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STEP's were initiated by the NSTEDB in 1984 in collaboration with different Indian financial institutions like IDBI, IFCI, and ICICI to enable science and technology persons to cultivate entrepreneurship culture and foster close linkage between universities, academic and R&D institutions on one hand and industry on the other.
The scheme for establishment of entrepreneurship development cell (EDC) in academic institutions was next such initiative taken by NSTEDB in 1986-87.
A scheme on establishment of TBI's in and around academic / R&D institutions was initiated by NSTEDB during 2000-2001 (NSTEBD Report a and b).
NSTEDB (National Science & Technology Entrepreneurship Development Board), since its inception in 1982 in India, has launched several programmes/schemes for entrepreneurship development over the past fifty years.
Congratulating the IIGP winners, Harkesh Mittal, Adviser, Member Secretary, National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology, Government of India said, "the technologies on display during the competition ensure us that India is sitting on a goldmine of talent.
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