IIT Madras will set up an Innovation and Entrepreneurship Fund as part of its goal towards global excellence.
What’s it about? The ₹100 crore Fund from IIT Madras will support students and faculty in their pursuit of establishing startups. It’s among the institute’s top goals outlined in the Strategic Plan for the Period 2022-27. The institute has been developing and following strategic plans for more than 20 years.
- The institute wants at least five of its Centers of Excellence to be among the top 3 in the world. Part of the next phase of IIT-Madras’ pursuit of global excellence is new academic outreach programmes.
- The institute will launch hybrid and online PG programmes with multidisciplinary PG programmes like disability studies and medical humanities.
Who said what? V Kamakoti, Director of the institute, said IIT Madras should have a diverse faculty, students, and staff pursuing domestic and international research in the next five years. What will help is the satellite campus, 36 km from the main campus, housing world-class research facilities.