Dr. D. Y. Patil B-School believes in celebrating innovation and empowering entrepreneurship. With this perspective, Dr. D. Y. Patil B-School has taken a significant step in nurturing intrapreneurial and entrepreneurial mindset of students with the establishment of its pre-incubator cell in the name of Dr. D. Y. Patil B-School Startup and Innovation Cell (DYPBS S&IC) under Government of India’s Ministry of Education’s Institution Innovation Council. This initiative is designed to harness the creative potential of students and faculty members, enabling them to transform their innovative ideas into successful startups. Since its inception, DYPBS S&IC has made remarkable strides, resulting in incorporation of six innovative startups (Furry Oasis, Creative Compass, Earthwise Innovations, Krushnam Exports and YR VERMICOMPOST and WT Media Pvt. Ltd.) under Government of India’s Ministry of Corporate Affairs. DYPBS Startup and Innovation Cell is a significant step in fostering a culture of innovation and entrepreneurship within the institution.
With a commitment to providing the necessary support, resources, and mentorship, this initiative has already yielded remarkable results with the incorporation of six innovative startups. As the cell continues to evolve and expand, it promises to be a driving force for positive change in the world of innovation and entrepreneurship.
Institute’s Startup and Innovation Cell have been established to promote innovation in the Institution through multitudinous modes leading to innovation and advancing the eco-system. The students run the cell to practice and encourage entrepreneurship in the institute communities and explore entrepreneurship as a career option. Faculty representatives are the facilitator to help the students develop an entrepreneurial mindset and refine their leadership skills. The objectives of the cell are:
- To develop an entrepreneurial mindset among students in solving entrepreneurial issues related to the business or the organization
- To promote innovation and create a vibrant innovation ecosystem at the institute
- To provide pre-incubation of ideas
The learning outcomes of the cell are:
- Mastering oral and visual presentation skills in presenting ideas
- Acquire greater ease in solving problems and challenges
- Developing the ability to think out of the box
- Sharpening entrepreneurship skills