Thapar institute of Engineering & Technology(Deemed to be University), Patiala as a Premier technical educational institute of India curates a repository of knowledge for all stakeholders working in the domain of technology innovation. Being an institute of repute it has always tried to contribute in national priority area of entrepreneurship development and improve economic development activities and investment on which it is located. To assist in this endeavour, Thapar institute of Engineering & Technology (TIET) established Venture Lab-Thapar for the budding entrepreneurs, start-ups, students and freelancers. The whole idea behind this initiative is to bring together the creative people and let the various innovative ideas work in tandem with high order of synergy. It works in tandem with Entrepreneurship Development Cell of TIET to further elevate the level of their innovation and entrepreneurial acumen.
Venture Lab -Thapar facilitates and catalyzes innovation, entrepreneurial development, and business success that foster sustainable economic growth of the area in which it is located. It is also in various ways nurturing innovation through a collaborative community of entrepreneurs which is one of the national priority area and one of the core mandates ofTIET .
Venture Lab - Thapar is a viable platform for the budding entrepreneurs in getting their respective project to be done in a professional setting.
Thapar Venture Lab – Thapar is established on the following principles:
1. Flexibility: It is provided in three different areas:
2. Community: Building a start-up can get kind of lonely sometimes. No matter the phase of growth, there are always new things to learn, do, and evaluate. Surrounding with other entrepreneurs can help an entrepreneur to take the edge off when things get rough.
3. Greater Access to Key Players: Venture Labfocuses on the enhanced access to key players who can help Start-up business to grow. It has a strong contact to angel investors and Venture Capitalists looking for new opportunities. It will more likely to hit up networking events with government concerned, corporate/PSUs, academia, field experts/consultants, innovators, research organizations and angel investors.
4. Amenities + Services: When a start-ups lease a private space, they don"t always have the luxury of just showing up and getting to work. In most cases, furniture needs to be bought, the internet and phone connections need to be secured, help for secretarial work and parking needs to be arranged for employees. Venture Lab with huge campus with all facilities like well furnished office space, internet, refreshment/canteen, play ground, car parking space to address the challenges of amenities and services.
Forth Coming Events-
Dr. Padmakumar Nair
Director L M Thapar School of Management
Dr. KarminderJit Singh
Science & Technology Entrepreneur’s Park & Venture Lab
Dr. Mandeep Singh
Science & Technology Entrepreneur’s Park& Venture Lab
Dr. Karun Verma
In charge Simulation and Design Lab
Dr. Vineet Srivastava
In charge Fabrication Lab
Mr. Koustav Das
Manager Venture-Lab Thapar, TIET