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IIT Madras opens Center for Startup Research and Risk Financing (CREST)

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IIT Madras opens Center for Startup Research and Risk Financing (CREST)
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Description

Date - 24th Jun 2021

The Indian Institute of Technology (IIT) Madras has opened the Center for Startup Research and Risk Financing (CREST), which will provide academic and thought leadership in innovation, entrepreneurship and risk capital. CREST will help build a data warehouse for Indian startups and enterprises.

This will remove the barriers to high-quality research. CREST as an information resource will be available to researchers and policymakers, which could lead to high-level publications. CREST's mission will engage in research and development covering the areas of innovation, entrepreneurship and venture capital.

This data warehouse is being developed with innovation, venture capital and venture capital to create the infrastructure for high-quality research.

CREST vision

CREST's mission was launched with the goal of being globally recognized as a leading research center for the creation, development and financing of innovation, start-ups and entrepreneurship. It also aims to create a collaborative research system across countries that will help leverage unique datasets on startups and venture capital. It will contain a synthesis of the evidence on the startup and innovation ecosystem to inform policymakers and practitioners.

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