EK HASEENA THI, EK DEEWANA THA

(Story of a Startup)

NEW GENERATION INNOVATION AND ENTREPRENEUSHIP DEVELOPMENT CENTRE

(NewGen IEDC)

NewGen IEDC seeks:-

“To promote knowledge based and technology-driven start-ups by harnessing

young minds and their innovation potential in an academic environment”

Background

Technology and Innovation are playing a major role in this process. It is as if all of

sudden people, specially the young ones are no longer afraid to dream an idea and

work actively to convert their ideas to commercially viable business.

While a few year back, the conversion of idea to product might have sounded a

distant dream, with both technology and market being uncertain, things have

changed now.

The Programme

New Generation Innovation and Entrepreneurship Development Centre

(NewGen IEDC) is programme launched by National Science and Technology

Entrepreneurship Development Board (NSTEDB), Department of Science &

Technology (DST), Government of India.

Few amongst the Job-Seekers would be converted to Job-Generators through the entrepreneurial route.

~~Lets Talk About:~~

Year	I	II	III	IV	V	Total
No. of Project	10	15	20	20	20	85

The Prototype Development Grant of Rs. 250,000/- per project would cover the

following expenditure-

a) A maximum amount of Rs 25,000/- to the mentor for providing guidance to

the project team.

b) A maximum amount Rs 25,000/- per student group as stipend.

c) Rs 200,000/- for cost of raw material, prototype development cost, external

vendor/consultant cost.

1.Entrepreneurship Development Institute of

India (EDII)

2.National Experts Advisory Committee (NEAC)

THANK YOU :)

By deeptisharma