Excelsior Correspondent
Srinagar, Sept 7: National Institute of Technology (NIT) Srinagar has been selected as TIFAC Academic Partner (TAP) for J&K region with a financial support of Rs 40 lakhs under TIFAC MSME Program by the Department of Science and Technology (DST).
The Innovation, Incubation and Entrepreneurship Development (IIED) Centre will get Rs 40 lakhs from TIFAC for assessing technology needs of MSMEs, especially in context of local requirements with respect to becoming “Atma Nirbhar”. The duration of support will be for a period of up to 2 years.
Director NIT Srinagar, Prof. (Dr.) Sehgal said the IIED Centre, NIT Srinagar has been selected for a financial grant under the TIFAC MSME Program calling it a proud movement for the institute. The IIED Centre is actively involved in various innovation and entrepreneurship-related activities for last couple of years.
The director extended greetings to Dr Saad Parvez and Dr Noor Zaman Khan for their hard work for the proposals. Prof. Sehgal said Dr Saad (PI) and Dr Noor (Co-PI) submitted the project and they are the investigators for the TIFAC MSME project.
The director said that the grant will be utilized to strengthen the interaction between academia and MSME industries towards identifying the technological gap areas. He said NIT Srinagar is the only institute selected as TIFAC Academic Partner by DST for Jammu and Kashmir.
Institute’s Registrar, Prof. Syed Kaiser Bukhari said the TIFAC MSME project will boost industry-academia collaboration in the valley and will also provide opportunities for the students related to industry exposure.
Dr Saad, Head IIED said the grant will boost the Industry-Academia relationship.
He said the IIED Centre is trying best for the development of the institute and also contributing significantly to innovation and entrepreneurship.
Dr Noor said the grant will be utilized in establishing a platform for the MSME cluster industries to access R&D and technical support leveraging the knowledge base of faculty and knowledgeable human resource in the form of students from NIT Srinagar.
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