A fund to engineer entrepreneurship

Indias second largest software and services firm Infosys Technologies Ltds chief mentor N.R. Narayana Murthy and venture capitalist Gururaj Deshpande have committed $600,000 (Rs2.4 crore) of their own money to hone the entrepreneurship skills of engineering students across India.

The money will be spent on getting professors from top universities in the US to take courses in non-IIT engineering colleges, in drafting effective business proposals and helping them network with leading venture capitalists in the US.

The many campuses of the Indian Institutes of Technology (IITs) are Indias elite engineering schools, but the bulk of Indian engineers graduate from other schools.

More : livemint.com

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