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Research and Development

Policy for Research and Consultancy Projects

The Institute follows a unique Incentive scheme to reward the faculty for the Research and Consultancy Project works carried out in the respective year. This scheme is introduced by the Management to impart research culture and to motivate faculty towards identifying new innovations. The incentive scheme is as per the table below.
Terms & Conditions:

  1. The consultancy work will be carried out under the Head (Principal) of Sona College of Technology.
  2. The revenue generated will be deposited in the Institution account. This is done to avoid misuse of funds. The Institute will provide the remuneration to the respective faculty as per the below chart, based on the revenue generated after the completion of every consultancy work.
  3. The students should be motivated towards participation in industrial consultancy projects.

S.No.

Category

Name

Percentage of Share

1

Research Funding and  Funded Projects from Apex Body, R & D Organizations, Industry MOU, University etc.,)

Principal Investigator

2% of the Received Fund only upon submission of Utilization Certificate (UC)

2

Research Funding and Funded Projects (from Apex Body, R & D Organization, Industry MOU, University etc.,)

All Co-investigators

Total of 1% on Received Fund (only upon submission of Utilization Certificate (UC))

3

Research Funding and Funded Projects (from Apex Body, R & D Organization, Industry MOU, University etc.,)

Contribution to the Institution

Actual cost incurred to establish the facility / procurement of equipments from the allotted fund.(assets registered under the Institution)

4

Consultancy and Testing services

Individual / Team

Ratio of 60:40 is shared   between Institution and Individual / Team.

5

Patent (US /  Overseas / Indian)

Author(s)

Ratio of 50:50 will be shared only on  commercialization  of the Patent