New Delhi: IIT Delhi and Oil India Limited have joined hands to launch ‘DriftTECH’, a program aimed at tackling challenges in deep-tech and energy sectors. The initiative, spearheaded by the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi, is designed to foster the development of cutting-edge solutions for real-world sustainability challenges.
DriftTECH offers a 24-month-long incubation course in a physical interaction mode, supporting prototype and advanced-level startups in bringing innovative solutions to the forefront. The program is open to startups across various sectors with a focus on technology and innovation.
Interested participants can apply for DriftTECH by March 31, 2024, through the FITT website. The top 10 selected startups will receive support from Oil India Limited and FITT, IIT Delhi. This support includes assistance in product development, technical and business mentorship, access to lab facilities, GTM strategy development, corporate industry connections, legal and IPR support, funding connections, global launch assistance, and access to industry experts from Oil India Limited’s senior management team.
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