NGIN | Details

About NGIN

1. Background: 

To support the start-up initiatives of Tripura, creation of an ecosystem that promotes innovation in educational institutions is one of the basic requirements. Students are encouraged to identify local problems and address those using concepts of frugal innovation, and to develop appropriate technology-based solutions and working prototypes. It is also expected that the mentors assigned to the students help them to formulate a business model based on this new technology and encourage them to think like entrepreneurs. Financial assistance for running the incubators and for student projects will be provided for smooth implementation of the scheme. 

2. Short Title of the Scheme:

The Scheme shall be called “New Generation Innovation Network (NGIN)” for the students of different institutions of Tripura. 

3. Objective of the Scheme: 

1.The main objective of the scheme is to create an ecosystem that promotes innovation in educational institutions also to encourage students, research scholars and alumni to share their ideas to solve chosen. 

2. Innovation center shall provide an ecosystem to convert the ideas into proof of concept and upgrade them to a level of commercial value. 

3. After successful incubation, encourage and lead the teams towards setting up a business enterprise. 

4. Implementation strategy:

1. The Scheme shall be implemented in phased manner. Initially the scheme shall cover Technical Degree colleges and subsequently Polytechnic Institutes & Govt. general Degree College will be covered in phased manner. 

2. The Scheme shall be implemented by Directorate of Information Technology in collaboration with Host Institute and fund available for Tripura IT/ITeS Start-up Scheme will be utilized for the Scheme NGIN. 

3. Host Institute shall setup required infrastructure for the implementation of the scheme. DIT shall provide one time grant of Rs. 10 lakh to setup the infrastructure. 

4. Institutions will be selected based on their infrastructure, quality of faculty and excellence in education 

5. Duration of the Scheme:

The duration of the scheme will be same as the duration of Tripura IT/ITeS Start-up Scheme (3 years). After that the institute will find other source of funding. 

6. Eligibility Criteria: 

Host institute will be selected based on their infrastructure, quality of faculty and excellence in education by State level Committee. 

6.1 Infrastructure: 

Following minimum specified infrastructure to be made available in the Educational institutions: 

1. Minimum 1000 sq. ft. carpet area in a location which is appropriate to host an incubation centre on college / institution campus. 

2. 10 computers of latest configuration. (Minimum configurations Core i5 / i7; 5th Gen; 1Tb hard disk, 4GB / 6GB Ram, 3GHz. Monitor at least 21 inches). 

3. Work spaces to accommodate up to 5 start project / team / startups simultaneously. 

4. Well furnished incubation room with furniture’s, AC and interior decoration. 

5. Independent high-speed dedicated internet connection, uninterrupted power backup and Projection facility, Discussion & Meeting room to be made available on the college / institution campus.

7. Monitoring and Evaluation: 

Monitoring of the scheme will be done at two levels State level and Institution level. State level and Institution level monitoring will be done by State Level committee and Institute Level committee respectively. The sanctioning authority in the institute must pay due regard to the following: 

i) Each Institute will enter into MoU with DIT. 

ii) Host Institute will also submit an indemnity bond. Indicative MoU is attached in Annexure-II. Each Start-up student project must a lead by a project leader. The team must agree on deliverables and milestones as proposed in the Project proposal submitted by the team. 

c. State Level Committee: State Level Start-up Council will act as State level Committee for the selection, evaluation and monitoring of the scheme. The committee reviews all selected institutions where NGIN Centre could be established. 

d. Institute Level Committee: An Institute Level Committee will be form in the host institute to monitor the implementation of the scheme and selection of the students. 

e. Institute Level Committee will be chaired by the Principal of the Institute. Senior Professor-Level faculty member shall be nominated as the College coordinator who will serve as member secretary and the Incubation Centre Manager shall be the convener.

This committee should have a minimum 10 members.      

Committee will meet periodically and review the progress of each project. This committee must constitute of members from academia, industry and Government and must initiate all steps not limited to implementation of scheme for promoting innovation in education and for developing an ecosystem where students are given the necessary resources and support to convert their ideas into proof of concept. 

f. Each Host Institute shall facilitate to showcase the prototypes and new technologies in appropriate forum to generate revenue and become a self-sufficient / independently functional unit post the funding support from the Government. 

g. Following minimum activities are expected to be conducted by the institution. 1. Invited talks by Successful entrepreneurs – 2 per annum. 2. Tech workshops on upcoming areas like IoT, Big Data Analytics, Cloud Computing, ESDM, Bioinformatics, etc. – 2 per annum. 

h. The NGIN Start-up coordinator must interact and promote innovation in academic setting and bring in flair of industry to the academic campus. The innovation could be in social enterprise, technical or non-technical domain. The Coordinator will report to and work with Head of the Host institution on a regular basis. Roles & Responsibilities of Incubation Centre Manager include: 

1. Running of the incubator program. 

2. Basic business coaching and assistance in business plan writing. 

3. Management and operations of the Incubation Centre. 

4. Networking and fundraising for innovator groups. 

5. Conduct and coordinate various NGIN and related events etc. 

6. Monitoring of student innovative projects. 

i. Performance of each Institute and its NGIN incubator will be evaluated based on parameters described below. 

i. Number of projects which have reached prototype stage. 

ii. Number of IPs generated. 

iii. Application of solution in the field.

iv. Key Performance Indicators like: 

a. Number of companies incorporated. 

b. Conduct of actual business by student innovator teams. 

c. Angel / Venture funding received for innovator groups. d. Number of Independent Events conducted.

8. Removal of difficulties:

The State level Committee will have the power to remove any difficulties that may arise during the implementation of the scheme 

9. Other Terms and Conditions: 

a. No right or claim for any grant under this scheme shall be deemed to have been conferred merely on the ground of provision in these guidelines. Implementation of various provisions covering the grants, concessions, etc. will be subject to the issue of detailed guidelines/statutory notifications, wherever necessary in respect of each item by the concerned Administrative Department. 

b. Doubts relating to interpretation of any term and/or dispute relating to the operation of any provision under this scheme shall have to be referred to the State Level Committee for clarification / resolution and the decision of Government in this regard shall be final and binding on all concerned. 

c. The Government may at any time amend any provision of this scheme.