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Gyan Circle Ventures

Topics Covered: Science and Technology- developments and their applications and effects in everyday life Achievements of Indians in science & technology; indigenization of technology and developing new technology.

Gyan Circle Ventures:


Context:

Union Education Minister virtually inaugurates Gyan Circle Ventures.

What are Gyan Circle Ventures?

They are Technology Business Incubators (TBI).

Funded by the Ministry of Information Technology (MeitY).

  • Led by the Indian Institute of Information Technology, Sri City (Chittoor), Andhra Pradesh.

Key features:

  • Gyan Circle Ventures would function as a Technology Incubation and Development of Entrepreneurs (TIDE 2.0) incubation center.
  • They will serve as a hub for innovation and startups by providing support, in various phases, via investments, infrastructure and mentoring.

InstaLinks:

Prelims and Mains Links:

Establishment, objectives and significance of these ventures.

Sources: PIB.