Hyderabad: Indian Institute of Technology Hyderabad (IITH) launched a first-of-its-kind incubator programme focusing on creating an ecosystem for grooming start ups in the area of chip design.
Fabless Chip Design Incubator program (FabCI) will be based on the IIT Hyderabad campus for fabless IC start ups in India.
The incubator was a flagship programme executed with the support of the ministry of electronics and information technology and in partnership with CadenceO Design Systems, Inc., a leading provider of electronic design automation software, hardware and IP.
The primary motivation for this programme was to provide a one-stop solution for startups focusing in the area of chip design. The vision was to create an ecosystem where incubators were not only provided with the relevant infrastructure, hardware and software but also mentored through the path of success with the help of pioneers in the field.
IIT Hyderabad Director U.B. Desai said, “This new incubator programme demonstrates our commitment to generating IPR in chip design. It will be another testament to the entrepreneurial culture of the institute. It will also be a shot in the arm to the ‘Make in India’ campaign and help India become a global hub for chip design....