About S.P.A. F.I.R.S.T.

S.P.A. New Delhi has established “SPA FOUNDATION FOR INNOVATION AND RESEARCH FOR SOCIAL TRANSFORMATION” (S.P.A. F.I.R.S.T.) in 2021 to act as the Special Purpose Vehicle (SPV) with the functions of governing Start-up and Entrepreneurship initiatives/ mechanism.

The mission of SPA FIRST is to act as an incubation centre, conduct various activities related to innovation, startup and entrepreneurship development; develop and facilitate marketable and financially successful enterprises/ entrepreneurs/ startups of Faculty, Student and Staff based on their innovative ideas.

SPA FIRST will enable the school to actively engage students, faculties and staff in innovation and entrepreneurship related activities. This platform will also facilitate uniformity within the institution in terms of Intellectual Property ownership management, technology licensing and School Startup policy, thus enabling creation of a robust innovation and Startup ecosystem within the institution.

SPA FIRST will also evaluate the performance of the incubation activities and processes…

About SPA FIRST

SPA New Delhi has established “SPA FOUNDATION FOR INNOVATION AND RESEARCH FOR SOCOAL TRANSFORMATION” (SPA FIRST) in 2021 to act as the Special Purpose Vehicle (SPV) with the functions of governing Start-up and Entrepreneurship initiatives/ mechanism.

The mission of SPA FIRST is to act as an incubation centre, conduct various activities related to innovation, startup and entrepreneurship development; develop and facilitate marketable and financially successful enterprises/ entrepreneurs/ startups of Faculty, Student and Staff based on their innovative ideas.

SPA FIRST will enable the school to actively engage students, faculties and staff in innovation and entrepreneurship related activities. This platform will also facilitate uniformity within the institution in terms of Intellectual Property ownership management, technology licensing and School Startup policy, thus enabling creation of a robust innovation and Startup ecosystem within the institution.

SPA FIRST will also evaluate the performance of the incubation activities and processes.

Vision

To foster academia-industry collaboration by developing / co-developing knowledge based innovative ventures by leveraging core-competence of SPA Delhi and nurturing start-ups.

Aim

S.P.A. F.I.R.S.T. aims to be an effective Interface with the Industry to foster, promote and sustain commercialization of core competence of SPA-Delhi for mutual benefits and common good through the following goals:

  • Devising innovative ways for industry partnerships for example, setting up of R&D Centre’s of the industries, within SPA- Delhi.
  • Mentoring and training to enhance the skills of entrepreneurs.
  • Promoting linkages with business and community to enable knowledge transfer.
  • Providing seed funds for prototyping, incubation support to startups.
  • Facilitating efforts outreaching to Government, Business and Community.

Aim

SPA FIRST aims to be an effective Interface with the Industry to foster, promote and sustain commercialization of core competence of SPA-Delhi for mutual benefits and common good through the following goals:

  • Devising innovative ways for industry partnerships for example, setting up of R&D Centre’s of the industries, within SPA- Delhi.
  • Mentoring and training to enhance the skills of entrepreneurs.
  • Promoting linkages with business and community to enable knowledge transfer.
  • Providing seed funds for prototyping, incubation support to startups.
  • Facilitating efforts outreaching to Government, Business and Community.