practical application and entrepreneurial thinking. Therefore, WEIC acts as a vital link in the learning-innovating process, through an integrated ecosystem for experiential learning.
"By providing a structured environment where students and faculty can design solutions, build prototypes, and navigate market realities, we bridge the gap between theoretical knowledge and real-world impact."

Objects

To promote experiential education –

Organizing experiential learning activities such as seminars, workshops, and training programs for entrepreneurship development, innovation and business acceleration.
Promoting innovation in engineering and technology through interdisciplinary projects.
Create the Awareness, Foster Innovation & Entrepreneurship for Walchand College of Engineering ,Sangli students, alumni, faculty, society at large and others in the nearby local area of Sangli.
Create a learning environment for idea to prototype development, learning business strategy
design, and developing winning startup ideas.

To support Innovation , Technological development, Research and Business Ideas

Create a business incubation ecosystem that nurtures innovative ideas; supports development of ideas into impactful ventures and enables startups to accelerate and
scale-up.
Support Startups and MSMEs to develop robust growth strategies and market development action plans.
Provide Startup Incubation Infrastructure and Resources for Entrepreneurs from Walchand College of Engineering, Sangli
Facilitate Skill Development and Training in the identified thrust areas.
Promote Research and Development, Protect Intellectual Property and Create Commercialisation Pathways.
Enhance Industry-Academia Collaboration

To collaborate and network

Facilitate Access to Funding under various Govt. schemes, from venture capitalist / investors, industries.
Facilitate mentorship, expert services, academic and business knowledge services to new business learners in incubation.
Facilitate partnership building and joint venture strategies for business acceleration and market development

Functions of WEIC as an Incubator

To enhance the chances of success for innovative startups and budding entrepreneurs by equipping them with powerful and effective skills, tools and techniques for venture building.
Provide a conducive and professional coworking environment that fosters operational growth, industry interaction and networking.

Support design, prototyping and development of innovative ideas.

Providing an array of business services like company formation, accounting, regulatory and taxation advisory, compliances etc.
Assist startups in business valuation, fund raising from investors and banking channels, IPR protection.
Enable access to specialised labs and equipment, and expert faculty members of Walchand College of Engineering.
Enable access to industry partners, testing facilities, government offices and strategic partners through WEIC’s network.

WEIC offers the following infrastructure:

Makers Lab equipped with:
Rapid Prototyping Tools (3D Printer, PCB Printer, CO2 Cutting/Engraving Machine)
Hand tools and power tools
Electronics Instruments
Raw materials and components
Co-working Space with more than 50 seats
High-speed Wi-Fi connectivity
Access to specialised labs and equipment at WCE

For More Details:
Visit www.walchandinnovations.org
or Contact:
CEO,
Walchand Engineering Innovation council.
at weic@walchandinnovations.org