by Ashis Sinha
RNS: Aiming to foster and support innovative ideas that can grow into big ideas and help to transform society for a better tomorrow, the Atal Community Innovation Centre (ACIC) was inaugurated at IIT (ISM) Dhanbad on Friday.
ACIC, a section 8 SPV that has been established in the name of the ACIC IIT (ISM) Foundation, will work as an umbrella body to nurture and promote the objectives and activities of the innovation center, informed Rajni Singh, Dean, Media & Branding of ISM.
The Foundation is financially supported by NITI Aayog and IIT (ISM) Dhanbad for a period of five years, she said.
“Though the company has been operational since November 2020 at the IIT(ISM) campus, however, the permanent office was inaugurated on Friday. The office is located at Centre of Research Excellence (CRE) building, 4th Floor, IIT(ISM) Dhanbad,” added Singh.
Dr. Chintan Vaishnav, Mission Director, Atal Innovation, Niti Ayog virtually inaugurated the office of the ACIC while Professor Rajiv Shekhar, Director, IIT(ISM) Dhanbad, Amit Shukla, CEO, ACIC, IIT(ISM) Foundation and other esteemed guests graced the occasion physically.
Besides office space, the Natural Plant-based product development division, Rural Livelihood Laboratory, Mechanical Fabrication Lab and ICT, Design & Thinking Lab, established under the aegis of ACIC IIT(ISM) Foundation were also inaugurated.
The companies incubated under ACIC also displayed their products during the inaugural session.