1.‘MHRD’s Innovation Cell (MIC) has been established by the Ministry of Human Resource Development (MHRD), Govt. of India, to systematically foster the culture of Innovation among all Higher Education Institutions (HEIs). MIC is formed to encourage, inspire and nurture young students by supporting them to work with new ideas and transform them into prototypes while they are in formative years.
MIC has envisioned encouraging creation of ‘Institution’s Innovation Council (IIC) across selected HEIs to promote innovation in the Institution through multitudinous modes leading to an innovation promotion eco-system.
2.Network Innovation & Incubation Center (NIIC) is an initiative by ABES-EC to develop a cluster model for innovation and incubation by establishing NIIC in institutions and universities within a reachable distance. It aims to provide comprehensive services and support to nurture innovation from idea to startup. The process includes idea identification, proof of concept (PoC), prototype development, minimum viable product (MVP), business model formulation, startup launch, fundraising, and scalability.