Baba Farid School of Entrepreneurship - An Incubator

To create an ecosystem of Startups & inculcate the entrepreneurial traits in the Students BFGI has also established “Baba Farid School of Entrepreneurship” with an objective to support the budding entrepreneurs to establish their new venture through constant guidance & mentoring through various training programs & industrial collaborations. Baba Farid SoE continuously interacts with various Government bodies and departments to enable the students to become job providers rather than job seekers. The organizing of Entrepreneurship Awareness Camps in association with Govt. of India through the Department of Science and Technology (DST) is a routine affair. In these camps, more than 500 students from Agriculture, Engineering & other various streams have participated. The active participation of Baba Farid SoE in Govt. of India and Govt. of Punjab initiatives, like Startup India Punjab Yatra, related to Startup India gives ample exposure to the students to become entrepreneurs. BFGI every year organizes the Business Plan Competition with the name of Biz-Craft in which the teams from all over India participate. iCan (Ideation Contest) is a proud annual event of BFGI in which students of BFGI pitch their ideas. Selected ideas are provided with Business support services.

Baba Farid School of Entrepreneurship (SoE) has a good pool of Mentors and engage them with the Mentees for the different need of students such as Technology Validation, Strategy and Business Plan Development, Marketing and Sales Planning, Financial Compliances, Legal and Company Issues, IP Issues, etc. Mentoring is taken up for BFGI students through Expert Talks, One-On-One mentoring between mentors and startups and also virtually through Conferencing/Skype/Tele/Con Call between mentors and startups.

The main objectives of School of Entrepreneurship are:
  • To foster exchange between high level experience (Corporates) and Agile Innovation (Start-up’s)
  • To promote entrepreneurship by providing dedicated fully furnished work space for startup, facilities like internet connectivity and other resources required for startup.
  • To facilitate funding for the ideas and fueling the success of entrepreneur’s by connecting them with influencers, experts and customers.
  • To assist students\budding entrepreneurs to build a comprehensive business plan from their idea to a prototype that can be launched in the market (from concept to launch).
  • To provide various services including information on all aspects of enterprise building to budding S&T entrepreneurs
  • To encourage a culture of innovation and Science & Technology based enterprise
  • To promote better linkages between the BFGI’s School of Entrepreneurship and Industries and other related organisations engaged in promoting innovation and entrepreneurial skills
  • To support the student at all levels from pre-incubation-to-incubation-to-enterprise
  • To scout for the mentors, successful entrepreneurs & passionate people
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