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Cochin varsity to set up innovation centre for NRIs
Tuesday February 12, 2013 07:52:26 PM,
IANS
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Kochi: The Cochin
University of Science and Technology (CUSAT) has decided to set up
a centre for innovation and transfer of technology following a
huge demand from the NRIs based in the US, Europe and the Middle
East, its vice-chancellor said.
The decision was taken at a high-level meeting here Monday
attended by Infopark chief executive officer Gigo Joseph,
Technopark Technology Business Incubation Centre (T-TBIC) managing
director K.C. Chandrashekharan Nair, and Technology Business
Incubator secretary Arun Balachandran, and Startup Village
co-founder Sony Joy.
The focus of the new centre would be on hardware and e-governance.
The CITTIC will provide all the support to non-resident Indian
students who want to become entrepreneurs.
The centre hopes to translate the academic research at the
university into products and services.
The CITTIC will have three major divisions, namely Technology
Transfer Office, Technology Business Incubator and Research and
Technology Park.
"The focus of the business incubator set up by CUSAT will be on
information technology, bio-technology and the thrust area will be
hardware, which is the first of its kind incubator for core
hardware products. e-governance will also be a focus area," said
CUSAT vice chancellor Ramachandran Thekkedath.
On the need to set up the CITTIC, Thekkedath said the country has
great disconnect between the three major entities - university,
research establishments and business/industry.
"Various universities have approached the long chain technology
commercialization in different formats. CUSAT, as the first move
among Indian universities, will be able to gain maximum advantage
by entering into all these activities spreading the entire chain
of research, development and commercialization," he added.
"We are receiving positive responses from the student community
and budding entrepreneurs from the US, Europe and the Middle East
on our incubation initiatives," said Chandrashekharan Nair.
"We believe that the next wave of IT revolution will be brought in
by homegrown IT companies in Kerala. The focus is to attract
talent from the NRI community. This was the main reason we decided
to set up NRI-TBI, which was announced by Chief Minister Oommen
Chandy at the Pravasi Bharatiya Divas held here last month," said
Nair.
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