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Dayananda Sagar University Collaborates with Atal Innovation Mission and NITI Aayog to Establish AIC-DSU InnovationLab | ||
Bangalore, Karnataka, India To promote the culture of innovation and entrepreneurial spirit among students and researchers, Dayanand Sagar University in association with Atal Innovation Mission and NITI Aayog has established the Atal Incubation Centre-Dayanand Sagar University (AIC-DSU) Foundation in Bengaluru, today. The AIC-DSU is primarily established to bring in a problem-solving culture among students as well as to foster world-class innovation-incubation models. This culture coupled with the ecosystem that is supportive of innovation would enable ideas to flourish. Good and promising ideas are taken up for further nurturing and examined for its business potential; which then is adopted to be transformed into entrepreneurship.
AIC-DSU Collaboration​ The event featured distinguished guests: Mr. Ramanan Ramanathan (Mission Director Additional Secretary - NITI Aayog), Dr. H P Kincha (Evangelist, DSU) and Prof. R. Janardhan (Pro-Vice-Chancellor-DSU).
L-R: Prof. R Janardhan, Mr. R. Ramanan, Dr. H P Kincha AIC-DSU Foundation - established by DSU is supported by Atal Innovation Mission which functions under the NITI Aayog - has its focus areas in: Healthcare, Mobility and Waste Management. In terms of infrastructure, it has incubation space with labs to support research and solution development. It has well established training rooms, product display area to showcase product exhibits and Mentor-Administration zone along with conferencing and VC facilities.
“After a visit to the labs established by large MNCs, he suggested that students whose projects are not able to see commercial launch, can be given an extension. The path to adventure is now more time tested and the opportunities to succeed is now a phone call away at DSU. Expertise and experts, markets and opportunities are in your own campuses. Thus, it is a very compelling reason for the youth to look into starting an enterprise which was not possible in the past,” adds Ramanan. Coming to the AIC at DSU he stated, “Here is a full ecosystem: VCs, Mentors, networking, industry labs, lawyers, patent specialists, chartered accountants, company secretaries, subject & product specialists, buyers, vendors, suppliers and creative designers among others available under one roof. The fee for availing a service is frozen by AIC-DSU. To reduce travelling and time burden it has well informed consultants approved by the institution available at defined time schedules. This also applies when entrepreneurs want to procure raw materials, borrow funds, find buyers or hire people at different levels. With this, I see strong reasons for entrepreneurs to succeed in high percentage and this center could reach national heights,” adds Ramanan.
I have to congratulate and place on record the passion, commitment and perseverance demonstrated by Prof Janardhan and his team over the past 12-15 months to establish the AIC at DSU. The extremely fast, quick and very professional team work and the leadership is one of the strong reasons for DSU to be successful in establishing the AIC in this campus" As a concluding remark, Prof. R Janardhan, Pro-Vice-Chancellor-DSU, says, “The AIC-DSU is an endorsement on several parameters: If one has a good story to tell, there are listeners. These are key people - who are responding positively. I am extremely satisfied to see a huge change of thinking in Government and its agencies. I see considerable transparency, high levels of integrity and speed. The willingness to help, to partner and cooperate with organizations outside the government is now at its best.” As a team, we were able to convince a wide range of stake holders: Government, industry, industry bodies, funding agencies, students and faculty, researchers, premier campuses like the IISc and IIM. Whosoever we met and explained our desire to work on innovation and entrepreneurship responded positively.
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