Innovation and Entrepreneurship Development Centre (IEDC)

Established in 2015, the Innovation and Entrepreneurship Development Centre (IEDC) at Akshaya College of Engineering and Technology acts as a catalyst for fostering innovation and entrepreneurship among students and faculty. The centre provides a structured ecosystem that encourages idea generation, innovation, and the transformation of creative concepts into sustainable ventures.

IEDC plays a pivotal role in nurturing entrepreneurial mindset through mentoring, incubation support, industry interaction, and capacity-building initiatives. The centre is committed to cultivating a culture where creativity, problem-solving, and entrepreneurial thinking flourish, empowering individuals to contribute meaningfully to economic and societal development.

Recognitions and MoU :

MSME – Host Institution for Business Incubator (HIBI)

ACET has been approved as an MSME Host Institution for Business Incubator (HIBI) with effect from January 1, 2025. This prestigious recognition strengthens institutional support, resources, and infrastructure for early-stage startups, MSMEs, and student-led ventures.

Selection under IIT Madras – Entrepreneurship Development Drive (EDD) 2025–26

Announced on September 11, 2025, the institution has been selected for the Seed Track of the Entrepreneurship Development Drive (EDD) 2025–26 by IIT Madras. This partnership enables structured, high-impact seed-stage mentoring and accelerated growth pathways for campus startups.

StartupTN Pre-Incubation Centre (PIC) Sanction

On February 20, 2026, ACET was officially sanctioned ₹7.5 Lakhs by StartupTN to establish a state-of-the-art Pre- Incubation Centre (PIC).

The Vision: As part of StartupTN’s mission to establish 100 PICs across Tier II, III, and IV cities in Tamil Nadu, this centre acts as a crucial launchpad for early-stage innovators.  Key Support Areas: The PIC will actively guide aspiring student and local entrepreneurs through: o Idea Validation & Market Research o Prototype & Proof-of-Concept (PoC) Development o Dedicated Mentorship & Networking Opportunities o Specialized Entrepreneurship Workshops and Training

Institutional Partnership with Wadhwani Foundation

ACET maintains an active institutional partnership with the Wadhwani Foundation to foster structured entrepreneurship education, equip students with critical business skills, and build a robust startup ecosystem on campus.

Incubation Centre

Akshaya Thulir Incubation Foundation (ATIF) incubation Centre The Akshaya Thulir Incubation Foundation (ATIF) is a dedicated Section 8 (Non-Profit) organization established to serve as the central hub for innovation, startup incubation, and entrepreneurial development. ATIF is structured to empower students, faculty, and local grassroots innovators in Tier II, III, and IV regions of Tamil Nadu. By operating as a non-profit incubator, the foundation reinvests all its resources into building a sustainable and highly supportive environment for regional startups. Website : https://akshayathulir.com/about/