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PSG College gets country's first nanotechnology business incubator
- | Monday | 27th February, 2017
COIMBATORE: The country's first business incubator for nanotechnology was inaugurated at the PSG College of Technology in Coimbatore on Monday. To start with, PSG is looking at roping in 10 incubatees, said the director of PSG- Science and Technology Entrepreneurial Park (PSG-STEP).There are about 110 technology business incubators across the country, and around eight are in the Coimbatore region. "About 30% business ideas come from niche fields like biotechnology and nanotechnology. Adviser and head of the National Science and Technology Entrepreneurship Development Board (NSTEDB) H K Mittal inaugurated the centre. So, it is good to see a dedicated incubator for nanotechnology being set up in an educational institute, that too in an industrial city like Coimbatore," said Mittal.PSG is also the only institution to have five technology business incubators in the country.
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