MoU for Establishment of Centre of Excellence in Entrepreneurship Development

Vision

To be a world-class, state-of-the-art, Government, Industry and Academia driven Virtual and Actual Entrepreneurship Development Resource, Support and Guidance Platform that Enables Foundation and Growth of Successful start-ups.

Mission

To evolve and leverage Government, Industry and Academia partnership in development and growth of India’s start-up ecosystem with end-to-end support at a single platform aiming to faster transformation of business ideas to successful ventures impacting social and economic development through employment generation and wealth creation.

It's a dream come true for…

Students

Now they get trained with a perspective of job creators rather than job seekers. This mind set is very important in the present day of pandemic and a delicate array of business challenges.

Faculty

The prime outcome of research is still the quality of publications. Now they will be exposed to take it further from desk and shelves of Library to market feasible products that are tangible and will actually culminate in benefiting the lives of many a common people

Leaders in Universities

The ranking, rating and accreditations are all oriented to measure the outcome from the educational institutions towards the society. This platform is one of the best ways that education, academia and research will reach the general public. That is through translational research and new start-ups which will bring newer processes and products.

Common Man

His life will be better with evidence based effective, efficient and affordable newer technology-based products changing his lifer styles for better.

Industries

every process, product or service directly or indirectly will impact the production in the industries. The evidence based, research tested technologies will make this production process easier and faster.

In all the thrust on entrepreneurship that the NEP 2020 has laid immense focus on will be realised through this centre of excellence in Entrepreneurship development.

Objectives of the Centre of Excellence

  • Strengthen Start-up Ecosystem in the region through policy research and recommendations to State Government to ensure ease of starting - doing – closing new businesses.
  • Attract most innovative start-ups to collaborate with government and corporate sectors and grow at different levels
    • Level 1: Entrepreneurship promotion through awareness programs, workshops, webinars on idea generation, government schemes, financial formalities and marketing skills and avenues
    • Level 2: Specific domain identification and handholding for focused detailed project report preparation to identified schemes culminating with submission process.
    • Level 3: Channelizing them to market and promotion though connect to the financial institutions.
  • Provide state-of-the-art working space and experience for budding start-ups to work from and all-round support to mature and grow their businesses
  • Help corporate to identify suitable budding start-ups for forging business partnerships and work with start-ups at the co-working space
  • Help investors to select potential budding start-ups for investing
  • Build partnership with national and international universities for imparting knowledge to and capacity development of budding start-ups.
  • Create a soft-landing platform for innovative start-ups from across the world to co-develop products and services for Indian market in collaboration with identified start-ups and similarly facilitating Indian start-ups soft-landing in other countries to access global market.
  • Work with Central government and state governments to create enabling ecosystem for growth of start-up and employment generation
  • Special emphasis on deep tech start-ups in pharma and medical devices manufacturing sector by creating a pool of potential start-ups from young researcher community and help them developing business plans and with investment
  • Serve as a Knowledge Centre for preparing and empowering potential entrepreneurs in the region through various capacity building programs and convert job seekers to job creators
  • Introduce the industrial cluster development model (including cluster development executives' concept) leading to formulation of cluster development scheme.
  • Skill Development Interventions for youth empowerment