Startup News:NIT, Srinagar sets up Innovation Forum of Kashmir

“This (formation of Forum) is a necessary step to strengthen the innovations and entrepreneurship front and also to tap the huge potential of innovators in various formal and informal sectors
Startup News:NIT, Srinagar sets up Innovation Forum of Kashmir
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With a vision to promote innovation culture in Kashmir, National Institute of Technology, Srinagar has formulated Innovation Forum of Kashmir (IFK).

"The aim of the forum is to promote and boost the culture of innovation in the valley by linking various institutions in order to harbinger innovations in various sectors including the traditional technologies, through the philosophy of RICH (Reach, Identify, Connect and Harness)," Saad Parvez, head IEEDC at NIT said.

The forum was officiall launched in a meeting organised by the Innovation, Incubation and Entrepreneur Development Centre (IIEDC) of the NIT, which was chaired by Director, NIT, Prof AR Dar.

Emphasis was laid to strengthen the Institute-Industry-Innovator linkage in order to promote budding innovators and entrepreneurs of Kashmir and to develop new business opportunities and ventures in diverse sectors aligned with region's unique areas of opportunities.

The meeting was attended by few leading industrialists, acclaimed academia, budding innovators and entrepreneurs, representatives of National Innovation Foundation (NIF) and MSME, civil society members and people from media houses of the valley. The aim of the meet was to bring few stakeholders of the valley on a common platform, so as to recognize the future endeavours to be undertaken.

"This is a necessary step to strengthen the innovations and entrepreneurship front and also to tap the huge potential of innovators in various formal and informal sectors," Parvez said.

Presentation was given by the head IIED Centre followed by discussions and deliberations on development of new business opportunities, implementation and dissemination of startup promotion schemes and various impediments which current innovators and entrepreneurs are facing both at the  societal and financial fronts.

It was emphasised that the budding innovators should approach technical institutions like NIT with incubation facilities and a strong mentorship. It was also decided to increase collaboration between industry-academia by offering exchange programs. Stress was laid down upon skill development from the grass root level. Role of media in disseminating of proper information about the various government schemes related to startups, entrepreneurship and innovations was also emphasised.

A young innovator from a remote village of Budgam expressed his difficulties in meeting about developing his idea. This was a first step taken in this direction by NIT Srinagar and many subsequent meetings and events are on anvil by involving many more stakeholders to strengthen the forum for achieving its holistic goals, he said.

Saad Parvez, head IEEDC at NIT, Srinagar

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