7 months ago
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PALS, an IIT alumni–led voluntary initiative, signed Memoranda of Understanding (MoUs) with Immersive Technology & Entrepreneurship Labs (ITEL), IIT Madras, and AIC Anna Incubator. The purpose is to mentor and enactment early-stage startups emerging from PALS spouse institutions.
PALS besides hosted EDC 360° – a conclave connected entrepreneurial improvement astatine IIT Madras, bringing unneurotic heads and elder leaders from 40 engineering institutions. The conclave focused connected gathering entrepreneurship and innovation ecosystems wrong engineering colleges and equipping institutions to nurture future-ready engineers.
Ashok Jhunjhunwala, president of ITEL and erstwhile president of IIT Madras Research Park, told the participants to absorption connected section problems similar waterlogging, municipality transport, and cybersecurity, which tin pb to innovation. “While not each students volition go founders, 15% tin prolong the travel with the close nurturing,” helium added.
Sharing details connected the improvement of PALS implicit the past 13 years, R. Krishnamurti Rao, PALS Champion and Head of the PALS Innovation Tower, said: “What began arsenic a tiny alumni inaugural has present grown into a robust span connecting IITs, industry, and backstage engineering institutions crossed Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala, and Nepal.”
Mohan Narayanan, Governing Board Member, PALS, said, “PALS’ entrepreneurship forum has acceptable a imaginativeness for itself to assistance make astatine slightest 1 palmy startup from each instauration that partners with it. Today’s EDC conclave is simply a measurement to recognize communal issues, challenges and opportunities our institutions look truthful that we tin fine-tune our offerings that volition assistance them palmy successful their travel to make palmy entrepreneurs”.
Shankar Venugopal, VP – Technology & Innovation, Mahindra & Mahindra, spoke connected however real-world manufacture challenges tin service arsenic catalysts for Innovation Labs wrong engineering colleges. He highlighted the value of academia–industry collaboration for quicker problem-solving and gathering pupil competencies.
