The Venture Center
|
Last updated 27 Dec 2011
|
Information
|
Address |
100, Pune- 411008 |
|
Communication Details |
·
Telephone (with STD code): +91-20-6401-1026 /
+91-20-2586-5877 ·
Fax: +91-20-2586-5879 ·
Email :reception@venturecenter.co.in |
|
Contact person |
Dr V Premnath |
|
Founded on |
Laying of
foundation plaque- 18th December 2006 Date of
incorporation- 10th January, 2007 |
|
Founded by |
Dr S Sivaram
& Dr V Premnath |
|
Nature of organization |
Section 25, Not-for-profit company |
|
Company registration details |
Company Registration No.- U73100PN2007NPL129455;
Date of
Registration: 10th January 2007; Place of
Registration: Pune |
|
Board of directors (Names, Current professional
positions and Current designation on the |
·
Dr. Saurav Pal (Director, NCL) Chairman ·
Dr. S Sivaram (CSIR Bhatnagar Fellow, NCL) Founding Chairman ·
Shri. H K Mittal (Director & Representative,
DST-NSTEDB) Board Member ·
Dr. Rajendra Lagu (Intel Innovations Manager at
Intel Technology India Pvt. Ltd) Board Member ·
Shri. Anand T Kusre (Advisor, ICICI Bank) Board Member ·
Dr. K N Ganesh (First Director and Professor of
Indian Institute of Science Education and Research-IISER, Pune) Board Member ·
Dr V Premnath (Head, NCL Innovations group) Founding Director & Secretary |
|
Financial/ bank information |
BANKS- ·
For foreign currency donations: Axis Bank, Baner
branch ·
ICICI Bank Aundh branch REGISTRATIONS- ·
Section 12(A) -
Regn12A(a)/45/2008-09/1029 ·
Permanent
Account No. (PAN) - AACFE2766K ·
Section 80 G -
80G/60/2008-09/1030 ·
FCRA
registration (under section 6 (1) (a) of the Foreign Contribution
(Regulation) Act): FCRA Reg. No. 083930543 ·
SIRO registration- F.No.11/522/2011-TU-V AUDITOR (FY
10-11)- M. P. Chitale & Co. Chartered
Accountants 3, Gurukrupa, Sathe Colony, Near
Bajirao Road Telephone Exchange, 1317, Shukrawar Peth, Pune- 411 002 Tele/fax:
020-2447 5425 Email:
pune@mpchitale.com Latest year for which a return has been
filed: Financial Year 2010-11, Assessment Year 2011-12 |
|
Vision |
To be the
organisation that will be credited with creating, shaping and sustaining a
“Pune cluster” of innovative technology businesses with a significant
economic impact regionally, nationally and globally within the next 20 years. |
|
|
To nucleate and
nurture technology and knowledge-based enterprises for |
Salary Distribution Chart
*As of 2 Nov
2011
|
Slab of gross monthly salary (in Rs.) plus benefits
paid to staff |
Male Staff |
Female Staff |
Total Staff |
|
<5000 |
0 |
0 |
0 |
|
5001-10000 |
2 |
2 |
4 |
|
10001-25000 |
5 |
6 |
11 |
|
25001-50000 |
0 |
0 |
0 |
|
>50000 |
0 |
0 |
0 |
**Some of the
Board of directors- Meetings
i.
Currently our Board has six members.
ii.
None of our board members are related by blood or
marriage.
iii.
Our Board meets at least once a quarter to review the
progress of the company.
iv.
Minutes of Board meetings are well documented and
circulated.
v.
Our Board reviews the budgets, activity reports and
audited financial statements and ensures compliance with regulations and laws
governing the company.
vi.
Currently, none of the Board members have remunerative
roles in our company.
