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Contact person:
Shri V. Raghvendra Prasad
Executive Director
PSG
College of Technology - Science and Technology Entrepreneurial
Park (PSG-STEP) was established in the year 1998 by
PSG College of Technology, which is ranked amongst the
top 10Engineering Colleges in India along with the IIT's,
in association with the Department of Science and Technology,
Government of India & All India Financial Institutions
to promote technology based enterprises in the areas
of Software, Electronic Products, Hi-tech Mechanical
Products, Eco-friendly Textile Products and Bio-technology
using the core strengths of PSG College of Technology.
PSG-STEP, awarded the Best STEP for the year 2002 by
Ministry of Science and Technology, Government of India,
has established an IT Incubator cum Software Park which
is the largest in the country attached to an educational
institution. This facility is provided with multiple
voice and data service providers' gateways.
PSG-STEP has so far assisted more than 80 technology
ventures in the last 5 years (some of them are in the
pre-IPO stage). The total turnover of these ventures
is Rs.250 million and employment generated is about
1000.
The incubated ventures at PSG-STEP operate in the areas
of Very Large Scale Integrated Circuit (VLSI) design
and embedded software, network management, convergent
traffic analyzer, knowledge management, applications
in BIFS (Banking, Insurance and Financial Services)
domain, e-commerce, internet and touch screen kiosk
applications, corrosion management software, transportation
and IT Enabled Services like medical transcription,
data and forms conversion, GIS, CAD/CAM and 24 X 7 support.
PSG-STEP has created a walk-in and start facility for
entrepreneurs to start their ventures with virtually
zero investment so that they can leverage their business
idea to create a venture. PSG-STEP has also created
rapid prototyping and mould and die and component manufacturing
facility so that entrepreneurs and SMEs can reduce their
product development and commercialization cycle time
and operate cost effectively.
Some of the entrepreneurs @ work in PSG-STEP Software
Park

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