Description:BACKGROUND
Field of Invention
[001] Embodiments of the present invention generally relate to a system for incubation of an entrepreneurship ecosystem model and particularly to a system for establishing an entrepreneurial ecosystem at higher education institutions.
Description of Related Art
[002] States aim to boost their indigenous companies to bolster their economies. Cultivating a startup culture is crucial at this juncture. While higher educational institutions are ideal platforms for this endeavor, they often lack the necessary ecosystem to nurture students into successful startup entrepreneurs.
[003] In recent years, the global economy has witnessed a surge in the importance of startups and entrepreneurial ventures as engines of innovation, economic growth, and job creation. Recognizing this trend, there has been a growing emphasis on integrating entrepreneurship education within higher education curricula.
[004] However, despite the recognition of the value of entrepreneurship education, there remains a significant gap in providing a comprehensive ecosystem within higher education institutions to groom and support budding entrepreneurs. The traditional academic framework often falls short of offering the requisite resources, mentorship, networking opportunities, and infrastructure necessary for students to transform their ideas into viable, scalable enterprises.
[005] Existing models and approaches for entrepreneurship education often lack a holistic perspective, leading to a fragmented and less effective entrepreneurial learning experience. There is a pressing need for an integrated ecosystem that seamlessly combines academic coursework with real-world experiential learning, mentorship, funding support, and access to industry networks.
[006] There is thus a need for an improved and advanced system for establishing an entrepreneurial ecosystem at higher education institutions that can administer the aforementioned limitations in a more efficient manner.
SUMMARY
[007] Embodiments in accordance with the present invention provide a system for establishing an entrepreneurial ecosystem at higher education institutions. The system comprising: a processor located on an application server. The system further comprising: a storage medium comprising programming instructions executable by the processor. The storage medium comprises: a registration module configured to register a user using a computer application by receiving user details through a user device; an idea germination module configured to enable the user to germinate an idea for the startup, wherein the idea is germinated from predefined sources; a pre incubation module configured to pre incubate the idea germinated by the user; and an incubation module configured to incubate the pre incubated idea with an involvement of third-party agencies.
[008] Embodiments in accordance with the present invention further provide a method for establishing an entrepreneurial ecosystem at higher education institutions. The method comprising steps of: registering a user using a computer application by receiving user details through a user device; enabling the user to germinate an idea for the startup, wherein the idea is germinated from predefined sources; pre incubating the idea germinated by the user; and incubating the pre incubated idea with an involvement of third-party agencies.
[009] Embodiments of the present invention may provide a number of advantages depending on their particular configuration. First, embodiments of the present application may provide a system for establishing an entrepreneurial ecosystem at higher education institutions.
[0010] Next, embodiments of the present application may provide a system for establishing an entrepreneurial ecosystem at higher education institutions that is reliable.
[0011] Next, embodiments of the present application may provide a system for establishing an entrepreneurial ecosystem at higher education institutions that is free to use for all.
[0012] These and other advantages will be apparent from the present application of the embodiments described herein.
[0013] The preceding is a simplified summary to provide an understanding of some embodiments of the present invention. This summary is neither an extensive nor exhaustive overview of the present invention and its various embodiments. The summary presents selected concepts of the embodiments of the present invention in a simplified form as an introduction to the more detailed description presented below. As will be appreciated, other embodiments of the present invention are possible utilizing, alone or in combination, one or more of the features set forth above or described in detail below.
BRIEF DESCRIPTION OF THE DRAWINGS
[0014] The above and still further features and advantages of embodiments of the present invention will become apparent upon consideration of the following detailed description of embodiments thereof, especially when taken in conjunction with the accompanying drawings, and wherein:
[0015] FIG. 1A illustrates a block diagram of a system for establishing an entrepreneurial ecosystem at higher education institutions, according to an embodiment of the present invention;
[0016] FIG. 1B illustrates a storage medium for the system for establishing an entrepreneurial ecosystem at higher education institutions, according to an embodiment of the present invention; and
[0017] FIG. 2 depicts a flowchart of a method for establishing an entrepreneurial ecosystem at higher education institutions, according to an embodiment of the present invention.
