Kochi: The Cochin University of Science and Technology (CUSAT) will set up a centre for innovation, focusing hardware and e-Governance, to support non-resident Indian students who want to become entrepreneurs.
The centre will aim to translate the academic research at the university into products and services, CUSAT Vice Chancellor Ramachandran Thekkedath said.
The Centre will have three major divisions, namely Technology Transfer Office, Technology Business Incubator and Research and Technology Park.
“The focus of the business incubator set up by CUSAT will be on information technology, bio-technology and the thrust area will be hardware, which is the first of its kind incubator for core hardware products. e-governance will also be a focus area,” the VC said.
On the need to set up the CITTIC, Thekkedath said the country has great disconnect between the three major entities — university, research establishments and business/industry.
“Various universities have approached the long chain technology commercialization in different formats. CUSAT, as the first move among Indian universities, will be able to gain maximum advantage by entering into all these activities spreading the entire chain of research, development and commercialization,” he added.