The Indraprastha Institute of Information Technology, Delhi (IIIT-D), received funding of Rs 1.5 Crore from government as per its incubation policy to promote entrepreneurship in the Capital. Deputy Chief Minister and Education Minister, Manish Sisodia has granted the seed money.

"The fund will be used to assist students aspire to become entrepreneurs. We positively support government’s incubation policy to encourage the start-up culture in Delhi. At IIIT-D, we have a highly accomplished and motivated faculty that helps students to acquire skills required to succeed in the competitive start-up environment. We regularly conduct start-up fairs and programmes in order to provide exciting opportunities for our students where they can interact with business leaders and consultants face to face. Many of IIIT-D alumni have already created a niche in the business world,” said, Dr. Dheeraj Sanghi, Dean of Academics & External Relations, IIIT-Delhi.

IIIT-D has its own incubation center that support students in various manners pursue their entrepreneurship dreams. The institute offers its students that help them convert into more productive and successful in their chosen field. The institute provides theoretical as well as practical knowledge to students about the business practices.

Along with IIIT-D, the seed money had also been distributed to five other higher educational institutions, including Ambedkar University, Delhi Technical University, Indira Gandhi Delhi Technical University for Women, Netaji Subhash Institute of Technology and Shaheed Sukhdev College of Business Studies.

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