Indian Institute of Technology (IIT) Indore has empanelled 25 new start ups with 12 of them to be funded by the Ministry of Micro, Small and Medium Enterprise (MSME). Besides, the premier institute has done a pact with the Federation of Indian Chambers of Commerce and Industry (FICCI) for female entrepreneurship.
The institute shared information about it during the Republic Day celebration on its campus. Addressing the gathering, IIT Indore officiating director Prof Neelesh Kumar Jain appreciated the efforts of the Institute during the Covid-19 pandemic situation. He said, “We have done very good work in the last year without violating the academic integrity and standards and it has been possible due to hard work, patience and perseverance of the entire community. We have not only looked after ourselves during this tough time but also provided all possible support to the city and the nation. But all our achievements are a history now. It should be our endeavor to focus now on our future goals. The Institute should focus on developing patents, incubation & start-up, quality publication. As things are returning back to normalcy, I urge the community to focus on their work and goals of the Institute.”
In the last one year, IIT Indore has grown in terms of academics, research and infrastructure. Whilst it has made a place into the top 10 engineering institutes of the country, the Institute was sanctioned Rs 100 crores by DST to establish Technology Innovation Hub in the vertical of System Simulation, Modeling and Visualisation under the National Mission on Interdisciplinary Cyber Physical Systems.
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