NEW GENERATION INNOVATION AND ENTREPRENEURSHIP DEVELOPMENT CENTRE (NewGen IEDC)
Indian Institute of Technology Guwahati
North Guwahati, Guwahati 781 039

Assam, India

                                                           

Copyright 2019 - All Rights Reserved - NEWGEN IEDC, IIT Guwahati                                                                                                                                                Maintained by NEWGEN IEDC

Objectives of NewGen IEDC

• To channelize the knowledge and the energy of youth towards becoming active partners in the economic development process 

• To develop knowledge-based and innovation-driven enterprises and promote employment opportunities amongst students

• To inculcate a culture of innovation driven entrepreneurship

• To provide services including information on all aspects of enterprise building to budding S&T entrepreneurs. 

 

Salient features of NewGen IEDC

• It is a five-year programme

• Maximum twenty new projects would be supported per year

• The projects should be student projects with innovation and commercial viability 

• Projects may be multi-disciplinary in nature and should be executed by student teams

• Projects should also have commercial viability leading to possible startup companies

 

Functions of NewGen IEDC

• To mentor students for identification, development and commercialization of their innovative ideas   

• To motivate student teams for new product development

• To organize Business Plan Competitions/Innovation Camps/ Hackathon

• To guide and assist prospective entrepreneurs via arranging interaction with entrepreneurs, bankers, professionals, potential customers