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Home Science & Tech

National Science and Technology Entrepreneurship Development Board

February 3, 2021
in Science & Tech
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In News

  • The Department of Science and Technology (DST) has played a significant role in fostering and nurturing the fledgling startup ecosystem by steering it through its strong network of Incubators through the National Science and Technology Entrepreneurship Development Board (NSTEDB).

Introduction

  • The National Science & Technology Entrepreneurship Development Board (NSTEDB), established in 1982 by the Government of India under the aegis of Department of Science & Technology. 
  • Institutional mechanism to help promote knowledge driven and technology intensive enterprises. 
  • The Board, having representations from socio-economic and scientific Ministries/Departments, aims to convert “job-seekers” into “job-generators” through Science & Technology (S&T) interventions.

Major Objectives of NSTEDB

  • To promote and develop high-end entrepreneurship for S&T manpower as well as self-employment by utilising S&T infrastructure and by using S&T methods.
  • To facilitate and conduct various informational services relating to promotion of entrepreneurship.
  • To network agencies of the support system, academic institutions and Research & Development (R&D) organisations to foster entrepreneurship and self-employment using S&T with special focus on backward areas as well.
  • To act as a policy advisory body with regard to entrepreneurship.

The functions of the NSTEDB 

  • To act as a policy advisory body to the Government in matters relating to S&T Entrepreneurship Development.
  • To guide the Department in implementation, monitoring and evaluation of Schemes/programmes related to S&T Entrepreneurship.
  • To guide in generating new programmes/schemes.

The programmes are broadly classified into the following areas

  • Training programmes

      • Entrepreneurship Awareness Camp (EAC)
      • Entrepreneurship Development Programme (EDP)
      • Faculty Development Programme (FDP)
      • Technology Based EDP (TEDP)
  • Institutional mechanisms for entrepreneurship development

    • National Initiative For Developing And Harnessing Innovations (NIDHI)
    • Innovation and Entrepreneurship Development Centre (IEDC)
    • Science & Technology Entrepreneurship Development (STED) Project
    • Science & Technology Entrepreneurs Park (STEP)
    • Technology Business Incubator (TBI)
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Source: Ministry of Science and Technology
Tags: News PaperPrelims

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