Functions of the Committies
An Institution Innovation Committee (IIC) fosters a culture of innovation and entrepreneurship in educational or research institutions. Key functions include:
- Promoting Innovation: Encouraging creativity through workshops, seminars, and lectures.
- Ideation Support: Facilitating idea generation, mentorship, and incubation.
- Collaboration: Building partnerships with industry, startups, and other institutions.
- Monitoring: Setting goals, tracking progress, and evaluating innovation initiatives.
- Capacity Building: Training in innovation, IPR, and entrepreneurship.
- Resource Mobilization: Securing funding and managing resources for projects.
- Encouraging Startups: Supporting new ventures with business planning and funding guidance.
- IP Facilitation: Assisting with patents, copyrights, and commercialization.
- Competitions: Organizing hackathons and innovation challenges.
- Policy Advocacy: Advising on innovation strategies and best practices.
IICs integrate innovation into institutional activities, driving economic and social development.