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Business Economy


TSIC signs MoU with Navam Innovation Foundation to set up ILCE

Hyderabad, Feb 23 (UNI) Telangana State Innovation Cell (TSIC) on Tuesday announced that it has signed a Memorandum of Understanding (MoU) with the upcoming Navam Innovation Foundation to set up one-of-its-kind Innovation Lab and Center of Excellence (ILCE).
The proposed 15-acre Navam campus would come up in Kamareddy district, with a collaborative effort between Agastya International Foundation and Pravaha Foundation, with an investment of Rs 3000 crore in the next 10 years , TSIC said in a release here.
The ILCE will intend to create and foster the innovative spirit among the underprivileged, and underserved sections of society, that leads to fuelling the existing Grassroots Innovation Ecosystem in the state.
The Navam Innovation foundation will cater to students (11 to 18 years) and youth (19 to 25 years) in Nizamabad, Kamareddy, Medak, and Sircilla districts in Telangana.
The campus aims to create a sustainable ecosystem in the hinterlands of Telangana with Inclusivity, Evolution and Sector Neutrality as the driving factors.
The campus, upon completion will serve as a resource centre for mini science centres, door-to-door science labs, labs-on-bikes and immersive teacher training programs.
It also intends to offer fellowship programs to youth who want to become grassroots entrepreneurs, with on-campus learning and internships in innovative organizations and nonprofits.
Speaking at MoU signing ceremony, Principal Secretary of ITE&C, Jayesh Ranjan, said, “Considering changing pedagogical dynamics at School-level, Immersive Learning would foster creativity in schools.
We at Telangana are grateful to Agastya International Foundation for setting up one-of-its-kind Navam Innovation Foundation at Kamareddy district, which is a timely initiative along the New Education Policy.
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