Pravartak will coordinate with IITM in providing the facility and engage with Accenture on programs of mutual interest. IITM will create and establish new facilities in the Automotive areas at the Institute using the capital grants of Accenture.
IITM has various modes of engagement, including the establishment of the Centres of Excellence, Corporate Social Responsibility programs, the establishment of a Chair Professorship/Faculty Fellowship, academic programs in coordination with Accenture which Pravartak will coordinate on.
Accenture will provide all reasonable support and cooperation to Pravartak for the successful accomplishment of the Centre of Excellence.
As with most good ideas, Center of innovation started so well. Originating in the military sector, they began with a simple premise. Bring the best experts on a specific subject together to create a result better and faster than any could reach individually. When the business sector adopted the Center of innovation concept, it was to drive efficiencies and improvements across an organization at scale. It worked in the early days, especially in the supply chain area. CoEs do work, when designed and implemented correctly
The IITM Incubation Cell (IITMIC) is India’s leading Deep-tech Startup hub. It coordinates and leverages the synergies of various strands of excellence driving innovation and entrepreneurship at the Institute, which consists of cutting-edge research and industrial interactions. IITMIC supports students, faculty, staff, alumni members and external entrepreneurs in creating successful deep tech startups, disrupting industries and translating benefits to the society at large.