The Gopalakrishnan Deshpande Center for Innovation & Entrepreneurship (GDC) has been established at IIT Madras in August 2017 to provide the necessary thought leadership and networking impetus to help in building the systems and processes that enable innovative and entrepreneurial thinking across the Institute at all levels.
GDC aims to nurture and evangelise innovation so that it pervades a wide swathe of activities in the Institute, ranging from teaching to research to product development and policy making.
GDC will help crystallise out-of-the-box solutions that emerge from the Institute’s labs, faculty and research scholars, as well as from fertile young minds which in turn will create significant economic and social impact at a national and, eventually, at a global level.
GDC deals with the following stakeholders in building and strengthening the ecosystem for Innovation & Entrepreneurship at IIT Madras:
GDC’s vision is for India to be able to solve her society’s problems by using the full capabilities of the scientific and technological knowledge of Indian academic institutions through world class innovation and entrepreneurship.
Our mission is to strengthen the ecosystem for Innovation & Entrepreneurship at IIT Madras and bridge the gap between the Institute and the marketplace. The following points outline the mission of GDC in terms of how it proposes to interact with its stakeholders, namely, Faculty, Students, Research Scholars, Corporates and Government.
As part of its charter, GDC will nurture select new ideas and approaches that promise non‐linear impact and establish new pathways to solve grand challenges. GDC has a broader purpose than merely encouraging entrepreneurship and start-ups in the conventional sense. Towards achieving the above objectives, the GDC will seek to be a Center of Innovation that will:
Create enabling mechanisms to get faculty to become more entrepreneurial in their teaching and in their research
Seed new courses that relate to the I&E ecosystem, and contribute to strengthening it.
Evangelize support for innovative ideas and research initiatives that have potential for commercialization, and curate such ideas to incubation by establishing robust processes
Build a leadership program, with entrenched values and culture, to promote entrepreneurial thinking at all levels in the Institute. Become a world leader in innovation research, and make innovation a part of everyday life at the Institute.