Ministry of Human Resource Development (MHRD) in year 2019 has released a guiding framework for higher education institutions (HEIs). NISP aims at creating facilities within the institutions for development of pre-incubation and incubation facilities within the institute. Institutes may develop their own comprehensive guidelinesbased on the following broad guideline by MHRD.

  • The framework of the policy is outlined to promote entrepreneurial activities in the institute.
  • The pre-incubation/ incubation facility should be accessible to 24x7 to students, staff and faculty of all disciplines and departments.
  • Student entrepreneurs may earn academic credits for entrepreneurial efforts.
  • Faculty and staff may be permissible to take off for a year semester/ year as sabbatical/ unpaid leave/ casual leave/ earned leave for working on start ups and come back.
  • HEIs should create innovation pipeline and pathways for entrepreneurs at institute level.
  • Pedagogy and learning interventions for entrepreneurship development.