INSTITUTION’S INNVOATIVE COUNCIL
The Institution’s Innovation Council (IIC) is an initiative by the Ministry of Education (MoE), India to foster a culture of innovation and entrepreneurship in Higher Education Institutions (HEIs). Established in 2018, the IIC program aims to encourage students and faculty to engage in activities like ideation, problem-solving, and prototype development, ultimately supporting the establishment of a robust innovation and startup ecosystem within educational institutions.
Key Objectives and Functions of IIC:
- Promoting Innovation and Entrepreneurship:
The primary goal is to cultivate a culture of innovation and entrepreneurship among students, faculty, and staff.
- Supporting Startup Ecosystem:
IIC provides a platform for students to develop their ideas into prototypes and potentially launch startups.
- Encouraging Ideation and Problem-Solving:
IICs facilitate various activities such as ideation workshops, design thinking sessions, and problem-solving challenges to spark innovative thinking.
- Providing Mentorship and Guidance:
IICs connect students with mentors, industry experts, and investors to guide them through the innovation and startup journey.
- Organizing Events and Competitions:
IICs organize events like hackathons, business plan competitions, and workshops to create awareness and provide practical experience.
- Promoting Intellectual Property Rights (IPR):
IICs also focus on educating students about IPR and its importance in the innovation process.
- Networking and Collaboration:
IICs encourage networking with other institutions, entrepreneurs, and organizations involved in innovation and entrepreneurship.
How IIC Works:
- Formation:
HEIs establish an IIC with representation from faculty, students, and staff.
- Activities:
IICs conduct various activities like workshops, seminars, competitions, and mentoring sessions.
- Monitoring and Evaluation:
The IIC program includes a system for monitoring and evaluating the progress of innovation and entrepreneurship activities within the institutions.
- Recognition and Rewards:
IICs recognize and reward outstanding innovations and success stories.
Benefits of IIC:
- For Students:
Provides opportunities to develop innovative ideas, gain practical experience, and potentially launch startups.
- For Faculty:
Engages faculty in innovation-related activities, fosters a culture of creativity, and enhances their professional development.
- For Institutions:
Establishes a strong innovation ecosystem, attracts talent, and contributes to the institution’s overall reputation.