E-Paper
Boost to entrepreneurial activities
IN ORDER to promote entrepreneurial activities in this region, the Department of Science and Technology (DST) under its Techno-Entrepreneurial Promotional Programme has decided to grant Rs 10 lakh for innovative ideas through its out-reach centre in the Banaras Hindu University (BHU).
IN ORDER to promote entrepreneurial activities in this region, the Department of Science and Technology (DST) under its Techno-Entrepreneurial Promotional Programme has decided to grant Rs 10 lakh for innovative ideas through its out-reach centre in the Banaras Hindu University (BHU).
As per the memorandum of understanding (MoU) signed between the Department of Science and Technology (DST), Government of India, and Industry-Institute Partnership (IIP) cell at the Institute of Technology (IT-BHU) on Monday, the DST would grant money from Rs 10,000 to Rs 10 lakh to those entrepreneurs who have come up with innovative ideas.
Chief coordinator of the IIP cell at theIT-BHU, Dr PK Mishra said anyone who came up with innovative ideas would be granted Rs 10,000 to Rs 10 lakh in first phase (for materialising the idea) and later would also be granted Rs 30 lakh to set up their own unit.
He added in the first stage, coordinators of IIP cell would screen the idea and in the second stage expert faculty of the concerned subject would screen the same idea. “After clearing the first two stages, the idea would be forwarded to DST (New Delhi) for final assessment,” he said. He added, after the final approval, the concerned person would be granted funds to materialise his idea.
Dr PK Mishra, also a faculty member at the Chemical Engineering Department at IT-BHU, said the DST had already disbursed Rs 6 lakh to BHU for implementation of this project. “Organising specific training programmes as per the requirements of entrepreneurs of this region and organising exhibition camps for innovators are among some other activities of the out reach centre of DST,” he said.
After the National Institute of Technology (Tiruchirapalli), BHU is the second out reach centre of DST for Techno-Entrepreneurial Promotional Programme across the country.
