The NorthCap Incubation & Innovation Centre

About Us

Vision

To Create a World Class, Self-Sustaining Innovation & Startup Ecosystem that will Nurture Knowledge based, Technologically Differentiated, Socially Relevant Ventures Creating Economic Impact on People in the Region, State, Nation and World.

Mission

To increase the successful development of new businesses, job creation and employment in Tech, Non–Tech and Social sectors that are aligned with unique areas of opportunity.

• Contributing to the competitiveness of the local economy
• Job creation
• Supporting SMEs with high growth potential
• Stimulating entrepreneurial spirit & innovation promotion
• Supporting specific sectors & industry cluster development
• Identifying exploring and developing regional competitiveness
• Enhancing links between universities, research institutions and the business community
• Contribute to the growth and success of emerging technology businesses.
• Transfer of knowledge & better leverage intellectual property from the University and area research institutes

NCU STICTH is an Innovation and Startup program at the NORTHCAP UNIVERSITY for fostering innovations and nurturing tech & non-tech start-ups. It administers a business incubator which provides ‘Idea to Company’ support for entrepreneurship and facilitates the conversion of ideas into startup ventures.

It is one of the earliest incubators in HEIs with a startup school. Over the years NCU STICTH has come across the barriers that impede the startup activities beyond a point. NCU STICTH has come up with a robust Innovation and Startup Policy that addresses the pain points of entrepreneurs and offers opportunities and support to maximize success.

Innovation and Startup Program is a kind of education that aims at cultivating the comprehensive qualities of entrepreneurship, the value of innovatory spirit and entrepreneurship abilities. The objectives of Innovation and Startup Program in THE NORTHCAP UNIVERSITY are in the following four aspects.

Cultivating the spirit of entrepreneurship

The spirit of entrepreneurship is the conception and ideology of starting a career, the state of self-reliance, hard struggle, achievements, and contributions, and it includes the following three aspects.

The spirit of entrepreneurship is the spirit of self-reliance and enterprise, and it is the support of triumph in entrepreneurship. It is also the spirit of being a master in controlling the destiny, displaying subjective initiative, and striving to realize dreams. The spirit of entrepreneurship is the spirit of hard struggle, which is defined as a fine tradition of NCU STICTH and a good quality of fearlessness, thrifty and diligence. The spirit of entrepreneurship is the spirit of innovation and consciousness of developing new ideas and new ways.

Strengthening three kinds of professional qualities

Innovation and Startup Program needs students to exercise and to improve professional qualities and abilities in all aspects during study and practice, especially to strengthen the following aspects.

• Leadership
• Risk-taking
• Teamwork

Expanding ways to employment

As a choice of occupation, entrepreneurship is a way to employment. Faced with a tough job market, it is of necessity to develop Innovation and Startup Program in THE NORTHCAP UNIVERSITY so that NCU STICTH students can obtain some knowledge of founding small business and professional qualities which are needed to entrepreneurs. And it is a choice of occupation for contemporary undergraduates to found their own small business and become self-employed by their comprehensive abilities and government’s preferential policies.

Bearing a part of quality-oriented education.

In fact, developing Innovation and Startup Program is a part of developing quality-oriented education and it is the support and concrete reflection of quality-oriented education in THE NORTHCAP UNIVERSITY.

Entrepreneurship needs comprehensive qualities, especially some high-quality talents. Therefore, Innovation and Startup Program is a new talent training mode which is established based on quality-oriented education. At the same time, as a kind of innovation, entrepreneurship demands broad horizon, wide knowledge, great wisdom, and effective grasp of the market; it also requires good abilities of organization and coordination and skills of interpersonal relationships. From the above it is clear that the society demands high qualities of entrepreneurs including abilities of being the characters of innovator, manager, and social activist.