The Union Ministry of Corporate Affairs has recognised a start-up company, Runway Labz Private Limited, started by students of the Aditya Institute of Technology and Management-Tekkali, as the youngsters could successfully begin training programmes in Robotics and Embedded Systems for the schoolchildren.

The students of the college have also started other start-up companies as such as Heartnote, Flashmart, Me-Developers, Donors4U, Indian Springs, PCNM Tutorials and Indian Automation with the support of the State government which has been promoting start-up programmes as part of developing engineering graduates as entrepreneurs.

AITAM College director V.V. Nageswara Rao said that great personalities like Ratan Tata were investing in start-up companies to encourage the youngsters who began new companies with innovative thoughts.

“Flashmart start-up concentrates on local business and Heartynote social media website aims to record all the memorable events. These new start-ups are expected to be recognised by the Union government very shortly,” he added.

Principal of the college K.V. Madhu Sahu and Leadership Foundation head P. Sai Vijay said that the new ideas of the students have been encouraged by setting up incubation centre in the college. “Academic knowledge has to be converted as entrepreneurial skills. So, start-up companies will make them as business leaders in future,” Mr. Madhu Sahu said.

The college management has decided to provide more financial assistance to the students to do more research on innovative thoughts and converting them as start-up companies.

source: http://www.thehindu.com / The Hindu / Home> National> Andhra Pradesh / by Staff Reporter / Srikakulam – July 08th, 2015