Directorate of Innovation, Startup & Acceleration (DISA)

Overview

The Directorate of Innovation, Startup & Acceleration (DISA) at Assam down town University is dedicated to fostering a dynamic ecosystem for innovation entrepreneurship, and business growth. Its mission is to nurture early-stage startups, promote cutting-edge research, and accelerate the commercialization of novel ideas. DISA encourages innovative thinking among students, faculty and the broader community through ideation sessions, hackathons and workshops.

Vision & Mission

Vision

Our vision is to transform Assam down town University into a leading hub of innovation and entrepreneurship, driving technological advancements, economic development, and sustainable business practices. We strive to create a thriving community where innovative thinking is encouraged, and entrepreneurs are equipped with the resources, mentorship, and opportunities they need to succeed and contribute to global challenges.

Mission

The mission of the Directorate of Innovation, Startup & Acceleration (DISA) at Assam down town University is to foster a dynamic and supportive ecosystem for innovation, entrepreneurship, and business growth. We aim to nurture early-stage startups, promote cutting-edge research, and accelerate the commercialization of novel ideas, empowering the next generation of entrepreneurs to make a positive impact on society.

Initiatives

The DISA has a few dedicated initiatives for students aspiring to undertake innovation and entrepreneurship activities.

Innovation Grant

Innovation Grant for students to undertake Innovation and Entrepreneurship

Maximum amount up to
₹25,000
  • Open to all AdtU students with innovative entrepreneurial ideas.
  • Available for academic projects as well as independent Startup ideas
  • Application Process

  • The application process commences at the beginning of each semester.
  • Students can apply through the dedicated link on the A Connect app of AdtU.

Entrepreneurship loan

Entrepreneurship loan for students to undertake Innovation and Entrepreneurship

Maximum amount up to
₹50,000
  • Open to all AdtU students with entrepreneurial ideas or students pursuing any business.
  • 2. Duration of loan term: 6 months
  • 0% Interest rate
  • Application Process

  • Application for the Students Entrepreneurship loan is open throughout the year.
  • Students can apply through the dedicated link on the A Connect app of AdtU.

Campus iDEATION

Campus iDEATION is an initiative by down town Venture Labs, the Technology Business Incubator of AdtU, designed to empower students who are eager to explore innovation and entrepreneurship while pursuing their studies at AdtU.

Benefits

  • Funding support for prototype/product development and business through existing schemes such as innovation grants and entrepreneurship loans.
  • Co-working space provided for selected student incubates
  • Training in business development and startup financials
  • Technical mentorship for product development
  • Mentorship from experienced industry professionals and successful startup founders.
  • FREE Company incorporation
  • FREE IPR processing
  • Legal and compliance support
  • Connections with other incubators and accelerators
  • Training and mentorship to apply for relevant government schemes
  • Linkage with investors for eligible Student startups

Application Process

  • Funding support for prototype/product development and business through existing schemes such as innovation grants and entrepreneurship loans.
  • Students can apply through the dedicated link on the A Connect app of AdtU.

Campus Bazaar

Campus Bazaar, an initiative by down town Venture Labs - AdtU, was established to create a platform for student entrepreneurs to sell their products every Friday and foster a culture of 'Earn while you learn.' AdtU recognizes the importance of entrepreneurship as a crucial skill for all students, regardless of their future career paths.

Benefits

  • Open to All
    Students: Sell anything from fast food, juice, stationary items, gift items, electronics item and more.
  • Flexible Participation:
    Participate individually or in groups of up to 4 members.
  • Free Stalls:
    Stalls are provided at no extra charge by the university.
  • Entrepreneurial Experience:
    Gain hands-on experience in entrepreneurship.
  • Special Opportunities:
    Take advantage of opportunities to set up stalls outside the campus on special occasions.

Application Process

  • Application for Campus Bazaaris open throughout the year.
  • Students can apply through the dedicated link on the A Connect app of AdtU.

Campus Stall

Campus Stall, an initiative by down town Venture Labs - AdtU, is designed to provide a permanent platform for student entrepreneurs to sell their products daily. Essentially, it’s a student-run shop located on campus where you can sell a wide range of items. This initiative allows you to gain real-world business experience and develop essential entrepreneurial skills.

Benefits

  • Open to All Students of AdtU:
    All students are welcome to participate and sell their products.
  • Sell a Wide Range of Items:
    Flexibility to sell anything from food and beverages to stationery and gift items.
  • Free Stall Space:
    The university provides stall space at no cost; students only need to cover utility charges.
  • Entrepreneurship Loan:
    Students running a Campus Stall can apply for an entrepreneurship loan to support their business.

Application Process

  • Application for Campus Stall is open throughout the year.
  • Students can apply through the dedicated link on the A Connect app of AdtU.

Innovations

down town Venture Labs foundation

An independent Technology Business Incubator (TBI) called the down town Venture Labs foundation operates under the auspices of DISA. Registered as a section 8 company, down town Venture Labs foundation provides a supportive environment for early-stage startups, offering a range of services including mentorship, funding, and access to state-of-the-art facilities. The incubator is dedicated to nurturing innovative ideas and helping startups scale their operations to achieve commercial success.

For more details about our diverse incubation programs and initiatives, please visit : https://dtvlfoundation.in/

Institution’s Innovation Council (IIC)

An independent Technology Business Incubator (TBI) called the down town Venture Labs foundation Assam down town University boasts a fully functioning Institution Innovation Council (IIC) that promotes a culture of innovation and entrepreneurship on campus and beyond. The IIC, under the leadership of Prof. Dr. Sunandan Baruah, achieved a remarkable rating of 3.5 stars for the academic year 2021-22, making it one of the highest performing private institutions in the Northeast region. Over the past few years, in coordination with the incubation center dtVL, the council has organized numerous idea/startup pitching sessions, ideathons, hackathons, capacity-building workshops on innovation, entrepreneurship and intellectual property rights (IPR) and various training sessions on prototyping, idea validation, design thinking and business model/revenue model etc. The IIC has also facilitated interactions with young entrepreneurs and investors from the local and national startup communities. Furthermore, the IIC established a Student Innovation Fund with a substantial corpus to financially support aspiring innovators and entrepreneurs at the University.

E-Cell

Assam down town University has established a student-led and student-managed E-Cell to foster innovation and entrepreneurship through hands-on learning. This E-Cell is driven by a dedicated team of students who take on various roles within the organization. The E-Cell aims to nurture a culture of innovation and support the creation of innovation-driven business enterprises within the student community at AdtU and beyond, in collaboration with the down town Venture Labs foundation and the University.

DISA Team

sangita
Name :Prof. (Dr.) Sunandan Baruah

Designation : Director, DISA

santa
Name :Pranjal Kr. Sarmah

Designation : Associate Director (i/c)- Entrepreneurship and Incubation

santa
Name : Sanjib Chamuah

Designation : Innovation Officer

sangita
Name : Devabrata Sarmah

Designation : Incubation Officer

santa
Name : Pankhi Saikia

Designation : Administrative Executive cum Front Office Executive