IIT Delhi to Allow Phd Students to Start a Startup instead of Thesis

IIT Delhi will give it’s students an option to start their own venture at a separate incubation centre set up by IIT. It will surely be a great boost to startup ecosystem in India and will allow researchers to start their own venture.
iit delhi

In recent move to help start-ups, IIT Delhi is planning to allow it’s PhD students convert their thesis into start-ups.

IIT Delhi will give it’s students an option to start their own venture at a separate incubation centre set up by IIT. It will surely be a great boost to startup ecosystem in India and will allow researchers to start their own venture.

[bctt tweet=”IIT Delhi to Allow Phd Students to Start a Startup instead of Thesis. @bizztor_in” username=”iitdelhi”]

As per reported by Mint,  V. Ramgopal Rao, director of IIT-Delhi said: “It will be a platform to harness deep technology from blockchain to artificial intelligence via young companies. The aim is to convert thesis to start-ups,”

Also Read: How to register a company in India – complete Guide 

Rao said, currently, some 25,000 researchers are pursuing doctoral studies at centrally funded technical schools (CFTIs). And IIT-Delhi will tap a portion of them and give them the option to start their own venture at a separate incubation centre.

Those who will be shortlisted will be provided a monthly compensation “at par with the industry salary” to pursue their start-up journey.

Besides, such candidates will be provided seed capital, free mentoring, accommodation and access to IIT-Delhi labs. And the IIT will also help them connect with venture capital funds to raise money if they need any.

IIT-Delhi also said that they are setting up a separate incubation centre at Sonepat, Haryana to incubate around 50 companies every year.

Also Read: How to raise angel investment in India – top investors shared their views

(adsbygoogle = window.adsbygoogle || []).push({});
Set your categories menu in Theme Settings -> Header -> Menu -> Mobile menu (categories)
Home

Top Stories In Your Inbox

Get Our Latest updates and startup Guides in Inbox every Week. Subscribe to our weekly Newsletter Now,

Free SEO Audit for your website

Please share the information below to get a free SEO Audit for your website.