Organized by: Department of Mechanical Engineering

Fest Name: Orientation Session on

National Innovation and Startup Policy (NISP) for Students and Faculty

Date: 21th February 2022


In November 2016, All India Council of Technical Education (AICTE) released a Startup Policy document for AICTE approved institutions, to address the need of inculcation of innovation and entrepreneurial culture in higher education institutions (HEIs). The policy primarily focused on guiding the AICTE approved institutions in implementing ‘Startup Action Plan’ of Government of India.


The ‘National Student and Faculty Startup policy 2019’ is a guiding framework to envision an educational system oriented towards startups and entrepreneurship opportunities for student and faculties. The guidelines provide ways to Indian HEIs for developing entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing and equity sharing in Startups or enterprises established by faculty and students.

In the orientation session following points are discussed in detail

National Innovation and Startup Policy 2019 for Students and Faculty

  • Strategies and Governance
  • Startups Enabling Institutional Infrastructure
  • Nurturing Innovations and Start ups
  • Product Ownership Rights for Technologies Developed at Institute
  • Organizational Capacity, Human Resources and Incentives
  • Creating Innovation Pipeline and Pathways for Entrepreneurs at Institute Level
  • Norms for Faculty Startups
  • Pedagogy and Learning Interventions for Entrepreneurship Development
  • Collaboration, Co-creation, Business Relationships and Knowledge Exchange
  • Entrepreneurial Impact Assessment


 . 1. Objectives of the Event

  • Exposure to students and faculty on National Innovation and Startup Policy (NISP).
  • Information regarding Involvement of Students and Faculty of Higher Education Institutions (HEIs) to actively engage innovation and entrepreneurship related activities.
  1. Name of the resource person with designation and organization

Outcome/s of the event:


Students and faculty understood the need of innovation and entrepreneurship and their active involvement in implementation of National Innovation and Startup Policy (NISP)