IIT Madras launches a new School of Innovation and
Entrepreneurship to foster deep-tech startups and build a global
entrepreneurial ecosystem.
🚀 IIT Madras Launches School of Innovation &
Entrepreneurship to Boost Deep-Tech Startups
The Indian Institute of Technology Madras (IIT Madras)
has taken a monumental step to strengthen India’s startup ecosystem by
launching its School of Innovation and Entrepreneurship. The goal? To create a globally
competitive deep-tech startup environment, nurturing the next generation of
entrepreneurs and innovators.
This new school, officially inaugurated on August 4, 2025,
will operate under the umbrella of the School of Interdisciplinary Studies, led
by Prof. Anbarasu Manivannan. The founding head is Prof. Prabhu Rajagopal, a
celebrated academic and recipient of the Shanti Swarup Bhatnagar Award.
📊 IIT Madras Entrepreneurship Ecosystem Snapshot
|
Metric |
Value |
|
Startups Incubated |
475+ |
|
Valuation of Startups |
₹50,000+ crore (~$6 Billion) |
|
Jobs Created |
11,000+ |
|
Patents Filed |
700+ |
|
Funding Attracted |
₹12,000+ crore |
|
Daily Patent Rate |
1.2 patents/day (FY 2024–25) |
|
Targeted Fund by Alumni |
₹200 crore (Near full commitment) |
🎓 Academic & Innovation Programs Offered
The new school will offer structured academic pathways
for aspiring entrepreneurs:
·
Minor in Entrepreneurship
·
MS in Entrepreneurship
·
PhD in Innovation and Entrepreneurship
·
Innovation Doctorate (Industry-Focused)
In addition, the school will roll out an Entrepreneur-in-Residence
(EIR) program designed to support experienced professionals returning to
launch their own startups.
💡 Key Features of the School
Dedicated Funding Channels for early-stage and scaling-up
ventures
IP Clinics to assist in transforming innovations into
protected intellectual property
Integration of curricular, incubation, and alumni support
into a single entrepreneurial pipeline
Strong backing from IITM Alumni Fund, already nearing its
₹200 Cr investment target
Connection to ongoing initiatives like CFI, Nirmaan, Entrepreneurship
Cell, and GDC
🗣 Leadership Speak
Prof. V. Kamakoti, Director of IIT Madras, stated:
“With over 100 startups launched in the last financial
year, and an average of 1.2 patents per day, institutionalizing our innovation
efforts was the next logical step. This school adds another dimension to IIT
Madras’ global leadership in entrepreneurship.”
Prof. Ashwin Mahalingam, Dean of Alumni and Corporate
Relations, added:
“This school unifies all our startup-building
elements—from idea evangelization to IPO support—into one powerful engine.”
📌 Summary of the news
With this newly launched School of Innovation and
Entrepreneurship, IIT Madras is aiming to become a global hub for
deep-tech startups, offering not only academic programs but also structured
funding, mentorship, and industry-aligned research.
By building upon its already rich ecosystem—including the Centre for Innovation (CFI), Nirmaan Pre-Incubator, Entrepreneurship Cell, and GDC—IIT Madras is cementing its place as India’s top entrepreneurial institute and a future-forward startup powerhouse.
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