A Section 8 Non-Profit Company – Registered under Ministry of Corporate Affairs, India

A Section 8 Non-Profit Company – Registered under Ministry of Corporate Affairs, India

Privacy Policy

If Skillblitz is a Section 8 / training / incubation foundation,
your policies must be simple, strict, and legally safe.

Privacy Policy

Our Skillblitz Innovation Foundation is committed to protecting the privacy of all users, students, partners, mentors, and visitors. This Privacy Policy explains how we collect, use, store, and protect your information.

1. Information We Collect

We may collect the following information:

* Personal details: Name, phone number, email address, age, gender
* Educational and professional details (for training, incubation, or placement support)
* Government-issued IDs (only when required for compliance, grants, or verification)
* Payment-related details (processed via secure third-party gateways)
* Usage data from our website, applications, and platforms

We do not collect unnecessary data.

2. How We Use Your Information

Your information is used strictly for:

* Training, incubation, mentorship, and program delivery
* Placement assistance and skill evaluation
* Communication regarding programs, updates, or policy changes
* Legal, statutory, and compliance requirements
* Improving our services and user experience

We do not sell, rent, or trade your personal data.

3. Data Sharing & Disclosure

We may share information only with:

* Authorised internal teams
* Mentors, trainers, or partners involved in your program
* Government or statutory bodies when legally required

All third parties are bound by confidentiality obligations.

4. Data Security

We implement reasonable administrative, technical, and physical safeguards to protect your data.
However, no digital system is 100% secure. By using our services, you acknowledge this risk.

5. Data Retention

We retain personal data only as long as necessary for:

* Program completion
* Legal or regulatory requirements
* Internal audits and reporting

6. Your Rights

You may request to:

You may request to:

* Access your personal data
* Correct inaccurate information
* Withdraw consent (where applicable)

Requests can be sent to: [info@skillblitz.in]

Conflict of Interest Policy

Applicable to SkillBlitz Innovation Foundation and its Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this Conflict of Interest Policy is to ensure that all decisions, actions, and transactions carried out by SkillBlitz Innovation Foundation are conducted with integrity, transparency, objectivity, and accountability, and solely in the best interest of the institution and its stakeholders.

2. Applicability (MoU-Based)

This policy is issued by SkillBlitz Innovation Foundation and shall apply to:

  • All SkillBlitz-managed programs, projects, and operations
  • All CSR, grant-funded, incubation, innovation, and skill development activities
  • All joint programs implemented in collaboration with SRIET under the signed MoU

This policy applies to individuals associated with:

  • SkillBlitz Innovation Foundation
  • SRIET (jointly under the MoU)

3. Scope

This policy applies to:

  • Directors, Trustees, and Management Members
  • Principal, Faculty, and Institutional Representatives involved in joint programs
  • Incubation, Innovation, CSR & Grant Committee Members
  • Employees, consultants, mentors, and advisors
  • Evaluators, reviewers, and external experts engaged in projects

4. Definition of Conflict of Interest

A Conflict of Interest arises when an individual’s personal, financial, professional, or relational interests interfere or appear to interfere with their official duties, responsibilities, or decision-making in SkillBlitz–SRIET collaborative activities.

5. Types of Conflict of Interest

A. Financial Conflict
  • Direct or indirect financial interest in vendors, startups, service providers, or partners
  • Receipt of commissions, incentives, or benefits linked to institutional decisions
B. Personal & Relational Conflict
  • Decisions involving relatives, close friends, or associates
  • Preferential treatment in recruitment, evaluation, funding, or procurement
C. Professional Conflict
  • External engagements that conflict with institutional responsibilities
  • Holding roles in competing or beneficiary organizations
D. CSR, Grant & Incubation Conflict
  • Participation in evaluation or approval of grants, CSR funds, or startups where a personal interest exists
  • Reviewing proposals from related or associated entities

6. Disclosure Requirements

  • All covered individuals shall disclose any actual, potential, or perceived conflict of interest:
    • At the time of appointment or association
    • Annually (where applicable)
    • Whenever a new conflict arises
  • Disclosures shall be made in writing to:
    • The CEO / Authorized Authority of SkillBlitz, or

The Designated Committee Head for joint SkillBlitz–SRIET programs

7. Management of Conflict of Interest

  • Where a conflict is disclosed or identified:

    • The individual shall:
      • Refrain from participation in discussions, evaluations, or approvals
      • Recuse themselves from decision-making and voting
      • Not influence outcomes directly or indirectly
    • The Management / Governing Authority may:
      • Reassign responsibilities
      • Seek independent review or approval
      • Restrict participation in specific committees or activities

8. Gifts, Hospitality & Benefits

  • No individual shall accept gifts, hospitality, or benefits that:
    • Influence or appear to influence institutional decisions
    • Compromise independence or integrity
  • Nominal or ceremonial gifts may be accepted only if:
    • Disclosed appropriately
    • Permitted under institutional norms

9. Procurement & Vendor Relations

  • All procurement and vendor selections shall follow:
    • Transparent, fair, and competitive processes
    • Documented evaluation and approval mechanisms
  • Individuals with vendor relationships shall:
    • Declare such relationships
    • Withdraw from procurement or approval processes

10. Confidentiality & Use of Information

  • Confidential information obtained through institutional roles shall:
    • Be used only for official purposes
    • Not be shared or exploited for personal or third-party gain

11. Non-Compliance & Disciplinary Action

Failure to comply with this policy may result in:

  • Removal from committees or roles
  • Disciplinary action as per institutional norms
  • Recovery of losses or damages
  • Reporting to funding agencies or statutory authorities, if required

12. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated to reflect regulatory or operational changes
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

13. Adoption & Effective Date

This Conflict of Interest Policy is formally adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

CSR & Grant Utilization Policy

(In collaboration with Approved Incubation / Section 8 Entities, where applicable)

1. Policy Objective

The CSR & Grant Utilization Policy of Sri Ranganathar Institute of Engineering and Technology (SRIET) aims to ensure transparent, accountable, effective, and outcome-oriented utilization of Corporate Social Responsibility (CSR) funds, Government grants, and institutional funding received for student innovation, incubation, entrepreneurship, skill development, research, and social impact initiatives.