[0018] The headings used herein are for organizational purposes only and are not meant to be used to limit the scope of the description or the claims. As used throughout this application, the word "may" is used in a permissive sense (i.e., meaning having the potential to), rather than the mandatory sense (i.e., meaning must). Similarly, the words “include”, “including”, and “includes” mean including but not limited to. To facilitate understanding, like reference numerals have been used, where possible, to designate like elements common to the figures. Optional portions of the figures may be illustrated using dashed or dotted lines, unless the context of usage indicates otherwise.
DETAILED DESCRIPTION
[0019] The following description includes the preferred best mode of one embodiment of the present invention. It will be clear from this description of the invention that the invention is not limited to these illustrated embodiments but that the invention also includes a variety of modifications and embodiments thereto. Therefore, the present description should be seen as illustrative and not limiting. While the invention is susceptible to various modifications and alternative constructions, it should be understood, that there is no intention to limit the invention to the specific form disclosed, but, on the contrary, the invention is to cover all modifications, alternative constructions, and equivalents falling within the scope of the invention as defined in the claims.
[0020] In any embodiment described herein, the open-ended terms "comprising", "comprises”, and the like (which are synonymous with "including", "having” and "characterized by") may be replaced by the respective partially closed phrases "consisting essentially of", “consists essentially of", and the like or the respective closed phrases "consisting of", "consists of”, the like.
[0021] As used herein, the singular forms “a”, “an”, and “the” designate both the singular and the plural, unless expressly stated to designate the singular only.
[0022] FIG. 1A illustrates a block diagram of a system 100 for establishing an entrepreneurial ecosystem at higher education institutions, according to an embodiment of the present invention. According to an embodiment of the present invention, the system 100 may comprise a user device 102, a computer application 104, a database 106, an application server 108, a processor 110, and a storage medium 112.
[0023] In an embodiment of the present invention, the user device 102 may be a device used by a user to upload a germinated idea into the system 100. The user device 102 may further be configured to receive updates regarding the uploaded idea into the system 100, in an embodiment of the present invention. According to embodiments of the present invention, the user may be, but not limited to, a student, a professional worker, and so forth. The user device 102 may be, but not limited to, a personal computer, a consumer device, and alike. In a preferred embodiment of the present invention, the user device 102 may be a portable handheld device. Embodiments of the present invention are intended to include or otherwise cover any type of the user device 102 including known, related art, and/or later developed technologies. In an embodiment of the present invention, the personal computer may be, but not limited to, a desktop, a server, a laptop, and alike. Embodiments of the present invention are intended to include or otherwise cover any type of the personal computer including known, related art, and/or later developed technologies.
[0024] Further, in an embodiment of the present invention, the consumer device may be, but not limited to, a tablet, a mobile phone, a notebook, a netbook, a smartphone, a wearable device, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the consumer device including known, related art, and/or later developed technologies.
[0025] According to an embodiment of the present invention, the user device 102 may comprise software applications such as, but not limited to, a meeting application, a collaborating application, and the like. In a preferred embodiment of the present invention, the user device 102 may comprise the computer application 104 which may be a computer-readable program installed in the user device 102 for executing functions associated with the system 100.
[0026] In an embodiment of the present invention, the computer application 104 when logged in by an admin may provide an admin-related interface for operating the system 100. The computer application 104 when logged in by the user may provide a user-related interface for operating the system 100, in an embodiment of the present invention.
[0027] In an embodiment of the present invention, the database 106 may store the idea germinated by the user. In another embodiment of the present invention, the database 106 may store the user details. According to embodiments of the present invention, the user details may be, but not limited to, a username, a user age, a user gender, a password, a point of contact of the user, and so forth. Embodiments of the present invention are intended to include or otherwise cover any details associated with the user that may be stored in the database 106, including known, related art, and/or later developed technologies.
[0028] According to embodiments of the present invention, the database 106 may be for example, but not limited to, a distributed database, a personal database, an end-user database, a commercial database, a Structured Query Language (SQL) database, a non-SQL database, an operational database, a relational database, an object-oriented database, a graph database, a cloud server database, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the database 106 including known, related art, and/or later developed technologies.
[0029] Further, the database 106 may be a cloud server database, in an embodiment of the present invention. In an embodiment of the present invention, the cloud server may be remotely located. In an exemplary embodiment of the present invention, the cloud server may be a public cloud server. In another exemplary embodiment of the present invention, the cloud server may be a private cloud server. In yet another embodiment of the present invention, the cloud server may be a dedicated cloud server. According to embodiments of the present invention, the cloud server may be, but not limited to, a Microsoft Azure cloud server, an Amazon AWS cloud server, a Google Compute Engine (GEC) cloud server, an Amazon Elastic Compute Cloud (EC2) cloud server, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the cloud server including known, related art, and/or later developed technologies.
[0030] In an embodiment of the present invention, the application server 108 may be a hardware on which the processor 110 may be installed. According to embodiments of the present invention, the application server 108 may be, but not limited to, a motherboard, a wired board, a mainframe, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the application server 108, including known, related art, and/or later developed technologies.
[0031] In an embodiment of the present invention, the processor 110 may be located on the application server 108. The processor 110 may be configured to execute computer-readable instructions to generate an output relating to the system 100. According to embodiments of the present invention, the processor 110 may be, but not limited to, a Programmable Logic Control (PLC) unit, a microprocessor, a development board, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the processor 110 including known, related art, and/or later developed technologies.
[0032] In an embodiment of the present invention, the storage medium 112 may store the computer programmable instructions in form of programming modules. The storage medium 112 may be a non-transitory storage medium, in an embodiment of the present invention. The storage medium 112 may communicate with the processor 110 and execute a computer-readable set of instructions present in storage medium 112, in an embodiment of the present invention.
[0033] According to embodiments of the present invention, the storage medium 112 may be, but not limited to, a Random-Access Memory (RAM), a Static Random-access Memory (SRAM), a Dynamic Random-access Memory (DRAM), a Read Only Memory (ROM), an Erasable Programmable Read-only Memory (EPROM), an Electrically Erasable Programmable Read-only Memory (EEPROM), a NAND Flash, a Secure Digital (SD) memory, a cache memory, a Hard Disk Drive (HDD), a Solid-State Drive (SSD) and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the storage medium 112, including known, related art, and/or later developed technologies. In an embodiment of the present invention, the storage medium 112 may further be explained in conjunction with FIG. 1B.
[0034] FIG. 1B illustrates the storage medium 112 of the system 100, according to an embodiment of the present invention. The storage medium 112 may comprise computer-executable instructions in form of programming modules such as a registration module 114, an idea germination module 116, a pre incubation module 118, and an incubation module 120.
[0035] In an embodiment of the present invention, the registration module 114 may be configured to register the user on the system 100 using the computer application 104 by receiving the user details. Upon successful registration, the registration module 114 may generate an identification name and a password for the corresponding registered user, in an embodiment of the present invention. In an embodiment of the present invention, the identification name and the password generated may be a series of characters. According to embodiments of the present invention, the character may be, but not limited to, an alphabetical character, a numerical character, a special character, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type and any number of characters in the identification name and the password generated by the registration module 114, including known, related art, and/or later developed technologies.
[0036] Further, after the successful generation of the identification name and the password, the registered user may be eligible to log into the computer application 104 using the identification name and the password generated using the registration module 114. Further, after logging in to the computer application 104 the registered user may be presented with the user-related interface, after a successful login process of the user, the registration module 114 may transmit an activation signal to activate the idea germination module 116.
[0037] In an embodiment of the present invention, the idea germination module 116 may be activated upon receipt of the activation signal from the registration module 114. The idea germination module 116 may be configured to enable the user to germinate an idea for the startup, in an embodiment of the present invention. In an embodiment of the present invention, the idea may be germinated from predefined sources.
[0038] According to embodiments of the present invention, the predefined sources for germination of the idea may be, but not limited to, a boot camp, an idea test, an academic course, a seminar, a hackathon, and so forth. Embodiments of the present invention are intended to include or otherwise cover any predefined sources for germination of the idea, including known, related art, and/or later developed technologies.
[0039] Upon germination of the idea for the startup, the idea germination module 116 may transmit a pre incubation signal to the pre incubation module 118.
[0040] In an embodiment of the present invention, the pre incubation module 118 may be activated upon receipt of the pre incubation signal from the idea germination module 116. The pre incubation module 118 may be configured to pre incubate the idea germinated by the user, in an embodiment of the present invention. After pre incubation of the idea germinated by the user, the incubation module 120 may transmit an incubation signal to the incubation module 120.
[0041] In an embodiment of the present invention, the incubation module 120 may be activated upon receipt of the incubation signal from the pre incubation module 118. The incubation module 120 may be configured to incubate the pre incubated idea with involvement of third-party agencies, in an embodiment of the present invention. According to embodiments of the present invention, the third-party agencies may be, but not limited to, a mentor, an advisor, a collaborator, a subject matter expert, a funding agency, a center of excellence, and so forth. Embodiments of the present invention are intended to include or otherwise cover any type of the third-party agencies for incubation of the pre incubated idea, including known, related art, and/or later developed technologies.
[0042] FIG. 2 depicts a flowchart of a method 200 for incubation of the entrepreneurship ecosystem model for the higher education institutions using the system 100, according to an embodiment of the present invention.
[0043] At step 202, the system 100 may register the user using the computer application 104 by receiving the user details through the user device 102.
[0044] At step 204, the system 100 may enable the user to germinate the idea for the startup, wherein the idea is germinated from the predefined sources.
[0045] At step 206, the system 100 may pre incubate the idea germinated by the user.
[0046] At step 208, the system 100 may incubate the pre incubated idea with involvement of the third-party agencies.
[0047] While the invention has been described in connection with what is presently considered to be the most practical and various embodiments, it is to be understood that the invention is not to be limited to the disclosed embodiments, but on the contrary, is intended to cover various modifications and equivalent arrangements included within the scope of the appended claims.
[0048] This written description uses examples to disclose the invention, including the best mode, and also to enable any person skilled in the art to practice the invention, including making and using any devices or systems and performing any incorporated methods. The patentable scope of the invention is defined in the claims, and may include other examples that occur to those skilled in the art. Such other examples are intended to be within the scope of the claims if they have structural elements that do not differ from the literal language of the claims, or if they include equivalent structural elements within substantial differences from the literal languages of the claims. , Claims:CLAIMS
I/We Claim:
1. A system (100) for establishing an entrepreneurial ecosystem at higher education institutions, the system (100) comprising:
a processor (110) located on an application server (108); and
a storage medium (112) comprising programming instructions executable by the processor (110), characterised in that the storage medium (112) comprises:
a registration module (114) configured to register a user using a computer application (104) by receiving user details through a user device (102);
an idea germination module (116) configured to enable the user to germinate an idea for the startup, wherein the idea is germinated from predefined sources;
a pre incubation module (118) configured to pre incubate the idea germinated by the user; and
an incubation module (120) configured to incubate the pre incubated idea with involvement of third-party agencies.
2. The system (100) as claimed in claim 1, wherein the predefined sources for the germination of the idea are selected from a boot camp, an idea test, an academic course, a seminar, a hackathon, or a combination thereof.
3. The system (100) as claimed in claim 1, wherein third-party agencies are selected from a mentor, an advisor, a collaborator, a subject matter expert, a funding agency, a center of excellence, or a combination thereof.
4. The system (100) as claimed in claim 1, wherein the germinated idea from the user is stored in a database (106).
5. The system (100) as claimed in claim 1, wherein the database (106) is a cloud database.
6. The system (100) as claimed in claim 1, wherein the database (106) is configured to store the user details.
7. The system (100) as claimed in claim 6, wherein the user details are selected from a username, a user age, a user gender, a password, a point of contact of the user, or a combination thereof.
8. The system (100) as claimed in claim 1, wherein the computer application (104) is installed on the user device (102).
9. The system (100) as claimed in claim 1, wherein the user is selected from a student, a professional worker, or a combination thereof.
10. A method (200) for establishing an entrepreneurial ecosystem at higher education institutions, the method (200) characterised by steps of:
registering a user using a computer application (104) by receiving user details through a user device (102);
enabling the user to germinate an idea for the startup, wherein the idea is germinated from predefined sources;
pre incubating the idea germinated by the user; and
incubating the pre incubated idea with involvement of third-party agencies.
Date: November 22, 2023
Place: Noida

Dr. Keerti Gupta
Agent for the Applicant
(IN/PA-1529)