• Saturday, May 18, 2024
An Independent Initiative to Celebrate Good Governance

Innovation Design and Entrepreneurship Bootcamp inaugurated at NIT Goa

Apr 30, 2024
Author: BI Bureau

Panjim: Innovation, Design and Entrepreneurship (IDE) Bootcamps (Phase III) was inaugurated at NIT Goa on Monday, 29th April 2024. The inaugural took place in the presence of Shri. Pradeep Dhage (Director, MIC-Govt of India), Dr. Vivek Kamat (Director Technical Education -Govt of Goa), Prof. Jaiswal, Director NIT Goa and the trainers from Wadhani Group at the institute. The importance of establishing start-ups and entrepreneurial skills was explained by the dignitaries in the inauguration. The IDE Bootcamp Phase III aims to cultivate the innovation, design, and entrepreneurial prowess of student innovators from higher education institutes across the nation.

The bootcamp was launched by the Union Ministry of Education, All India Council for Technical Education (AICTE) & Ministry of Education's Innovation Cell (MIC) at 9 locations across the country. Prof. T. G. Sitharam, Chairman - AICTE from AICTE Headquarters, New Delhi did the honors of inaugurating it virtually.

Dr. Lalat Indu Giri, the nodal officer from NIT Goa, in collaboration with Shri. Pradeep Dhage, spearheaded the organization of this initiative at the NIT Goa's permanent campus, underscoring the institute’s commitment to nurturing talent and fostering entrepreneurship.

With over 2500 participating student innovators and Innovation Ambassadors, the initiative is poised to catalyze a culture of innovation and entrepreneurship in India.

Scheduled from April 29th to May 3rd, 2024, the third phase of the IDE Bootcamp will unfold simultaneously across 9 locations in India. NIT Goa, along with eight other esteemed host institutes, including Maharaja Agrasen University Baddi, Amity University Raipur, and Banaras Hindu University Varanasi, aims to serve as a crucible for innovation and entrepreneurial learning.

Renowned speakers and design experts, both national and international, will deliver training sessions at these locations, enriching participants' understanding of product design, ergonomics, design thinking, and pitching skills crucial for success in today's dynamic business landscape.

Collaborating with the Wadhwani Foundation, renowned for its support of entrepreneurship education, the IDE Bootcamp will offer participants an immersive 5-day program focused on hands-on, experiential learning. The program will include motivational talks by startup founders, especially those from the Smart India Hackathon (SIH) alumni, inspiring students from Jammu & Kashmir and Ladakh to embark on entrepreneurial careers.

Throughout the bootcamp, participants will have the opportunity to showcase their innovations, engage in local tours for real-world insights, and culminate their journey with pitch presentations in front of expert panels comprising startup founders, incubators, IP experts, angel investors, VCs, directors, and knowledge agencies.

A total of 16 bootcamps were conducted in Phase-I and Phase-II, attracting over 4000 students and faculty members, underscoring the program's immense popularity. /BI

More In Tech Governance

The exports of agricultural commodities from March to June 2020 shot up by 23.24 percent on-year to Rs 25,552.7 crores.

 

As the economy comes to a standstill amid the coronavirus-led lockdown, India’s agriculture sector has taken the baton of economic growth in its hands. The exports of agricultural commodities from March to June 2020 shot up by 23.24 percent on-year to Rs 25,552.7 crores, according to the Ministry of Agriculture & Farmers Welfare. The government said that self-reliant agriculture is critical for the goal of an Atmanirbhar Bharat and for this, agricultural export is extremely important as besides earning foreign exchange for the country, the exports help farmers, producers, and exporters to take advantage of the wider international market and increase their income.

 

The surge in exports has also resulted in increased production in the farm sector by increasing coverage area and productivity. The share of India’s agricultural exports and imports in the world agriculture trade in 2017 was 2.27 percent and 1.90 percent, respectively. Even during the difficult time of pandemic lockdown, India took care not to disturb the world food supply chain and continued to export, the government said.

 

Ministry of Agriculture has prepared a comprehensive action plan for the promotion of Agri trade; the twofold approach focuses on boosting Agri Export with emphasis on value addition and action plan for Import Substitution. Recently, the Agriculture sector has witnessed a series of reforms, giving more choices to the farmers to sell their produce at competitive rates.

 

To mention a few, the Export strategy focuses on the export promotion of fast-evolving niche markets of Wellness food/ Health-conscious food/nutraceuticals, Development of “Brand India” in campaign mode to help penetration into new foreign markets and of new products which automatically translates into higher value realization, Gulf countries have been identified as focus destination to increase the market share which is a strong market for India though presently India caters to only 10-12% share of their total imports. A product-market matrix has been made containing a list of products of strength that could be expanded in new geographies and a list of known markets which can be introduced with newer products.

 

At the behest of the Department of Agricultural Cooperation & Farmers’ Welfare, Ministry of Agriculture, product-specific Export Promotion Forums have been created to lead Agri exports to new heights. Each Export Promotion Forum shall be having exporters of the related commodity as its members along with official members representing concerned Ministries/Departments of the Central and State Governments. Chairman APEDA shall be the chairman of each of these forums. The forums will meet at least once every two months, to discuss recommendations on issues pertaining to the export.

 

The recommendations of the forum will be placed in the product committee / Authority of APEDA. The Forum will keep in close contact with the concerned organization of the Ministry of Agriculture such as MIDH, Extension, NPPO, etc., DGFT, Ministry of Civil Aviation, MoFPI, etc. to further the interest of agricultural export.