This policy aligns with:

  • Companies Act, 2013 (CSR provisions)
  • Government of India & Tamil Nadu grant guidelines
  • UGC, AICTE, DST, MSME, Startup India, StartupTN norms
  • NAAC & NIRF quality frameworks

2. Scope of the Policy

This policy applies to all CSR and grant funds received by SRIET through:

  • Corporate CSR contributions
  • Central & State Government grants
  • Startup & incubation schemes
  • Skill development programs
  • Research & innovation funding
  • Sponsored projects & institutional grants

The policy governs the planning, approval, utilization, monitoring, reporting, and auditing of such funds.

3. Objectives

The key objectives of this policy are to:

  • Ensure proper and purpose-driven utilization of CSR & grant funds
  • Promote student innovation, incubation, startups, and entrepreneurship
  • Support skill development, employability, and industry readiness
  • Encourage women entrepreneurship, rural development, and inclusive growth
  • Maintain financial transparency and statutory compliance
  • Enable measurable academic, social, and economic impact

4. Eligible Activities

CSR & grant funds may be utilized for the following approved activities:

A. Student Innovation & Incubation
  • Ideation, hackathons, ideathons & innovation challenges
  • Prototype development & proof-of-concept support
  • Pre-incubation & incubation programs
  • Startup mentoring, IP support, and market access
B. Skill Development & Employability
  • Industry-oriented technical training
  • Emerging technologies (AI, IoT, Robotics, Data Science, etc.)
  • Soft skills, communication & leadership programs
  • Internship & placement readiness initiatives
C. Research & Development
  • Applied research projects
  • Faculty-student collaborative research
  • Product & process innovation
  • Lab modernization (approved items only)

    D. Infrastructure & Resource Support
    • Innovation labs & incubation facilities
    • Approved equipment, tools, and software
    • Digital platforms for incubation & learning
    E. Social Impact & Inclusion
    • Women entrepreneurship programs
    • Rural youth skill development
    • SC/ST & economically weaker section support
    • Sustainability & green technology initiatives

 

5. CSR & Grant Utilization Committee (CGUC)

Composition

The CSR & Grant Utilization Committee shall consist of:

  • Principal, SRIET – Chairperson / Chief Patron
  • Incubation / Innovation Head
  • Senior Faculty Members
  • Finance / Accounts Representative
  • External Industry / Incubation Expert (as applicable)
Responsibilities

The Committee shall:

  • Review and approve CSR & grant proposals
  • Ensure utilization as per sanctioned objectives
  • Monitor program implementation & outcomes
  • Ensure statutory, financial, and audit compliance
  • Review utilization certificates & impact reports

6. Fund Utilization Guidelines

  • Funds shall be utilized only for approved purposes
  • Any deviation requires prior written approval of the Committee
  • Separate accounting records shall be maintained for each grant
  • Funds shall not be used for personal, unrelated, or prohibited expenses
  • Interest earned (if any) shall be utilized as per donor / scheme guidelines

7. Financial Management & Accounting

  • Separate bank account / ledger shall be maintained for major grants
  • All expenses must be supported by valid bills and vouchers
  • Payments shall follow institutional financial procedures
  • Utilization Certificates (UCs) shall be prepared and submitted on time
  • Annual audits shall be conducted by a Chartered Accountant

8. Monitoring, Reporting & Audit

  • Periodic progress reports shall be prepared
  • Physical & financial progress shall be reviewed quarterly
  • CSR donors and government authorities shall receive required reports
  • Internal and external audits shall be conducted as applicable
  • Records shall be preserved as per statutory requirements

9. Transparency & Disclosure

  • CSR & grant details may be disclosed on the institutional website
  • Summary reports may be shared with stakeholders
  • All activities shall follow ethical and governance standards

10. Amendments & Review

This policy shall be:

  • Reviewed periodically by the Management / Governing Body
  • Amended as required to comply with changing regulations
  • Effective from the date of approval by the competent authority

11. Approval & Adoption

This CSR & Grant Utilization Policy is approved and adopted by
Sri Ranganathar Institute of Engineering and Technology (SRIET)
and shall come into force with immediate effect.

Finance & Accounting Policy

1. Purpose of the Policy

The Finance & Accounting Policy of SRIET establishes a robust financial governance framework to ensure:

  • Transparency and accountability in financial operations
  • Proper utilization of institutional, CSR, and grant funds
  • Compliance with statutory, regulatory, and audit requirements
  • Sound financial planning, control, and reporting

2. Scope

This policy applies to all financial transactions of SRIET, including:

  • Academic and administrative expenditures
  • CSR funds and Government / institutional grants
  • Incubation, innovation, and skill development programs
  • Research projects and sponsored programs
  • Collaborations with Section 8 companies, industries, and government agencies

3. Financial Governance Structure

A. Governing Authority
  • The Management / Governing Body shall have overall financial oversight.
  • The Principal shall act as the chief executive authority for financial implementation.
B. Finance & Accounts Function
  • Accounts shall be maintained by a designated Accounts Officer / Finance Team.
  • External Chartered Accountant (CA) shall conduct statutory and grant audits.

