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==PROJECT 2 : CREATING A TECHNOLOGY TRANSFER OFFICE.==
==== TECHNOLOGY TRANSFER OFFICE ====
Technology Transfer Office is defined as an organization, such as a non- profit organization or a foundation, or a division or department, of a Research Member that engages in transferring technology on behalf of the Research Member
10. TTO is involved in creating programs that encourage both students and faculty to innovate in labs and maker spaces, so entrepreneurial engagement occurs in a manner that those technologies and innovations can come in the market place
=== Why TTO for our institution? ===
This office will be like the extension part of the innovation and entrepreneurship cells. This office is also like a surety for the young minds that their idea can become big with the helps of this office.
5. Secure internal buy-in from the key personnel involved in the specific opportunity. You need to have the buy-in of the inventors of innovations you’re trying to out-license
=== CONCLUSION ===
If this is implemented then, then the number of innovations, entrepreneurs will increase from our institutes which contributes more to our society, which also happens to be the main motive of the Siddhartha trust foundation. The person in charge for this project is V.Srichandan.
 
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== '''Strategy: Conducting Competitions and Expos''' ==
 
==== '''Importance of conducting Competitions and expos:''' ====
The basic importance of conducting Competitions and expos are students can share their ideology, knowledge and experience. Students can interact with different students from various fields. We can share our knowledge to other institutions and they can share their ideas to us. We can know where we are lacking at and improve our campus, they can also help us in doing that. Students can come up with quantity of ideas and select one to implement in their own campus. Students can also adapt to the outside world competition. Expos will be very exciting to watch and attractive. Prototypes can be displayed in the expos to share their ideas to different students and they can learn many things from the prototype ideas.
 
==== Implementation of Strategy: ====
-- Conducting both inter and intra competitions between different institutions.
 
-- Assigning faculty members and mentors to provide assistance, guidance and judging the prototypes.
 
-- Organizing various expos to display the prototypes of different student from various institutions.
 
-- Comparing other organizations to know where we lag at and also to improve our campus.
 
-- To award them with prizes and certificates to motivate the students for more participation.
 
==== Important Challenges: ====
-- The main challenge would be participation of the students actively in the competitions and expos or debates.
 
-- Convincing the management to conduct competitions and expos, which will be very useful for students to improve their ideologies and also to improve the campus.
 
-- Raising awareness of the advantages of these contests to ensure that lots of students take part in these activities.
 
-- Convincing the other colleges to work with us and share their equipment.
 
The person in charge for this project is P.N.Raghavendra
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2022 Cohort
11

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