India, Jan. 5 -- Globally, startups that undergo incubation at university entrepreneurship programmes and college incubators are said to be more likely to succeed, create jobs, and generate more sales, according to one study. In India too, most of the leading colleges offer incubation support to student entrepreneurs through independent cells and divisions in India, and students from the top 10 colleges have gone on to found 4,900 startups.

So supporting and nurturing entrepreneurial ambitions at a college level is a proven method to drive innovation in the economy. However, when it comes to financial support mechanisms and connected ecosystems, student entrepreneurship is one of the most overlooked areas, as colleges face many constrain...