IIT-H, Greenko launch Build for Studentprenuers


Rama Krishna Sangem

iTIC Incubator at IIT Hyderabad, in collaboration with Greenko Group, has launched a new program called Bold & Unique Ideas Leading to Development (BUILD) on the emblematic occasion of World Environment Day on June 05, 2023. They coined a phrase, Studentprenuers, student entrepreneurs across India.  This will be a big boost to startup culture in the country.  

The program was launched at IIT Hyderabad by Dr Anil Chalamalasetty, MD and CEO, Greenko Group and Prof B S Murty, Director, IIT Hyderabad, in the presence of Dr A S Kiran Kumar (former Chairman, ISRO), Faculty of IITH and Partner Incubators. The primary objective of BUILD is to support undergraduate students and recent graduates to give shape to their innovative ideas and eventually turn them into a startup.

Under this BUILD initiative, iTIC Incubator at IIT Hyderabad signed an MoU with 14 incubators pan India to promote the BUILD program and to scout, shortlist and support 75 innovators. i-TIC Incubator has launched a national call for applications on its website. Benefits to selected innovators include financial aid of up to Rs 1 lakh, mentorship, prototyping support and co-working space.


Prof BS Murthy: “Build for whole nation”

At the end of the 12-month program, innovators could get a chance for pre-incubation support and further grants at iTIC Incubator at IIT Hyderabad.

Innovators can apply from the iTIC website: https:itic.iith.ac.in/build, with the deadline being July 5, 2023.
Announcing the program’s launch, Prof B S Murty, Director IITH, said, “BUILD scheme has been in place at IITH for its own students for the past 3 years. After building the Technology Innovation Park (TIP) with about 1.5 lakh sqft, we felt that it is time for us to extend the BUILD program to the whole nation.

With Innovation as its DNA, IITH believes in developing job creators instead of job seekers. By supporting such innovators from their student days, the BUILD Scheme provides a suitable platform for these young innovators to convert their ideas into successful products, thus aiding our urge towards making India self-reliant (Atmanirbhar) and a global leader.

Conveying his best wishes for the success of the initiative, Dr Anil Chalamalasetty, MD and CEO, Greenko Group, added, “BUILD program represents a remarkable milestone in our collective journey towards creating a vibrant ecosystem that nurtures and amplifies the innovation and creative genius of our youth. The BUILD program is a testament to our unwavering belief in the power of ideas.’’

Dr A S Kiran Kumar, (former Chairman, ISRO) congratulated iTIC Incubator at IIT Hyderabad and Greenko Group for such a unique initiative and said, “BUILD program is like seeds of growth and initiatives like this are vital to support which will turn into branches and eventually trees,.’’ a media release from IIT Hyderabad said.

Rama Krishna Sangem

Ramakrishna chief editor of excel India online magazine and website

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Rama Krishna Sangem

Excel India national news magazine is a media startup founded and piloted by Rama Krishna Sangem, a Hyderabad based senior journalist with over three decade experience in the field of media, mostly in print journalism. His rich experience in reporting for both Telugu and English newspapers and heading a TV news channel and some online outfits will be of immense use to this venture. Excel India English news magazine seeks to fill the gap of analytical understanding to our readers who today are confronted with myriad media platforms. Our online version not only offers regular updates and commentary on happenings around us, but also gives larger stories not limited by space constraints of a print magazine. Excel India is ably run by a team of senior journalists committed to values and quality standards in the profession. We urge you all to support and guide us in this endeavour. Reach us at excelindiaweb123@gmail.com