Logo
பெரியார் பல்கலைக்கழகம்

PERIYAR UNIVERSITY

NAAC 'A++' Grade with CGPA 3.61 (Cycle - 3)
State University - NIRF Rank 56 - State Public University Rank 25
Salem-636011, Tamilnadu, India.

Logo

Periyar University Business Incubation Confederation

(BIC@PU)

Vision

Periyar University Business Incubation Confederation (BIC@PU) is a start-up business incubator hosted in Periyar University, registered under the Ministry of Corporate Affairs as a Section 8 Company. It is supported by Entrepreneurship Development and Innovation Institute (EDII), Tamil Nadu by providing a financial assistance of Rs. 100 Lakhs. It is governed by a Project Management and Review Committee of EDII-TN and Board of Governance (Special Purpose Vehicle). It is led by Board of Directors and Incubation Managers and branded as BIC@PU. It earmarked its division and services by following a guidance framework for higher education institutions defined in Tamil Nadu Startup and Innovation Policy and MHRD National Innovation and Startup Policy 2019 for students and faculty.

The incubator specialises in the domain of Food Science and Nutrition. But, it also supports ideas from other domains, when the entrepreneur is passionate towards his/her work. It has extended its support and services including mentoring and business assistance, food testing, food licensing, co-working space, networking linkages, full-fledged extrusion line, snack bar unit, bakery unit and training hall for potential entrepreneurs and start-ups. Nearly, 18 incubatees are supported, each working on different ideas. At present, four are graduated into MSME registered and FSSAI licensed companies and two are graduated into Start-ups.

The incubator has created an entrepreneurial ecosystem among 4200 beneficiaries by conducting seven workshops on innovation tools and techniques, nine ideation camps, six training programmes, five awareness campaigns, 19 webinars, one idea contest, one open mic, eight virtual internships of 15 to 30 days. It has a well deserved mentor pool consisting of 17 external mentors from academic institutions, established startups, startup communities, industries, ventures, consultants, co-incubation centres and farmer producer companies to assist incubatees.