Institution's Innovation Council (IIC)
The Institutions Innovation Council (IIC) was established by the Ministry of Education (MoE) to foster a culture of innovation and promote a startup ecosystem within educational institutions. Collaborating with the AICTE, the MoE aims to enhance innovation in Higher Educational Institutions (HEIs). The IIC’s primary goal is to engage teachers, students, and staff in various activities related to innovation and entrepreneurship. These activities include problem-solving, creativity, design thinking, proof of concept development, intellectual property rights (IPR), and project management during pre-incubation and incubation stages. The initiative seeks to build and sustain a robust innovation and entrepreneurship ecosystem in HEIs.
Objectives of IIC
- Establish a vibrant regional innovation environment.
- Support startup mechanisms within Higher Educational Institutions (HEIs).
- Develop an ecosystem for concept scouting and idea pre-incubation while enhancing students’ cognitive skills in technology.
Functions of IIC
- Promote innovation within the institution through diverse initiatives.
- Implement various innovation and entrepreneurship initiatives as directed by the Central MIC, adhering to timelines.
- Create a mentorship network for student innovators by organizing regular workshops, seminars, and interactions with investors, entrepreneurs, and professionals.
Benefits of IIC
- Minimal capital investment is required to establish the IIC, as it leverages the existing local ecosystem.
- Students and faculty affiliated with the IIC gain exclusive access to a range of innovation programs and competitions organized by the MHRD.
- Opportunities to develop and test innovative ideas.
- Mentorship from industry experts.
- Hands-on experience with new and cutting-edge technologies.
- Exposure to diverse environments and cultures.