Section 34. Powers and duties of Board of Innovation, Incubation and Enterprise.

The Board of Innovation, Incubation and Enterprise shall have the following powers and duties, namely :- (a) to create synergy at policy and operative level mechanism for co-existence and co-operation between various research and development activities in the University, Skill Departments, colleges and various industries in the State and in other States; (b) to create synergy through operative policy mechanism and support system for incubation of good ideas such as product, process, service and innovation, into a scalable mode so as to establish small, medium and large industries ; (c) to establish a system to support protection of intellectual property rights at national and global level ; (d) to establish a system so as to guide and help young entrepreneurs in operational, legal, business model creation and financial support ; (e) to project and plan the activities to be carried out by the Innovation, Incubation and Enterprise Committee ; (f) to prepare annual programmes of activities of the Board of Innovation, Incubation and Enterprise and review the same periodically ; (g) to prepare the annual budget of the Board of Innovation, Incubation and Enterprise ; (h) to oversee and monitor the activities of the Innovation, Incubation and Enterprise Committee ; (i) to submit an annual report of working of Innovation, Incubation and Enterprise Committee to the Governing Council ; (j) to undertake any other task as may be assigned by the University authorities to carry out the objectives of the Board of Innovation, Incubation and Enterprise.