CiPD Secures IHFC Funding to Launch an Innovation Center at IIIT-Delhi
The Centre for Intelligent Product Development (CiPD) at IIIT-Delhi has received funding from the I-Hub Foundation for Cobotics (IHFC) under the READY (Research Entrepreneurship and Development for You) program. This funding significantly strengthens CiPD’s efforts to foster innovation, product development, and entrepreneurship. By leveraging this support, CiPD will establish a dedicated Innovation Center that provides students, researchers, and startups with the resources and mentorship needed to create industry-ready solutions.
The Innovation Center will serve as a hub for cutting-edge research and prototyping, offering young innovators the technical expertise, financial aid, and mentorship required to transform their ideas into real-world products. With a strong focus on intelligent product development, the center will bridge the gap between academic research and industry applications, ensuring that groundbreaking projects reach commercialization.
The READY program, initiated by IHFC, is a pre-seed incubation initiative designed to support young engineering graduates and students passionate about research-driven entrepreneurship. The program provides financial backing, industry mentorship, and access to state-of-the-art research facilities, helping participants bring their innovations to market. It encourages problem-solving and product development in collaborative robotics, intelligent systems, and advanced technology solutions. READY aims to nurture future entrepreneurs, researchers, and technology leaders, guiding them toward creating scalable and impactful innovations.
By securing this funding, CiPD is set to become a key driver of intelligent product development, empowering students and startups to work on next-generation technologies. This initiative strengthens the research ecosystem at IIIT-Delhi and reinforces CiPD’s mission to develop industry-relevant solutions through innovation and entrepreneurship. As the Innovation Center takes shape, it will open doors to groundbreaking projects, industry collaborations, and the future of intelligent product development in India.