RV University has an Innovation & Entrepreneurship Cell (I&E Cell). In general, the success rate of entrepreneurship worldwide is typically in single digits. RV University, with its Stanford University Innovation Fellows (UIF), initiated a design thinking program and conducted a study within the entrepreneurial ecosystem. They identified that the success percentage can be improved if certain pain points are addressed. The RV University model of the I&E cell is given below and it is uniquely conceived and implemented. RV University's I&E cell aims to create successful entrepreneurs with social consciousness. Students are encouraged to solve problems from any walk of life. Each student aspiring to be an entrepreneur will go through Design Thinking Training.
The I&E cell targets to create an ecosystem for student entrepreneurs which includes ethics, morals, values, funding, start-up support, mentoring, development of emotional intelligence, academic mentoring, field touch, social consciousness, environmental impact, etc.