From Research and Innovation to Comercialisation

Date: 6th March, 2024
Virtual Event Venue: BigBlueButton – stanley.swecha.org
Event: A talk by Dr. Zahoorullah S MD and Q&A Session

“From Research and Innovation to Comercialization”

Dr. Zahoorullah, CIO at Atal Incubation, ALEAP WEHUB, the event speaker giving an
introduction about the course of the event.

Dr. Zahoorullah S MD Ji, Chief Innovation Officer, Atal Incubation Centre, ALEAP WEHUB, Supported, held hands and mentored 250 startups including MSME sector startups. He raised funding and the startup companies’ valuation reached Rs 500 crores. He also established business incubation centers worth Rs 80 crores in India. Employment generated 5000.


Expertise in

  1. Setting up or Establishing Business incubators in India
  2. Capacity Building for Existing Incubators
  3. Manpower training in Business Incubators
  4. Funding for startups

About the Event

Aiming to achieve the vision of honorable Prime Minister of India Shri Narendra Modi Ji and the initiative of Ministry of Education, Government of India in collaboration with AICTE, a series of seminars are organizing across the country to discuss the transformation changes that has laid to the foundation of Vikasit Bharat by 2047. In Continuation to this series, Stanley college of Engineering and Technology, Hyderabad organized an online event on 6th March 2024, a discussion on “From Research and Commercialism” for students and faculty of HEIs. Dr. Zahoorullah S MD, Chief Innovation Officer, Atal Incubation Centre, ALEAP WEHUB was invited as a guest speaker in this session. It was followed by an inquisitive Question and Answer session. Around 130 participants including students and Faculty attended the event.

Key Highlights

The event served as a beacon of inspiration and knowledge, where eager attendees delved into the realms of research, innovation, and entrepreneurship. The participants were treated to an enlightening discussion and presentation, each offering valuable insights into key topics shaping the landscape of academia and industry. Here’s a brief overview of the key highlights that illuminated the event, sparking curiosity and fostering collaboration among all those in attendance.
  1. Amrit Kaal and Resources to Outcome
  2. Inauguration of AIM Neeti Aayog
  3. Technology Newness and Initiatives of India
  4. National Innovation and Startup Policy (NISP) 2019
  5. Major Scientific Agencies and Problem Statement Classification
  6. Technology Readiness Levels and Startup Roles

Amrit Kaal and Resources to Outcome:

  • The speaker delved into the concept of “Amrit Kaal” or the period of early morning, symbolizing freshness and
    purity.
  • Noteworthy statistics were shared, including the approval of 47,258 journals by UGC Care and the publication
    of 1.5 lakh articles in Indian journals.
  • India’s commendable global rank of 40th out of 132 economies in terms of research output was highlighted.

Inauguration of AIM Neeti Aayog:

  • Attendees learned about the inauguration of AIM Neeti Aayog on 27th June 2019 by Sri R. Ramanan,
    signifying a significant milestone in the promotion of innovation and entrepreneurship in India.

Technology Newness and Initiatives of India:

  • Various aspects of technology, including sustaining, disruptive, incremental, and radical innovations, were
    explored.
  • Key initiatives of India, such as the National Education Policy (NEP) 2022, were discussed. Focus areas under
    NEP 2022 include universalizing access to quality education, promoting research and innovation, and fostering
    holistic development.

National Innovation and Startup Policy (NISP) 2019:

  • The speaker elucidated the objectives of NISP 2019, which aims to empower Higher Education Institutions
    (HEIs) to strengthen the innovation and entrepreneurial ecosystem on campus.
  • Emphasis was placed on leveraging the creative problem-solving skills and entrepreneurial mindset of students
    to drive innovation.

Major Scientific Agencies and Problem Statement Classification:

  • Attendees gained insights into prominent scientific agencies in India, including DRDO, DAE, DOS, DBT,
    DST, MST, and others.
  • The classification of problem statements, spanning various domains such as general, administration, academic,
    R&D, industry, and applications, was discussed in detail.

Technology Readiness Levels and Startup Roles:

  • Attendees learned about the Technology Readiness Levels (TRLs) of organizations like ISRO, NASA, ESA,
    and DOE, offering a glimpse into the maturity and readiness of their technologies.
  • The roles of startups in India, ranging from Phoenix (reborn from failure), Unicorn (valued at over $1 billion),
    to Cockroach (resilient and adaptable), were elucidated, providing inspiration and insights for aspiring
    entrepreneurs.

In Conclusion

The HIE event provided attendees with a comprehensive understanding of various facets of research, innovation, and entrepreneurship. From insightful discussions on technology and policy initiatives to practical insights into problem-solving and startup culture, the event served as a catalyst for inspiration and collaboration in driving India’s innovation ecosystem forward.

GALLERY