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.
Entrepreneurship Exposure and Skills Development
Support Facilities for Start-up Services
Network with Regional and National Start-up Eco-System
Industry Support, Corporate & Private Partnership Linkage
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