IISc's FSID targets 1,000 industry projects, 300 deep-tech startups by 2030

The Foundation for Science and Innovation Development (FSID), an initiative anchored at IISc, has outlined plans to undertake 1,000 collaborative projects with industry partners while building a portfolio of 300 deep-technology startups by 2030. The ambitious roadmap reflects the institution's commitment to bridging the gap between academic research and commercial innovation in India's technology ecosystem.

FSID aims to leverage IISc's research capabilities and infrastructure to accelerate the development of cutting-edge technologies in areas including artificial intelligence, biotechnology, advanced materials, and semiconductor design. The initiative seeks to translate fundamental research conducted at the institute into practical applications that address both industrial and societal challenges.

The foundation's dual approach combines direct engagement with established industries seeking solutions to technical problems with early-stage support for entrepreneurs looking to commercialize novel technologies emerging from research institutions. This model is designed to create a sustainable pipeline of innovation while generating revenue streams that support continued research and development.

By positioning itself as a strategic intermediary, FSID intends to strengthen India's deep-tech sector at a time when global competition for technological leadership is intensifying. The initiative represents a broader effort by India's research institutions to play a more active role in the country's industrial development and economic growth trajectory.