Post COVID scenario looks grim in terms of employment. Last year too was a wash out due to the Pandemic. Under such circumstances, the role of IIC can be crucial in promoting Entrepreneurship among students. Researchers have realised that there are FOUR categories of students:

• Who graduate & take up jobs
• Who go for higher studies
• Who take up Entrepreneurship (either because their parents are running a business)
• Who really want to be Entrepreneurs.

Our honourable Prime Minister, Mr. Narendra Modi too has been speaking about encouraging today’s youth to take up Entrepreneurship. The New Education Policy, to be implemented from 2021-22, too speaks about Higher education institutes partnering with Companies to set up IIC.

All this has brought the importance of the IIC to the forefront. Though the idea looks brilliant, there could be a number of challenges to implement it. Researchers realised that a number of Colleges did set up IIC in a haste or even after careful planning, but to no avail. A few questions remain to be answered:

• Are the efforts taken by these IIC’s enough?
• Are the students really interested in collaborating with IIC’s?
• How are the students being benefited by Colleges setting up IIC’s?

Keywords: Innovation and Incubation Centre (IIC), Entrepreneurial Skills, Entrepreneurs.