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Virtual Incubator: NVRIETI
Updated on 25 May, 2024

To promote, support and nurture the students interested in innovation and entrepreneurship, NCIDE has designed and developed a virtual incubator named as NVRIETI: NCIDE's Virtual Resource and Incubator for Entrepreneurship, Training and Innovation. NVRIETI portal and it has been made public for the students of IGNOU. It is a one stop portal for IGNOU students who are interested in innovation, startups and entrepreneurship. It has sections like IGNOU schemes, Resources, Inspiring Stories, Events/Workshop and Important Websites. Inspiring stories highlight stories of successful entrepreneurs. The NVRIETI: portal has password protected some additional facilities like a variety of learning resources, links to online courses, asynchronous and synchronous modes of communication with the registered learners of IGNOU.
The basic objectives of the Virtual Incubator-NVREITI are as follows:
1.      Providing pre-incubation support and guidance for identifying the problem areas and ideation for innovative solutions to the problems,
2.      Providing an online system to facilitate and support the potential innovator and entrepreneur students of IGNOU in incubating their ideas and converting them into start-ups,
3.      Building a vibrant virtual innovation and startup ecosystem, by establishing a network between learners, alumni, academia, financial institutions, industries and other institutions,
4.      Tracking their progress using analytics and the various components of the idea to startup lifecycle and provide handholding and mentoring support in virtual mode,
5.      Creating a network of entrepreneurs, mentors, investors, volunteers, and service providers together to help IGNOU learners interested in setting up their startups/ enterprise,
6.      Facilitating the potential innovators and entrepreneurs for connecting them with the nearby physical incubators and accelerators for the lab based support and guidance, if required to nurture their start-ups, and
7.      Making students aware of various funding opportunities and facilitating them to get financial support through different sources.
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[Updated on 19-Jun-2024]