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MGU Innovation Foundation is a nonprofit Section 8 company under the Companies Act, 2013 (A Special Purpose Vehicle) incorporated on 19 December 2019 with the aim of functioning as a business innovation ecosystem of Mahatma Gandhi University.
MGU Innovation Foundation, a nonprofit Section 8 company under the Companies Act, 2013, was established on 19 December 2019 as a Special Purpose Vehicle. It serves as the business innovation ecosystem of Mahatma Gandhi University, operating under the guidance of the RUSA 2.0 project by the Ministry of Education. The foundation fosters incubation in cutting-edge domains, empowering emerging technologies and businesses in areas such as cloud computing (Machine Learning, Artificial Intelligence, Cyber Security, IoT, Mobile and Web Apps), as well as Science and Engineering fields including Automobile, Mechatronics, Robotics, Nanotechnology, Bioinformatics, and Drug Design.
To create innovative solutions that transform academia and industries, fostering sustainable development and prosperity through nurturing entrepreneurship, leaving a legacy of ethics and social responsibility for future generations.
Foster the growth of young entrepreneurs and facilitate their entry into the business world.
Provide Business Incubation services for products and technology development.
Offer comprehensive support to entrepreneurs leveraging academia, industry, financial and legal resources.
Deliver training, consultancy, advisory services and a virtual incubation/co-working space for start-ups.
Develop tailored software and firmware solutions to meet specific needs.
Execute inter/multidisciplinary projects, privately and publicly funded.
Focus, ideate, and implement R&D projects to meet public requirements.
