"The university is contemplating two phases of the project which will provide support functions, mentorship and resources to students, both from the university and outside the university," University Vice Chancellor J P Singhal told PTI here.
Under the first phase, students from various departments of the university will be mentored where individuals from outside can also come and seek assistance, he said.
The university has physical infrastructure for such a center, which would be able to support facilities for science, commerce and arts streams.
"The university wants to nurture good ideas and promote students. The centre will be helpful in developing an ecosystem to inspire and support students, aspiring entrepreneurs and start-ups," he said.