4. Budgeting & Financial Planning

  • Annual budgets shall be prepared for:
    • Academic operations
    • Infrastructure & maintenance
    • Innovation, incubation & research activities
    • CSR & grant-funded programs
  • Budgets shall be:
    • Reviewed and approved by the competent authority
    • Monitored periodically against actual expenditure
    • Revised only with proper authorization

5. Accounting Principles & Standards

  • Accounts shall be maintained on an accrual / cash basis as applicable.
  • Accounting shall comply with:
    • Generally Accepted Accounting Principles (GAAP)
    • Applicable Income Tax, GST, and statutory norms
  • Separate books / ledgers shall be maintained for:
    • CSR funds
    • Government grants
    • Sponsored research projects

6. Fund Management & Bank Operations

  • Institutional and project funds shall be deposited only in approved bank accounts.
  • Separate bank accounts may be maintained for major grants / CSR projects.
  • Authorized signatories shall be approved by the Management.
  • Cheque / online payment approvals shall follow a dual-authorization system wherever applicable.

7. Receipts & Revenue Management

  • All receipts shall be:
    • Properly recorded with supporting documentation
    • Acknowledged through official receipts
    • Deposited into bank accounts without delay

 

  • Sources include:
    • Fees and institutional income
    • CSR contributions
    • Government and agency grants
    • Sponsored projects

8. Expenditure & Payment Controls

  • Expenditures shall be:
    • In line with approved budgets and objectives
    • Supported by valid invoices, bills, and vouchers
    • Approved by the competent authority
  • Payments shall be made through:
    • Bank transfer / cheque / approved digital modes
    • Cash payments only where unavoidable and within limits

9. Procurement & Asset Management

  • Procurement shall follow:
    • Fair, transparent, and competitive practices
    • Approved vendor selection procedures
  • Assets purchased shall be:
    • Recorded in an Asset Register
    • Tagged and periodically verified
    • Used strictly for institutional / project purposes

10. CSR & Grant Financial Management

  • Funds shall be utilized only for sanctioned objectives.
  • Separate financial tracking shall be maintained for each grant.
  • Utilization Certificates (UCs) and financial reports shall be prepared as per guidelines.
  • Unutilized funds shall be carried forward or refunded as per donor / scheme rules.

11. Audit & Compliance

  • Internal Audit may be conducted periodically.
  • Statutory Audit shall be conducted annually by a Chartered Accountant.
  • Grant / CSR audits shall be conducted as required by funding agencies.
  • Audit observations shall be reviewed and corrective actions implemented.

12. Financial Reporting & Disclosure

  • Periodic financial statements shall be prepared and reviewed.
  • Reports shall be submitted to:
    • Management / Governing Body
    • CSR donors and Government authorities (as applicable)
  • Financial information may be disclosed for:
    • NAAC, NIRF, AICTE, and accreditation requirements

13. Records & Documentation

  • Financial records shall be preserved as per statutory requirements.
  • Documents shall include:
    • Vouchers, invoices, contracts
    • Bank statements and reconciliation reports
    • Audit reports and utilization certificates

14. Ethics, Integrity & Conflict of Interest

  • All financial transactions shall adhere to:
    • Ethical practices
    • Zero tolerance for misappropriation or fraud
  • Any conflict of interest shall be disclosed and addressed immediately.

15. Policy Review & Amendments

  • This policy shall be:
    • Reviewed periodically by Management
    • Updated to comply with regulatory changes
    • Effective from the date of approval

16. Approval

This Finance & Accounting Policy is approved and adopted by
Sri Ranganathar Institute of Engineering and Technology (SRIET)
and shall come into force with immediate effect.

HR & Honorarium Policy

Applicable to SkillBlitz Innovation Foundation and Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this HR & Honorarium Policy is to establish a transparent and standardized framework for human resource engagement, honorarium payments, remuneration, and performance governance for individuals associated with SkillBlitz Innovation Foundation.

This policy also governs HR and honorarium practices for joint programs implemented with SRIET under the existing MoU, ensuring compliance with CSR norms, grant conditions, and statutory requirements.

2. Applicability (MoU-Based)

This policy shall apply to:

  • All employees, consultants, and staff engaged by SkillBlitz
  • Faculty members, mentors, trainers, and experts engaged for programs
  • Committee members, reviewers, evaluators, and advisors
  • Individuals engaged in SkillBlitz–SRIET collaborative programs

3. HR Engagement Categories

A. Regular / Contract Staff
  • Program Managers, Coordinators, Accounts, Admin, Technical Staff
  • Engagement may be full-time, part-time, or contract-based
B. Faculty, Trainers & Resource Persons
  • Internal and external faculty
  • Industry experts, domain specialists, guest lecturers

 

C. Mentors, Advisors & Consultants
  • Startup mentors
  • Business, technical, legal, IP, and financial advisors
D. Committee Members & Evaluators
  • CSR, Grant, Incubation, and Evaluation Committee members

4. Honorarium & Remuneration Principles

Honorarium and remuneration shall be governed by:

  • Nature and scope of engagement
  • Duration and frequency of services
  • Qualifications, experience, and expertise
  • Budget availability and grant guidelines
  • Market benchmarks and reasonableness

Payments shall be:

  • Fair, transparent, and justifiable
  • Approved by the competent authority
  • Supported by proper documentation

