An Innovation-cum-Incubation Centre has been established. It provides platforms and mechanisms for the actors and stakeholders in the region to interact with each other and thus to foster needs/opportunities based on innovation. The importance of education and innovation is undisputed in helping a nation become a global leader and in maintaining its leadership. Taking into the account the diverse needs of people from across India, regional growth becomes the foundation for national development. An Innovation Centre, as noted above, will be able to provide platforms and mechanisms for the actors and stakeholders in the region to interact with each other and thus foster need/opportunity based innovation. A University in the region, being the knowledge epicenter, will naturally be able to champion multitude of initiatives to create, exploit and diffuse knowledge and innovations into its immediate and larger society.
Aims and Objectives
The Innovation-Cum-Incubation Centre is instrumental in drawing up the innovation strategy power and in creating roadmaps/action plans for the University. The following is a proposed list of activities that the Centre is envisaged to undertake:
- Technology transfer.
- Entrepreneurship promotion.
- Igniting Youth Innovation.
- Collaboration with industry, other Universities, regional and national stakeholders
- Creation of knowledge sharing mechanisms inside the University
- Training and mentoring
- Innovation in curriculum (It is worth noting that Berhampur University has already embarked upon this activity by introducing examination reforms, question bank and innovative design of answer scripts.)
- Innovation awareness and outreach
- University innovation strategy and roadmap.
The University Innovation-cum-Incubation Centre(IC) seeks to build an innovation network with multiple stakeholders like Industry, other Universities, R&D Labs and others. The University will act as the focal point and will be able to leverage:
- The technology R&D and problem solving strengths of the University
- The entrepreneurial spirit of the students and faculty
- Collaboration with local industry, NGOs and others
- The teaching and training capabilities of the University
- Government policy initiatives more efficiently
By doing so and by bridging demand-supply gaps, the IC will increase knowledge exploitation while giving birth to:
- Innovations from R&D
- Innovations in business models along with products, services and delivery
- Inclusive solutions for local, regional, national and global needs
- Innovations in curriculum ( It is worth noting that BU has already embarked upon this activity by introducing examination reform, questioning bank and innovative design of answer scripts)
ICFAI University Sikkim innovation and incubation Centre funds will be used to create teaching and learning facilities for staff and students. Via co-location alongside the Smart Innovation Hub, students and staff will also have the opportunity to work collaboratively with entrepreneurs and business owners in the new Smart Innovation Hub, designed to support the creation and growth of new businesses and encourage more innovation-led business growth. The unique environment also aims to stimulate a new more collaborative approach to business and management research which will benefit businesses locally and globally.
ICFAI University Sikkim is renowned for providing an excellent student experience and is contributing to the University's recognised position nationally and internationally for teaching quality, student satisfaction, and graduate employability.
An Innovation-cum-Incubation Centre has been established. It provides platforms and mechanisms for the actors and stakeholders in the region to interact with each other and thus to foster needs/opportunities based on innovation.