NEHU to provide incubating platforms in key sectors

SHILLONG: The North-Eastern Hill University (NEHU) will extend incubating platforms in certain key sectors like building materials, construction technology, new and renewable energy and environmental sustainability, water, sanitation and solid waste management and other emerging areas of national importance.
Union minister of state for social justice and empowerment Ramdas Athawale will formally open the Centre on Wednesday at the Multi-Use Convention Centre while Vice Chancellor, NEHU, Prof. S. K. Srivastava will preside over the function.
Health and Family Welfare Minister A.L Hek will also be present on the occasion.
A statement issued by NEHU said on Tuesday that the objective of the Incubation Centre is drawn from the vision of Prime Minister’s “self-efficiency in country’s products under Make in India” to provide an ecosystem for start-ups, to offer guidance, mentoring, physical space and network for funding and value based collaboration for incubation of novel ideas. With these intentions, NEHU aims to promote entrepreneurship in Northeastern states and wishes to expand its presence through start-ups, the statement said.
Further, the Centre will offer active incubation support to the new proposed ventures to become independent and self-supporting over the period. The centre will help provide technical knowhow to these ventures to become efficient, competent models so that they become eligible for formal funding support from donors, philanthropists, network partners and investors.
The focus areas will be aagriculture to develop products and processing which will ensure improved productivity, enhanced market-access and better quality of produce.
Healthcare, livelihood and waste management are other areas of focus.
Incubation Centre, NEHU is open for all young and budding entrepreneurs.