Finalist

Entrepreneurial University of the Year Award

Chitkara University

Finalist of the Entrepreneurial University of the Year Award

Chitkara University - India

"Building a Future Ready Generation of Entrepreneurs"


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Summary

Innovation and Entrepreneurship have emerged as essential components for the success and growth of any nation. The future of India is dependent on its future entrepreneurs. The Chitkara University places a high value on entrepreneurship culture and plays a critical role in developing the entrepreneurial ecosystem in India by educating graduates with entrepreneurial abilities.
Chitkara University was established by two academic entrepreneurs, Dr. Ashok K. Chitkara and Dr. Madhu Chitkara. Chitkara University opened its first incubator, the "Chitkara Innovation Incubator Foundation (CIIF), in 2015, with the vision of promoting entrepreneurial spirit among youth by promoting cutting-edge technology startups that will lead to the country's economic and social development.
Chitkara University is on a mission to increase our ecosystem’s productivity by connecting grass-roots innovators with the right opportunities. CIIF, Chitkara University is working very closely with the local community to support community-based innovations. Many Indian schools were also assisted in developing and implementing innovation and entrepreneurship programmes. In line with the Government of India’s initiative, Startup India, Chitkara University empowers founders who are and will be solving some of the world’s most pressing challenges through technology-based solutions.

Chitkara University was ranked second in India for entrepreneurship and innovation among self-funded private universities in 2022. (ARIIA 2022, Govt. of India). Over 2000 patents have been filed, with over 500 granted. 4000 SI publications have been produced in the last ten years. Chitkara University is now much closer to achieving its vision. We currently have over 150 active startups, with over 2000 team‐members.

Key People


Dr. Ashok K. Chitkara
Chancellor
Chitkara University



Dr. Madhu Chitkara
Pro Chancellor
Chitkara University



Mr. Mohit Chitkara
Vice President
Chitkara Educational Trust



Dr. Archana Mantri
Vice Chancellor
Chitkara University



Dr. Adarsh Aggarwal
Vice President
Chitkara Innovation Incubator Foundation,  Chitkara University


Images

Chitkara University incubated Farm Engineering Start-up GFF Innovations Pvt Ltd won gold at Ingenuity-2018 Innovation Challenge at University of Nottingham, Ningbo, China.

Mr. Divam Wadhwa, Founder of Chai Nagri- a Chitkara University incubated and mentored startup got listed as inspiring and rising entrepreneur in Under 30 Category by Business Mint.

Dr. Neha Tuli, Founder of 6DOF Solutions Pvt Ltd- an Ed-Tech startup incubated and mentored by Chitkara University won Women Entrepreneur of the Year Award from Software Technology Parks of India (STPI) at Tiecon 2022.

Akshay Ahuja, Founder of Robochamps- A startup incubated and mentored by Chitkara University created a world record by organizing world largest virtual class in which 6200 students participated and learnt coding skills.

Mr. Ankit Bhateja and Raghav Sharma (Co-Founders of Xovian Aerospace Pvt Ltd- A startup incubated and mentored by Chitkara University) were featured by “The Sunday Magazine” for their exemplary work in Aerospace engineering.

Aniket Bhardwaj and Shubham-Cofounders of Seacup Visionaries Pvt Ltd (a startup incubated and mentored by Chitkara University) represented Chitkara University at European Innovation Academy, Portugal in 2017.

Chitkara University incubated startup was recently named one of the Top 7 Global Startups by the United Nations World Food Programme (WFP). Aumsat was chosen for the prestigious World Food Program in 2022

IMPACT STORY

Impacting lifes

Neha Tuli has joined Chitkara University to finish her doctorate in computer science. She says that Chitkara University ignited an entrepreneurial passion in her that she was unaware of. It prompted her to launch a startup based on personal experience. Neha’s niece was a specially-abled kid. She wanted to assist specially-abled children by tackling the issue of a lack of interactive tools and learning resources. She along with Shivam (another computer science student at Chitkara University) co-founded a social venture, '6DOF Solutions Private Limited and then embarked on a university-supported journey that saw them create a lab-scale prototype.
They participated in the Chitkara Innovation Incubator Foundation's (CIIF) six-month incubation programme and received seed funding of $50,000 from CIIF, Chitkara University, as well as mentorship.
By using augmented reality technology they have developed an interactive, engaging learning kit which allows specially-abled kids to learn basic English language skills and live coloring simulations. With this innovative technology, specially-abled kids can learn and visualize efficiently for a better and quick understanding.
"Chitkara University is a truly entrepreneurial university."One of the best things about CIIF,Chitkara University is that it has such a vast network of startups, mentors & investors who are always available to support, help & guide you," they said.
The startup has commercially launched their products in the market. One of the most rewarding aspects of incubating & mentoring 6DOF Solutions has been the bond we have developed with Neha and Shivam. They have volunteered to serve as mentors for emerging entrepreneurs.

LEARNINGS

Lessons learned

India is ranked third in the world in terms of the number of registered startups, and in order to maintain the current rate of growth, a strong ecosystem for fostering innovation and startups must be established. We need to create an entrepreneurial ecosystem in every college and university that can help startups at the idea stage and mentor them throughout their journey of developing new technologies and commercialising new products. More than anything else, startups at this stage require the right kind of mentor who can share their vision and dreams and who shares the founder's entrepreneurial passion.

There is no such thing as an impossible dream. We need to build a more humane, sensitive, and inclusive entrepreneurial ecosystem. Only then will we be able to find solutions to the global issues that are afflicting today's generations.

Entrepreneurship is a mindset, not a career. Whatever you do or where you are, if you approach it with an entrepreneurial mindset, you will be more efficient and effective, and the results will be far superior.

FUTURE PLANS

What's coming?

Chitkara University will empower founders who will use new technology to solve some of the world's most pressing problems. More founders will have a positive impact on the world if they are properly supported.

Chitkara University intend to create a "world-class incubation ecosystem" in which innovators and entrepreneurs from all over the world, regardless of class, creed, or geographical boundaries, can collaborate seamlessly to create solutions for current and future global challenges.

Chitkara University will create a holistic entrepreneurial ecosystem with innovation labs and infrastructure that will allow startups to handle product development, testing, qualification, and implementation while remaining accessible 24 hours a day, seven days a week. We will also be taking up promotion of incubation in strategic areas for the country that is non-existent in the country today.

KEY STATISTICS

9500

Students Sensitized about entrepreneurship in last one year

160

Average number of Startups idea mentored in a year

150

Currently active startups incubated & mentored by Chitkara University

2000

Employment opportunities created by incubated startups by Chitkara University

2000

Patent filed

500

Patent granted

37 USD Million

Current valuation of the Incubated Startups

450

Startups mentored by Chitkara University

45

Research & Prototyping Labs

Triple E Awards

The Triple E Awards are a global recognition of efforts toward the quest for entrepreneurship and engagement in higher education. It is the first award to focus specifically on different dimensions of the universities' third mission. Implemented regionally, the Triple E Awards aim to foster change in universities and to emphasize their role in their communities and ecosystems.

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