MNFIC Functioning Model

Stake Holders

• Student
• Faculty
• Alumni, Industry, Corporate, Venture

Innovation is a new process in this centre which will involve multiple stack holders of the institute and its eco-system. The centre will facilitate a synergistic interaction between the stake holders to maximizethe outcomes of innovation. All innovations aim to generate IP for the stake holders.

3 Modes of Functioning

• Student initiated innovative projects
  • -- Screened, selected, reviewed by faculty and industry
  • -- Academic credits
  • -- Internship and scholarship support

• Faculty initiated innovative projects
  • -- Bid by student group
  • -- Awarded by faculty in consultation with sponsors through SRIC
  • -- Scholarships

• Alumni, Corporate, Industry initiated innovative projects
  • -- Bid by student and faculty teams and administered through SRIC
  • -- Awareded by external paid
  • -- Internships support

Activities

• Projects for First Year Students
• Support for Project based learning to First Year Students