Entrepreneurship and Start-up rank in India.
“For any nation to emerge as a developed economy, it is important for that nation to focus on research and innovation which helps them in designing and developing new products.” As of 2020, India has been ranked 48th amongst the top 50 countries in the Global Innovation Index. It has jumped four places since the last ranking.
While according to Start-up Blink—a world renowned research centre based on start-ups, India ranks 20th amongst top 100 countries in the Global Start-up Ecosystem Index in 2021. If we talk about cities, Delhi ranks 14th amongst the top 25 cities in the Global Start-up Index.
This economic upscale has been possible due to the innovative contribution of upcoming Entrepreneurs across the country. As of 2021, the government has successfully established innovation council in more than 2500 Universities.
If we talk about innovation cells, it is a recent initiative devised by the Ministry of Education to promote University students to encourage, inspire and nurture new ideas and bring them to reality. Such has been done in engineering colleges to welcome fresh ideas into the world of science.
ARIIA and Its Parameters
To ensure that India maintains/ retains this equilibrium, the Ministry of Education, Government of India has devised ‘Atal Ranking of Institutions on Innovation Achievements’ abbreviated as ARIIA. It is there to rank education universities/ private institutes based on below parameters.
1. Student’s participation and contribution in entrepreneurship and innovation programs across the academic year.
2. Besides entrepreneurship, ARIIA also scrutinizes the financial support that the colleges offer to students to build their start-ups in campus. It further observes the pre- incubation and incubation infrastructure. That is, the total funding provided to the successful start-ups in that financial year.
3. Of course, students aren’t going to develop ideas out of nowhere. They need a base—a knowledgeable tool that sharpens their skills and creativity. ARIIA is determinable upon the courses on Entrepreneurship and Innovation provided by the institute during that academic year.
ITS Engineering College has been consistently working on the same protocols of ARIIA and has successfully achieved the ranking of Top 6-25 private institutes across India under B and A category, which was announced by the Vice President of India, Shri M. Venkaiah Naidu. On top of that, it has been listed in the top 3 engineering colleges in Uttar Pradesh while it stands on number one spot in Greater Noida.
ITS Engineering College with regards to Innovation.
NewGen IEDC (New Generation Innovation and Entrepreneurship Development Centres) at ITS Engineering College aims towards the establishment and growth of start-ups and companies in their beginning stages. NewGen IEDC has been funded by The Department of Science and Technology (DST) and the National Science & Technology Entrepreneurship Development (NSTEDB) of over Rs 2.87 Crores.
ITS Engineering College provides necessary skills to students about various aspects of Entrepreneurship in the form of Entrepreneurship Awareness camps and workshops. With the further venture from NewGen IEDC, undergraduate engineering students and post- graduate students from ITS Engineering College will be able to bring their ingenious ideas to life, thus aiming to make their dreams come true.
Engineering Admissions in ITS Engineering College for the academic year 2021-2022 are open now. ITS provides engineering courses in the specialization of Mechanical Engineering, Computer Science & Engineering, Electronics and Communication Engineering, Artificial Intelligence & Machine Learning, Electrical & Electronics Engineering, and Civil Engineering. The admission form for the engineering college is available through the link here.