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Innovation and Entrepreneurship Development Center

Vision

To create, mentor and nurtures entrepreneurs who in turn create employment opportunities.

Mission

Our mission is to mentor students and startup entrepreneurs with brilliant minds in harvesting their ideas that revolutionize an industry or even create an industry.

About IEDC

In the year 2012 IEDC was established in DSI as an initiative to mentor innovative ideas from students and nurture them to become entrepreneurs.

IEDC is the brain child of the Department of Science & Technology, Government of India and is closely monitored by The National Science & Technology Entrepreneurship Development Board (NSTEDB) in order to promote innovation and entrepreneurship among students in premier colleges which has the knowledge base and sufficient infrastructure. DSI is one of the esteemed Host Institutions to have been selected as Innovation and Entrepreneurship Development Centre.

Faculty at IEDC

Are highly trained professionals through Faculty Development Programmes in the finest entrepreneurial setup to groom and nurture future entrepreneurs.

Offerings of IEDC

Organizes entrepreneurship awareness camps, entrepreneurship development programmes, along with fostering innovative ideas within students of DSI. IEDC creates interaction with established entrepreneurs and organises a mentorship scheme for students.

Project Funding:

  1. IEDC extends a grant of Rs.1 lakh per Innovative Projects that is entrepreneurial in nature.
  2. Project Development cost is budgeted as follows:
    • Rs. 60,000/- raw materials & product development cost
    • Rs. 10,000/- Honorarium to the mentor.
    • Rs. 10,000/- Honorarium to the student subjected to a maximum of Rs. 30,000/-