IIT-M invites corporate funding thru' CSR

Indian Institute of Technology Madras today invited corporate sector to partner to its initiative of start-up vision through corporate social responsibility.

"IIT Madras invites corporate sector to partner and contribute to the Institute start-up vision for the Nation through CSR before March 31, 2018", a press release said.

"Laboratory solutions need to be proven on the ground. Every solution for a critical need - be it in water, in energy, in sanitation, in land needs to be researched and developed in academic setting..", IIT Madras, Dean, International and Alumni Relations, professor R Nagarajan said.

Social entrepreneurship is another front where CSR funding can make a significant impact, he said.
 

The funds obtained through CSR would be "funnelled" into various sectors including agriculture and farm technology, education and entrepreneurship, energy, health.