IIM Kashipur conferred with a 4 star rating in national innovation rankings

• 2024-05-06 08:20:14
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IIM Kashipur was awarded a 4-star rating by the Institutions Innovation Council for the year 2022–23. This indicates an incredible improvement as the institute previously had a 3.5-star rating. 

Institutions Innovation Council was established in 2018 to foster a culture of Innovation amongst all Higher Education Institutions. Its main purpose is to identify and reward the innovations and share the success stories. The focus areas of the council are preparing the Institute for ARIIA (Atal Ranking of Institutions on Innovation Achievements Framework), building a unified innovation ecosystem, establishing mechanisms for the easy creation of start-ups, and promoting cognitive development in technology students.

The major success factors for IIM Kashipur's 4-star rating were the efforts of its incubation center, its focus on entrepreneurship, and FIED (Foundation for Innovation & Entrepreneurship Development). 

The FIED Foundation is built in an area of 20000 sq. ft.; its initiatives in agri-technology and agri-entrepreneurship have created a robust innovation and entrepreneurship ecosystem in Uttarakhand state. It is also spreading its footprints in sectors including Education, Tourism, and Sustainable Technologies. 

FIED's focus sectors include Agriculture, Education, Tourism, Ayurveda and Wellness, Art and Crafts, Manufacturing, Logistics, FinTech, and Social Entrepreneurship.