The National Innovation and Start-up Policy 2019 for students and faculty in HEIs was launched by Hon’ble Minister of Education, Shri Ramesh Pokhriyal on 11th September 2019 at AICTE, New Delhi.
This policy intends to guide HEIs in promoting student-driven innovations & start-ups and to engage the students and faculty in innovation and start-up activities on the campus. The policy aims at enabling HEIs to build, streamline and strengthen the innovation and entrepreneurial ecosystem on campus and will be instrumental in leveraging the potential of student’s creative problem solving and entrepreneurial mindset, and promoting a strong intra and inter-institutional partnerships with ecosystem enablers and different stakeholders at regional, national and international level. The policy is being implemented by MoE’s Innovation Cell and in coordination with AICTE, UGC, State/ UT Governments, and universities. Implementation of policy has been undertaken for quick adoption by HEIs. The present policy is a way forward to the earlier version of AICTE’s Start-up Policy which was launched in the year 2016 to complement the Start-up Action Plan under the Start-up India and Stand-up India Program launched by the Hon’ble Prime Minister of India.

• To evolve systems and mechanisms to convert the present demographic dividend into a high-quality technical human resources, capable of doing cutting-edge research and innovation and deep-tech entrepreneurship.
• To envision an educational system oriented towards start-ups and entrepreneurship opportunities for students and faculties.
• To provide ways to develop entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing, and equity sharing in Startups or enterprises established by faculty and students. 
• To bring high-quality technical human resources in terms of IPR ownership management, technology licensing, and institutional start-up policy, thus enabling the creation of robust innovation and Start-up ecosystem across Techno India NJR Institute of Technology, Udaipur.
• To help emphasize that entrepreneurship is all about creating a business, which is financially successful.

• To establish a vibrant and dynamic Start-up Ecosystem across all the engineering departments.
• To enable the institute to actively engage students, faculties, and staff in innovation and entrepreneurship-related activities.
• To create a space for Collaboration, Co-creation, Business Relationships, and Knowledge Exchange.
• To facilitate the institute in terms of Intellectual Property (IP) ownership management, technology licensing and equity sharing.

• Rapid Innovation Development
• Entrepreneurship Exposure and Skills Development
• Support Facilities for Start-up Services
• Network with Regional and National Start-up Eco-System
• Industry Support, Corporate & Private Partnership Linkage
• Product & Technology Commercialization

A committee has been formed by identifying the experts having expertise and experience in the domain of innovation, IPR, and start-up to start the work of policy formation and implementation of guidelines at the institute.

• AICTE Start-up Policy 2019
• IISP Policy