The 'National Innovation and Start-up Policy 2019 for students and faculty in HEIs was launched by Hon'ble Minister of Education, Shri Ramesh Pokhriyal 'Nishank' on 11th September 2019 at AICTE, New Delhi.
This policy 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. The policy aims at enabling HEIs to build, streamline, and strengthen the innovation and entrepreneurial ecosystem in campus. It will be instrumental in leveraging the potential of students' creative problem-solving and entrepreneurial mindset, and promoting strong intra and interinstitutional partnerships with ecosystem enablers and different stakeholders at regional, national, and international levels.
The policy is being implemented by MoE's Innovation Cell in coordination with AICTE, UGC, state/ UT governments, and universities. Implementation of the policy has been undertaken for quick adoption by HEIs. The present policy is a way forward to the earlier version of AICTE's Start-up Policy, launched in 2016, to complement the Startup Action Plan under the Startup India and Stand-up India Program initiated by Hon'ble Prime Minister of India.