Intellectual Property Support
Through the CS2 and its official Intellectual Property (IP) Policy and Guidelines, the IISER Bhopal intends to put in place a system that brings order to the process of protection of inventions, and the utilization of inventions through processes of technology transfer and entrepreneurship. Within the above broad objectives, the specific objectives of the centre towards IP Policy are as follows
- Undertake the mining, identification, and location of IP in the various researches, consultancy, educational, and all other academic activities of the Institute.
- Encourage, create awareness, and facilitate the process (es) of securing and protecting the IP rights of all Institute personnel.
- Initiating and pursuing actions and deeds to maintain, prosecute, and keep in vogue the secured IP rights of the Institute; and Pursuing all the necessary procedures and actions to facilitate, catalyze, and bring to bear the Transfer of Technologies (ToT), including the commercialization, licensing, and other means of disseminating the technologies developed by the Institute.
Invention disclosure form (IDF) is the first step of identifying intellectual property (IP) and evaluating whether it is worth pursuing further for filing the patent. This process will also help in decision making at the institute level to support the patent application.
An IDF should be submitted to the institute when something new with a potential to have high worth of intellectual property in present or future is discovered /invented. Complete IDF would be an important document keeping the record of what has been invented as well as the circumstances under which the invention has been made.
Industry-Academia Interaction/Consultancy services
The objective of this program is to develop a network of faculty members who are interested to provide their services to the outside world. The centre would achieve this by-
- Finding expert areas of faculty / staff where consultancy can be offered.
- Finding out if there is Industrial need of consultancy in those areas.
- Matching the requirement of Industry with expert areas of IISER Bhopal faculty members.
- Generating income through consultancy services for both the faculty and IISER Bhopal.
- In progress: Policy document describing terms and conditions of faculty engagement in consultancy services with a clear mention of conflict of interest.
Platform Technologies Services
Most visionary ventures strongly feel that making small changes in existing product won’t take them anywhere. Therefore, it is truly important to go deeper into science to innovate and build new products. At CS2 through the LabCORE, the centre provides the opportunity to Industries to access state of the art platform technologies and instrumentation at IISER Bhopal. This program aims to cover following features at LabCORE
- To capitalize on the return it will receive through the services. The income generated would be part of the IISER funds and will contribute to the existing endowment of the institute.
- To increase the hour usage of instruments in the lab which are very investigator specific and aren’t into much use. To justify the investments on those expensive instruments along with the maintenance charges, the income generation would help in adding to the existing funds of the IISER Bhopal.
- To build an R&D centre fully or partly funded by the corporate through the active collaboration or support from Corporate' Social Responsibility (CSR) funds. This centre can be used by the IISER faculty, staff and scientific community from the corporate partners. It would be envisioned as an Industry-academic centre of excellence. It also provides an interface where academia meets industry, and would open up the possibilities for academicians to solve the real world problems.
- To create a science and media cell for popularization of science while being generalist in approach to the society and spread the word about innovation and excellent science that is being done at IISER Bhopal.
Endowment Fund for the Institute
The idea of giving back to the Society through supporting education and futuristic research is nurtured by the internationally reputed academic and research Institutes by creating endowments, encouraging the Corporate' Social Responsibility (CSR) initiatives, creation of faculty chairs, fellowships, scholarships for students and creation of physical infrastructure etc. To promote new initiatives in science education and cutting edge research at the Institute, there is a pressing need to create a substantial endowment. The Board of Governors has approved the proposal for creation of Institute's Endowment Fund for parking the net earnings of the Institute out of special efforts and use the interest of endowment for specific purposes and development plans. In long run, the CS2 will actively participate in fund raising for the IISER Bhopal endowment. The funds contributed by the corporate through CSR or by individuals can be categorized into restricted or non-restricted funds based on the recommendation of the concerned committee. Click here for more details.
- Restricted Funds raised will be subjected to certain conditions set out by the donor / contributor / funding agency or it may be restricted to be utilized for specific purposes.
- Unrestricted Funds will have no such restrictions. The objective while accepting an unrestricted grant / donation is to ensure its usage for general purposes that contributes to the aim in longer run.
- Endowment funds will be received with a stipulation from the donor that the principal amount will be invested in permissible guaranteed return schemes, and the return earned from this fund can be used for the purposes.
- The centre will explore the funding opportunities for IISER Bhopal through Contributions/ Donations/ Subscriptions/ Gifts from National/International Agencies and Individuals such as: Industry, Industry-associations, Trusts, Foundations, Any Other Institutions, Alumni, Faculty, Staff, etc. Utilization/Expenditure from endowment fund will be governed by institute’s investment policy of the endowment fund to create physical infrastructure, scholarships, community and social welfare, alumni activities, research and development and overall promoting science education.