Innovation and entrepreneurship need to emerge as one of the focal points of our education system and Ministry of Human Resource making every possible effort to achieve this goal. The ‘National Innovation and Start-up Policy’ (NISP) intends to guide HEIs for promoting students’ driven innovations & start-ups and to engage the students and faculty in innovation and start up activities in campus. It highlights various important and practical aspects of promoting and supporting innovation, technology commercialization and startups. The policy aims at enabling HEIs to build, streamline and strengthen the innovation and entrepreneurial ecosystem in campus and will be instrumental in leveraging the potential of student’s creative problem solving and entrepreneurial mind-set, and promoting a strong intra and inter-institutional partnerships with ecosystem enablers and different stakeholders at regional, national and international level. The policy is being implemented by MoE’s Innovation Cell and in coordination AICTE, UGC, state/ UT governments and universities.
The policy has three phases such as policy formulation, policy implementation by Institution’s Innovation Council (IIC) and policy impact creation by Atal Ranking of Institution on Innovation Achievement (ARIIA). This document will pave the way for developing and supporting an entrepreneurial culture in all the higher education institutions of India.