How do programmes at Somaiya Vidyavihar boost entrepreneurship?

In today’s ever-evolving global landscape, start-ups have emerged as the driving force behind innovation, economic growth, and social change. With the entrepreneurial spirit at its peak, individuals across the world are not just seeking careers; they’re crafting their destinies. As we witness the exciting surge in entrepreneurship worldwide, it becomes crucial to explore the role of educational institutions in shaping future entrepreneurs.

Well, institutions across the nation have well-designed curriculum and one must choose a suitable one. One such university that can always be considered is Somaiya Vidyavihar. They have a unique blend of education, innovation, and mentorship that not only keeps pace with the entrepreneurship boom but also propels it to new heights. They help you understand the right skills and mindset needed to thrive in an entrepreneurial ecosystem that has no bounds.

Why is Somaiya Vidyavihar known as the best private university in Mumbai?

As mentioned above, they have a well-designed curriculum that allows the students to get insights into real-world challenges. Right from Bachelor’s to Master’s and Ph.D., several foundation courses help one understand different aspects of new business ventures. But when the students are about to choose the subjects, it will be based on the trends in technology and industry.

Multiple courses allow the students to take up projects and conduct research to learn something new and be ready to thrive in the real world. If you wish to be a part of a university that gives you insights into the real world, Somaiya Vidyavihar University is among the top private universities to consider. They not only help you explore the right side of education but also assist you with research and development that makes your industry ready. 

Somaiya Vidyavihar sets a perfect example of assisting students in the right manner. They have contributed to a few start-ups and initiatives boosting the confidence of future entrepreneurs that allow the students to understand the opportunities and be someone exponentially contributing to the growth of the country.

What are some of the start-ups/initiatives that are led by the institute?

As a thriving entrepreneur, you might want to get exposed to opportunities that help you consider real-time practise. Somaiya Vidyavihar University has established and supported start-ups. A few of the current initiatives that can be glanced at include, 

  • Riidl – In 2010, the Research Innovation Incubation Design Laboratory Foundation (riidl Somaiya Vidyavihar), was initiated by Somaiya Vidyavihar and supported by the Somaiya Trust. This was organized to drive innovation and entrepreneurship. Currently, it comprises 39,000+ students and 1800+ faculty, including on-campus people and outsiders. It has incubation centers, co-working spaces, and lab facilities within the university campus. The aim was to bring students, faculty, and researchers together to connect and collaborate to tap into resources and develop their innovations into startup companies. Riidl Somaiya Vidyavihar supports the creation of early-stage companies. They help with ideation, provide resources, government grants, labs, and mentorship. Till date, we have incubated over 170+ startups & created 600+ full-time job and internship opportunities with a community of 750 maker teams. From the audience of over 105 countries with more than 104k views and reaching 1000+ cities, the valuation of startups incubated is over INR 1226 Cr. The revenue generated by the startups is more than 290 Cr. The Department of Science & Technology, Government of India, has awarded riidl Somaiya Vidyavihar with the National Award for the year 2020 in the Emerging Technology Business Incubator category.
  • Maker Mela 2023 – If you visit our website, you will come across Maker Mela, which showcases the various innovations of students. Students have come up with many products by embracing current technologies. Additionally, you will also observe some eco-friendly solutions that are valuable for nature. 
  • Darwin 4th Edition – Darwin is an International conference that was held in February 2023. Apart from commemorating the accomplishments of research enthusiasts, the conference also covered some sessions by biologists, workshops, and a paper presentation competition. Students will also be happy to be a part of a hackathon to solve problems in sustainable biotechnology.
  • Startup School India – The university was also proud to launch ‘Startup School India’, which empowers entrepreneurs with knowledge and the requisite skills to develop prototypes based on the design thinking approach. While the programme moved ahead, many industry experts helped the students understand the market and develop strategies for a sustainable business.
  • Kala Vidya – One such initiative taken under the Startup School India is Somaiya Kala Vidya. This is a distinctive programme offered by Somaiya University, where both national and international educators provide invaluable guidance to individuals striving for success in the global craft markets. This programme offers a unique blend of design and business education to traditional artisans, empowering them to showcase their art to a broader audience and break free from limitations on their reach

Feel free to contact Somaiya Vidyavihar University to learn how we ignite the passion in students to become successful entrepreneurs.

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