Malnad College of Engineering (MCE) was
established
in the year 1960, during the second five year plan, as a joint venture of Government of India,
Government of Karnataka and the Malnad Technical Education Society, Hassan. Furthering its
objectives beyond education MCE undertook to create social and economic impact in the Hassan
region by supporting innovations and start-ups in the field of agriculture, education and
technology in the year 2018. Thus, Malnad Enclave for Research, Innovation, Incubation,
Start-ups and Entrepreneurship (ME-RIISE) was formed by MCE in the year 2018 to initiate its
above mentioned objectives supported by Management, Teaching staff and Students.
As a step towards further expanding its reach and enhancing its impact, ME-RIISE has set up a
distinct entity, A Section
8 company, ME-RIISE FOUNDATION promoted by Malnad College of Engineering in September, 2022.
This Section 8 company is
composed of 5 Directors and 2 Advisors. ME-RIISE FOUNDATION is committed to promote innovation,
incubation, start-ups,
and entrepreneurship in the region and expand its reach, enabling students/ youth and aspiring
entrepreneurs to realize
their potential and contribute towards the growth of the economy. In order to realize its
vision, the foundation will
work in collaboration with Malnad College of Engineering (MCE) to promote innovation,
incubation, start-ups, and
entrepreneurship.
Proposed activities of ME-RIISE FOUNDATION are :
• Application of technology to promote arts, commerce, science, sports, education, research,
social welfare, religion, charity, protection of environment.
• Providing the young graduates adequate management and technical training that will enable them
to be creative and innovative in promoting business opportunities.
• To create job and employment opportunities for the region of our nation.
• To incubate the spirit of perseverance in the youths.
Over the years, ME-RIISE FOUNDATION has orchestrated more than 170 events and initiatives,
resulting in significant
benefits for over 4000 students. Through these endeavours, ME-RIISE has successfully supported
in bringing out 25+
innovative prototypes and created 10+ new applications.
Vision
To engender industry ready graduates possessing
magnificent skills in the arena of innovation and
technological development of products/ services.