Ministry of Education (MoE), Govt. of India has taken initiative to establish MoE’s Innovation Cell (MIC) to encourage inculcating the culture that will foster innovation in Higher Education Institutions (HEIs). The MIC intends to nurture the entrepreneurial skills among young people, helping and encouraging them to have innovative ideas and converting them to prototypes. MIC has envisioned having Institution’s Innovation Council (IICs) across HEIs in India. To promote innovation, IICs of HEIs are formed for developing proper ecosystem. In Sheila Raheja School of Business Management & Research (SRBS), IIC has been established in the calendar year 2021- 22.

Established Certificate

IIC is committed to strive for the economic, social and environmental progress of the country by fostering a culture of entrepreneurship among its students, who in turn will excel through ethical behavior, professionalism, uncompromised quality and innovation.


To develop an institutional system for harnessing the talents and ideas of aspiring student entrepreneurs and converting them into innovative business plans and strategies.

  • Inculcate the spirit of Entrepreneurship among the students.
  • Foster a culture of Creative thinking, Innovation and Entrepreneurship among students.
  • Create an Entrepreneurial ecosystem in the institute to motivate students for taking up Entrepreneurship as a preferable alternative career option to job placement.
  • Giving Entrepreneurship insight to the students through activities.
  • Providing infrastructure and support to students to facilitate the early stage of running a startup.
Constitution of Institution Innovation Council (IIC) at SRBS