Finalist

Innovation and Entrepreneurship Support of the Year Award

Research & Innovation Network (CURIN) and Centre for Entrepreneurship Education and Development (CEED)

Finalist of the Innovation and Entrepreneurship Support of the Year Award

"Let the dreams take their first flight to realisation"


Engage on social media

@curious_curin

@ChitkaraU

Have a say and vote for your favorite entries


Unregistered vote
100 points per vote*
Simply click the icon below and we register your vote.



* Unregistered votes are only counted up to the total points received through registered and social media votes.
Registered vote
500 points per vote
Provide your email address and click on "vote". You will then receive an email that enables you to verify your vote by clicking on a link.

 
Social media vote
1500 points per (re)tweet
Tweet or retweet using the following two hashtags:
#ACEEU_Awards
#2020AP_Entry316

Summary

The uniqueness of the Innovation and Entrepreneurship eco system at Chitkara University lies in its approach. We follow a two-winged approach to give the first flight to the dreams of innovators and entrepreneurs. The two wings (verticals) named CURIN (Chitkara University Research and Innovation Network) and CEED (Centre for Entrepreneurship Education and Development) work as independent entities, yet, in tandem and synchronisation. While CURIN takes care of the technical, professional, research and IP related aspects of a case at hand, CEED takes care of the business and commercial aspects of the same. The need-based approach gives much required flexibility to the innovators and entrepreneurs. A wide mentor pool comes in handy when such a need arises. Any body having a problem solving idea lands in CURIN and moves on make its PoC, prototype and can also file its IP. When the idea is matured enough, CEED gives the much required business mentorship, access to market and VCs for scaling up. On the other hand, anybody having a business idea lands in CEED and gets early access to potential market, establishes its commercial viability and moves on to take help from vast pool of technocrats, researchers and makers’ spaces to build the prototype and technical mentorship. This whole eco system provides multiple points of entry into the journey of innovation and entrepreneurship. Two page ‘easy patent policy’, two page ‘easy entrepreneurship policy’ and full filing patent filing fee being borne by the University are some of the highlights of this unique initiative. To top it all – 90% of the commercial benefits rest with the innovators, whenever such a benefit arises. Such philanthropic approach has built in a lot of confidence in the budding innovators and entrepreneurs and lets them take a plunge, without the fear of failure.

Key People


Dr Madhu Chitkara
Vice Chancellor
Chitkara University



Mr Mohit Chitkara
Vice President
Chitkara Educational Trust, 



Dr Archana Mantri
Pro Vice Chancellor
Chitkara University



Mr Sumeer Walia
Director,
Centre for Entrepreneurship Education and Development,  Chitkara University



Dr Sachin Ahuja
Director
Research,  Chitkara University


Acknowledgements

NewGen IEDC grant, MIETY 2.0 grant, DST, MSME, EDII etc.

Images

AR Lab

Incubator Entrance

Makers Lab1

makerlab2

Nanomaterials lab

Steam School

speech lab

IoT Lab

Mentor Series at Incubation Center

Chitkara University at GEC Istanbul

IMPACT STORY

Impacting lifes

If it were not for a day-dreamer II yr CSE student, Kartik Vij, and his mentor’s encouragement to believe in his dreams, ‘BhuGoal’ might not have born. Kartik came from a decent background and fairly good academic record. As a teenager, he always dreamt of doing something different and for every course that he learned, used to think, how it might be applied. During the orientation week for freshers, he had already learnt about CURIN and CEED. In II yr of his studies, when his mentor – an RF engineer - coming from a farmer’s family, was talking about unpredictable rains and how it affects the farmers, Kartik thought of combining his recent acquired knowledge of Machine learning and the TV signals to predict weather conditions. The result was a USD 150 device BhuGoal, which can be easily installed at households and the data from TV signals can be crowd-sourced, machine learnt to predict weather with 99% accuracy for local farmers. Later, in his third and fourth year of UG studies, he went on to win many international and national innovation and entrepreneurship awards. He has registered start-up today with the name ‘Too Decimal’. A day-dreamer got his first fight to realisation of his dreams with the help of CURIN and CEED. He is now dreaming of being a successful business tycoon and bringing out more innovative products for farmers.

In a way, above was repetition of a success story of another graduate in 2007, who, after successfully placed with a multinational came back to his alma-matter and expressed his desire to be an entrepreneur. At a time when no body, including his own family did not believe in him, the university let him establish the first university incubated start–up of the region - “TriDeal”, He was lucky that his alma matter believed in his dreams and supported him when he needed that support the most. Later TriDeal got acquired by the Paytm and successfully exited in 2012.

LEARNINGS

Lessons learned

The ecosystem of innovation and entrepreneurship was envisioned to let the students “explore their potential”. It lets the students dream and believes in their capabilities. We know that innovation takes birth out of chaos and we let the chaos happen, and yet attach an eco system to give the required support to let the dreams get realised. We provide enough opportunities to them to fail, because failures let them learn more than the successes do. In our journey, we have realised that every innovative idea needs support of research and solid grounding in theoretical framework. The need arises sooner or later, and at that time, the eco system should be ready for providing support. The vision of such an eco system should excite people and let them empathise with real needs of real people.

Surprising results were showing up, when an eco system, which was designed to suit the students, also encouraged many faculty members to become entrepreneurs. Soon, the IP, Research promotion and Entrepreneurship policies were put in place to enable them to become innovators and entrepreneurs. What was just an intent, soon became the behavioural trait of the faculty and we found more and more faculty venturing into content, pedagogical and assessment innovation too. The campus now buzzes more with talks on entrepreneurial competencies than operational competencies - only for more good.

FUTURE PLANS

What's coming?

At CURIN, we aim to secure a solid foothold among the country’s top 10 universities in Entrepreneurship and Innovation by the year 2023, with our steady, growing stream of patents and start ups. To take that leap-of-faith we need more collaborators and trusted partners and so we intend to bring strategic partnerships in place from within and outside the country. We are also realigning our mission with those of UN’s SDGs. We also intend to put an impact measurement matrix in place for our innovation and entrepreneurship outcomes.


KEY STATISTICS

95

Innovation and Entrepreneurship Mentors

USD 1.5M

Research Funding from National/International Govt./Private Organisations

200

Patents filed

1000

Innovators benefited

2500

Students enrol every year for courses offered on Innovation & Entrepreneurship

84

Startups Incubated

15

Graduated Startups

7

Technology Transfers

15

Technology Transfers in progress

2020 © ACEEU. All rights reserved.