Celebrating Golden Years

NISP

NATIONAL INNOVATION AND STARTUP POLICY

Mehr Chand Mahajan DAV College Incubation Centre, Chandigarh

Introduction

National Innovation and Startup Policy for students and faculty of Mehr Chand Mahajan DAV College for Women, Chandigarh enables the institute to actively engage faculty (teaching and non- teaching) and students in innovation and entrepreneurship related activities. The policy specifies the mechanism for the initiation of start-ups of the faculty and students under the umbrella of the College. The main focus of the policy is on design and innovation so as to safeguard academic integrity and research environment of the college.

Vision

The vision of the National Innovation and Start-up Policy of the college is to provide entrepreneurship knowledge, encourage students for innovations & start-ups and promote research for nation building.

Mission

The policy aims at enabling the college to build, streamline and strengthen the innovation and entrepreneurial ecosystem in campus and will be instrumental in leveraging the potential of science using student’s creative problem solving and entrepreneurial mind-set and promoting a strong intra and inter-institutional partnerships with ecosystem enablers and different stakeholders at regional, national and international level. The entrepreneurial ecosystem in the college plays key role in identifying, mentoring, nurturing innovative and entrepreneurial potential of faculty and students and transforming them into start-up entrepreneurs by providing avenues of funding, investment opportunities and networking support to make the innovation and venture successful.

Objectives

The main objectives of the entrepreneurship policy will be as follows:

To provide a platform to the faculty and students to pursue their own ideas towards becoming partners in economic development process.

To build entrepreneurship culture in the institution.

To promote knowledge based and innovation driven enterprises.

To promote employment opportunities amongst students.

To offer platform for dynamic start-ups by motivating educated youth to consider entrepreneurship as a preferred and viable career.

To support early phase of entrepreneurship development including the pre-start up as well as early post start-up phase and growing enterprises.

To ensure adequate availability and flow of information to potential entrepreneurs, eliminate entry and exit barriers, create a business friendly environment in order to reduce various kinds of compliances and regulations.

Scope

This policy covers and guide all the entrepreneurial activities of bonafide students (undergraduate and post graduate), alumni and faculty of the college.

StartUp Review Committee

Members of the review committee:

1. Principal/ Head of the institution

2. National Innovation and Start up cell Members

3. Two Entrepreneur as notified by the college

4. Legal advisor of the institution

National Innovation and Start up cell Members are:

Dr. Kiran Jindal

Dr. Arshdeep

Dr. Vandana Sharma

Dr. Ritika Bansal

Dr. Nidhi Tanwar

Dr. Sunaina Jain

Dr. Nisha Dawra