The Innovation and Entrepreneurship Development Centre (IEDC) is being promoted in educational institutions to develop institutional mechanism to create entrepreneurial culture inS&T academic institutions and to foster techno-entrepreneurship for generation of wealth and employment by S&T persons. The IEDCs are established in academic institutions (science colleges, engineering colleges, universities, management institutes) having requisite expertise and infrastructure.

The mission of the IEDCs is to “develop institutional mechanism to create entrepreneurial culture in academic institutions to foster growth of innovation and entrepreneurship amongst the faculty and students”.

The mission of the IEDC is to develop institutional mechanism to create entrepreneurial culture in academic institutions to foster growth of innovation and entrepreneurship among the faculty and students.

Objectives of the IEDC

• To act as an institutional mechanism for providing various services including information on all aspects of enterprise building to budding S&T entrepreneurs.
• To create Entrepreneurial culture in the Parent Institution and other institutions in the region and to promote the objectives of NSTEDB, including programmes related to women and weaker sections of the society.
• To inculcate a culture of innovation driven entrepreneurship through student projects.
• To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and micro enterprises.

The main objectives of IEDC are:

• To organise Entrepreneurship Awareness Camps, Entrepreneurship Development Programmes, Faculty Development Programmes and Skill Development Programmes in the institution.
• To initiate innovative student projects each year for new innovative product development.
• To guide and assist prospective entrepreneurs on various aspects such as preparing project reports, obtaining project approvals, loans and facilities from agencies of support system, information on technologies, etc.
• To arrange interaction with entrepreneurs and create a mentorship scheme for student entrepreneurs.
• To facilitate creation of entrepreneur’s club in each college to foster culture of entrepreneurship amongst students.
• The STIST IEDC have been conducting various programs such as idea Pitching, workshops, Hackathon etc.. to improve skills of students. Moreover, it also provides interaction with entrepreneurs so that students can share their queries and ideas regarding startup.

Staff in Charge : Dr Anju S

 Activities