Dr. MGR Educational and Research Institute is a proud recipient of an Institutional grant NewGenIEDC from Dept. of Science and Technology, Govt. of India to develop the spirit of Innovation and Entrepreneurship in the University campus.This is a 5 year grant (2017-2022) which is managed by Dr. APJ Abdul Kalam Center of Excellence in Innovation and Entrepreneurship of the Institute.Till date MGR DST NewGenIEDC has funded 25 student prototypes, has published 5 patents and 7 start-ups have evolved from the center.The Student Start-up center has a dedicated instrumentation facility and co-working space for student entrepreneurs.
About DST NewGenIEDC Grant
New Generation Innovation and Entrepreneurship Development Centre (NewGen IEDC) is a programme launched by National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India and implemented by EDII, Ahmedabad.
NewGen IEDC aims to inculcate the spirit of innovation and entrepreneurship amongst the young S&T students, encourage and support start-up creation through guidance, mentorship & support. NewGen IEDCs established in our academic institutions to encourage students to take up innovative projects with possibility of commercialization. Dr MGR DST NewGen IEDC would also spread the message of entrepreneurship and create a culture of entrepreneurship. With faculty already trained in entrepreneurship, the presence of Dr MGR DST NewGen IEDC would create a vibrant entrepreneurial culture amongst the students. Few amongst the “Job-Seekers” would be converted to “Job Generators” through the entrepreneurial route.
Objectives
- To channelize the knowledge and energy of youth towards becoming active partners in the economic development process
- To catalyze and promote development of knowledge-based and innovation-driven enterprises and promote employment opportunities amongst youth specially students
- To inculcate a culture of innovation driven entrepreneurship
- To act as an institutional mechanism for providing various services including information on all aspects of enterprise building to budding S&T entrepreneurs
Rama Vaidyanathan, Ph.D.
Director (R & D)
