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Innovation and Entrepreneurship

National Innovation and Startup Policy - NISP

ABOUT NISP

The ‘National Innovation and Startup Policy (NISP) 2019 was launched by former Minister of Education, Shri Ramesh Pokhriyal " Nishank " on 11th September 2019 at AICTE, New Delhi for the students and members of faculty in Higher Education Institutions (HEIs). It is an initiative by MHRD’s Innovation Cell and All India Council for technical Education with a guiding framework to envision an educational system oriented toward start-ups and entrepreneurship opportunities for students and members of faculty.

The guidelines provide ways for developing entrepreneurial mindset among students and faculty, managing Intellectual Property Rights (IPR) ownership, technology licensing, and equity sharing in Start-ups or enterprises established by faculty and student and encourage them to actively pursue the path of innovation and entrepreneurship.

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