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The Gopalakrishnan-Deshpande Centre (GDC) for Innovation and Entrepreneurship at IIT Madras has launched its flagship offering, I-NCUBATE, which enables faculty, researchers and entrepreneurs to validate if their technological idea can be converted into a sustainable business.
GDC is working to bring deep-tech ideas from laboratories of academic institutions to marketplace. The first cohort of seven teams that have gone through the programme with instructors from George Washington University in the US completed their session today, a press release said.
The programme is a seven-week engagement where teams, each comprising a faculty lead, an entrepreneur lead and a mentor come together as a cohort under GDC umbrella and go through a customer-discovery exercise with their respective business ideas.
R Raghuttama Rao, CEO, GDC, IIT Madras, said in the release that the seven start-up teams are from diverse areas in deep tech - MedTech, industrial safety, environment and agri supply chain.
GDC plans to work with over 50 start-up ideas in current year from different scientific and engineering institutions from all over India.
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