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Scheme
Innovation and Entrepreneurship Development Centres (IEDC)
The Innovation and Entrepreneurship Development Centres (IEDC) are platforms set up in Engineering, Management, Arts & Science Colleges and Polytechnics with an aim to provide students an opportunity to experiment and innovate. IEDCs works as the first launch pad for a student’s entrepreneurial journey and provide them with access to cutting edge technology, world class infrastructure, high quality mentorship, early risk capital and global exposure.

Innovation and Entrepreneurship Development Centre (IEDC) is a flagship initiative of Kerala Startup Mission to promote innovation and entrepreneurship among the student and academic fraternity in the educational institutions in the State of Kerala and is considered as an umbrella programme that would play an instrumental role in fostering innovation culture in Academic institutions. The concept of Innovation and Entrepreneurship Development Centre (IEDC) is formulated to promote innovation and entrepreneurial culture in educational institutions and to develop institutional mechanisms to foster techno-entrepreneurship for generation of wealth and employment. The IEDCs are established in academic institutions across Kerala having requisite expertise and infrastructure.

Vision
To create an innovation culture among Innovators by introducing them the State-of-the-art technologies and positioning the Institution as a Learning and Innovation Platform by delivering technically competent and skilled Entrepreneurs.

Purpose
The purpose of the IEDCs will be to act as an aspirational platform, for the l student entrepreneurs and tech savvy innovators, in skilling and sharpening their entrepreneurial skill sets. The selected innovators will be exposed to Innovation culture, emerging technologies and Business aspects with the implicit assumption that the delta will become an entrepreneur and all the other skilled talents will get high end jobs with the kind of exposure and skills they acquire.

Mission
To create IEDC as an Innovation Platform and to create future founders by promoting Innovation, Technology and Business Learning among student community


283
IEDCs
4027
Student innovators
100
Student startups
7000
Ideas supported
1.49Cr
Idea Grant
Process of Scheme

Application & Screening Process

Institutions are invited to submit an online application for IEDC through the IEDC portal.


The selection process for IEDC will be in three stages – Screening, Auditing and Final evaluation. Received applications would be processed on the basis of eligibility criteria.

Eligibility Criteria
  • Eligibility criteria include availability of built-up space of 500 -1000 sq ft, minimum enrolment of students, dedicated faculty coordinator, basic infrastructure including availability of computers and internet connectivity, Lab etc.
Impact of Scheme
  • IEDC is the flagship project of the State Government to foster an innovation ecosystem in the State. The input for IEDC intervention may include the number of students enrolled, mentors engaged, number of training programmes conducted, number of events conducted etc whereas the output include number of innovation developed, number of startups generated and number of patents filed. 
Outcome of Scheme
  • The outcome can be assessed based on how IEDC helps students to nurture various 21st Century skills  such as creativity and innovation, IP creation, Entrepreneurial Mindset, critical thinking and Problem -solving skills etc. IEDC outcome can be assessed through the impact it created in the overall innovation mindset of youth in our State leading to large-scale entrepreneurial initiatives enabling economic and social growth of our society.
IEDC NODAL OFFICER HANDBOOK