Excelsior Correspondent
KATRA, Feb 14: Vice Chancellor of Shri Mata Vaishno Devi University, Katra, Prof R K Sinha chaired the 7th Managing Council meeting of SMVDU Technology Business Incubation Centre, which was held here today at the campus.
The meeting was attended by members Dr Anil Wali, MD FIIT, IIT Delhi; Dr Yashwant Dev Panwar, Head Patent Facilitation Cell, TIFAC, New Delhi; Amit Singal, Co-founder & CEO, Startup Buddy; Prof V K Bhat, Registrar & Dean FoS; Neeraj Gupta, Finance Officer; Dr Ashutosh Vashishtha, Coordinator; Dr Rakesh Kumar Jha, Dean R&D, Dr Summet Gupta, Dean Academics; Dr R K Mishra, Head SoME; Dr Kumud R Jha, Head SoECE, SMVDU.
The member secretary, CEO SMVDU-TBIC Dr Swarkar Sharma and Manager SMVDU-TBIC Swati Sharma shared the agenda, which included taking strategic decisions on fostering entrepreneurial environment in J&K region, discuss policy matters, appraisal and evaluation of various activities carried out by TBIC society and progress report presentation.
Team TBIC highlighted that in last one year SMVDU-TBIC has made exponential growth and carried out various successful events. A large number of applications were received in response to these events/ activities. Many of these are under consideration, some are in pre-incubation as virtual incubates and others have already been shortlisted for prototype development.
Team further informed members that SMVDU-TBIC has been identified as the first technology business incubation centre in J&K region to establish NIDHI PRAYAS Centre. This support shall allow the innovators to try their ideas without fear of failure, hence allowing them to reach a stage where they have a ready product and are willing to approach incubators for commercialization.
In the meeting, strategies for sourcing of funds, technology development and transfer methodologies, Startup policy for faculty and staff was also discussed. Patent filing and facilitation was discussed in details. SMVDU is the only University in the region that has more than 15 patents filed by faculty, staff and students out of which 7 have been published so far and more than 25 are in pipeline. The committee members shared their valuable insights for overall performance improvement.