Student start-ups launched at NIT-C

Two student start-ups, Levyug and Staymithra Getaways, launched on NIT-C campus with support of CIEI and TBI. NEP and start-up policy fuel students' spirit to become entrepreneurs, providing job opportunities. Three more start-ups in pipeline; NIT-C permits two-year break for launching and promoting start-ups.

Imbibing the spirit of the National Student Start-up Policy 2019 formulated by the All India Council for Technical Education (AICTE), and the National Education Policy (NEP) 2020, two student groups have launched their start-ups on the campus of the National Institute of Technology Calicut (NIT-C).

Three more student start-ups were in the pipeline on the NIT-C campus, a release said.

More are expected to join the innovative journey as the institute now permits a two-year break from their academic pursuit for launching and promoting start-ups.

It is a positive trend that many students are now pursuing their passion to become entrepreneurs who are capable of offering job opportunities to many, said Prasad Krishna, Director of NIT-C.

The NIT-C has one of the oldest technology business incubators in India. However, the number of student start-ups was nominal in the earlier days, he said adding that the NEP and start-up policy had fuelled the spirit of students.

The two student start-ups launched on Tuesday are Levyug and Staymithra Getaways. While Staymithra offers a diverse range of travel and accommodation services that cater to every aspect of travel, Levyug aims at providing the right environment to young entrepreneurs by offering them resources, connections and essential information they require through one single app.

“Earlier, students from Tier I institutions like IITs and NITs were opting high salaried jobs in companies and only students from Tier II institutions were going for start-ups as they do not get lucrative job offers unlike Tier I institutions,” said S.M. Sameer, Dean (Academic), during the launch. However, now many students from IITs and NITs were becoming entrepreneurs at a young age, he said.