IIT Madras launches School of Innovation and Entrepreneurship
IIT Madras launches School of Innovation and Entrepreneurship
IIT Madras has launched a School of Innovation and Entrepreneurship to build a world-class ecosystem for deep-tech start-ups and strengthen its position on the global map of entrepreneurial universities.
Inaugurated by: Prof. V. Kamakoti (Director, IIT Madras).
Attendees included: Prof. Ashwin Mahalingam (Dean, Alumni & Corporate Relations), Prof. Anbarasu Manivannan (Head, School of Interdisciplinary Studies), Prof. Prabhu Rajagopal (Founding Head of the new school), startup founders, faculty, students, alumni, and industry partners.
Key Facts & Figures
IIT Madras hosts India’s largest deep-tech startup ecosystem:
475+ start-ups under IITM Incubation Cell.
Valuation: ₹50,000+ crore (~US$ 6 billion).
Jobs created: 11,000+.
Patents filed: 700+.
Investments attracted: ₹12,000 crore.
Sector-specific incubators already operational at IITM.
Strategic Importance
Deep-Tech Startups:
Based on advanced science & engineering innovations (AI, robotics, biotech, materials science, space tech).
Require high R&D input and longer gestation periods.
Impact:
Supports Atmanirbhar Bharat & Make in India, Make for the World.
Strengthens India’s position in global tech value chains.
