IIT-Madras companions with Guidance Tamil Nadu to develop State-level dashboard for start-ups and innovation

Indian Institute of Technology Madras (IIT-Madras) has partnered with Guidance Tamil Nadu to develop a State-level dashboard for start-ups and innovation. 

Called INNOVATION-TN, the platform supplies a complete overview of the start-up ecosystem of Tamil Nadu and showcases the innovation prowess to totally different stakeholders, similar to traders, industries, monetary establishments, and start-up founders. Guidance Tamil Nadu is the Government of Tamil Nadu’s nodal company for funding promotion.

As of August 2025, there are near 19,000 start-ups in Tamil Nadu. Together, these start-ups have created greater than 2.2 lakh jobs and have attracted investments, exceeding ₹1,20,000 crore. There are 45 start-ups, every of which has attracted an funding of ₹200 crore or extra. The State additionally has 228 energetic incubators and start-up enabling organisations, the biggest quantity for any State within the nation.

V. Kamakoti, Director, IIT-Madras, mentioned, “The dashboard will assist policymakers to deal with the sectoral strengths of the totally different districts and develop appropriate insurance policies and programmes. The dashboard additionally showcases the pool of start-ups to National and Global traders, thereby attracting investments from international Tamil diaspora in addition to savvy angel and institutional traders.”

INNOVATION-TN has been conceptualised by the Centre for Research on Start-ups and Risk Financing (CREST), an Institute of Eminence Research Centre at IIT-Madras together with IIT Madras-incubated start-up YNOS Venture Engine.

An MoU was signed between Guidance Tamil Nadu, IIT-Madras and YNOS for the event of the dashboard. IIT-Madras would offer the tutorial oversight and analysis inputs to make sure the robustness, reliability and relevance of the Innovation Dashboard. Guidance Tamil Nadu would promote long-term strategic engagement between educational establishments and trade and supply institutional help, visibility, and alignment with the State’s innovation priorities.

A. Thillai Rajan, school, Department of Management Studies, IIT-Madras, and Head, CREST, IIT-M, mentioned, “The platform helps the start-ups to rapidly establish essentially the most related and applicable incubators, traders, and banks for his or her ventures, thereby not solely saving important effort and time but in addition enhancing the possibilities of success.”

Darez Ahamed, MD and CEO, Guidance Tamil Nadu, mentioned, “The Tamil Nadu Innovation Platform is a catalyst for collaboration between industries, start-ups, R and D corporations, and educational establishments throughout the State. By spotlighting sectoral strengths in every district, we’re enabling corporates to combine into thriving native ecosystems, traders to establish promising alternatives, and policymakers to design focused interventions that speed up inclusive and sustainable development”

Published – September 12, 2025 12:58 am IST

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