·
Details of board meeting and AGM
held in the last financial year (FY
10-11)
|
Financial year |
Nature of the
meeting |
For the quarter |
Date of the
meetings |
Number of directors/ members present |
Total Number of
directors/ members |
|
2006-07 |
Board Meeting |
Q3 |
25.01.07 |
2 |
2 |
|
2007-08 |
Board Meeting |
Q1 |
20.04.07 |
2 |
2 |
|
|
Board Meeting |
Q2 |
20.07.07 |
2 |
2 |
|
|
Board Meeting |
Q3 |
24.10.07 |
2 |
2 |
|
|
Board Meeting |
Q4 |
12.03.08 |
2 |
2 |
|
2008-09 |
Board Meeting |
Q1 |
14.06.08 |
2 |
2 |
|
|
Board Meeting |
Q2 |
15.09.08 |
2 |
2 |
|
|
Board Meeting |
Q3 |
16.10.08 |
2 |
2 |
|
|
Board Meeting |
Q4 |
12.01.09 |
2 |
2 |
|
|
Annual General Meeting |
|
9.07.08 |
2 |
2 |
|
2009-10 |
Board Meeting |
Q1 |
10.04.09 |
2 |
2 |
|
|
Board Meeting |
Q2 |
10.07.09 |
2 |
2 |
|
|
Board Meeting |
Q2 |
14.07.09 |
2 |
2 |
|
|
Board Meeting |
Q2 |
30.09.09 |
2 |
2 |
|
|
Board Meeting |
Q3 |
20.11.09 |
5 |
5 |
|
|
Board Meeting |
Q4 |
5.02.10 |
3 |
5 |
|
|
Annual General Meeting |
|
11.09.09 |
2 |
2 |
|
2010-11 |
Board Meeting |
Q1 |
16.4.10 |
2 |
6 |
|
|
Board Meeting |
Q1 |
10.5.10 |
2 |
6 |
|
|
Board Meeting |
Q1 |
9.06.10 |
3 |
6 |
|
|
Board Meeting |
Q2 |
3.09.10 |
3 |
6 |
|
|
Board Meeting |
Q3 |
20.11.10 |
5 |
6 |
|
|
Board Meeting |
Q4 |
17.02.11 |
5 |
7 |
|
|
Annual General Meeting |
|
9.06.10 |
2 |
2 |
|
2011-12 |
Board Meeting |
Q1 |
5.5.11 |
5 |
7 |
|
|
Board Meeting |
Q1 |
27.6.11 |
5 |
7 |
|
|
Board Meeting |
Q2 |
17.9.11 |
5 |
7 |
|
|
Annual General Meeting |
|
17.9.11 |
2 |
2 |
International Travel Details
·
There was no international travel
this year (2010-2011)
Financials
·
Highlights:
o
Budget: Rs 301 lakhs (FY 10-11) ;
Rs 99 lakhs (FY09-10)
o
Income from services to
entrepreneurs/start-ups and running of events: Rs 53 lakhs (FY10-11); Rs 27
lakhs (FY 09-10)
·
Sources of financing of recurring
expenditure:
o
Grants to incubator
o
Income from
services for entrepreneurs/ start-ups
o
Events/ workshops
o
Sponsored Projects
o
Investment income of corpus /
reserves
o
Donations towards expenses
o
In-kind contributions by organizations and individuals
o
(Equity Returns )
·
Further information available on
request. Contact General Manager (gm@venturecenter.co.in)
·
Board strength (as of October 2011)
|
Category |
Board Member Meeting |
Annual General Meeting |
|
Maximum
strength |
7 |
3 |
|
Minimum
strength |
6 |
2 |
|
Current
strength |
7 |
3 |
|
Quorum |
2 |
2 |
· Staff statistics (as of November 2011):
|
|
Current |
Alumni |
|
Managerial
staff and consultants |
4 |
2 |
|
Operations
staff and consultants |
10 |
3 |
|
Project staff |
4 |
2 |
|
Trainees/
interns |
2 |
5 |
|
Student
projects/ trainees |
0 |
7 |
|
Total |
20 |
19 |
·
Incubatees: (as of October 2011)
|
VC incubatee |
Duration of stay at VC |
|
Biopore Surgicals Pvt Ltd |
3years 6 months |
|
Shantani Proteome Analytics Pvt Ltd |
16 months |
|
Seagull Biosolutions Pvt Ltd |
6 months |
|
iTHEME Consulting Pvt Ltd |
1 year 10 months |
|
Gram Oorja Solutions Pvt Ltd |
6 months |
|
Systems Biology India Pvt Ltd |
1 year |
|
Coofluence Consulting |
1 year |
|
Gnanlex Hermeneutics Pvt Ltd |
4 months |
|
Helium Consulting Pvt Ltd |
2.5 months |
|
Florentis |
1 month |
·
Graduates: (as of October 2011)
|
Graduates |
Duration of stay at VC |
|
Battelle Science and Technology India Pvt Ltd |
2.5 years |
|
AbGenics Life Sciences Private Limited |
9 months |
|
Tridiagonal Solutions Pvt Ltd |
1 year |
FAQs on
