New Delhi: IIT Hyderabad has teamed up with the home-grown IT player, Cyient Foundation (the CSR arm of Cyient Ltd.) and the Shibodhi Foundation(the family foundation of Dr. BVR Mohan Reddy) to set up BVR Mohan Reddy School of Innovation and Entrepreneurship (BVR SCIENT) on its campus.
Being a first-of-its-kind initiative in association with IIT Hyderabad, the BVR SCIENT is aimed to nurture and develop world-class innovation and entrepreneurial talent from India in the light of the country’s ambition to become Atmanirbhar Bharat.
An MoU has been inked in this regard, where the Cyient group will extend a funding INR 10 crore for constructing a 25,000 sqft school building in 18 months, facilitating faculty offices, innovators space, conference and seminar rooms, and computational lab behavioural lab, and a PhD working space.
In accordance with NEP 2020, BVR SCIENT will offer a wide range of courses, including Bachelor’s, Master’s, Executive Education, PhD programmes and Certification courses.
In addition, it will also offer course-based programmes on entrepreneurship such as – Entrepreneurship as a minor specialization, MTech Dual Degree in Techno-Entrepreneurship, MTech in Entrepreneurship and Management and BTech in Techno-Entrepreneurship.
Speaking about the initiative, Dr. BVR Mohan Reddy, Founder and Trustee, Cyient Foundation and Trustee, Shibodhi Foundation, said that it aims to create an enabling ecosystem providing wings to latent talent, spurs innovation, and nurtures business instincts.
As a part of the Atmanirbhar Bharat Project, BVR SCIENT also plans to develop world-class innovation and entrepreneurial talent from the country.
Further, the BVR SCIENT will also offer an “Innovator to Entrepreneur program,” which is an innovators space, weekend, online and bespoke programs, and research for innovation and entrepreneurship.
The School of Innovation and Entrepreneurship will conduct corporate innovation challenges and launch various community outreach programs.
The mission of Cyient Foundation is to achieve society’s long-term, holistic development by supporting programs bringing sustainable change to the country. This includes education, skill development, business-aligned social innovation, environment, and healthcare systems.
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