Noida: AKTU will create system to help student startups
The AKTU wants to create an academic ecosystem to nurture entrepreneurship in its studentsnoida Updated: Jun 22, 2017 23:08 IST
The Dr Abdul Kalam Technical University (AKTU) has decided to create an academic ecosystem to promote startups among the students and alumni of its affiliated colleges. The decision was taken on June 17 in a meeting between the state government, the university administration, associate colleges and industry bodies.
The meeting was attended by over 30 representatives, including industry bodies such as The Indus Entrepreneurs, Indian Industries Association, Lucknow Management Association, Small Industries Development Bank Of India (Sidbi) and Confederation of Indian Industries (CII). Representatives of colleges such as JSS Noida, AK Garg College, Kanpur Institute of Technology, IET Lucknow, Galgotia College, PSIT Kanpur, GL Bajaj Group of Institutes, ITS Engineering College, Greater Noida and ABES Engineering College, Ghaziabad also attended the meeting.
More than 800 colleges are affiliated with AKTU across the state, of which 168 are in the Delhi-NCR belt.
“There is a need to create an ecosystem to ensure that AKTU students are provided with the best facilities to promote their innovations within and beyond the campus. I am confident that several startups will emerge from our students once the right platform is created,” said Dr Vinay Pathak, vice-chancellor, AKTU.
The university has of late been concentrating on developing entrepreneurship skills among its students. Recently, the administration had also decided to open start-up centres in Lucknow and Greater Noida with a one-time grant of Rs50 lakh. These centres will also have incubation and innovation centres to help alumni and final-year students with their projects.
“We need startups with innovative ideas that can transform products or services for end users. It is important to identify and nurture ideas while the students are in college and build a culture of entrepreneurship so that students can be self-sufficient,” said Dr Rakesh Verma, registrar, AKTU.
The meeting came in the wake of a mega job fair organised in Noida by AKTU in which around 500 students got jobs. The university has been trying to improve the placement records of its affiliated colleges.
“To ensure the success of startups by the state’s youth, there must be various stakeholders to share knowledge and infrastructure,” said Srijan Pal Singh, former advisor to Dr APJ Abdul Kalam.