News And Events

Launch of Technology Start-Up Scheme

Research is mostly a focused activity within a domain, while entrepreneurship requires knowledge of a wide spectrum of domains. This is one of the reasons why the research oriented people from science background seldom chose to create their own start-ups, despite of tremendous govt support for the innovation based start-ups.

To break this barrier, ISVEC launched a unique Start-Up program for the researchers at IASST. Under this program, the researchers are being encouraged to  pick up any  abandoned technology at laboratories, and develop them further for commercialisation. Subsequently, their start-up companies may secure Intellectual Property Rights, and then transfer the technology to any interested commercial organisation. In this program, the researchers can develop market oriented innovations, without diluting their core competency in R&D. ISVEC shall facilitate at each stage of the journey, starting from idea validation to technology transfer.