What is RICH

RICH is an initiative that has been conceived to unlock the national treasure created by the top scientific research institutions in Telangana State, and to actively facilitate the process of taking their research to market. This requires new ideas, innovations, technologies, advisors, mentors, funding and support services, to be brought together seamlessly. The Government recognizes that there are gaps in this innovation-entrepreneurship-investment ecosystem, which has prevented full utilization of the R&D work taking place in these institutions. RICH is the platform that will link research institutions, academia and industry along with venture capitalists, angel investors and incubators. RICH will initially focus on three sectors, same model of collaboration will later be extended to other priority sectors of the State.


Activities of RICH

Introduce entrepreneurs to investors and funders for various stages of their growth, thus helping raise funds

Provide IP protection for the innovations emerging from the research, and create mechanisms for licensing the IP.

Coordinate training inputs in design thinking, business management & project execution for scientists & entrepreneurs.

Help entrepreneurs and businesses conduct initial evaluations of the feasibility of taking their innovations to market.

Bringing the best of technical, legal, economic, and market assessments for the companies and startups.

Introduce entrepreneurs to investors and funders for various stages of their growth. Thus helping raise funds

Provide policy inputs to the government for creating an innovation-led entrepreneurial culture in the State.

Support educational institutions to ensure practical training for technical graduates, making them employable once out of college.

News & Events

IIMR partners with RICH to launch nutrihub business incubator

The Indian Institute of Millets Research (IIMR) organised the Nutricereal Conclave-2018. As the knowledge partner, RICH has extended all support in the successful conduct of the conclave

RICH facilitates start-ups in commercialising Drones and Satellite Imaging Technologies

RICH, in association with the Corteva Agri Science (Agriculture division of DowDuPont, India) conducted an Interactive Session on Commercialisation of Drones and Satellite Imaging Technologies at Hotel Sheraton.