Tata Trusts, through its Foundation for Innovation and Social Entrepreneurship (FISE) is planning to support around 1,000 innovations in the tech sector, which can solve social problems. Tata Trusts is working with some leading organisations to find and build a pipeline of such projects which need incubation support.
Currently 30-odd innovations have been incubated;the plan is to increase the number 8 to 10 fold by 2020 according to official sources.
The Department of Science and Technology, Lockheed Martin and Tata Trusts also announced the winners of India Innovation Growth Programme 2018.The winners were chosen from among 3,000 applicants who proposed innovations to create large-scale social impact and bring industrial transformation in India. (Story Courtesy: Economic Times)