IARE Foundation for Innovation, Incubation and Technology Transfer (IARE-FIITT)

Company Overview

IARE-FIITT operates as a section 8 company, functioning as a non-governmental entity in the private sector, established on 20 December, 2019 and registered under the Companies Act 2013 with the Company Identity Number (CIN) U73100TG2019NPL137776. We take pride in over four years of dedicated service to the community. Our active status with the Registrar of Companies (RoC) in Hyderabad is an evidence of our persistence commitment to excellence. We envision a future where innovation knows no bounds, and technology seamlessly transforms ideas into reality. Join us on this transformative journey as we continue to push the boundaries of what's possible and contribute to the advancement of society through innovation, incubation, and technology transfer.

Our journey at IARE FIITT commenced with a strategic focus on empowering young minds to generate innovative ideas. Through our relentless efforts, we have consistently provided unwavering support, creating a golden gateway to pursue the dreams of becoming self-reliant entrepreneurs.

Objectives

Our objective is to foster a culture of innovation, particularly in the realm of research and experimental development in engineering. IARE FIITT is driven by the following objectives:

• Cultivating Innovation: To nurture the culture of innovation within institutes and across the state, with a focus on expediting the development of innovations into prototypes that have a significant socio-economic impact and cater to market demand.
• Entrepreneurial Platform: Identifying potential entrepreneurs among students and faculty, we provide them with a platform for success. We act as a catalyst for the swift commercialization of technology developed by emerging entrepreneurs.
• Collaborative Nexus: Building bridges between academic institutions, research and development organizations, industries, and financial institutions. We aim to facilitate, manage, and empower the development of indigenous products through online means and advanced modeling techniques.
• Supporting Innovation-based Enterprises: Offering comprehensive assistance to set up and strengthen student and community-based enterprises that thrive on innovation.
• Legal Commitment: In alignment with our commitment to lawful practices, we undertake all necessary actions for the furtherance of our objectives, with the explicit understanding that we shall not support any regulation or restriction that would make us a trade union.

Vision

To be a catalyst for positive social change, empowering communities and fostering sustainable development. We envision a world where every individual has access to opportunities, education, and essential resources, leading to a harmonious and equitable society.

Mission

Guided by ethical principles and a passion for service, IARE-FIITT strives to uplift and empower individuals and communities through innovative and sustainable initiatives in education, healthcare, environment, and social welfare.

At IARE FIITT, we are driven by a vision to nurture aspiring entrepreneurs, equipping them with skills in the realm of innovation and the development of products/services. Our commitment is represented through the successful execution of numerous events, benefiting a multitude of practice, and contributing to their all-round development.