Institution Innovation Center (IIC)
Institution Innovation Center (IIC)
About
Marri Laxman Reddy Institute of Technology & Management (MLRITM) is one of the top educational institutions in the state of Telangana. The institute hosts a vibrant and dynamic Institution’s Innovation Council (IIC), built on four strong pillars—Design Thinking, Ideation, Intellectual Property, and Pre-Incubation.
MLRITM is committed to fostering innovation and entrepreneurship by transforming the innovative ideas and problem statements of students and faculty into technology-driven solutions supported by feasible business models.
The IIC conducts various programs and events to encourage students and faculty in areas such as design thinking, innovation, ideation, hackathons, and incubation. Through these initiatives, participants identify challenges from industry, society, and the market, develop ideas or Proof of Concepts (PoCs), and are supported in converting them into prototypes and viable business models.
This ecosystem helps create a strong pipeline of high-quality, technology-based potential startups from students, faculty, alumni, and innovators associated with the institute.
Our center is registered as a Section 8 company under the Ministry of Corporate Affairs (MCA), Government of India. It comes under Section 8 of the Companies Act, 2013. The registered name of our Section 8 company is MLRS Innovation & Startup Foundation.
The Innovation and Incubation Centre at MLRITM provides a dedicated space for young innovators and aspiring entrepreneurs to transform their ideas into viable business propositions. The centre ensures that incubatees receive comprehensive technological support and guidance from mentors with multidisciplinary expertise.
We encourage enthusiastic students and young innovators with a passion for creativity and an entrepreneurial mindset to utilize this platform and benefit from the opportunities offered through this initiative.
Vision
To be a leading hub of innovation and entrepreneurship that empowers engineering and management students to transform ideas into impactful solutions, driving technological advancement and societal progress globally.
Mission
Mission 1
Foster a culture of creativity and innovation by providing state-of-the-art resources, mentorship, experiential learning, and collaborative spaces for both students and faculty.
Mission 2
Encourage entrepreneurial thinking through outreach and inclusivity programs, workshops, incubation, hackathons, and industry partnerships that bridge academic learning with real-world applications.
Mission 3
Nurture leadership, teamwork, and develop ethical, skilled, adaptable individuals— visionary entrepreneurs and change makers contributing to societal growth through sustainable, knowledge-driven initiatives.
Objectives
- To promote and foster the spirit of entrepreneurship.
- To create awareness about entrepreneurship by periodically organizing workshops, lectures, and other activities that facilitate knowledge creation and innovation.
- To create a startup ecosystem through strategic investment, scaling up, and providing resourceful consultancy leveraging the innovation climate.
- To incubate early-stage entrepreneurial ventures based on technology and innovation.
- To identify and facilitate generation of innovative technology solutions with potential for commercial ventures and social impact in sectors like Clean Environment, Green Energy/Alternative Energy, Health Care, Food & Beverages, Agriculture, Drone Technology, and Education.
Incubation Space
The institute offers diverse innovation facilities, including an incubation center with fabrication support, an entrepreneurship development cell, and specialized centres for aerial, defence, and space research. Additional spaces showcase engineering innovations and support startups like Fluxx EV, collectively fostering research, product development, and entrepreneurial growth among students and innovators.
| S.No | Name of the Facility | Facilities |
|---|---|---|
| 1 | Innovation and Incubation Centre |
|
| 2 | Entrepreneurship Development Cell |
|
| 3 | Centre for Aerial, Defence and Space Research |
|
| 4 | Engineering Marvels |
|
| 5 | Haaritha Vahan |
|
Steering Committee
The Innovation Steering Committee serves as a guiding coalition that sets innovation priorities, drives cultural transformation, allocates resources, and facilitates key decision- making processes.
The committee actively explores emerging innovations and best practices, supporting stakeholders in understanding associated challenges and opportunities. It evaluates issues related to innovation and provides recommendations to the Board or Management on policies, strategic plans, and actionable tactics for addressing identified needs.
Additionally, the committee may oversee or commission the preparation of annual operating and capital budgets as approved by the Board, ensuring effective governance and sustained growth of innovation-driven initiatives.
MLRS – Steering Committee
Institute Level Committee
- Director
- Principal
- Dean R&D
- Dean IIC
- Industry Expert
- Department HOD
- IIC Design Thinking, Ideation, Intellectual Property and Pre-Incubation Coordinators
Society Level Committee
- Chairman
- Vice Chairman
- Director
- Principal
- Industry Expert
- Dean IIC
- Department HOD
Eco System
Innovation Ecosystem at MLRITM
At MLRITM, we have established a dynamic innovation ecosystem that ensures a continuous flow of ideas, knowledge, and resources—enabling innovators to transform concepts into practical and impactful solutions. This ecosystem empowers students, faculty, and young entrepreneurs to rapidly develop and launch innovations that address real-world challenges across industry, society, and markets.
By nurturing creativity and expertise in emerging domains, the innovation ecosystem contributes to economic diversification and strengthens the responsiveness of startups to evolving customer and market needs. It also encourages collaborative resource sharing, fosters economic stability, and supports a sustainable culture of innovation and entrepreneurship across the institution.
| Ecosystem Layer | Key Interventions |
|---|---|
| Exposure / Culture Building |
|
| Ideas / Innovation |
|
Schemes
Thrust Areas
- Smart Manufacturing
- Micro Air Vehicle (MAV) and Unmanned Air Vehicle (UAV)
- Waste Management
- Mobile Computing and Internet of Things (IoT)
- Artificial Intelligence and Machine Learning
- Cyber Security and Data Science
- Hybrid Electric Vehicles
- Sensors and Embedded Systems
- Agriculture and Allied Sectors
- Advanced Composite Materials
- Robotics and Automation
- Drone Technology
- Image Processing and Computer Vision
Products Developed
At the Innovation and Incubation Centre, our mission is to systematically support innovators throughout the complete product design and development lifecycle. We offer a comprehensive suite of design, prototyping, and fabrication services that facilitate the transformation of ideas into functional prototypes and fully refined products. Our team of domain experts provides structured, step-by-step guidance—from preliminary concept formulation to advanced product development—ensuring accuracy, feasibility, and readiness for scalable production. Whether the requirement is new product creation, concept refinement, or end-to-end development support, the Centre is committed to enabling innovators to advance their solutions with greater efficiency, precision, and impact.
Funding Support
The Innovation and Incubation Centre provides extensive financial and in-kind support to both students and faculty, enabling them to pursue innovation, research, prototype development, and commercialization. The institute is committed to nurturing a strong innovation ecosystem through funding schemes that promote idea generation, product development, and impactful research-driven solutions.
Students Innovative Project Proposal (SIPP) Scheme
Under the Students Innovative Project Proposal (SIPP) Scheme, supported by the Institute Management, student innovators of MLRITM receive dedicated financial assistance to transform their innovative ideas into functional prototypes and market-ready products.
- Up to ₹2.5 Lakhs for prototyping
- Up to ₹7.5 Lakhs for commercialization
- Monthly fellowship of ₹5,000
Seed Fund for Faculty
For faculty members, the institute provides significant financial assistance through the Seed Fund initiative. This funding enables faculty to undertake high-impact research, develop viable technological solutions, and scale their innovations towards commercialization.
- Up to ₹5.0 Lakhs for innovative product development and research-driven solutions
- Additional ₹5.0 Lakhs for commercialization support
