IIT Alumni Council to set up 6 research centres for startups

The IIT Alumni Council will set up six research centres to make modern equipment and research tools in six cutting-edge domains available to startups registered with its MegaIncubator initiative. The council is building the world's largest COVID-19 testing lab in the city called Megalab.

The proposed research centres are in engineered biomolecules, quantum technologies, nuclear sciences, imaging AI, electric transportation (including drones) and fintech, the council said in a statement.

Startups can register with MegaIncubator in addition to their host incubator to connect with partner incubators and affiliate research centres, it said, adding the other research centres will be either collocated with or be established in the vicinity of existing government and academic institutions that specialise in these areas.

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