PSVASC INNOVATION and STARTUP Policy 2019

(In-line with the National Innovation and Start-up Policy 2019)


About PSVASC NISP

A Guiding Framework for Higher Education Institutions


     The Innovation and Start-up Policy 2020 for students and faculty of Prince Shri Venkateshwara Arts and Science College (PSVASC) will enable the Institution to actively engage students, faculty members and staff in innovation and entrepreneurship related activities. This framework will also spell out the terms for Intellectual Property ownership, technology licensing and institutional start-up guidelines, thus enabling creation of a robust innovation and start up ecosystem across the Institution.

     Prince Shri Venkateshwara Arts and Science College, Chennai aims to provide an enabling ecosystem for the students, faculty and staff of the college to harness their innovative potential, by smoothly integrating the technological and creative skills of all the stakeholders to solve the contemporary problems. The Centre for Innovation and Entrepreneurship Development (CIED) at PSVASC aspires to kick-start an entrepreneurial culture, and can be a catalyst which contributes to increased knowledge, wealth and employment for the state and the nation at large.


Vision:

     The 'Innovation and Startup policy' is a guiding framework to envision an educational system oriented towards start-ups and entrepreneurship opportunities for student and faculty members. The guidelines provide ways for developing entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing and equity sharing in Startups or enterprises established by faculty and students. This policy framework shall motivate the young minds to indulge in innovation and pursue the entrepreneurial path for developing thyself and the Nation as a whole. Moreover, this policy document will guide the Institutions to attain the Prime Minister’s vision of “Atma nirbhar Bharat”.

     Prince Shri Venkateshwara Arts and Science College, Chennai aims to provide an enabling ecosystem for the students, faculty and staff of the college to harness their innovative potential, by smoothly integrating the technological and creative skills of all the stakeholders to solve the contemporary problems. The Centre for Innovation and Entrepreneurship Development (CIED) at PSVASC aspires to kick-start an entrepreneurial culture, and can be a catalyst which contributes to increased knowledge, wealth and employment for the state and the nation at large.