 DSI Incubation Centre carries out its mission of promoting innovation and entrepreneurship through SMEs involved in the development of software products / services, running pilot projects in Mechanical, Chemical and Electrical Engineering, which culminate in the creation of companies, following a viable business model. Also, It will enable and seed business operations with guidance in product design, know-how acquisition, financial mobilizations for a young entrepreneur originating from DSI or associated with DSI, Bangalore, India.
This model assures that our actions are always based on the market demand and the current technology forecast. It creates opportunities in our operational segments, builds a vision and enables startup to sell a development project to a specific client. The project then goes through a development phase resulting in a solution for the client’s demands. This solution, initially a single-client one, can be generalized into a product or service, and can go through a market test period. If these evaluations produce positive results, investors are sought out who have the capital transform this venture in to stable company. It can explore the new service or product for a wider market. One of the modes that attract investors to new technology businesses is the Angels investor clubs program, which consists of a web of ‘angels’ who can finance new companies.
DSI Incubation Centre proactively search for potential new Entrepreneurs in ICT, Engineering and Technology businesses through the constant interaction between universities, research centers, investment funds and other parties, be they be entities or individuals. Evaluation of the entrepreneur is done through an analysis of the information contained in the Business plan submitted by the proponent and the response submitted to a Preliminary Analysis form. Once the application is approved, a more detailed analysis will be carried out based on the points that consist of:
- The technical and economic viability of the opportunity
- The degree of technological competitiveness
- The profile of the entrepreneurs
If the analysis is favorable, the matter is presented to DSI Incubation Centers’ Advisory system, which is responsible for the final approval. Once approved by the Advisory system, the incubation phase begins. As the incubation milestones are reached, DSI Incubation Centre enables formation of a company with or without additional investors / entrepreneurs as acceptable to the incubated party.
Finally, the company can move to the real-world and it gets in to the last phase of incubation process. The incubated company is now ready for an independent market dealing of its own. Support activities given from the center are gradually withdrawn and it is passed on to the new incubated company. The last formal act of the process is to sign the incubation agreement dissolution document, which brings the incubation period to a close and initiates the independent life of the new company.
Publications and Products
Publications
Devashish Jasani – “Application of Artificial Neuro Network in Aircraf Maintainance, repair and overhaul solutions” - International Conference TeamTech 2008 at Indian Institute of Science, Bangalore, on Sep 22-24, 2008.
Products
Companies
1. Aero IT
Aviation Management System ( Company: AeroIT )
The Aviation Management System –The flagship product began as an idea in the year 2005. Since then, it has grown from a prototype system into a fully fledged Operational Aviation Management Suite of applications.
Charter Flying:
Training Flights:
Highlights:
Personnel and Company Processing including:
Pilots, Customers, Suppliers, Employees, Students,
Instructors
- Aircraft Management and Maintenance
- Operational costs definition and analysis
- Flight type definition: the ability to
define different types of flights that can
be performed Standard information supplied
(Airports, Costs, Fees, Course Structures,
etc)
- Processing for multiple offices within
a single company
- Over 300 standard reports
Configuration:
The application itself is extremely configurable. You may only want to use it for Charter Operations or Flight Training. You may wish to define multiple offices to split up your charter and training businesses. You can define additional types of flights, courses, customers, students, suppliers, employees and payment methods using these AeroIT produced software packages.
2. Mind Trackers
Engaged in human resource management & International HR requirement supply, match outsourcing. |
