Loyola Innovation Centre took roots from the seeds sown by a voluntary and informal body called Loyola Innovation and Field Engagement (LIFE). LIFE was a thinktank of like minded research scholars, students, alumni and well-wishers of LCSS who are passionate about social change through innovation and enterprise. This platform, constituted serendipitously in 2009, was led by the Social Work Department. LIFE convened meetings of members to assess issues, generate ideas, design paths and instruments for social change. Pencil Foundation (2010) and Thanal Herbarium (2011) were the earliest activities of LIFE. LiveLab, which was initiated by LIFE in 2013, was its most successful innovative project.
LIFE applied for a UGC-sponsored Innovation and Entrepreneurship Conference. Loyola received the grants and organised an “International Conclave on Innovation and Social Entrepreneurship” in December 2015. Following this conclave, LIFE was reconceived as the Innovation and Entrepreneurship Development Cell (IEDC) in 2015, when it decided to constitute the cell as per Kerala Start-Up Mission (KSUM) mandates.
Loyola-Innovation and Entrepreneurship Development Centre (Loyola-IEDC) Cell, in association with Kerala Startup Mission, functions as an ecosystem for innovations and has initiatives to create and transfer knowledge