Innovation and Entrepreneurship Development Centres (IEDC) are the entities set up in Engineering, Management, Arts & Science colleges and Polytechnics with an aim to provide an exciting platform for experimentation and innovations. Kerala startup mission has set up IEDCs in 214 institutions across the State which provides avenues for creative students to transform their innovative ideas into viable products and services. 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.
The concept of Innovation and Entrepreneurship Development Centre (IEDC) was formulated to promote innovation and entrepreneurial culture in educational institutions and to develop institutional mechanism to foster techno-entrepreneurship for generation of wealth and employment by persons. The IEDCs are established in academic institutions across Kerala having requisite expertise and infrastructure.
The Technopark Technology Business Incubator, presently known as Kerala Start up Mission has taken this initiative of Government of Kerala to the academic institutions in order to create awareness, exposure and skills among students and to enable and promote an environment to create entrepreneurial ventures by developing innovative products of social relevance
The vision of IEDCs is to “promote and enrich entrepreneurial culture in the State by strengthening and supporting the innovative ideas using technology and mentorship for the social and economical growth of the nation”.
The mission of IEDCs is to “develop institutional mechanism to create entrepreneurial culture in academic institution to foster growth of innovation and entrepreneurship amongst the faculty and students in the State”.