Latest news with #IIE
Time of India
2 days ago
- Business
- Time of India
Nagaland varsity to host NE's one of four incubation centres
Dimapur: Nagaland University has been chosen to host one of the four incubation centres in the northeast under a central govt initiative. The 50 highest-performing beneficiaries will receive a startup seed money grant of up to Rs 5 lakh. The varsity was chosen under the project 'Establish, Develop, and Manage Entrepreneurship Development Centres and Incubation Centres in the Educational Institutes of the North Eastern Region'. This project is being sponsored by the North Eastern Council, Shillong, and implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati. The North Eastern Council is the nodal agency for the economic and social development of the northeastern region, which consists of the eight states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. The IIE is an organisation under Union ministry of skill development and entrepreneurship. Nagaland University's Kohima campus has been designated as one of the four incubation centres in the region. A total of 44 beneficiaries will be incubated in the first batch of incubatees. The 44 beneficiaries include 16 from Arunachal Pradesh, six from Assam, four from Manipur, and the remaining from Nagaland. Onboarding of the incubates will be done in July 2025, a varsity release said on Monday.
Time of India
2 days ago
- Business
- Time of India
Nagaland University to anchor Northeast startup ecosystem under Centre's incubation push
Nagaland University NEW DELHI: Nagaland University has been selected to host one of four incubation centres being set up across the Northeast under a central government initiative to boost entrepreneurship and innovation. As part of the project, the 50 top-performing beneficiaries will receive startup seed grants of up to Rs 5 lakh each. The initiative, 'Establish, Develop and Manage Entrepreneurship Development Centres and Incubation Centres in Educational Institutes of the North Eastern Region', is being implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati, and sponsored by the North Eastern Council (NEC), Shillong. While the NEC serves as the nodal agency for the economic and social development of the eight northeastern states, the IIE functions under the union ministry of skill development and entrepreneurship. The Kohima campus of Nagaland University has been designated as one of the four regional incubation hubs. In its first batch, 44 beneficiaries will be onboarded this month, including 16 from Arunachal Pradesh, six from Assam, four from Manipur and 18 from Nagaland. 'This selection recognises the university's role in fostering innovation and entrepreneurship in the region,' said Prof Jagadish K Patnaik, vice-chancellor of Nagaland University. 'It reaffirms our commitment to supporting the government's vision of inclusive development through research and innovation.' The incubation centres will provide mentoring from industry experts and established entrepreneurs, along with ideathons, bootcamps, hackathons and workshops over the next six months. 'This is the first time such a structured initiative is being rolled out in the Northeast to identify and nurture entrepreneurs from even the remotest corners,' said Dhrubajyoti Bordoloi, coordinator of the incubation centre and assistant professor in the university's department of management. Across all NEC–IIE centres, 145 beneficiaries were shortlisted in FY 2024–25 after a rigorous screening process that included entrepreneurship awareness and development programmes, detailed project reports and business plan presentations assessed by industry and ministry experts. The startup ecosystem in the Northeast is steadily growing, with over 2,050 DPIIT-registered startups as of December 2024, led by Assam with 1,487 ventures. These startups have created more than 8,800 jobs, with 42% of them led by women directors. The Nagaland University incubation centre will also support resource mobilisation, convergence with other government schemes and contribute to building an entrepreneurial knowledge base through surveys and research. 'We are also introducing entrepreneurship as a subject in the academic curriculum, creating a sustainable pipeline of innovators,' said Bordoloi. Officials said the NEC–IIE incubation project dovetails into broader government skilling initiatives in the region, including pilot apprenticeship schemes and targeted vocational training under programmes like PMKVY and DDU-GKY, which aim to align education with industry needs and create livelihood opportunities.
Hans India
2 days ago
- Business
- Hans India
Nagaland University to host incubation centres in N-E under Central govt initiative
Kohima: Nagaland University, the lone Central varsity in the state, has been chosen to host one of the four incubation centres in the northeastern region under a Central government initiative, officials said on Monday. University officials said that the 50 highest-performing beneficiaries would receive a startup seed money grant of up to Rs 5 lakh. The university was chosen under the project 'Establish, Develop, and Manage Entrepreneurship Development Centres and Incubation Centres in the Educational Institutes of the North Eastern Region'. According to the official, this project is being sponsored by the Shillong-based North Eastern Council (NEC), a regional planning body, and implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati. The NEC is the nodal agency for the economic and social development of the northeastern region, which consists of the eight states -- Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura while the IIE is an organisation under the Union Ministry of Skill Development and Entrepreneurship. Nagaland University's Kohima campus has been designated as one of the four incubation centres in the northeastern region, the official said, adding that a total of 44 beneficiaries would be incubated in the first batch of incubatees. The 44 beneficiaries include 16 from Arunachal Pradesh, six from Assam, four from Manipur, with the remaining 18 from Nagaland. On-boarding of the incubates would be done in July 2025. Nagaland University Vice-Chancellor Jagadish K. Patnaik said that the varsity is the only Central university in the state, and has been selected to host one of the four incubation centres in the northeastern region under a prestigious Central government initiative. "This opportunity reaffirms the university's commitment to academic excellence and nation-building through innovation, research, and inclusive development. We expect to collaborate with stakeholders across academia, industry, and government to make this endeavour a resounding success," he added. Elaborating on the activities that would be taken up under this initiative, Dhrubajyoti Bordoloi, Coordinator, Entrepreneurship Development Centre and Incubation Centre, of the university, said, "Industry experts and established entrepreneurs would provide mentorship to the incubates. Workshops, ideathons, bootcamps and hackathons are contemplated for the forthcoming six months." Bordoloi, who is also an Assistant Professor in the Department of Management, Nagaland University, said: "The initiative is the first-of-its-kind in the northeastern region wherein potential entrepreneurs have been identified from the remotest corner of the country. Additionally, an effort has been made to foster an entrepreneurial mindset and intent among the youthful population of the state through the conduct of numerous awareness camps in various institutions and villages." The selection of the incubates was finalised in Financial Year 2024-25 through the 30 entrepreneurship development cells established under the project. A total of 145 beneficiaries were selected by the experts appointed by the nodal agency across the northeastern region, with 44 beneficiaries assigned to the Nagaland University Incubation Centre.