5. Honorarium Structure (Indicative)

  • Guest Faculty / Resource Person – Per session / per day basis
  • Mentors / Advisors – Monthly / per engagement basis
  • Evaluators / Jury Members – Per evaluation / event basis
  • Committee Members – Sitting fee or consolidated honorarium (where applicable)

6. Approval & Authorization

  • All HR engagements and honorarium payments shall require:
    • Prior approval of the CEO / Authorized Signatory of SkillBlitz
    • Budget and program alignment confirmation
  • For joint SkillBlitz–SRIET programs:
    • Engagements may be finalized in consultation with SRIET’s designated representative, as per the MoU

7. Payment Procedures

  • Honorarium payments shall be made:
    • Through bank transfer or approved digital modes
    • Against valid invoices, consent letters, or honorarium bills
  • Statutory deductions (if applicable) shall be:
    • Deducted and remitted as per law
    • Supported by necessary filings and records

8. Attendance, Performance & Deliverables

  • Engagements shall be:
    • Linked to defined roles, deliverables, and outcomes
    • Monitored through attendance, reports, or output evaluation
  • Continuation or renewal of engagement may be based on:
    • Performance
    • Program requirements
    • Funding availability

9. Ethics, Conduct & Conflict of Interest

  • All engaged personnel shall adhere to:
    • Institutional ethics and professional conduct
    • Conflict of Interest Policy of SkillBlitz
  • Confidential information shall not be:
    • Misused
    • Disclosed without authorization

10. Compliance with Grant & CSR Guidelines

  • Honorarium payments under CSR or grant projects shall:
    • Strictly follow donor and scheme norms
    • Be within approved budget heads
    • Be supported by utilization certificates and reports

11. Records & Documentation

The following records shall be maintained:

  • Appointment / engagement letters
  • Honorarium approvals and sanction notes
  • Attendance sheets / deliverable reports
  • Payment proofs and bank statements

12. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated in line with statutory, donor, or operational changes
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

13. Adoption & Effective Date

This HR & Honorarium Policy is hereby adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

INCUBATION POLICY

SkillBlitz Innovation Foundation (Section 8 Company)
In collaboration with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. POLICY TITLE

Incubation Policy for Student Innovation, Ideation, Prototype Development & Startup Incubation

2. VERSION & EFFECTIVE DATE

  • Policy Version: 1.0
  • Effective Date: 23-Dec-2025

Approved by: Board of Directors, SkillBlitz Innovation Foundation

3. OBJECTIVE

This Incubation Policy defines the framework for promoting student innovation, ideation, prototype development, entrepreneurship, and startup incubation through a structured Incubation & Innovation ecosystem jointly implemented by SkillBlitz Innovation Foundation and Sri Ranganathar Institute of Engineering and Technology (SRIET).

The objectives are to:

  • Foster innovation and entrepreneurship among students
  • Support ideation, hackathons, ideathons, and startup creation
  • Enable access to CSR funds, government grants, and incubation schemes
  • Enhance employability, self-employment, and startup outcomes
  • Promote inclusive innovation including women and rural students

4. SCOPE

This policy applies to:

  • Students of SRIET across all departments
  • Faculty-led and student-led innovation teams
  • Early-stage startups supported under SkillBlitz programs
  • Programs funded through CSR, Government, Institutional, or Industry sources

The incubation programs may be executed:

  • On-campus at SRIET
  • At SkillBlitz facilities
  • In hybrid / online modes as applicable

5. INCUBATION & INNOVATION COMMITTEE (IIIC)

The Incubation & Innovation Committee (IIIC) shall be the apex body responsible for implementation, monitoring, and governance of all incubation activities.

A. SkillBlitz Innovation Foundation – Core Team

Name

Designation

Role in IIIC

Mr. Ramesh Subburaj

CEO & Founder

Chairman – Incubation & Innovation Committee

Dr. G. Kiruthika

Director

Co-Chairperson – Academic & Program Governance

Ms. Pavithra

Incubation Manager

Member – Schemes & Ideation Evaluation

Ms. Nidhya

Business Development Executive

Member – Follow-ups & Scheme Coordination

Mr. Sylvester Berry

Incubation Director

Member – Design, Prototyping & Digital Marketing



B. SRIET – Institutional Representatives

Name

Designation

Role in IIIC

Dr. H. Ganesan

Principal – SRIET

Chief Patron & Final Decision Authority

Dr. A. Sureshkumar

HOD – Civil Engineering

College IIIC In-Charge

Mr. T. Glen Sudharsan

BE – CSE

Department Innovation Coordinator

Dr. Suresh

BE – Civil

Department Innovation Coordinator

Mr. A. R. Sivanesh

BE – Mechanical

Department Innovation Coordinator

Dr. J. Maalmurugan

BE – EEE

Department Innovation Coordinator

Mr. V. R. Mani

BE – ECE

Department Innovation Coordinator

Mr. M. Sureshkumar

B.Tech – IT

Department Innovation Coordinator

Dr. P. Sindhuja

B.Tech – AI & DS

Department Innovation Coordinator

6. ROLES & RESPONSIBILITIES

6.1 Chairman – IIIC
  • Overall leadership and strategic direction
  • Approval of incubation programs and proposals
  • Representation to government, CSR, and funding agencies
6.2 Co-Chairperson – Academic & Program Governance
  • Academic alignment with curriculum and NAAC/NIRF
  • Program structure and evaluation oversight
6.3 Chief Patron (Principal – SRIET)
  • Final institutional approval authority
  • Infrastructure and academic facilitation
  • Strategic oversight
6.4 College IIIC In-Charge
  • Day-to-day coordination within the institution
  • Department-wise implementation
6.5 Department Innovation Coordinators
  • Student identification and mentoring
  • Department-level ideation and prototype support
  • Progress reporting
6.6 SkillBlitz Execution Team
  • Scheme identification and application
  • Mentorship, prototyping, marketing, and compliance
  • Fund utilization and reporting

