Media Release
Udupi, Dec 20: The SMVITM incubation centre, in collaboration with the Entrepreneurship Development Cell and Institute Innovation Council inaugurated a 3-day FDP from December 16 to 18 on innovation and entrepreneurship.
The chief guest for the inaugural function was Dr Chandramouli, CEO, Atal Innovation Centre – Krishnadevaraya Uuniversity, Ananthpur, AP, along with other dignitaries on stage, who included Vishwas, director, SI8, Mangalore, Harish Belman, governing council member, SMVITM and Dr Thirumaleshwar Bhat, principal, SMVITM. Another expert resource person included Dr Shivakiran Makam, director, planning and collaborations, SI8, Mangaluru. The emcee for the event was Akshatha Rao, Asst Prof, department of electronics and communication, SMVITM.
The first day of the programme by Dr Mouli provided participants with valuable insights into the innovation landscape, a design thinking workshop, and exposure to the start-up and incubator ecosystem. These sessions aimed to establish a foundation for creativity, problem-solving, and entrepreneurial growth, enabling faculty members who were the participants to understand the broader ecosystem, its opportunities and scope to guide students with innovative ideas.
The second day of the programme focused on 'Incubator Design' and 'Incubator Governance - Establishment, Operations & Sustenance in HEI’s' The sessions were aimed at equipping participants with the knowledge and skills required to design, manage, and sustain incubation centres within Higher Education Institutions (HEIs).
Day 3 began with an insightful online session led by Dr Shivakiran Makam, focusing on supporting policies that are crucial for fostering innovation and entrepreneurship. The session covered the National Innovation and Start-up Policy (NISP) for institutes, and other policies essential for start-ups and incubators, providing a strong foundation for understanding the regulatory and institutional frameworks that support start-ups and research institutions. This was followed by an engaging discussion on Intellectual Property Rights (IPRs), exploring the process of transforming ideas into innovations and further into tangible technology transfers. Dr Kiran emphasized the importance of protecting intellectual assets and effectively navigating the commercialization process.
In the afternoon session, Dr Shivakiran introduced various government grants such as those offered by BIRAC, DST, DSIR, DRDO, and MSME. He highlighted their role in fostering innovation and explained how start-ups could benefit from the Start-up India scheme, providing practical strategies for accessing and leveraging these funding opportunities. The conversation then shifted to the governance structure of incubators, where participants gained valuable insights into the operational frameworks and management models required for successful incubation centres.
The sessions throughout the 3 days provided a comprehensive understanding of innovation, funding, incubation, and the essential frameworks needed to foster and sustain entrepreneurial ventures.