Startup Incubation

ISRO’s Next Space Tech Incubator to be Setup in Tiruchirappalli

0
ISRO's Next Space Tech Incubator to be Setup in Tiruchirappalli

Last year, Indian space agency, Indian Space Research Organisation (ISRO), had disclosed that it aims to set up 6 incubation centres and the same number of research & development centres across the country over the next one year.

Called as ‘ISRO-Space Technology Incubation Center (S-TIC)’, one of such incubators was already opened in Agartala in September last year, at the ‘Spacetronics’ conclave.

Now in a latest to this, Tiruchirappalli (Tiruchi or Trichy) in Tamil Nadu has been chosen as the next spot for S-TIC, disclosed K. Sivan, ISRO Chairman and Secretary, Department of Space, Government of India, while addressing the graduation day of St. Joseph’s College at Tiruchirappalli.

ISRO wants to promote space technology in unrepresented areas of India which has Research and Development potential and for this ISRO is tying up with the Academia, Industry and R&D institutions in different regions of the country.

This is expected to inculcate much required research culture among the student community. The final year students will be exposed to the problems of relevance and importance to ISRO and proof of concept or prototype developed by them will be validated through nearby tie-up industries. The products once realised will be validated and qualified in the existing facilities of ISRO. Once qualified, they can be inducted in the on-going projects of ISRO and buy back arrangement can be made. Through this, it is hoped to enthuse students to think differently to initiate start-up enterprises which can generate employment.

From having 17 million gigabytes of precious geo-spatial data to opening up its indigenous technology of lithium-ion batteries to local startups, ISRO is now proactively participating in modernization of Indian industries with inviting participation from young entrepreneurs across India.

Source – The Hindu

Like this content? Sign up for our daily newsletter to get latest updates.

Vardaan
Founding editor at IndianWeb2, he's been writing at IndianWeb2 since 2007. Apart from blogging he had a professional career of software developer, Ux developer and search engine marketer in past. His vision of IndianWeb2 has been laid down so as to showcase, encourage and propagate Indian startups, innovation and entrepreneurship ideas.

Binny Bansal’s 021 Capital Raises $32 Mn from Azim Premji Foundation and Ex-Flipkart Execs

Previous article

For Funding Startups, Govt to Set Up Credit Guarantee Fund

Next article

Comments

Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.