National Innovation and Startup Policy (NISP)

Vision

Our vision is to create an environment that is conducive for Innovation and Entrepreneurship among students, faculty and guide them towards successful start-ups and enterprises and cutting edge research.

Mission

  • 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.

Objectives

  • 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

Short-term Goals

  • Developing critical thinking skills to motivate students and faculties with entrepreneurial abilities.
  • Building Innovation and Incubation ecosystem by providing resources available at the Institute.
  • In-house competency development to serve the potentiality of the incubators.
  • Strengthen the intra and inter-institutional linkage with ecosystem enablers at different levels.
  • Defining Key Performance Indicators (KPIs) for Entrepreneurial Performance Impact Assessment.

Long-term Goals

  • Innovation, Pre-incubation, Incubation and start-up facilities on the campus
  • Academic courses offered by the institute on Innovation, IPR and Start-ups
  • Obtaining scientific and technical patents by Incubators and Start-ups
  • 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 Start-ups
  • Developing Key Performance Indicators (KPIs) for Entrepreneurial Performance Impact Assessment.
  • Creating societal, ethical, and technological entrepreneurs through National Innovation and Start-up Policy.

Deliverables

  • Inculcating awareness of Innovation and Start-ups and research among students and faculties
  • Imparting education on Innovation and Entrepreneurship development Providing State-of-art facilities
  • 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

Promotion

  • 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 Start-ups
  • 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

  1. 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. 
  2. Norms for Faculty and Students Driven Innovations and Start-ups
    • Incentivizing Students for Innovation and Entrepreneurship
    • Incentivizing Faculties & Staff for Innovation and Entrepreneurship
  3. Incubation & Pre-Incubation Support Facility Creation and Access
  4. Pedagogy and Learning Interventions for Entrepreneurship Development
  5. Entrepreneurial Performance Impact Assessment

Processes and Mechanisms

Incubation support 

  • Creating facilities within the institution for supporting pre-incubationand Incubation/ acceleration by mobilizing resources from internal and external sources.
  • Provide business incubation facilities.
  • Laboratories,
  • Research facilities,
  • IT services,
  • Training and Mentoring Services, etc.

Student support 

  • Induction program about the importance of I&E to be conducted the first year students. So that freshly inducted students are made aware about the entrepreneurial agenda of the institute and available support systems
  • Student clubs/ committees/ departments for organizing competitions, boot camps, workshops, awards, etc.

Faculty Support

  • Institute would recruit staff that has strong innovation and entrepreneurial/ industrial experience, behaviour, and attitude. This will help in fostering an Innovation and Entrepreneurship culture.
  • Faculty and departments of the institutes have to work in coherence and cross-departmental linkages.
  • Faculty and staff should be encouraged to do courses on innovation, entrepreneurship management, and venture development.
  • Guest Lectures by Subject Matter Experts (SME) 

Networking or Collaborating Support

  • Providing support to students who show potential, in the pre-startup phase to link their start-ups and companies with a wider entrepreneurial ecosystem
  • Networking events to be organized to create a platform for budding entrepreneurs to meet investors and pitch their ideas.
  • Establishing a Start-up and Entrepreneur ecosystem with Collaboration, Co-creation, Business Relationships, and Knowledge Exchange.

NISP Implementation Committee

A committee has been formed by identifying the experts having expertise and experience in the domain of innovation and start-up to start the work of policy formation and implementation of guidelines at the institute. 

S.NO Name of the Faculty/Student Domain
1Pooja SahuSocial Media coordinator
2Spandita SarafInternship coordinator
3Jharana MishraConvenor
4Durgesh SatpathyARIIA Coordinator
5Spandita SarafStartup Activity coordinator
6Rohit SahooInternship coordinator Member
7Rani NayakStartup Activity coordinator
8Tirajraj NaikSocial Media coordinator

Enquiry Now


Imperial Click to Chat