IIT Delhi is planning to allow it’s PhD students convert their thesis into start-ups to boost the startup India initiatives. 

IIT Delhi will give it’s students an option to start their own venture at a separate incubation centre set up by IIT. According to Mint  V. Ramgopal Rao, director of IIT-Delhi said:“It will be a platform to harness deep technology from blockchain to artificial intelligence via young companies. The aim is to convert thesis to start-ups,”  Currently, close to 25 K researchers are pursuing PhD at centrally funded technical schools (CFTIs). And IIT-Delhi will tap a portion of them and give them the option to start their own venture at a separate incubation centre", Rao adds.

Shortlisted candidates will be provided with a salary at par with the industry salary to pursue their start-up journey.

They will also be provided seed capital, free mentoring, accommodation and access to IIT-Delhi labs. And the IIT will also help them connect with venture capital funds to raise money.