Idea to Startup Scheme

About the Scheme

Startups are expected to play a dynamic and resonant role for the future of our country by generating innovative solutions to various challenges faced by us. Recognizing the importance of startups in the socio-economic development of the country, Prime Minister of India announced the Startup India initiative on India’s 69th Independence Day with an aspiration to impart more “strength and inspiration to the talented young generation of India to do something new for India and humanity”. Since then the Central and various State Government have come with various revolutionary measures to create a conducive ecosystem for startups. Today, a new pool of talented youngsters are building their own business empires and made India the third largest startup base in the world. Initially, the startup was restricted to the digital/technology sector but now we find startups in other important sectors like agriculture, manufacturing, education and healthcare to name a few. The startup movement has now spread its reach up to the 3 Tier cities.

In view of the above scenario NCIDE has launched Idea to Start-up – An Innovation Scheme of Nurturing Startups@IGNOU.

Objectives

The basic objectives of the proposed scheme are given below :

• Spread awareness about Startup India, Nurturing Startups@IGNOU, policies and schemes of Government of India and various state governments among the students of IGNOU
• Train the students by conducting time to time idea boot camps, orientation and skill development programs related to their startups
• Assist the students in getting funds from different organizations and governments for their startups.
• Report the innovations and startups of IGNOU learners by showcasing their innovative work and stories about their startup through a portal.
• Trace, identify, recognize and award learners of IGNOU for their startup initiatives.
• Utilize the existing resources of startup hubs (wherever applicable) and develop a strong network of research institutions, the business community, and government organizations to facilitate the IGNOU learners for startups.
• Provide academic and technical support to the students of IGNOU who are interested in start-ups, and guide them to develop business proposals for their startups.