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Faculty at LPU have rich industry experience so that they can guide students about various aspects of the industry. They also help to enforce the spirit of research and entrepreneurship among students. As such, LPU has many innovations and patents to its name. Many on-campus shops and businesses are set up and owned by enterprising LPU students. Sometimes the SEED capital for a start-up is also funded by the university. Similarly, research papers written by the students have been presented at various national and international conferences as well as published in Scopus-level journals. The Startup School is a part of Lovely Professional University which has a mammoth ultra-modern high-tech campus sprawling over high tech gigantic campus on the National Highway No.1 at the entry of Jalandhar City. Technology is always on the background, the ideas to use this technology and harness efficiency and productivity lies in the 21 schools of LPU. If you are a Wannabe Entrepreneurs who wants to work in their field of interest, the Ideation Workshop helps them create some revolutionary ideas in those fields. "More and more LPU students are foregoing the comfort of jobs to start up on their own. "
The scope of entrepreneurship is tremendous in a developing country like India. The unemployment in the country is rising day by day. The problem of under-employment is also added to that. As per the report of Labour Bureau, the employment rate is 5% in 2015-2016, the highest in last five years. The percentage is higher in the case of women at 8.7% than men at 4.3%. As per the 5th all -India annual employment-unemployment survey under Usual Principal Status (UPS), the estimated unemployment rate was 5%. The solace is to promote the entrepreneurial activities in the country. There are of course strong reasons behind choosing this career path by the young generation. People are ambitious and wish to control the future. There is the scope of more profits. The country is suffering from unemployment problem and opportunity for alternative career options are lacking. Is committed to promoting entrepreneurship at a larger level. For more information kindly visit Lovely Professional University websites or call on Tel: +91-1824-404404.