The Hindu
2 days ago
- Business
- The Hindu
Nagaland University set to host incubation centres in the northeast under a Central Govt Initiative
Nagaland University, the only Central University in the State, has been chosen to host one of the four incubation centres in the North Eastern region under a Central Government Initiative. The 50 highest-performing beneficiaries will receive a startup seed money grant of up to ₹5 lakh. The university was chosen under the project 'Establish, Develop, and Manage Entrepreneurship Development Centres and Incubation Centres in the Educational Institutes of the North Eastern Region'. This project is being sponsored by the North Eastern Council, Shillong, and implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati. The North Eastern Council is the nodal agency for the economic and social development of the North Eastern Region, which consists of the eight States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. The IIE is an organisation under the Ministry of Skill Development and Entrepreneurship, Government of India. Nagaland University's Kohima campus has been designated as one of the four Incubation Centres in the North Eastern region. A total of 44 beneficiaries will be incubated in the first batch of incubatees. The 44 beneficiaries include 16 from Arunachal Pradesh, six from Assam, four from Manipur, with the remaining from Nagaland State. Onboarding of the incubatees will be done in July 2025. Elaborating on the activities that will be taken up under this initiative, Dhrubajyoti Bordoloi, Coordinator, Entrepreneurship Development Centre and Incubation Centre, Nagaland University, said, 'Industry experts and established entrepreneurs will provide mentorship to the incubates. Workshops, Ideathons, Bootcamps, and Hackathons are contemplated for the forthcoming six months.' Speaking about the potential impact envisaged, Dr. Dhrubajyoti Bordoloi, who is also an Assistant Professor in the Department of Management, Nagaland University, said, 'The initiative is first-of-its-kind in the North Eastern region wherein potential entrepreneurs have been identified from the remotest corner of the country. Furthermore, an effort has been made to foster an entrepreneurial mindset and intent among the youthful population of the State through the conduct of numerous awareness camps in various institutions and villages.' The selection of the incubates was finalised in FY 2024-25 through the 30 EDCs established under the project. The selection method adhered to a stringent process of identifying prospective entrepreneurs and startups, followed by comprehensive training delivered through Entrepreneurship Awareness Programmes and Entrepreneurship Development Programmes, the preparation of Detailed Project Reports (DPRs), the presentation of business plans via the DPRs, and the assessment of the DPRs by industry and ministry experts. A total of 145 beneficiaries were selected by the experts appointed by the nodal agency across the North Eastern region, with 44 beneficiaries assigned to the Nagaland University Incubation Centre. Among the recipients, 16 are from Arunachal Pradesh, 6 from Assam, 4 from Manipur, and the rest 18 are from Nagaland. The on-boarding of the incubates will occur in July 2025.
New Indian Express
05-07-2025
- Business
- New Indian Express
Students explore options as US, UK mull policy change
HYDERABAD: Proposed changes to US visa policies by the Department of Homeland Security, along with recent restrictions in the UK, are posing hurdles for students from the Telugu states, particularly affecting post-study work opportunities and visa procedures. As a result, many are now exploring alternative destinations such as Germany and Australia. The United States, once the top choice for Indian students, is now under scrutiny due to complex visa policy proposals. With changes expected this year, there has been a noticeable shift toward countries like Germany and Australia. 'If last year a particular overseas education institution had 10 students, this year that number has increased to 15 or 20,' one consultant observed. Data from the Institute of International Education's (IIE) Fall 2024 Snapshot shows a 3% increase in international student enrolment at the start of the 2024–25 academic year. In 2024, over 1.33 million Indian students pursued higher studies abroad, with significant numbers in Canada (42,700) and the US (337,630). However, this year, the US has seen a 28% drop in enrollment. Speaking to TNIE, Sudhindra Reddy H, Co-founder and Director of Glovels Overseas Consultants, said, 'Due to uncertainty over US policy changes and visa restrictions in the UK, students are hesitant to choose these countries. For a middle-class family, spending `30 lakh to `50 lakh on a master's degree is a huge investment, and with no guarantee of a secure future, it's a risky decision.' He also pointed out that the UK previously offered a 24-month post-study work visa, which has now been reduced to 18 months. Students must now secure jobs above a certain salary threshold.
