University Grants Commission gives in principle clearance to Madras University proposal
CHENNAI: A national centre for nanosciences and biomedical nanotechnology is to come up in Chennai, under the University of Madras. The university proposes to use Rs. 80 crore from the Rs. 100 crore the Centre has promised for its 150th anniversary. Its proposal for creating the centre was given in principle clearance by the University Grants Commission last month.
The centre will be part of the university's efforts to create technology-based entrepreneurs and incubating university-based start up companies, says Vice-Chancellor S.P. Thyagarajan. The Human Resource Development Ministry will process the proposal for releasing the grant.
"We are already planning a technology business incubator in the university using a Rs. 5-crore grant from the Union Department of Science and Technology. This work will get a fillip with the creation of the national centre," says Prof. Thyagarajan.
The centre will be able to focus on activities of national and international scientists working in areas such as DNA diagnostics, drug delivery systems, biosensor-based evaluation of the disease process, progress and pathophysiology.