Wednesday 11 January 2017

Gujarat Government Launches Student Startup and Innovation Policy

Gujarat Government Launches Student Startup and Innovation Policy
The Gujarat government has introduced India’s first Student Startup and Innovation Policy to provide financial support to enable the students in developing their innovative ideas. The Student Startup and Innovation Policy has been developed under the aegis of Education Department. The policy will support
student-led startups & innovations and Gujarat Government Launches Student Startup and Innovation Policycreate an Innovation and Pre-incubation Ecosystem Support (IPIES) across all universities of the state. Under the pre-incubation support the policy would help the students to convert their ideas from proof of concept (PoC) to minimum viable proto-type (MVP), and also  provide support for patent filing.  The Gujarat government would provide Rs 200 crore as State Innovation Fund for the next five years, of which Rs 100 crore will be allocated by the state government and the remaining amount will be created by internal sources, like university funds and CSR funds.

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