Science and Technology Entrepreneur's Park (STEP) at Thapar University (TU) promoted by NSTEDB, Department of Science & Technology, GoI, is a Centre for Business Incubation to promote business in the upcoming multidisciplinary area of Biotechnology. Established as a joint venture between National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India and Thapar University (TU) in April, 2005 offers a platform to individuals with semi-developed novel idea into proof of concept from bench scale to pilot plant by providing infrastructure support and forging link with relevant organizations and industries. STEP has taken the lead in nurturing innovations and converting them into commercial ventures.
STEP activities are intended to stimulate technological innovation, utilization of research results, transfer of knowledge and setting up of technology driven businesses so that fruits of knowledge reaches the society in the shortest possible time.
STEP focuses on the domains of agri-biotechnology, biofertilizers, mushroom cultivation, plant tissue culture and food processing technology. STEP has successfully incubated 18 companies out of which 9 have graduated. These firms have created more than 40 jobs and are generating revenues of nearly 1 crore.
STEP has gained considerable visibility in the region in providing necessary infrastructure for business incubation and opening new avenues for MBA, B.Tech and other students, teachers, researchers, farmers, entrepreneurs and industrial managers.
STEP has created an ecosystem for entrepreneurial education and is optimizing model for attracting clients and funds for its sustenance among its stakeholders.
In the past seven years STEP has trained a number of students and faculty from well established colleges, universities & institutes. Some of them are Lovely Professional University, Phagwara; Khalsa College, Govt. Mohindra College, Government Girls College, MM Modi College, Punjabi University, Asian Insitute, Patiala; Jaypee University, Solan; Dr. DY Patil Institute, Pune; Dashmesh Girls College, Badal; SLIET Longowal; Oxbridge College, Bangalore; SUSCET, Tangori; Hansraj Mahila Mahavidyalaya, Jalandhar; National Institute of Technology, Raipur; Dolphin (PG) College of Life Sciences, Mata Gujri College, Fatehgarh Sahib; Amity University, Gurgaon/Noida; Banaras Hindu University, Banaras; Panjab University, SGGS College, Chandigarh, Maharishi Markandeshwar University, Ambala, DAV College, Abohar; Delhi Technological University, Delhi and University of Kalyani, West Bengal.