In an era where innovation defines economic leadership, entrepreneurship is no longer
optional, it is essential. The Centre for Entrepreneurship & Innovation (CEI) at NICMAR
University, Pune (NUP) has emerged as a transformative platform, nurturing
entrepreneurial talent within the built environment and beyond.
CEI represents a shift in higher education from traditional, placement-driven outcomes
to an innovation-led ecosystem where students are encouraged to create value, build
enterprises, and solve real-world challenges. Acting as a bridge between academia,
industry, and capital, the Centre enables ideas to evolve into scalable and sustainable
ventures.
A defining feature of CEI is the Innovation, Entrepreneurship & Venture (IEV) Project,
integrated into MBA programs across all schools at NUP. Unlike conventional research
projects, IEV enables students to develop market-ready business models, build
prototypes, and transition from ideation to Startup creation.
Structured across three semesters, ideation, prototyping, and venture creation, the
program provides a hands-on entrepreneurial journey aligned with national frameworks
such as NISP and AICTE Startup Policy. It marks a critical shift from knowledge
acquisition to value creation.
CEI has institutionalized a systematic pathway that takes ideas through stages of
screening, mentorship, business planning, pitching, funding, and incubation. This
structured approach ensures that entrepreneurship is not incidental, but designed,
mentored, and outcome-driven.
A key enabler of this ecosystem is CEI’s pre-seed funding framework, offering ₹1–2 lakh
per Startup to support early-stage development. This funding facilitates prototype
creation, intellectual property protection, and market validation. With milestone-based
monitoring and mandatory company formation, CEI insures transparency, accountability,
and investment readiness.
The impact of CEI’s initiatives is evident in its recent outcomes (AY 2024–2026):
More significantly, the number of students aspiring to become entrepreneurs has
increased sharply, reflecting a strong cultural shift within the university.
CEI’s ventures are deeply aligned with industry needs, particularly in Construction
Technology, Design, and Sustainability. Innovations include AI-driven diagnostics in
construction, BIM and cloud-based platforms, labour aggregation systems, and sustainable
development solutions. This sector-focused approach ensures that innovation is
practical, scalable, and impactful.
The most significant contribution of CEI lies in transforming mindsets. Students are
evolving from job seekers to job creators, and entrepreneurship is becoming a mainstream
career pathway. Through mentorship, industry engagement, and experiential learning, CEI
has embedded innovation into the institutional DNA of NUP.
CEI aims to scale its impact through stronger industry partnerships, enhanced incubation
programs, and global collaborations. Its vision is to position NUP as a leading hub for
entrepreneurship in the built environment sector.
“Entrepreneurship at CEI is not taught as a subject; it is experienced as a journey from
idea to impact.”
The ongoing campus placements this year saw a very good participation from multiple sectors such as Infrastructure, Real Estate, EPC, Oil & Gas, Conglomerates and Consultancy organisations with participation of 159 companies till date.
| Sr. | Particulars | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|
| 1 | Mean Salary (INR in lakhs) | 8.59 | 9.24 | 9.25 | 9.77 |
| 2 | Median Salary (INR in lakhs) | 7.50 | 7.74 | 8.00 | 8.72 |
We were able to add 25% new recruiters this year and 1174 students (93% of students) have already been placed till date.
Patron
Dr. Anil Agarwal
Vice Chancellor (I/c), NICMAR University, Pune
Advisor
Dr. Rahul Deshpande
Dean QA, NICMAR University, Pune
Editor
Dr. Amit Hiray
NICMAR University, Pune
Editor
Dr. Pallavi Nimbalwar
NICMAR University, Pune
Assistant Editor
Dr. B. Hemanth Sai Kalyan
NICMAR University, Pune
25/1, N.I.A. Post Office, Balewadi, Pune - 411 045, Maharashtra, India