7. INCUBATION PROGRAM STRUCTURE

Stages of Incubation:
  1. Ideation & Validation
  2. Prototype / MVP Development
  3. Pre-Incubation & Pitch Readiness
  4. Incubation & Startup Formation
  5. Graduation / Exit

8. ELIGIBILITY

  • Students of SRIET (individual or team)
  • Faculty-student innovation teams
  • Early-stage startups supported by SkillBlitz

Priority shall be given to:

  • Technology-based solutions
  • Social impact & sustainability ideas
  • Women and rural innovators

9. SELECTION PROCESS

  • Open call / department nomination
  • Screening by Department Innovation Coordinators
  • Evaluation by IIIC
  • Final approval by Chief Patron / Chairman (as applicable)

10. DURATION OF INCUBATION

  • Ideation / Pre-Incubation: 3–6 months
  • Incubation: 6–24 months
  • Extensions subject to IIIC approval

11. SUPPORT & FACILITIES

Incubatees may receive:

  • Mentorship & expert guidance
  • Access to labs, tools, and infrastructure
  • Training, workshops, and bootcamps
  • Grant, CSR & scheme facilitation
  • Business, legal, IPR & marketing support

12. FINANCIAL SUPPORT & FUND UTILIZATION

  • Funds may be provided through CSR, Government grants, or institutional support
  • Disbursement shall be milestone-based
  • All utilization shall comply with CSR & Grant Utilization Policy

13. INTELLECTUAL PROPERTY RIGHTS (IPR)

  • IP shall primarily vest with the incubatee(s)
  • SkillBlitz / SRIET shall not claim ownership unless agreed separately
  • Any revenue sharing or equity shall be governed by separate agreements

14. MONITORING & REVIEW

  • Periodic reviews by IIIC
  • Performance documentation
  • Non-performing incubatees may be exited

15. EXIT POLICY

Exit may occur on:

  • Successful completion
  • Mutual consent
  • Non-compliance or underperformance

16. CONFIDENTIALITY & ETHICS

All stakeholders shall:

  • Maintain confidentiality
  • Follow ethical practices
  • Comply with applicable laws

17. AMENDMENT & REVIEW

This policy may be amended by the Board of Directors of SkillBlitz Innovation Foundation based on recommendations from IIIC.

18. GOVERNING LAW

This policy shall be governed by the laws of India.

19. BOARD APPROVAL & SIGNATURE

Approved by the Board of Directors of SkillBlitz Innovation Foundation.

NAME

DESIGNATION

SIGNATURE

DATE

Mr.RAMESH SUBBURAJ

CEO/FOUNDER




 

Dr.G.KIRUTHIKA

DIRECTOR





 

DR.H.GANESAN

CHIEF PATRON





 

DR.A.SURESHKUMAR

IIC IN-CHARGE





 

IPR & Technology Transfer Policy

Applicable to SkillBlitz Innovation Foundation and Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this Intellectual Property Rights (IPR) & Technology Transfer Policy is to encourage innovation, protect intellectual assets, promote commercialization, and ensure fair ownership, benefit sharing, and ethical use of intellectual property generated through SkillBlitz-managed programs and SkillBlitz–SRIET collaborative activities under the existing MoU.

2. Applicability (MoU-Based)

This policy applies to:

  • All innovations, research, and technology outcomes generated by SkillBlitz
  • All joint projects, incubation programs, research, and innovation initiatives executed with SRIET under the MoU
  • Students, faculty, researchers, mentors, consultants, and staff associated with such programs

3. Objectives

The objectives of this policy are to:

  • Promote a culture of innovation and entrepreneurship
  • Protect intellectual property generated through programs and projects
  • Enable effective technology transfer and commercialization
  • Define ownership, rights, and revenue sharing
  • Ensure compliance with funding agency, CSR, and statutory requirements

4. Types of Intellectual Property Covered

This policy covers, but is not limited to:

  • Patents (products, processes, systems)
  • Copyrights (software, content, documentation, designs)
  • Trademarks (names, logos, brands)
  • Industrial designs
  • Trade secrets and know-how

5. Ownership of Intellectual Property

A. Student-Owned IP
  • IP developed solely by students without use of SkillBlitz/SRIET-funded resources shall generally vest with the student(s).
  • SkillBlitz/SRIET may retain a non-exclusive, royalty-free right for academic, research, or non-commercial use (if applicable).
B. Jointly Developed IP
  • IP developed using SkillBlitz and/or SRIET infrastructure, funding, mentorship, or incubation support shall be jointly owned, unless otherwise specified in a separate agreement.
  • Ownership proportions shall be decided based on contribution and documented in writing.
C. Sponsored / Grant-Funded IP
  • IP generated under CSR or government grants shall follow specific scheme or donor guidelines.
  • Where required, rights may vest with the funding agency, with usage rights granted to SkillBlitz/SRIET.

6. Disclosure of Inventions

  • All inventors shall promptly disclose inventions or innovations to:
    • The IPR / Incubation Committee of SkillBlitz, and
    • The designated SRIET authority for joint programs
  • Disclosure shall be made before any public disclosure, publication, or commercialization.

