NEWGEN Innovation and Entrepreneurship Development Centre (NEWGEN IEDC) was established at Sumathi Reddy Institute of Technology for Women, Warangal in 2018.
IEDC-SRITW is funded by Department of Science and Technology, New Delhi for five years with total grant of Rs 2.8 Cr.
IEDC Mission is “Develop Institutional mechanism to create Entrepreneurial culture in academic Institutions to foster growth of innovation and entrepreneurship amongst the faculty and students.
The goal of IEDC is to bring out the software/hardware product which has market value, prepare Business plan and to form a company. Through this, students learn the value, and cost of the product, along with vital marketing strategy, funding and the process of registration of company. Every year student projects are funded by DST. Additionally five new projects are supported by the Institute
SRITW is proud to announce that our college is amongst 16 best colleges in India to receive a grant of 2.8Crores from Department of Science and Technology (DST).