Induction Procedure

Step 1

• Details regarding existing relation/working with IIT Hyderabad
• Details of area of expertise/Technology in which the Company is interested
• Details of extent of space/facilities required from IITH TRP
• Detailed Letter of Intent (LoI)

Step 2

• Upon receipt of the details listed in Step 1, an internal committee would discuss and evaluate the proposal of the Company
• Subsequently, the details regarding area, facilities that can be provided are communicated to the Company. The details regarding credit point system, adherence to the same and other mandatory rules are also shared

Step 3

• Upon Company’s acceptance to the above, the template of the agreement to be signed and entered with IITH TRP is shared
• Upon successful interactions/discussions regarding the agreement, the final agreement is prepared

Step 4

• Upon payment of Security Deposit and subsequent signing of the agreement, the space for the R & D lab would be provided.