7. IP Protection & Filing

  • SkillBlitz shall facilitate:
    • Patent searches and prior art analysis
    • Filing of patents, copyrights, or designs
    • Legal and procedural support
  • Costs related to IP filing may be:
    • Borne by SkillBlitz / SRIET / funding agency, or
    • Shared with inventors, as approved and documented

8. Technology Transfer & Commercialization

  • Technology transfer may be undertaken through:

    • Licensing (exclusive or non-exclusive)
    • Assignment of IP rights
    • Startup creation and incubation
    • Industry partnerships or collaborations

    All technology transfer agreements shall:

    • Be approved by the competent authority
    • Clearly define scope, duration, territory, and consideration

9. Revenue & Benefit Sharing

  • Revenue generated from commercialization shall be shared among:
    • Inventors
    • SkillBlitz
    • SRIET (for joint programs)
  • Revenue-sharing ratios shall be:
    • Fair and transparent
    • Approved by the competent authority
    • Documented in a separate agreement

10. Startups & Incubation IP

  • IP created by incubated startups shall generally belong to the startup entity.
  • SkillBlitz/SRIET may retain:
    • Equity, royalty, or usage rights, if agreed under incubation terms.
  • Startup IP shall comply with investor, grant, and statutory obligations.

11. Confidentiality & Publication

  • Confidential information shall not be disclosed without authorization.
  • Academic publication shall be permitted after IP protection filing, wherever applicable.
  • All parties shall respect confidentiality obligations under this policy.

12. Conflict of Interest

  • Individuals involved in IP evaluation or commercialization shall:
    • Disclose any conflict of interest
    • Recuse themselves where conflict exists

This policy shall be read along with the Conflict of Interest Policy of SkillBlitz.

13. Dispute Resolution

  • Any disputes related to IP ownership or commercialization shall be:
    • Resolved amicably through mutual discussion
    • Referred to arbitration or legal remedy, if required, as per applicable law

14. Compliance with Grants & Regulations

  • IP and technology transfer activities shall comply with:
    • CSR regulations
    • Government grant conditions
    • National and international IP laws
  •  

15. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated to align with regulatory or funding agency changes
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

16. Adoption & Effective Date

This IPR & Technology Transfer Policy is hereby adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

Monitoring, Evaluation & Impact (M&E) Policy

Applicable to SkillBlitz Innovation Foundation and Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this Monitoring, Evaluation & Impact (M&E) Policy is to establish a systematic, transparent, and evidence-based framework to monitor program implementation, evaluate outcomes, and measure the academic, economic, and social impact of initiatives implemented by SkillBlitz Innovation Foundation, including those executed jointly with SRIET under the existing MoU.

2. Applicability (MoU-Based)

This policy applies to:

  • All SkillBlitz-managed programs and projects
  • All CSR, government grant, incubation, innovation, training, and research initiatives
  • All SkillBlitz–SRIET collaborative programs implemented under the signed MoU

3. Objectives

The objectives of the M&E Policy are to:

  • Ensure effective implementation of approved programs
  • Track physical and financial progress against planned targets
  • Assess outcomes and measurable impact
  • Enable timely corrective actions and continuous improvement
  • Ensure accountability to donors, government agencies, and stakeholders

4. M&E Framework

The M&E framework shall include the following components:

A. Input Monitoring
  • Funds deployed
  • Human resources engaged
  • Infrastructure, tools, and resources utilized
B. Output Monitoring
  • Number of students trained / supported
  • Programs, workshops, hackathons, or incubation activities conducted
  • Prototypes, projects, or startups supported
C. Outcome Evaluation
  • Skill enhancement and employability outcomes
  • Startup formation and incubation progress
  • Research outputs, IP filings, or technology development
D. Impact Assessment
  • Long-term employment or entrepreneurship outcomes
  • Social, economic, and regional development impact
  • Inclusion of women, rural youth, and underrepresented groups

 

5. Key Performance Indicators (KPIs)

Indicative KPIs may include:

  • Enrollment vs completion rates
  • Placement, internship, or startup success rates
  • Revenue or funding generated by incubated startups
  • Number of patents, products, or market-ready solutions
  • CSR / grant utilization efficiency
  • Beneficiary satisfaction levels

KPIs shall be defined program-wise and documented.

6. Roles & Responsibilities

A. Program Coordinator
  • Collect data and prepare periodic progress reports
  • Track milestones and deliverables
B. M&E / Review Committee
  • Review performance against targets
  • Validate outcomes and impact data
  • Recommend improvements or corrective actions
C. Management / Governing Authority
  • Approve reports and impact statements
  • Review strategic outcomes and compliance

For joint programs, SRIET’s designated representative shall participate in review as per the MoU.

7. Data Collection & Documentation

  • Data shall be collected through:
    • Attendance records
    • Progress and completion reports
    • Financial utilization statements
    • Surveys, feedback, and assessments
  • All data shall be:
    • Accurate and verifiable
    • Properly documented and archived for audit purposes

8. Reporting Mechanism

  • Reports may include:
    • Monthly or quarterly progress reports
    • Financial utilization reports
    • Outcome and impact reports

 

  • Reports shall be submitted to:
    • SkillBlitz Management
    • CSR donors and funding agencies
    • Government authorities, where required

9. Evaluation & Review Cycle

  • Ongoing monitoring shall be conducted throughout the project lifecycle
  • Mid-term evaluation may be conducted for long-duration projects
  • Final evaluation and impact assessment shall be conducted upon project completion

Findings shall be used for:

  • Program improvement
  • Decision-making for scaling or replication

10. Corrective Action & Learning

  • Deviations or underperformance shall be:
    • Identified early
    • Addressed through corrective action plans
  • Best practices and lessons learned shall be:
    • Documented
    • Integrated into future programs

11. Transparency & Disclosure

  • Summary impact reports may be:
    • Shared with stakeholders
    • Published on institutional platforms, where appropriate
  • All disclosures shall respect confidentiality and data protection norms.

