Margao: On 12th February 2021, FiiRE, a business incubator that is hosted at the Don Bosco College of Engineering, Fatorda Margao organized a press meet to discuss the initiatives taken by them for Atmanirbhar Bharat.
D.S Prashant, the CEO of FiiRE, made a presentation to the press explaining how FiiRE has been instrumental in encouraging innovation in the past two years. He said that FiiRE in the past two years has assisted 75 start-ups out of which 30 have incubated with them. FiiRE organizes various events and competitions to encourage innovation among the youngsters.
Five start-ups that have incubated with FiiRE, namely Rekise Marine Pvt Ltd, Barve Technologies, LaFabrica Craft Pvt Ltd, Team Yaugar, and Pro Healthy Life Style have patents in their names.
Few start-ups with innovative ideas, that incubate with FiiRE showcased their products to the media. Tejas Barve the founder of Barve Technologies showcased his innovation which is a lifesaving temperature-regulating machine.
Sachin from LaFabrica showcased their innovation which is a biodegradable paper bag that can carry weight up to 10 kilos.
There were three more start-ups named Funminds Learning Tech which is an education technology consulting firm that promotes tech-savvy school and learn methodologies, Custom Elements which is a motorcycling enthusiast’s lifestyle brand that helps identify and sells the best brands of riding gears and accessories, and Asier Solutions that has developed DIY STEM kits designed to instill a passion for learning and creating.
Tushar Sawant, the Enterprise Development Manager at FiiRE told the press about their Developing Interior Villages Through Innovation (DIVTI) program that has been undertaken. FiiRE has set up a jaggery unit in Khotigao village of Goa which is an employment generator and a revenue generator for the residents of the village. They have also empowered the women to work by training them in making papad, producing chilies, pepper, etc. Currently, there are approximately 400-500 people from the village who are a part of this initiative.
The floor was then thrown open for questions. CEO of FiiRE, D.S Prashant conversed with the media and answered their questions regarding start-ups and the start-up ecosystem. When asked about the criteria for a good start-up, he said “It is difficult to categorize a start-up as good or bad. There is no set pattern for it. We at FiiRE give the start-up a month initially and work with them on their idea. If the idea solves a particular problem, at an efficient pace, reasonable cost then it can be worked upon.”