IIT Madras launches platform to help Incubators & Accelerators

ABHAY
ABHAY ANAND
Manager Editorial
2 mins readUpdated on Nov 20, 2023 16:53 IST
It enables easy comparison of incubators on various parameters helping the startup founders to decide on the incubator that would be most suitable for their start-up. The Incubators Platform can also benefit the CEOs and Managers of incubation centres to get the attention of start-up founders for their incubation centres and benchmark themselves

It enables easy comparison of incubators on various parameters helping the startup founders to decide on the incubator that would be most suitable for their start-up

The Centre for Research on Start-ups and Risk Financing (CREST) an Institute of Eminence Research Centre at IIT Madras has developed India’s first information platform on incubators and accelerators.

The platform, developed in partnership with YNOS, an IIT Madras-incubated start-up, contains comprehensive information on incubators and accelerators, which play an important role in helping start-ups navigate an uncertain entrepreneurial ecosystem. While India had about 1,000 active incubators, until now, the information about them was scattered and not easily available in a single location. Entrepreneurs had to spend a lot of time and effort to identify the incubator most suitable for their start-up.

The platform developed by CREST addresses this pain-point and helps the start-up founders to identify, compare and analyse incubators very easily. Called ‘Incubators’, this AI-powered platform will help start-up founders to identify incubators and accelerators across India and shortlist one that best fits their requirements.

Q&A Icon
Commonly asked questions
Q:   Is BTech available in IIT Madras?
A: 

Yes, a full-time four-year BTech course is available at IIT Madras. Admission to this course is completely entrance-based. Candidates can pursue BTech course across various popular specialisations, including Aerospace Engineering, Aerospace3 Engineering, CSE, Metallurgical and Materials Engineering, etc. IIT Madras BTech admission are offered on total 1,195 seats through a common admission process. Candidates are selected based on valid JEE Main, followed by JEE Advanced scores.

Q:   What is IIT Madras famous for?
A: 

IIT Madras has been consistently ranked 1 by the NIRF Rankings in 2023 for the fourth time in a row and Internationally, IIT Madras was ranked 255 in the QS World University Rankings of 2022. the IIT Madras famous course is B.Tech. Moreover, the top recruiters such as Microsoft, Goldman Sachs, McKinsey & Company visited the campus and the highest package offered during IIT Madras placements 2023 was  INR 1. 31 crore per annum. Additionally, IIT Madras median package for almost all the courses recorded an improving trend.

Q:   Which is the biggest festival of IIT Madras?
A: 

IIT Madras conducts an annual fest called Shaastra. It is an annual technical festival organised to celebrate unconstrained thinking and love for the spirit of engineering.

Another cultural festival organised by IIT Madras is Saarang, It is the largest cultural fest in India held every year in the month of January.

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Incubation is a very critical phase in the start-up lifecycle. Choosing the right incubator can significantly contribute to the success of the start-up in subsequent years. The Incubators Platform can also benefit the CEOs and Managers of incubation centres to get the attention of start-up founders for their incubation centres and benchmark themselves against comparable incubators and constantly improve their effectiveness. Other stakeholders associated with the development of the start-up ecosystem such as educational institutions, government and funding agencies, would also benefit from this platform.

Dr. Jayesh Ranjan, IAS, Principal Secretary, Departments of Information Technology, Electronics and Communications, Industries and Commerce, Government of Telangana, and Member, Board of Directors of T-Hub, the largest incubator in India, formally launched the ‘Incubators’ platform at Hyderabad today (17th Nov 2023) in the presence of Prof. Thillai Rajan, A., Professor at the Department of Management Studies, IIT Madras, and Principal Investigator of CREST. Prof. Thillai Rajan is also the Founder and Director of YNOS Venture Engine.

The Incubators platform has been developed using the latest technology tools to quickly analyse the incubator and accelerator landscape in India. It features intuitive filters on multiple incubator parameters to quickly identify the set of incubators that satisfy different criteria for shortlisting and a facility to bookmark shortlisted incubators for detailed assessment at a later stage.

Q&A Icon
Commonly asked questions
Q:   Is M.Tech programme available at IIT Madras?
A: 

Yes, the Indian Institute of Technology Madras offers a two-year full-time M.Tech course at the postgraduate level. The institute offers 30 MTech specialisations for BE/ BTech graduates across 12 departments. IIT Madras MTech admission will be conducted via the GATE 2025 exam. Candidates seeking admission must register for GATE to get admission to IIT Madras.

Q:   Is MBA available at IIT Madras?
A: 

Yes, IIT Madras offers MBA course via the Department of Management Studies (DoMS). The duration of this course is two-years, which is divided into seven quarters. Candidates who hold a UG degree in the relevant stream and have a valid CAT score can apply online on the official website of IIT Madras. Students can pursue this course in the following specialisations:

  • Finance
  • Integrative Management
  • Marketing
  • HR & OB
  • Operations
  • Information Systems
Q:   Where is the IIT Madras campus situated?
A: 

IIT Madras campus is located in the city of Chennai, previously known as Madras. The campus of IIT Madras is 10 km away from the Chennai airport and 12 km from Chennai Central Railway station. The main GATE of IIT Madras is on Sardar Patel Road circumscribed by the residential districts of Adyar and Velachery.

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About the Author
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ABHAY ANAND
Manager Editorial

Abhay Anand is an experienced education journalist with over 15 years in print and digital media. Currently serving as Manager- Editorial at Shiksha.com, he specializes in higher education policy, student mobility,

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