Chitkara College announces NOVATE+ 2021 to boost Academia- MSME Joint Initiatives

With the upsurge in technologies & information-centric enterprises and country-extensive aim on building self-reliant (Atmanirbhar Bharat) solutions to technical issues, the Indian entrepreneurial ecosystem has entered a new period of growth.

This period has been dominated by MSME’s solving authentic-world troubles by supplying novel methods and by striving to up the mark for good quality, and by the complex establishments working on the slicing -edge technologies.

With its unwavering focus on country-constructing via talent advancement, endorsing an entrepreneurial frame of mind, and doing the job closely with the market – Chitkara University not too long ago launched the 4th edition of its flagship-event NOVATE+ 2021. This edition aims to empower and enable MSME’s to collaborate with universities for technical difficulty-solving.

NOVATE+ 2021 is driven by Chitkara University Study and Innovation Community (CURIN) to promote utilized investigation and is remaining anchored by Chitkara University NewGen IEDC, Chitkara University TEC and Institution’s Innovation Council (IIC).

Via this competitiveness, funding of INR 25 lacs will be awarded to up to 10 job proposals. Also, there will be a income prize of INR 5 lacs for best project implementation. The final date for distributing undertaking proposals is January 31, 2021.

NOVATE was conceptualized to channelize the awareness and energy of youth in the direction of getting to be lively partners in the financial improvement course of action, inculcate a culture of innovation-pushed entrepreneurship and act as an institutional mechanism for delivering various products and services on all facets of company creating to the budding S&T entrepreneurs.

Novate in its present-day and previously editions has thrived under the patronage and advice of authorities from the Countrywide Science & Engineering Entrepreneurship Growth Board (NSTEDB), Section of Science & Know-how (DST), “New Era Innovation & Entrepreneurship Enhancement Centres (NewGen IEDCs)”, Entrepreneurship Improvement Institute of India (EDII), Ahmedabad, along with FICCI and CURIN.

During these a long time, NOVATE+ has emerged as the largest and most vivid system in the area attracting the revolutionary task concepts from throughout the country. Novate has witnessed hundreds of challenge tips remaining showcased & evaluated and the finest kinds receiving enormous venture funding for developing Least Practical Merchandise (MVPs).

Dr Madhu Chitkara, Pro-Chancellor, in the course of the start ceremony, claimed, “I am happy to share that NOVATE+ in its 4th version has now emerged as the largest and most lively system in the region in which progressive venture concepts from all around the place are showcased & evaluated and obtain substantial venture funding for creating Least Feasible Solutions (MVPs). The 3rd version of NOVATE+, arranged past calendar year on the topic of discovering innovative answers to COVID-19 troubles attracted about 300 entries from distinctive components of the region, with the funding in the tune of INR 1 Crore staying sanctioned. This year’s topic is of NOVATE+ is incredibly timely and I desire to see that a huge quantity of MSME and Academia teams will appear ahead to make our market, academia and country sturdy.”

About Chitkara University:

Chitkara College, positioned in close proximity to Chandigarh, has emerged as the most vivid and large-rating University in North India. The University gives classes in Engineering & Technological innovation, Business, Arranging & Architecture, Artwork & Layout, Mass Communication, Sales & Marketing and advertising, Hospitality Management, Pharmacy, Health Sciences, and Schooling.

University’s position laurels consist of turning into the only College in Punjab to function in the prestigious QS Entire world University Rankings: Asia 2021 version, andbeing in the leading 25 universities of the place in the prestigious ARIIA 2020 rating.

Chitkara Organization College has also introduced laurels to the college by becoming declared the “B-University of the 12 months 2020” by Tutorial Insight Journal, showcasing in the ‘Top-50 B-Educational institutions for 2020’ record by the Company Standard, staying rated as A+++ in B-University Rating 2020 by Organization India Magazine, and securing the 9th rank in the coveted ‘The Education and learning Submit IIRF Ideal B-School Ranking 2021.

Moreover, Chitkara’s Engineering Schools was ranked 8th (national) and 4th (regional) in DataQuest’s ‘India’s Very best 100 Tech-Enabled Engineering Colleges-2020’ survey.

With state-of-the-artwork infrastructure, scientifically pushed pedagogy, and sturdy field collaborations, Chitkara College not only attracts the greatest learners from across the nation but, with its seamless placement support, is also able to aid them carve substantial expansion professions.