AIC-IIITH FOUNDATION is a Section 8 company under the Companies Act, 2013. It was established in December 2018 by IIIT-Hyderabad in collaboration with Surge Impact Foundation as a Special Purpose Vehicle (SPV) for Atal Innovation Center for tech-based social enterprises and is supported by the Atal Innovation Mission, NITI Aayog, Government of India.
IIIT-Hyderabad is a research university focused on information technology. Organized as a set of research centers, IIITH is widely regarded as a leading institution for computer science research in the country. Applied research is a major focus for the institute, with an active initiative around research-led innovation through its Center for Innovation and Entrepreneurship (CIE). CIE runs one of the largest academic startup incubation endeavors in India started in 2008 with initial funding from DST and MeitY. In 2018 started the MEDTEC Bionest with support from BIRAC. CIE also has a thrust on seeding new startups based on research through the Product Labs of the institute. And now in 2019, with support from Niti Ayog, started the AIC-IIITH to create a new incubator focused on startups leveraging technology to create social impact.
“Catalyzing Sustainable Development Goals using technology to become a thought leader in the space of technology for social impact”
By executing on our vision, we aim to: