The innovation cell of DIPM Council in colleges will help in establishing a technological committee under the guidance of DIPM Council to support development of innovative technology and get patent for the same.
The Draft MoU and Objectives of Innovation cell is as follows:
Memorandum of Understanding (MoA) of Innovation Cell for Interested Institutions
This is the MOU between DIPM Society and the Institute of establishing Student Chapter at the institute. The terms and conditions are as follows.
Innovation Cell at the Institute
Innovation is conversion of idea leading to improvement in way of doing things depending on availability of resources with guidance from those who are more experienced around us.
Innovation Cell is thus envisaged to network people, ideas, experience and resources to galvanise the innovation community in the college. This cell will not only help to nurture your ideas and encourage you to bring up business proposals but there is also a possibility that the institute may after rigorous evaluation of your idea, provide you with required facilities and perhaps facilitate you even in getting funds for your project.
Learning is a continuous process and there are always possibilities for improvement in the existing system around us. Using the facilities of workshops, laboratories, library including digital library facility, internet and intranet facilities and research facilities available in the institute, innovative ideas could be translated into reality or existing systems could be improved upon. Additionally, the Innovation Cell could facilitate in getting patenting for innovations and out of box projects with the help of the Institute.
The main aim of this Cell is, thus, to create intuition in terms of creative design ideas in various fields of engineering in an aesthetic approach. Innovation Cell will assist students and also encourage young talented minds by providing them a perfect platform for showcasing their talents, working together as teams and participate in various competitions. It will also serve to provide the students a platform to excel in their specialised area of interest.
To provide the conducive environment to the students to attain technical excellence in the field of Engineering Technologies and to develop a comprehensive and integrated personality.
To produce Engineering professionals adaptable to the changing environment, thus, becoming an entrepreneur with all round managerial capabilities and commitment to the Society.
Objective of the Cell
To motivate students to bring out their hidden talents in various disciplines of Engineering, Science, Soft Skills, Cognitive learning etc.
· To provide platform to realize and believe in themselves.
· To empower students to become young entrepreneurs.
· To create an innovative environment for the students to discover, develop, deploy and express their skills and talents.
Proposed Functioning of Cell
The Innovation Cell will function under the guidance and control of a Committee consisting of DIPM Society ,alumni of the College, Director and Head of Department of various disciplines of the college and students as under :
He will be ex-officio member nominated by DIPM Society
Preferably an alumni of the College selected through Alumni Association of the College
Director of the College
From amongst students of the College who are DIPM Society ) members
From amongst Alumni
Chairman DIPM Society Nominated member
· 4 Faculty Members
· 6 Members from Alumni Association
· 4 Students who are members of DIPM Society
Note : Cheques for expenditure will be signed by the Convener and General Secretary subject to ratification by the Executive Committee.
Funds of the Innovation Cell
The funds for the Cell will be generated as under but not limited to the following :
Donation from DIPM Society
Donations by Alumni
Donations from Companies
Sponsors of the Projects/Research
Management of Accounts of Innovation Cell
An account will be opened in the nearest bank of the concerned Institution. Accounts will be authorised by the DIPM Society and operated by the Executive Committee as above.
Project Research Outcome
Benefits will be shared by different Stakeholder in proportion of the seed money contributed by them. The ownership will be of the Innovation Cell of the College through DIPM.
The above MoU is signed today between DIPM Society and Amity University.