The ‘National Innovation and Startup Policy (NISP) 2019’ is a guiding framework to envision an educational system oriented towards start-ups and entrepreneurship opportunities for student and faculties. The guidelines provide ways to Indian HEIs for developing entrepreneurial agenda, managing Intellectual Property Rights (IPR) ownership, technology licensing and equity sharing in Startups or enterprises established by faculty and students.
On the basis of NISP guidelines TIMSCDR constituted a committee to formulate detailed guidelines for various aspects related to innovation, Startup and entrepreneurship management. The Institution Innovation and Startup Committee at TIMSCDR comprising of people associated with delivering incubation and pre-incubation services and facilities, alumni, innovators, entrepreneurs, startup founders etc. The committee consists of the following members:
| Sr. No. | Name | Designation | Research Committee Position |
| 1 | Dr. Vinita Gaikwad | Director, TIMSCDR | Chairperson |
| 2 | Dr. Suresh Shan |
Global Technology Powered India (Author Researcher Speaker Simplify RuralTech.CySec) BFSI NBFC Enterprise Architect Creative Innovator |
Member |
| 3 | Mr. Ashish Garde | Director, MAGIC (Marathwada Accelerator for Growth & Incubation Council) | Member |
| 4 | Mr. Nikunj Jakhotia | Accenture Alumni TIMSCDR | Member |
| 5 | Mr. Shirshendu Maitra | Asst. Professor | Member |
| 6 | Ms. Rashmi Vipat | Asst. Professor, IIC Coordinator | Member |
| 7 | Ms. Shweta Waghmare | Asst. Professor | Member |