TNAU Coimbatore

TNAU to host project for student entrepreneurs

COIMBATORE: In order to encourage agriculture students to venture into businesses related to their course of study and allied industries, a project named Cluster Innovation Centre in Biotechnology (CIC-B) has been started in five universities across the country with funding from the Union government.

Tamil Nadu Agricultural University (TNAU) is one of the five centres chosen to roll out the project which is expected to benefit post-graduate and post-doctoral students. Under the project, the students will get an opportunity to run business ventures while being paid a fellowship for four years. The project, supported by the department of biotechnology (DBT) under the ministry of science and technology, was sanctioned recently.

The total amount allotted for TNAU under the project is Rs 2.53 crore, of which DBT will provide Rs 2.14 crore. The rest will be borne by TNAU. Six projects from post-graduate as well post-doctoral students will be selected under the scheme. The students will be supported by experts from the varsity, which will also provide the infrastructure.

Under the project, PG students will get a monthly fellowship of Rs 30,000 and post-doctoral scholars will be provided Rs 50,000 per month. “This is like an industrial internship for students who come up with innovative ideas. Our experts will help the students from obtaining patents to linking them with appropriate industries,” said R Chandra Babu, director of Centre for Plant Molecular Biology and Biotechnology. Vice-chancellor of TNAU K Ramasamy said the project with monetary and other support has been designed to attract ambitious students.

Source – Times of India

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