30 September, 2020

For The Innovative, There Is Life Beyond IITs, IIMs, Welcome To The World Of Prayaas Shala

A dynamic culture of entrepreneurship and innovation is emerging in Indian universities. Increasingly, research products are becoming marketable

Innovation Central
Lab at Munjal University
Photograph by Tribhuvan Tiwari
For The Innovative, There Is Life Beyond IITs, IIMs, Welcome To The World Of Prayaas Shala
outlookindia.com
2019-06-08T18:43:39+05:30

It is an interesting time to be in an Indian university. Innovation and invention are no more the privilege of government-run premier institutions like IITs and IIITs. Nudged by the desire of students and the government to develop centres of research, private colleges and universities are also creating infrastructure to nurture innovation. Instead of just preparing students for the job market, many are initiating them on the path of entrepreneurship, helping them patent their innovations and license those to industries for commercialisation.

“Students are increasingly interested in materialising their ideas and launching startups. So many universities and colleges not supported by the government are developing infrastructure on their own to promote innovation and entrepreneurship,” says H.K. Mittal, adviser and member secretary, National Science & Technology Entrepreneurship Development Board (NSTEDB).

The board has an innovative programme called Prayaas, which promotes young and aspiring entrepreneurs. Under the initiative, innovators get grants of...

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