12. Audit & Compliance

  • M&E data and reports shall:
    • Support statutory, CSR, and grant audits
    • Be available for inspection by authorized agencies
  • Compliance with donor and regulatory reporting formats shall be ensured.

13. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated in line with regulatory, donor, or operational changes
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

14. Adoption & Effective Date

This Monitoring, Evaluation & Impact (M&E) Policy is hereby adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

Procurement & Vendor Selection Policy

Applicable to SkillBlitz Innovation Foundation and Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this Procurement & Vendor Selection Policy is to ensure that all procurement activities carried out by SkillBlitz Innovation Foundation are conducted in a transparent, fair, competitive, cost-effective, and accountable manner, while ensuring compliance with CSR guidelines, government grant norms, and institutional governance standards.

This policy also governs procurement under SkillBlitz–SRIET collaborative programs executed as per the existing MoU.

2. Applicability (MoU-Based)

This policy shall apply to:

  • All procurement undertaken by SkillBlitz Innovation Foundation
  • All purchases under CSR, government grants, sponsored projects, and incubation programs
  • All joint procurement activities executed with SRIET under the signed MoU

3. Scope

This policy covers procurement of:

  • Goods (equipment, tools, lab items, furniture, consumables)
  • Services (training, consultancy, mentoring, audit, legal, digital services)
  • Works (minor civil works, installation, setup related to approved projects)
  • Software licenses, subscriptions, and digital platforms

4. Procurement Principles

All procurement shall be guided by the following principles:

  • Transparency and fairness
  • Value for money
  • Competitive bidding
  • Accountability and documentation
  • Avoidance of conflict of interest
  • Compliance with donor, grant, and statutory requirements

5. Procurement Authority & Roles

  • The CEO / Authorized Signatory of SkillBlitz shall have overall procurement authority.
  • The Procurement / Finance Committee shall:
    • Review and approve procurement proposals
    • Ensure compliance with budgets and guidelines
  • For joint programs, procurement shall be coordinated with SRIET’s designated representative, as per the MoU.

6. Procurement Methods

A. Direct Purchase (Low-Value)
  • Permitted for small-value or routine items.
  • Must be supported by quotation, invoice, and approval note.
B. Quotation-Based Procurement
  • Minimum two to three quotations shall be obtained.
  • Comparative statement shall be prepared.
  • Selection shall be based on cost, quality, delivery, and compliance.
C. Competitive / Tender-Based Procurement
  • Applicable for high-value or specialized procurements.
  • Transparent tendering or open bidding process shall be followed.
  • Evaluation shall be documented.

 

D. Single-Source Procurement
  • Permitted only when:
    • Specialized or proprietary items are required
    • Approved by the competent authority
  • Justification shall be recorded in writing.

7. Vendor Selection Criteria

Vendors shall be evaluated based on:

  • Legal and statutory compliance
  • Experience and technical capability
  • Cost competitiveness and value proposition
  • Quality standards and delivery timelines
  • Past performance and references
  • After-sales service and support

Preference may be given to:

  • MSME-registered vendors
  • Women-led or socially inclusive enterprises (where permissible)

8. Conflict of Interest & Ethical Standards

  • Individuals involved in procurement shall:
    • Declare any actual or potential conflict of interest
    • Refrain from influencing decisions where conflict exists
  • Procurement decisions shall not be influenced by:
    • Personal relationships
    • Gifts, commissions, or inducements

9. Documentation & Record Keeping

The following documents shall be maintained:

  • Purchase requests and approvals
  • Quotations / tenders and comparative statements
  • Work orders / purchase orders
  • Invoices, delivery challans, and completion certificates
  • Payment records and bank proofs

All records shall be preserved as per statutory and audit requirements.

10. Payment Terms

  • Payments shall be made only after:
    • Receipt and verification of goods/services
    • Submission of valid invoices
  • Payments shall be:
    • Through bank transfer / cheque / approved digital modes
    • In compliance with budget approvals and grant conditions

11. Asset & Inventory Management

  • Assets procured shall be:
    • Recorded in an Asset Register
    • Tagged and periodically verified
    • Used strictly for approved project or institutional purposes

12. Monitoring, Audit & Compliance

  • Procurement activities shall be:
    • Subject to internal review
    • Audited during statutory, CSR, or grant audits
  • Any deviations shall be:
    • Reported to Management
    • Corrected with documented justification

13. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated to align with regulatory or donor requirements
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

14. Adoption & Effective Date

This Procurement & Vendor Selection Policy is hereby adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

Student Stipend & Fellowship Policy

Applicable to SkillBlitz Innovation Foundation and Collaborative Programs with Sri Ranganathar Institute of Engineering and Technology (SRIET)

1. Purpose

The purpose of this Student Stipend & Fellowship Policy is to provide a transparent, fair, and structured framework for awarding stipends and fellowships to students participating in training, internship, incubation, innovation, research, entrepreneurship, and skill-development programs implemented by SkillBlitz Innovation Foundation.

This policy also governs stipend and fellowship support for joint programs executed with SRIET under the existing MoU, ensuring compliance with CSR norms, government grant guidelines, and audit requirements.

