Assistant for Startups

Reviewed 2023

Lovely Professional University (LPU), through its dedicated Division of Innovation and Entrepreneurship, offers strong support for startups focused on the low-carbon economy and sustainable technologies through its Incubation Facility.

  • Mentorship: Guidance from experienced professionals in fields related to low-carbon technologies and sustainable innovations.
  • Funding: Financial support to help startups develop and scale their innovations.
  • Access to Facilities: Availability of university infrastructure for research, development, and testing of low-carbon solutions.
  • Networking Opportunities: Connections with industry experts, investors, and other entrepreneurs to foster collaboration and growth.
  • Business Development Support: Assistance with business strategy, marketing, and scaling operations to help startups succeed in the competitive market.

Policy

The Innovation & Startup Policy at Lovely Professional University is formulated per the Nation Innovation & Startup Policy (NISP) recommendation. This policy is aligned with the NISP 2019 which laid the foundation for the formation of innovation and start-up policies of various higher education institutes facilitating a robust and organized system for uniformity in strategies and procedures adopted in various HEIs.
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Achievements related to Startups with low carbon economy/technology

EGolfkart

Development of EGolfkart by Startup “Republic Motors”:

Lovely Professional University (LPU), through its collaboration with Republic Motors, has taken a significant step in embracing electric mobility by developing e-rickshaws on campus. This initiative aligns with LPU’s commitment to sustainable development and eco-friendly solutions, promoting low-cost and environmentally friendly transportation. These e-rickshaws serve as a mode of shared, fixed-route mobility, providing affordable and green transportation options to students and staff across the sprawling university campus.
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Driverless Solar Power Bus

Driverless Solar Power Bus by Startup: The driverless solar-powered bus developed by Lovely Professional University (LPU) is a significant innovation in sustainable transportation. The bus is designed to operate without emitting any pollutants, contributing to cleaner air and a more sustainable environment. It harnesses solar energy, making it an eco-friendly alternative to traditional fuel-powered vehicles. This aligns with global efforts to reduce carbon footprints.

Space tech start up

Space tech start up: ISRO’s PSLV-C53 successfully launched three Singaporean satellites along with Digantara’s Digital Space Weather Instrument, the world’s smallest of its kind, developed by Lovely Professional University alumni. Led by CEO Anirudh Sharma and COO Rahul Rawat, Digantara created the first commercial space-based weather system, ROBI, as part of India’s first commercial payload on PSLV’s PS-4 platform. The instrument, with minimal power consumption, is adaptable to any satellite, enabling real-time space weather data. Earlier, Digantara interacted with Prime Minister Narendra Modi, who later praised the startup in his Mann ki Baat speech, highlighting its space tech innovation.
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