The NorthCap University (NCU), Gurugram inaugurated ‘The Master Jagannath Centre for Excellence & Incubation’ (MJCEI) the new start-up incubation platform at the University. The Centre was inaugurated by the Pro-Chancellor, Prof Prem Vrat and partners Mrs. Snehlata Jhamb and Mr. Mayur Jain. The event was graced by the presence of Pro Vice-Chancellor, Brig SK Sharma (Retd), Prof. Ravindra Ojha, Director, School of Engineering & Technology, Mr. BK Gupta, Director, School of Professional Attachment and Registrar, Col Bikram Mohanty (Retd).
The Centre’s chief objective is to help create an environment for research and innovation, including software products and apps followed by incubation for commercialization. MJCEI aims to help young minds to transform their innovative ideas into viable business propositions, a platform facilitating a budding entrepreneur to start a business venture with minimum risks. Incubates will have access to technological assistance which will be generated through mentors with multidisciplinary expertise.
Speaking at the occasion the Pro-Chancellor, Prof. Prem Vrat said, “The University encourages young enthusiasts with new ideas and an inherent zeal to be entrepreneurs to take advantage of this novel initiative. We will nurture our faculty and students to innovate and invent, build technical skills and imbibe confidence to be competitive and ready to seize opportunities for the benefit of the society.”
The incubation centre is an initiative of some of NCU Alumni, Mr. Kashish Jhamb, Founder Managing Director of City Innovates Pvt Ltd, Gurugram and Mr. Mayur Jain.