The official mentioned the federal government has stored no restrict to fund innovation
CDOT has a corpus of over Rs 700 crore for funding startups.
State-owned analysis and improvement organisation C-DOT has a corpus of over Rs 700 crore for funding startups, however the authorities has stored no restrict to fund innovation, a prime official of the entity mentioned on Thursday.
Speaking to PTI on the sidelines of Regional Innovation Forum, Centre For Development Of Telematics chief government officer and chairman C-DOT Project Board RajKumar Upadhyay mentioned that various delegations of ministers from neighbouring international locations on the discussion board have expressed curiosity in technological collaboration with India, which is able to assist in growth of indigenous innovation past the nation’s boundary.
“We have varied schemes of presidency to fund innovation. Some of those schemes can be found by means of C-DoT. Through them we’ve got a corpus of Rs 700 crore to fund startups, however there is no such thing as a restrict of fund if we discover proper innovation,” Upadhyay mentioned.
The delegation of communications ministers from Bhutan, Maldives, Nepal , Iran, Sri Lanka and Bangladesh visited the C-DoT campus.
The campus now also houses the Area Office and Innovation Centre of the International Tele-communication Union (ITU), which was inaugurated by Prime Minister Narendra Modi on Tuesday.
“We have set up our innovation centre next to ITU office. This will provide startups with all the infrastructure required for operation as well as provide access to test bed for 5G. We will take the technologies developed by startups to other part of the world under the umbrella of ITU,” Upadhyay mentioned.
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