Union Education Minister Dharmendra Pradhan Inaugurates Dr. BVR Mohan Reddy School of Innovation and Entrepreneurship at IIT Hyderabad Campus

Hyderabad, January 20, 2024: Dr. BVR Mohan Reddy School of Innovation and Entrepreneurship (BVR SCIENT) was inaugurated today by Dharmendra Pradhan, Union Minister Education and Skill Development & Entrepreneurship, Govt of India recently.

Dr. BVR Mohan Reddy School of Innovation and Entrepreneurship (BVR SCIENT) is a 30,000-square-foot facility established in collaboration with IIT-Hyderabad, Cyient Foundation (the CSR wing of Cyient Ltd.) and the Shibodhi Foundation (family foundation of Dr. BVR Mohan Reddy).

During this event Dharmendra Pradhan interacted with the postgraduate students from the department of Entrepreneurship and Management urging them to find solutions to societal challenges through entrepreneurial activity and become job creators. He emphasised the role of Institutions such as BVR SCIENT in achieving the nation's vision of Atma Nirbhar Bharat.

Dr. BVR Mohan Reddy, Founder Chairman Cyient and Chairman, Board of Governors, IIT-Hyderabad, said, “India has become a powerhouse driven by technological innovation. We are witnessing a revolutionary era where cutting-edge technology and creativity fuel a new wave of entrepreneurial spirit. A multitude of start-ups are harnessing the power of technology, sparking a surge in job creation.” 

IIT-Hyderabad currently offers Bachelor’s, Master’s Degrees and PhD level programs focused on entrepreneurship, aligning with the National Education Policy (NEP) 2020. BVR SCIENT will enrich the offerings with Executive Education Courses in Entrepreneurship, Entrepreneurship Bootcamps, Weekend/Online Programs, and Research on Innovation and Entrepreneurship. The School will also conduct corporate innovation challenges and launch several community outreach programs.

The School aims to nurture and develop world-class innovation and entrepreneurial talent from India with BVR SCIENT curricula that will include entrepreneurship, design thinking, creativity management, leadership, and lean start-up courses.  

Dr Mohan Reddy further added, “BVR SCIENT is a symbol of our commitment to nurturing the spirit of innovation and entrepreneurship. As we open the doors to knowledge and creativity, we envision a future where every student becomes an architect of progress, and every idea is a catalyst for positive change. This initiative is designed to foster new business ventures, facilitate venture financing, and hone skills in intellectual property and negotiation. The school aims to establish a thriving ecosystem of innovators who not only recognize challenges but also forge transformative solutions. BVR SCIENT will strategically utilize and benefit from the diverse departments at IITH, tapping into their vast technical knowledge and expertise.”