Awareness on NISP 2019

NISP was launched on

• 24th November 2019

• 11th September 2019

• 09th November 2019

• 02nd October 2019

Among the thrust areas of NISP 2019, Norms for Faculty Startup fall under which area

• A1

• B1

• B3

• A3

• C

Creating a company and stabilizing its business model fall under which phase of incubation process

• Pre-incubation

• Incubation

• Acceleration

What is the minimum % of institution's total budget need to be allocated by HEI for creation of Innovation Fund for supporting Innovative projects and startups

• 5%

• 2%

• 9.5%

• 1%

• 10%

What is the minimum % of equity/stake an institution's incubator can claim from a startup/company

• 3%

• 5%

• 2%

• 9.5%

• 12%

Problem identification, solution development, proof of concept validation and prototype/proposal/business model development up to a MVP (Minimum Viable Product) comes under which phase of incubation process

• Pre-incubation

• Incubation

• Acceleration

What is the maximum % of equity/stake an institution's incubator can claim from a startup/company

• 5%

• 9.5%

• 15%

• 7.5%

What is the minimum position required to take up the responsibility of Entrepreneurial Agenda?

• Associate Professor

• Dean/Director

• Principal

• Incubation Manager

According to NISP 2019, an institute can provide services and facilities to outsider entrepreneurs too.

• Yes

• No

An institute can mobilize resources from which of the following sources to promote entrepreneurship

• Own Resource (1% of the annual budget)

• Raising fund from diverse sources (state and central agencies)

• Incubation fund support under CSR

• Sponsorship/Donation from Alumni network

• All of the above