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Innovation Hub

About Innovation Hub

Innovation Hub is embodied to make strategic interventions to develop a benchmark startup and incubation support system in Uttar Pradesh. The main objective of Innovation Hub is to inculcate the entrepreneurial spirit in the youth and drive them to be the Changemakers of the Society. It is intended to be a Startup Center of Excellence for all the Startup Ecosystem Enablers to develop an end-to-end Innovation and Entrepreneurial Startup Ecosystem in Uttar Pradesh by creating a roadmap from “Ideation-to-Commercialization”.

Hub & Spoke Model

The Innovation Hub will work on Hub and Spoke model and will provide the state-of-the-art infrastructure and world-class lab facilities to the innovation centers and to the students, startups and incubates across the state of Uttar Pradesh. Incubators recognized under the UP-Startup Policy 2020 will work under a Hub & Spoke model; Innovation Hub, will act as a Hub for the four Center of Excellences (CoE) and for the other satellite incubators (spokes) in the state. Incubators that shall develop rich experience and strong capabilities in the field of incubation shall be nominated as the ‘Navratna Incubators’. The Navratna incubators will also work closely with the Innovation Hub to assist in capacity building of satellite incubators to set-up at the district-level.
Innovation Hub to be the Nodal Authority for all the programs, events to be conducted along with the Startup Nodal Agency in Uttar Pradesh. It will focus on commercializing new technologies, prototype research and development, patent filing, and creating new jobs, thereby strengthening the economy. This Innovation Hub is facilitated by Dr. A. P. J. Abdul Kalam Technical University with an advisory board of experienced and eminent industrialists, an executive committee of dedicated directors, and a dedicated incubation and startup specialist team with support staff.

Vision

To Develop the Best Sustainable Incubation Support System in India in the next three years!

Mission

To nurture and produce socially and economically viable innovative enterprises and startups which can contribute to Nation-Building by enabling various associated ecosystems for supporting innovation and entrepreneurship by providing mentoring, grants and funding, investment, networking, and creating business opportunities with Govt. and Corporates.

Objectives

  • To develop Physical Infrastructure & Program Management Capabilities.
  • To encourage Students and Faculty to pursue Innovation and Entrepreneurship.
  • Proactive engagement with industry to continuously promote and identify Innovation.
  • Develop twenty-five million sq. ft. of work space by setting up 100 incubators in Uttar Pradesh and at least one in each district, dedicated to startups in the next three years.
  • To foster an ecosystem to generate ideas across disciplines that can be transformed into successful innovative technologies, products and services.
  • To develop human capital, by creating the right environment and support systems for learning, experimentation and innovation from the early phases of education.
  • Focus on creating sustainable funding models, through Govt. funds and other instruments.
  • Encourage startups in Rural and Social Enterprise space by providing additional incentives.
  • To inspire students and faculty to align broad-based goal i.e. enhance employability and entrepreneurial capability among students.
  • To promote technology development and technology transfers.
  • To provide mentorship, guidance and support to envision startups.
  • To collaborate with various UP Govt Depts, Research Organizations, Industry and Funding agencies to promote and support innovation, technology development and startups.
  • To create an institutional framework for effective implementation, monitoring and evaluation of this policy in the state via introducing the UP-State Incubator Ranking Framework and felicitate the Innovations via UP Innovation Awards.
Dr. A.P.J. Abdul Kalam Technical University