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Innovation Practices. Dr B K Shukla Scientist G. Department of Science & Technology National Science & Technology Entrepreneurship Development Board (NSTEDB) www.nstedb.com. The “ way we’ve always done it ” isn’t always the way we should do it !.

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slide1

Innovation Practices

Dr B K Shukla

Scientist G

Department of Science & Technology

National Science & Technology Entrepreneurship Development Board (NSTEDB)

www.nstedb.com

some key initiatives of goi on innovation
Some key initiatives of GoI on Innovation
  • Focus on Innovation through political will and public policy (NInC, STI Policy 2013)
  • Decade of Innovation
  • International S&T Cooperation focused on innovation and wealth creation
  • Various schemes/instruments to promote innovation (TePP, SBIRI, TDDP, NMITLI, TDB, GITA,TIDE, NIF)
focus of sti policy special reference to tbis and science led entrepreneurship
Focus of STI Policy – Special reference to TBIs and science led entrepreneurship
  • Launching newer mechanisms for nurturing TBIs and science led entrepreneurship
  • Orting STI driven entrepreneurship with viable and highly scalable business models
  • Investing in young innovators and entrepreneurs through education, training and mentoring
  • Promoting mechanisms such as “Small Idea Small Money” and “Risk Idea Fund” to support Innovation Incubators
slide5

NSTEDB

ESTABLISHED IN 1982

TO PROMOTE

KNOWLEDGE BASED

TECHNOLOGY DRIVEN

ENTERPRISES

slide6

NSTEDB

INSTITUTIONAL

MECHANISMS

CAPACITY

BUILDING

SUPPORT

SERVICES

  • EAC
  • FDP
  • EDP
  • TEDP
  • PORTAL
  • VIDEO
  • BUS PLAN
  • STED
  • IEDC
  • STEP
  • TBI
technologybusiness incubation
TECHNOLOGYBUSINESSINCUBATION

-Hatching Ideas for Entrepreneurship

slide8

a

DST’s Incubator Network

  • 31 Thapar University, Patiala
  • 32 GNEC-STEP, Ludhiana
  • 33 BITS, Pilani
  • 34 KEC, Perundurai
  • 35 VIT -TBI, Vellore
  • 36 Anna University - TBI, Chennai
  • 37 University of Madras, Chennai
  • 38 IIT-RTBI, Chennai
  • 39 BAIT, Sathyamangalam
  • 40 Periyar - TBI, Thanjavur
  • 41 SPEC-TBI, Chennai
  • 42 TREC-STEP, Tiruchirapalli
  • 43 PSG-STEP, Coimbatore
  • 44 PSG-Nanotech TBI, Coimbatore
  • 45 TNAU, Coimbatore
  • 46 Vel Tech, Chennai
  • 47 JSSATE - TBI, NOIDA
  • 48 Amity - TBI, NOIDA
  • 49 KIET, Ghaziabad
  • 50 IIT, Kanpur
  • 51 IT-BHU, Varanasi
  • 52 HBTI, Kanpur
  • 53 IIT, Roorkee
  • 54 Ekta-TBI, Kolkata
  • IIT, Kharagpur
  • ITIH, Trvandrum
  • Agnel –PCCE TBI, Verna ,Goa
  • Adhiyamaan TBI, Hosur
  • BITS-TBI, Hyderabad
  • Technovate TBI, Bangalore
  • IIIT , Hyderabad
  • COE, Trivandrum
  • Villgro TBI, Chennai
  • Ginserv, Bangalore
  • 1 IKP, Hyderabad
  • 2 ICRISAT, Hyderabad
  • 3 University of Hyderabad
  • 4 University of Delhi
  • 5 Sriram Inst. TBI, Delhi
  • 6 IAN-TBI, Delhi
  • 7 NID-NDBI, Ahmedabad
  • 8 Nirma Labs, Ahmedabad
  • 9 CIIE, IIM Ahmedabad
  • 10 MICA, Ahmedabad
  • 11 NSIC, Rajkot
  • 12 NDRI, Karnal
  • 13 MDI, Gurgaon
  • 14 BITS, Meshra
  • 15 Composites Tech. Park, Bangalore
  • 16 E health-TBI, Bangalore
  • 17 MIT, Manipal
  • 18 JSS STEP, Mysore
  • 19 NIT, Surathkal
  • 20 BEC-STEP, Bagalkot
  • 21 NIT, Calicut
  • 22 Technopark- TBI, Trivandrum
  • 23 Amrita TBI, Kollam
  • 24 IIT-SINE, Mumbai
  • 25 MITCON, Pune
  • 26 NCL-VC, Pune
  • 27 D.K.T.E. Textile Engg, Kolhapur
  • STP, Pune
  • 29 MANIT, Bhopal
  • 30 KIIT University, Bhubaneshwar

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innovation support initiatives
Innovation Support Initiatives
  • Seed Support System for technology driven start ups
  • Capacity building of incubator managers -

Platforms for Incubators to Network Nationally and Internationally

  • Service Tax exemptions to incubator and incubatees
service tax exemption to incubatees
Service Tax Exemption to Incubatees

In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 2994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts taxable services provided by an entrepreneurs located within the premises of a Technology Business Incubator (TBI) or Science and Technology Entrepreneurship Park (STEP) recognized by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology Government of India from the whole of the service tax leviable thereon under section 66 of the said Finance Act subject to the conditions.

conditions for service tax exemption
Conditions for Service Tax Exemption

The exemption contained in this notification shall apply subject to the following conditions, namely -

  • The Entrepreneurs enters into an agreement with the TBI of the STEP as an incubatee, to enable himself to develop and produce hi-tech and innovative products; and
  • the total business turnover of such entrepreneur does not exceed fifty lakh rupees during the previous financial year;

Provided that the exemption contained in this notification shall apply for a period of three years from the data on which such entrepreneur enters into an agreement with the TBI or the STEP.

Explanation: The exemption for taxable services under this notification shall not be available for any taxable services provided or to be provided immediately after the total business turnover of the entrepreneur exceeds fifty lakh rupees during a given financial year.

This notification shall come into force on the 1st day of April, 2007.

india innovation fund
INDIA INNOVATION FUND
  • FOCUS ON IP ASSET CREATION IN EMERGING & FRONTIER TECHNOLOGIES
  • JOINTLY CONCEIVED BY DST, ICICI KNOWLEDGE PARK, BHARTI AIRTEL, TCS AND NASSCOM
  • FUND SIZE 48 CRORES (USD 96 mn)
  • PPP INITIATIVE OF DST
india innovation fund1
INDIA INNOVATION FUND
  • FOCUSSED TECH AREA FOR INVESTEMENT – PHARMA, AUTO INFOTRONICS, TELECOM, MEDICAL DEVICES AND INTELLIGENT TRANSPORT SYSTEM
  • INVESTMENT IN START-UPS HAVING IP
slide14

The Power of Ideas is an entrepreneurial platform created by The Economic Times in association with the Department of Science and Technology to seek, reward, nurture and groom business ideas by connecting them with relevant evaluators, mentors and investors ......

www.ideas.economictimes.com

india innovation growth programme
India Innovation Growth Programme
  • DST-Lockheed Martin Inc. supported
  • Scouts innovations annually
  • Selected innovators are mentored thrrough US University faculty
  • 30 innovators are awarded
  • Innovators are provided follow-up support by FICCI
slide16

FOR MORE DETAILS WE ARE AVAILABLE

AT –

www.nstedb.com

www.techno-preneur.net