IT-M invites corporate funding thru’ CSR
Chennai: Indian Institute of Technology Madras on Monday 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.