Home  Programmes   Institute Innovation Cell (IIC)

National Innovation and Start-up Policy (NISP)


The 'National Student and Faculty Start-up Policy-2019' is initiated by MHRD’s Innovation Cell and AICTE. It is a guiding framework to envision an educational system oriented toward start-ups and entrepreneurship opportunities for students and faculties.

The guidelines provide ways for developing entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing, and equity sharing in Start-ups or enterprises established by faculty and student and encourage them to actively pursue the path of innovation and entrepreneurship

Our vision is to develop high-quality technical human resources capable of doing cutting-edge research and innovation and deep-tech entrepreneurship.


To establish a vibrant and dynamic Start-up Ecosystem across all the departments.

To enable the institute to actively engage students, faculties and staff in innovation and entrepreneurship-related activities.

To create a space for Collaboration, Co-creation, Business Relationships and Knowledge Exchange.

To facilitate the institute in terms of Intellectual Property (IP) ownership management, technology licensing and equity sharing.


Innovation Development

Entrepreneurship Exposure and Skills Development

Support Facilities for Start-up Services

Inter-Institutional Partnership

Network with Regional and National Start-up Eco-System

Industry Support, Corporate & Private Partnership Linkage

Technology Commercialization

Long-term Goals:

Innovation, Pre-incubation, Incubation and Startup facilities on the campus

Academic courses offered by the institute on Innovation, IPR and Start-ups

Obtaining scientific and technical patents by Incubators and Startups

Collaboration, Co-Creation and Technology Exchange and Commercialization

Emerging successful Innovation and Start-ups from the Institute

Increase technical employment rate through self-employment by Startups

Developing Key Performance Indicators (KPIs) for Entrepreneurial Performance Impact Assessment.

Creating societal, ethical, and technological entrepreneurs through National Innovation and Start-up Policy.


Inculcating awareness of Innovation and Start-ups among students and faculties

Imparting education on Innovation and Entrepreneurship development

Providing State-of-art facilities

Enterprise Support from Corporate Social Responsibility(CSR)

Arena with skilled professionals to make Industry ready.

Constituting Advisory Services Committee to address grievances

Promoting active Research & Advocacy

Inter-Department linkages and Inter-Institutional Linkages


Organize Workshops /Lectures/Seminars/eTalk/Boot Camp etc

Conduct Online and Class Room Education and Training& Mentoring

Integration of Experiential Learning

Establishment of Start-up Cell

Scout, Recognize Support Ideas, Innovation and Startups

Innovation and Start-up Repository Build-up

Setup Advisory Service Expert Pool

Training-FDPs and EDPs

Incentives for experts from Industry

Research Studies and Advocacy Programs

Mentor, Start-up Cell Network, Business & Referral Service

Convergence and Leverage for Govt. Schemes and Programs

Organize National and Regional Level Events

Thrust Areas of NISP 2019

Strategies and Governance for Promoting Innovation & Entrepreneurship

Creating Innovation Pipeline and Pathways for Entrepreneurs.

Building Organizational Capacity, Human Resources, and Incentives.

Collaboration Co-creation and Business Relationship and Knowledge Exchange.

Norms for Faculty and Students Driven Innovations and Startups

Incentivizing Students for Innovation and Entrepreneurship

Incentivizing Faculties & Staff for Innovation and Entrepreneurship

Norms for Faculty Startup

Incubation & Pre-Incubation Support Facility Creation and Access

IP Ownership Rights for Technologies Developed at Higher Educational Institutions.

Pedagogy and Learning Interventions for Entrepreneurship Development

Entrepreneurial Performance Impact Assessment

About us

With a mission to impart the quality technical education to each and every segment of society, ReddyJana Sangha coveted dream came into existence in 1999 with the beginning of Vemana Institute of Technology, guided by KRJS Management.

All Rights Reserved To Vemana IT