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

The major objectives of NSTEDB are:

  • 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 Programme and schemes evolved by NSTEDB have created an awareness among S&T persons to take to entrepreneurship as an alternate career. The academic and researchers have started taking a keen interest in promoting entrepreneurship, which is now seen, not only as economically gainful but also socially relevant. Over 100 organisations, mostly academic institutions, R&D organisations, agencies specialising in entrepreneurship development training and also some voluntary agencies, have been initiated and supported by NSTEDB in the task of income as well as wealth generation besides creating new avenues of gainful and sustainable employment.

Some of the major activities of NSTEDB are outlined here. More programmes are being evolved to suit the changing socio-economic scenario and the available scope for entrepreneurship development.

The programmes are broadly classified into the following areas:

  • Training programmes
  • Institutional mechanisms for entrepreneurship development
  • Information dissemination
 
 
 

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