BU to offer incubation facilities for IT companies

Staff Reporter

COIMBATORE: Bharathiar University plans to commission incubation facilities on its premises in a couple of months for Information Technology (IT) companies interested in research and development projects.

This is a prelude to the proposed BU-ELCOT City (software technology park for research and development) on the University premises.

The University and the Electronics Corporation of Tamil Nadu (ELCOT) have signed an agreement to establish the park here on about 110 acres.

While the industrial units would be able to tap the academic strengths of the University faculty, students would be able to update themselves on the latest advances in the IT sector.

Underlining the need for more research and development activities in the IT sector, the Vice-Chancellor, S. Sivasubramanian, said that India's contribution towards original software product development was less than two per cent at the global level.

Original software

However, contribution by Indians (employed or working in companies in other countries) was 35 to 38 per cent. The next wave in the country would be in developing original software products, he said on the sidelines of CoimbatoreIT.com, organised by the Confederation of Indian Industry here on Saturday. Following suggestions by the ELCOT to start incubation facilities initially, the university had identified 10,000 sq. ft. built space on its premises and was in the process of identifying 5,000 sq. ft more.

The university would provide infrastructure such as connectivity to the companies. Power supply was already available. Charges for the occupancy would be finalised soon.

They would be able to make use of other facilities already available at the university such as gymnasium and library, he said.

Meeting soon

A meeting is likely to be held soon to identify prospective companies. Some had already evinced interest.

"We want to commission the incubation facility latest by mid-January," Mr. Siva Subramanian said.

The companies would be able to shift the R and D activities to the software park once it was established.