The University Grants Commission (UGC) has asked all universities and higher educational institutions to set up Intellectual Property centers and Innovation labs to promote a culture of innovation and entrepreneurship.
The start-ups, innovators and entrepreneurs from across the country have appreciably applied their creativity to address social issues.
UGC in a letter to universities said that it is further needed that a culture of innovation and entrepreneurship must be promoted as there is no dearth of grassroots level innovations in the country and efforts must be made to facilitate their growth.
Setting up intellectual property centers at universities, establishing innovation labs, setting up entrepreneurship cells and adding entrepreneurship into the curriculum are among the activities prescribed by UGC.
It has also asked universities to encourage organisation of boot camps, mentoring and investor sessions and holding entrepreneurship-focused events at colleges where successful entrepreneurs be invited to interact with students.
