Chennai, Apr 6 (Agency) The Indian Institute of Technology-Madras (IIT-M) will host the eighth edition of its annual ‘Entrepreneurship Summit’ from tomorrow to April 9 to promote innovation and entrepreneurship. After two years of holding the online summit, this year it will be held in physical mode at the IIT-M campus. The E-Summit is the first-ever student-run entrepreneurial festival in India to have received all ISO, G20, and UNESCO Certifications. This Summit will cater to over 800 start-ups in various sectors with participation from over 400 colleges across India, a release from IIT-M said today. The event will feature over 35 investors, 40 highly notable speakers and more than 50 events spread across four conclaves –Youth Conclave, Innovators’ Conclave, Start-up Conclave, and Sustainability Conclave.
IIT-M Director Prof.V.Kamakoti said Innovation and entrepreneurship are very important for our country in the journey through the Amrit Kal. In this direction, the E-summit provides a platform for exchange of ideas and sharing of best practices that would lead to successful start-ups.” WestBridge Capital, an Investment firm based in San Mateo, US, and Bengaluru, India, 1990 Alumni Batch of IIT Madras and DBS Bank, a leading financial services group in Asia, are also supporting the event. Prof. Nilesh J. Vasa, Dean (Students), IIT-M, said “Innovation and creative ideas are the basis of any new start-ups. E-Summit 2023 will provide an opportunity to exchange ideas among young minds towards product design and development.” Around 640 start-ups are participating in the ‘Innovators Conclave’ with another 400 participating in the ‘Start-up Conclave.’ The Youth Conclave has attracted around 2,900 registrations and the Sustainability Conclave has attracted more than 600 ecological and entrepreneurial ideas toward sustainability.