CSR

Description:

iTIC is a Technology Business Incubator (TBI), under the aegis of Indian Institute of Technology Hyderabad (IITH) and supported by the Department of Science and Technology (DST), Government of India. iTIC is a Not-For-Profit Society, which focuses on creating a supportive and nourishing environment for budding entrepreneurs in the field of technology. The focus areas of iTIC incubator are Deep tech sectors such as Healthcare, AI/ML, Quantum Computing, AR/VR, Cybersecurity, Robotics, IOT, Industry 4.0, Blockchain, Electronics, Advanced materials, Drones, Biotechnology, etc. 

iTIC aims to help entrepreneurs leverage a premier quality research and startup ecosystem with the goal of building a comprehensive platform to practice innovation and entrepreneurship so that these entrepreneurial ideas can be turned into sustainable, scalable profit-making business ventures. iTIC provides support to startups such as Mentoring, Financial Aid, IP Support, Networking, and access to Dedicated office/ Coworking space, Softwares, IITH Technological Infrastructure, and Makerlab. 

Since its inception in 2015, iTIC has supported 70+ startups through Pre-incubation, Incubation and Acceleration programs, and has sanctioned more than INR 5 crores to startups directly while supporting the startups in raising more than INR 50 crores from external sources. So far, the iTIC startups have generated more than INR 100 crores of revenues and created 800+ jobs.

CSR Contributions to Technology startups are acceptable as per the schedule VII of the companies Act.

Email: office.itic@iith.ac.in

Phone: 040 2301 6169