This will be done through a mix of mentorship, grants and investments, legal and incorporation support, and allocation of space to work.Runway is established under UPES Council for Innovation and Entrepreneurship UCIE, which has been recognized by the government of Uttarakhand as a business incubator and the state nodal agency to encourage entrepreneurship and help incubate start-ups in the state.Speaking at the formal launch of Runway at the university campus, Dr Sunil Rai, Vice Chancellor, UPES, said, At UPES, we are serious about encouraging innovation and developing the entrepreneurs and leaders of tomorrow.