ME-RIISE is associated with New Age Innovation Network and is working towards bringing up incubation centers that will encourage students, researchers, scholars, and alumni to share their ideas, nurture, and bring out technical solutions to problems that are local-centric. Entrepreneurship development and mentoring are one of the ten initiatives of KIG 2020 for creating new opportunities and jobs. One of the tasks under this head is to build ‘ KARNATAKA NEW AGE INNOVATION NETWORK.’ The main objective of the NAIN Scheme is to encourage students, research scholars, and alumni to share their ideas to solve the chosen problems which are local-centric and to validate, refine, and nurture the ideas. Incubation Center shall provide an eco-system to convert the ideas in proof of concept and upgrade them to a level of commercial value. After successful incubation, encourage and lead the teams towards setting up a business enterprise.