SPPU-RPF Product Bank

Introduction

SPPU Research Park Foundation (SPPU-RPF) is a section 8 company fully owned by Savitribai Phule Pune University. It is established to promote research based entrepreneurship as well as providing co-location facility to industry for Research and Development. It is a ‘gateway’ for SPPU to take the research to industry and society at large. It provides an opportunity for industry and academia to come and work together for addressing the challenges of mutual interests. SPPU Research Park Foundation provides opportunities for students for skill enhancement through working on real life problems carry out research towards their academic fulfillment, gain practical experience and employment prospects by working on cutting edge technologies.
            The SPPU-RPF Product Bank is like a special place where people with cool ideas and people who can make those ideas real come together. It’s kind of like a big store, but instead of selling things like clothes or toys, it sells ideas! Innovators, who are people with awesome ideas, can show off their ideas on this platform. Then, entrepreneurs, who are people with the skills and resources to turn those ideas into real products, can check out the ideas and maybe buy them to make them real. This platform makes sure that everyone feels safe sharing their ideas because it promises to protect their rights. It also offers a lot of help and support to innovators, like mentoring and funding, to help them turn their ideas into something amazing.

The best part is that this Product Bank isn’t just about making money; it’s about helping people succeed. Innovators who share their ideas can get recognized and even earn money if entrepreneurs want to turn their ideas into real products. And for those innovators who may not have the time or know-how to make their ideas real, the Product Bank connects them with entrepreneurs who can bring those ideas to life. It’s a win-win situation because both the innovators and the entrepreneurs benefit. Plus, the Product Bank charges a little bit of money as things move forward, and that money helps keep the platform running smoothly for everyone involved. So, it’s not just about making innovative products or services; it’s about building a community where everyone can thrive and succeed together.