IITs, IIMs launch iVEIN for entrepreneurship

IIMs launch iVEIN – Premier technical and management education institutions in the country have joined hands to launch the consortium ‘iVEIN’ with a motive of promoting entrepreneurship in India.
Entrepreneurship ecosystem will be promoted in India with high quality research in innovation, venturing and entrepreneurship. The founding members of the consortium are the faculty members of IIT Madras, IIT Bombay, IIM Bangalore, IIM Calcutta and IIM Kozhikode.

These network of institutions will leverage strengths of the partners and would work with other stakeholders such as incubators, government and investors to generate and disseminate knowledge.

IIMs launch iVEIN – These three areas are expected to play a key role in the economic growth of the country in addition to strengthening India’s position as an innovation country. The iVEIN network will facilitate high-quality research in this field among the academic fraternity in India and create avenues for dissemination of the relevant knowledge through conferences and journal publications, he said.
Professor B. Ravi, head of Desai Sethi School of Entrepreneurship at IIT Bombay said the proposed network will create a strategic bridge between various stakeholders, strengthen the ecosystem and synthesize the knowledge that exist in silos among different groups. Top educational institutions including IITs and IIMs have been active in nurturing innovation and entrepreneurship.

This would give a fillip to entrepreneurship in the country by aiding both policy formulation and implementation regarding innovation as well as by helping managerial practice.
IIMs launch iVEIN

The immediate activity that would be taken up by iVEIN would be to publish the India Innovation, Venture and Entrepreneurship Report. Conceptualized as a biennial publication, the first report would be published in 2020 with the theme: Creating Successful Ventures.

Institutes, organizations and individuals, especially policy makers, investment managers, practitioners and entrepreneurs with active interest in entrepreneurship, innovation and venturing are invited to join the network to facilitate and promote collaborative research. iVEIN is reachable at ‘ iVEIN@wmail.iitm.ac.in’ For more information logon to ‘ www.doms.iitm.ac.in/iVEIN’
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S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.