IIT Guwahati to organize Research and Industrial Conclave (RIC)-Integration 2022

GUWAHATI: The Indian Institute of Technology Guwahati, is taking several steps to encourage start-up and entrepreneurial activities. Aimed to boost industrial interactions and start-up activities, Research and Industrial Conclave (RIC) is being organised from January 20 to January 23, 2022. Technology Incubation Centre, IIT Guwahati allows virtual incubation, and student start-ups are permitted. New grants and incubation are being provided by IIT Guwahati Technology Innovation and Development Foundation.

IIT Guwahati along with IIT Guwahati Research Park will organize 'Research and Industrial Conclave (RIC) - Integration 2022 from January 20 to January 23. This is an amalgamation of academia, industry and start-ups. To boost industrial interactions and start-up activities, for the first time, industrial interaction and entrepreneurial events are included with the annual research conclave.

Earlier only graduates were allowed to have their start-up incubate at IIT Guwahati Technology Incubation Centre (IIT Guwahati TIC). Now onwards, the institute has also allowed incubation of IIT Guwahati students' start-up at IIT Guwahati Technology Incubation Centre, including allowing virtual incubation as well. The institute signed MoUs with iDEX (Defence Innovation Organisation) and PSU such as OIL INDIA, NRL to fund the start-ups. It also has tie-ups with nationalized and private banks for providing loans to the incubated start-up. It also runs a special scheme for women entrepreneurs.

To encourage the entrepreneurial activities among the students, the institute Director, Prof TG Sitharam has constituted a committee headed by Dean, Industrial Interactions & Special Initiative (II&SI) to give course credit to the students for their entrepreneurial activities.

Speaking on the significance of the initiatives, Prof TG Sitharam said, "As stated by our honourable Prime Minister, we are in the golden era of start-up. Being one of the leading institutes for research and innovation, IIT Guwahati wishes to contribute to create start-up friendly ecosystem. I invite the entrepreneurs to join our Technology Incubation Centre and Research Park, where we provide not only the technical mentorship but also access to our resources and opportunities to work with our faculties and students to develop new technologies."

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