Kochi: The Cochin University of Science and Technology (CUSAT), has decided to set up a centre for innovation and transfer of technology. The decision of forming the same, has been taken after reviewing the increasing demand from the NRIs based in the US, Europe and Middle East for such educational avenue. The announcement was made by Ramachandran Thekkedath, Vice-Chancellor (VC) of the University, recently.
Explaining more, he said that the focus of the proposed centre will be on information technology, bio-technology, while, the thrust area would be hardware. As per Thekkedath, this centre would be first of its kind and will offer core hardware products. However, he went on to add, that e-governance will also be given due importance.
As per sources, this decision was finalized in a high-level meeting, attended by Gigo Joseph, Chief Executive Officer, Infopark; K.C. Chandrashekharan Nair, Managing Director of Technopark Technology Business Incubation Centre (T-TBIC); Arun Balachandran, Secretary, Technology Business Incubator, and Sony Joy, co-founder of Startup Village.
It is anticipated that the centre will serve as a great platform for converting the academic research, done at the university level, into practical products and services. Moreover, the centre is also expected to offer support to NRI students who wish to become entrepreneurs. Technology Transfer Office, Technology Business Incubator and Research and Technology Park, will be three major divisions of the centre.
