A school of innovation and entrepreneurship: From Cyient Foundation and IIT Hyderabad

To be called BVR Mohan Reddy School of Innovation and Entrepreneurship (BVR SCIENT), for this project Cyient Foundation (the CSR arm of Cyient Ltd) and Shibodhi Foundation (the family foundation of Dr BVR Mohan Reddy) have joined hands with IIT Hyderabad, on whose campus the institute will be located. BVR SCIENT has the stated objective of nurturing and developing ‘world-class innovation and entrepreneurial talent from India’.

As per the MoU, funding of INR 10 crore will be invested for constructing a 25,000 sq. ft building in 18 months, facilitating faculty offices, innovators’ space, conference and seminar rooms, a computational behaviour lab, and a PhD working space. The institute will offer a wide range of courses, including bachelor’s, master’s, executive education, PhD programmes and certification courses consistent with NEP 2020. Additionally, course-based programmes on entrepreneurship – such as MTech Dual Degree in Techno-Entrepreneurship, MTech in Entrepreneurship and Management, and BTech in Techno-Entrepreneurship – will be offered.

BVR SCIENT will also offer an ‘Innovator to Entrepreneur’ programme. The institute plans to conduct corporate innovation challenges and launch various community-outreach programmes.