The National Science & Technology Entrepreneurship Development Board (NSTEDB)
The National Science & Technology Entrepreneurship Development Board (NSTEDB), established in 1982 by the Government of India under the aegis of Department of Science & Technology, is an institutional mechanism to help promote knowledge driven and technology intensive enterprises. The Board, having representations from socio-economic and scientific Ministries/Departments, aims to convert "job-seekers" into "job-generators" through Science & Technology (S&T) interventions.
Objectives
- To promote and develop high-end entrepreneurship for S&T manpower as well as self-employment by utilising S&T infrastructure and by using S&T methods.
- To facilitate and conduct various informational services relating to promotion of entrepreneurship.
- To network agencies of the support system, academic institutions and Research & Development (R&D) organisations to foster entrepreneurship and self-employing using S&T with special focus on backward areas as well.
- To act as a policy advisory body with regard to entrepreneurship
The Programmes have created awareness among S&T persons to take to entrepreneurship as a career. The academics and researchers have started taking a keen interest in such socially relevant roles and have engaged themselves in several programmes. About 100 organisations, most of which are academic institutions and voluntary agencies, were drafted in the task of entrepreneurship development and employment generation.
The Board has also initiated programmes jointly with International organizations like UNDP on vocational training. This has broadened the scope and content of entrepreneurship development activities and brought in the international expertise for socio-economic upliftment. A special emphasis is now being given to cluster development where in a few selected clusters have been adopted for development using S&T methods and intervention.
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