About PDKVCET ISP 2020
A Guiding Framework for Higher Education Institutions
According our Honourable Prime minister’s Atmanirbhar Bharat plan to create self-reliant nation, the Innovation and Startup Policy 2019 was promoted in Prince Dr. K. Vasudevan college of Engineering & Technology to enable the Institution to actively engage students, faculty members and staff in innovation and entrepreneurship related activities. This framework will also spell out the terms for Intellectual Property ownership, technology licensing and institutional Startup guidelines, thus enabling creation of a robust innovation and start up ecosystem across the Institution.
The policy was essentially intended to encourage AICTE-approved institutions in following the Government of India's "Startup Action Plan." Following the launch of the Startup policy by AICTE and consequent collaboration and feedback from education institutions, there was a necessity for a more complex and exhaustive policy steering policy that could be appropriate to all HEIs in India.The policy will assist PDKVCET for accomplishing its mission of developing industry-ready experts with the essential skill sets, a perspective of social and ethical obligation, and the potential to solve contemporary challenges with innovative ideas.
PDKVCET is committed to facilitate and create the technology entrepreneurs from the students of various disciplines of our institution who are coming out with innovative and viable business ideas / products, by providing them the facilities and mentorship assistance related to business such as marketing, technical and financial domains ”. Since Startup companies lack many resources, experience and networks, ED Cell provides services which help them to get through initial hurdles in starting up a business. These hurdles include space, funding, legal, accounting, computer services and other prerequisites to run the business. Based on the policy guidelines, a team of experts would review and select the start-up by considering its techno-commercial aspects.
INNOVATION AND STARTUP POLICY
The 'Innovation and Startup policy' is a guiding framework to envision an educational system oriented towards start-ups and entrepreneurship opportunities for student and faculty members. The guidelines provide ways for developing entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing and equity sharing in Startups or enterprises established by faculty and students. This policy framework shall motivate the young minds to indulge in innovation and pursue the entrepreneurial path for developing thyself and the Nation as a whole. Moreover, this policy document will guide the Institutions to attain the Prime Minister’ s vision of “ Atmanirbhar Bharat ”.