IIT Madras Global launches ‘Bharat Ascend’ to build next generation of innovators and entrepreneurs
Bharat Ascend will create structured national pathway for innovators, helping bridge the gap between an idea its first prototype and its first customer, and a startup and its first global market.
The IIT Madras Global Research Foundation has introduced a nationwide initiative named 'Bharat Ascend' to cultivate India's upcoming innovators and entrepreneurs. This venture, spearheaded by IITM Global with Ideabaaz as its media-integrated startup partner, intends to unveil 100 promising ideas from Tier II and III cities and burgeoning innovation hubs throughout India within a year.
The project's ultimate aim is to convert these concepts into working prototypes, pilot programs, investable ventures, market-ready products, and globally scalable enterprises. 'Bharat Ascend' aligns with the broader national objective of Viksit Bharat @2047, aiming to transform India into not just a vibrant market for innovation but also a nation of products and startups - a country that conceives, designs, manufactures, owns, and exports globally competitive products and technologies.
Prof V. Kamakoti, IIT Madras' Director, emphasized that the initiative seeks to level the playing field, allowing every idea to evolve into a significant product that generates substantial socio-economic benefits for the nation. IIT Madras Global Research Foundation will supply the necessary expertise for the partnership, while Ideabaaz will handle the initiative's extensive reach across the country.
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