2. Applicability (MoU-Based)

This policy shall apply to:

  • Students enrolled in SkillBlitz-managed programs
  • Students participating in CSR, grant-funded, incubation, or innovation initiatives
  • Students engaged in SkillBlitz–SRIET collaborative programs under the signed MoU

3. Objectives

The objectives of this policy are to:

  • Support students financially during skill development and innovation activities
  • Encourage participation in internships, incubation, and research programs
  • Promote entrepreneurship, employability, and inclusive growth
  • Enable access for rural, women, and economically weaker students
  • Ensure accountable utilization of CSR and grant funds

4. Categories of Support

A. Student Stipend

Financial support provided to students engaged in:

  • Internships (paid / supported)
  • Skill development or project-based training
  • Incubation and startup development activities
B. Student Fellowship

Merit- or project-based financial support provided for:

  • Research and innovation projects
  • Long-term incubation or startup programs
  • Social impact, sustainability, or technology initiatives

5. Eligibility Criteria

Students may be eligible based on:

  • Enrollment in approved SkillBlitz or SkillBlitz–SRIET programs
  • Attendance and active participation
  • Performance, milestones, or deliverables
  • Compliance with grant / CSR scheme guidelines
  • Recommendation by program coordinator or committee

Priority may be given to:

  • Women students
  • Rural background students
  • SC / ST / EWS categories (as per scheme norms)

6. Stipend & Fellowship Structure (Indicative)

  • Internship / Training Stipend – Monthly or project-based
  • Incubation / Startup Stipend – Milestone-linked
  • Research / Innovation Fellowship – Fixed-term or deliverable-based

Rates shall be approved by the Authorized Authority of SkillBlitz and documented for each program.

7. Selection & Approval Process

  • Students shall be selected based on:
    • Application / nomination
    • Evaluation of eligibility and merit
    • Availability of funds
  • Approvals shall be granted by:
    • SkillBlitz Management / Authorized Signatory
    • Relevant committee for CSR or grant-funded programs
  • For joint programs, selection may be coordinated with SRIET’s designated representative, as per the MoU.

8. Payment Procedure

  • Stipends and fellowships shall be:
    • Disbursed through bank transfer or approved digital modes
    • Paid monthly, quarterly, or milestone-based
  • Payments shall be supported by:
    • Attendance records
    • Progress reports / deliverables
    • Sanction and approval documents

9. Performance Monitoring & Continuation

  • Continuation of stipend or fellowship shall depend on:
    • Regular attendance
    • Achievement of milestones
    • Satisfactory performance and conduct
  • Support may be:
    • Suspended or discontinued for non-performance, misconduct, or violation of guidelines

10. Compliance with CSR & Grant Guidelines

  • Stipend and fellowship payments under CSR or grant projects shall:
    • Strictly adhere to sanctioned budgets and heads
    • Be reported in utilization certificates and financial statements
    • Follow donor and government agency norms

11. Ethics, Discipline & Misuse

  • Students shall:
    • Use the support solely for approved academic / innovation purposes
    • Maintain discipline and ethical conduct
  • Any misuse, false reporting, or misconduct may result in:
    • Immediate discontinuation
    • Recovery of funds
    • Disqualification from future programs

12. Records & Documentation

The following records shall be maintained:

  • Student applications and selection records
  • Sanction letters / approval notes
  • Attendance and progress reports
  • Payment proofs and bank statements

Records shall be preserved for audit and compliance purposes.

13. Policy Review & Amendments

This policy shall be:

  • Reviewed periodically by SkillBlitz Management
  • Updated to reflect regulatory, donor, or program changes
  • Applicable to all ongoing and future SkillBlitz–SRIET collaborative programs

14. Adoption & Effective Date

This Student Stipend & Fellowship Policy is hereby adopted by SkillBlitz Innovation Foundation and shall come into force with immediate effect.

Refund & Cancellation Policy

Skillblitz Innovation Foundation operates training, incubation, mentorship, and innovation programs that involve resource allocation, faculty engagement, and infrastructure planning. Therefore, refunds are limited and conditional.

1. Program Fees

All fees paid towards:

* Training programs
* Workshops
* Incubation/mentorship
* Events or bootcamps

are considered service-based fees, not product purchases.

2. Refund Eligibility

Refunds are applicable only if:

* The program is cancelled by Skillblitz
* The applicant is rejected after payment due to eligibility failure
* Duplicate or excess payment is made

Refund requests must be raised within 7 days of payment.

3. Non-Refundable Cases

No refunds will be provided if:

* The participant withdraws voluntarily
* Non-attendance or partial attendance occurs
* Program access, materials, or sessions have started
* Delay or dissatisfaction due to personal reasons
* Placement expectations are not met (placements are assistance-based, not guaranteed)

This is non-negotiable.

4. Cancellation by Skillblitz

If Skillblitz cancels a program:

* Eligible fees will be refunded after deducting administrative charges (if any)
* Refunds will be processed within 10–15 working days

5. Refund Process

Approved refunds will be made to the original payment method only.
Skillblitz is not responsible for delays caused by banks or payment gateways.

6. Disputes

Any dispute related to refunds or payments will be subject to the jurisdiction of Tamil Nadu, India.

7. Final Authority

Skillblitz Innovation Foundation reserves the final right to accept or reject refund requests based on policy compliance.

Hard advice (don’t ignore this):

* Do NOT promise “100% refund” anywhere
* Do NOT guarantee placements
* Add these policies visibly before payment pages
* Make users tick “I agree” — legally important

If you want, I can:

* Simplify this for students (easy-language version)
* Convert this into legal-grade format
* Align it with CSR / donor compliance