NISP

Components of Guiding Framework

• HEIs Strategies & Governance for Promoting Innovation & Entrepreneurship

• Creating Innovation Pipeline and Pathways for Entrepreneurs

• Building Organizational Capacity, Human Resources and Incentives to support and promote innovative and entrepreneurial activities

• Collaboration, Co-creation, Business Relationship and Knowledge Exchange within campus and among the ecosystem enablers co-exist at regional and national level

• Norms for Faculty & Students Driven Innovations and Startups

• Incentivizing Students for Entrepreneurship and Startup pursuits

• Incentivizing faculty and Staff for Entrepreneurship and Startup pursuits

• Incubation & Pre-incubation support and facility creation in HEIs

• IP ownership rights for technologies Development and transfer in HEIs

• Pedagogy and Learning Interventions for Innovation and Entrepreneurship Development

• Entrepreneurial Performance Impact Assessment

Highlighting features of the policy

• Creation of ‘Innovation fund’ for supporting innovative projects and Start-ups by allocating minimum 1% of institution’s total budget

• Academic break for a semester/ year to work on their startups Credits for working on innovative prototype/ business models

• 2% - 9.5% Equity/ stake in startup/ company by Institute’s incubator

• Complete Ownership of IPR by the inventors in case of non-usage of institute’s facilities/ resources

• Services to be offered by institution in lieu of equity, fee based or zero payment model

National Innovation and Startup Policy (NISP) Committee

The National Innovation and Startup Policy 2019 for students and faculty of Higher Education Institutions (HEIs) as a guiding framework will enable the institutes to actively engage students, faculties and staff in innovation and entrepreneurship related activities. The Advisory Committee of Atmiya University has decided to be a part of NISP framework which will facilitate Ministry of Human Resource Development (MHRD) in bringing uniformity across HEIs in terms of Intellectual Property ownership management, technology licensing and institutional Startup policy, thus enabling creation of a robust innovation and Start up ecosystem across all HEIs. As per the discussions held during the orientation sessions conducted on 11th and 29th January 2021 which were attended by our registered NISP National Coordinator, following committee is formed to implement, amend and monitor NISP implementation & activities. Members of the committee have agreed to support and share their expertise in successful implementation of NISP.