The Government of Haryana on May 12, 2023, notified the Entrepreneurship Development Program to channel the knowledge and energy of youth towards becoming active partners in the economic development process& to catalyze and promote the development of knowledge-based and innovation-driven enterprises and promote employment opportunities amongst youth, especially students.
Further to promote new enterprises, capacity building of existing MSMEs, and inculcating entrepreneurial culture in the country.
The following conditions have been stated for the eligible institutes to comply with:
• The institution should be a University/Deemed University or a premier Institute/College offering Engineering, Technology, Science/Management courses at degree level or above for at least 5 years.
• In the case of a College/Institute, it should be duly recognized, and affiliated. In case of the private institutions, it should be promoted by a Trust or a Society registered under relevant Acts besides being recognized/affiliated to AICTE/Universities.
• Qualified and dedicated faculty in various disciplines with a good Research & Development base and background in industry-related activities should be available at the Institute.
• Availability of at least two faculty members trained in Entrepreneurship through Development Programs or who have been involved closely in mentoring entrepreneurs or have conducted their own business in the past.
• Availability of workshops, laboratories, and computational facilities at the Institute.
• Library with a good collection of books and journals at the Institute.
• Experience in Entrepreneurship Development, Promotion, and Industry related activities such as Consultancy, Product Development, Testing, Calibration, etc.
The Scheme shall commence from the date of commencement of the Haryana Enterprises & Employment Policy, 2020 i.e. January 01, 2021 and shall remain in operation for a period of 5 years.
[Notification No. 25/05/2020-4IB-I]