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The college has many resources,tools available on campus that act as catalyst to improve Innovation and Entrepreneurship among students of different branches. We can always find the encouragement towards innovation in the campus. If the student is coming up with a great idea and if he/she has the ability to achieve what they thought then campus would definitely provide fund for their research and development. We get funding for research and development from #Internal Funding by Academy - Annually Rs. 5.0 lakhs is allocated. #Funding by alumni - Rs. 10 lakhs is available annually under this head #Funding by outside agencies - DRDO, ISRO, DST, AICTE, UGC give grants based on the projects submitted. Currently about 1.25 Cr worth projects are under process. Every Department has created R&D centres for perusing research and development which are operational actively. If a student starts research and development then definitely he/she is the coming up entrepreneur in future because practical knowledge always shows the person different from all others. V R Siddhartha Engineering encourages students to become entrepreneurs. Recently one of friend in our class has started a start-up which is complete apart from academics our department and our college has encouraged him to become an entrepreneur. To nurture the entrepreneurial,creative and innovation skills of the students ,various workshops,competitions,technical fests,talks,different clubs,incubation centers have been setup where students get inspired to become a social entrepreneur
== <span style="font-size:smaller;"><span style="font-size:larger;"></span></span>Faculty Innovation and Entrepreneurship ==
<span style="font-size:larger;"><span style="font-family:arial,helvetica,sans-serif;"> To encourage Faculty to undertake research activities and commercialize their research into an </span></span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">innovation or entrepreneurial activity, various research centres have been established in various </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">branches of VRSEC. The research centres that are aimed at improving innovation among the</span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">faculty has following benefits :</span>
<span style="font-size:larger;"><span style="font-family: arial, helvetica, sans-serif;">* To enhance the awareness about research and innovation or entrepreneurial activityamongst the faculty as well as </span></span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">students through events like workshops, various symposia and guest lectures on research centres have been established in various </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">methodology , innovation, patents etc.</span>
<span style="font-family: arial, helvetica, sans-serif; font-size:larger;"></span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">branches of VRSEC. The research centres that are aimed at improving innovation among the*To encourage faculty member to get involved in R&D activities and further commercialize </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">their ideas into a startup venture.</span>
<span style="font-size:larger;"><span style="font-family: arial, helvetica, sans-serif;">* To encourage/facilitate the faculty has following benefitsas well as students to publish papers in leading journals/ :</span></span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">conferences.</span>
<span style="font-size:larger;"><span style="font-family: arial, helvetica, sans-serif;">* To enhance the create awareness about research and innovation amongst the encourage/facilitate faculty as well asstudents to apply and work </span></span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">on funded research projects sponsored by IETE,APSSDC,INDIAN GOVERNMENT etc.</span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">The funding helps the Faculty to undertake their research and further commercialize it in </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">association with the companies that have funded the project or partnership with other </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">organizations</span>
<span style="font-size:larger;"><span style="font-family: arial, helvetica, sans-serif;">* To encourage/ facilitate the faculty as well as students through events like workshopsto work on Industry based live </span></span><span style="font-family: arial, symposia helvetica, sans-serif; font-size: larger;">projects that will help them to tie up with the concerned industry and guest lectures on researchdevelop </span><span style="font-family: arial, helvetica, sans-serif; font-size: larger;">entrepreneurial mindset with such projects.</span>
== University Technology Transfer Function ==