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  1. Big feat for IIT Hyderabad, prestigious institute has launched this 1st of its kind programme

Big feat for IIT Hyderabad, prestigious institute has launched this 1st of its kind programme

The programme is being organised with the help of Ministry of Electronics and Information Technology.

By: | New Delhi | Updated: February 27, 2018 8:31 PM
iit hyderabad, iit, iit programme launches programme for start ups, Fabless Chip Design Incubator Programme, FabCI The main aim of the programme is to provide a one-stop solution for start-up companies.

The Indian Institute of Technology (IIT) Hyderabad has come out with a first-of-its-kind incubator programme that is focused to create an ecosystem for startups in the field of chip design. Named as Fabless Chip Design Incubator Program, or FabCI, it is based in the campus of IIT Hyderabad for fabless IC startups. It is a flagship programme which is being organised with the help of Ministry of Electronics and Information Technology (MEITY) and in partnership with CadenceÒ Design Systems, Inc., which provides Electronic Design Automation (EDA) software, hardware and IP.

The main aim of this programme is to provide a one-stop solution for start-up companies that are focussing in the area of chip design. The vision is to create an ecosystem in which incubates not only are bestowed with the relevant infrastructure, hardware and software but also are mentored with the help of those who are well recognised in the field. Prof UB Desai, Director, IIT Hyderabad, speaking about the launch said, “This new incubator program demonstrates our commitment to generating IPR in chip design. It will be another testament to the entrepreneurial culture of the Institute”.

“I am confident that FabCI will make great contributions to the growth of chip design in the country. This incubator program will also be a shot in the arm to the ‘Make in India’ campaign and help India become a global hub for chip design,” he added.

The institute has designated Cadence as the technology partner for FabCI. Even as there is a dedicated facility which is being established in the campus for the incubator, remote access to Cadence’s tools is there to enable semiconductor innovation and entrepreneurship irrespective of location. The incubator is functional and is seeking applications from fabless IC startups.

Jaswinder Ahuja, Corporate Vice President and Managing Director, Cadence Design Systems (India) Private Limited, while speaking about the partnership with IIT Hyderabad said, “Innovation and entrepreneurship are essential for the growth of the Electronics System Design & Manufacturing (ESDM) ecosystem in India. Incubators play a catalytic role in lowering entry barriers and fostering entrepreneurship. Cadence has been working with the Government of India, industry and academia for many years now to grow the ecosystem. We are excited to partner with an esteemed institution like IIT-H for ‘FabCI’, a unique incubator, which we expect can provide a boost to homegrown semiconductor innovation.”

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