October 18-20 | Tucson, AZ

The Research Institution GAP Fund and Accelerator Program Summit

3 eminent alumni fund innovation centre at IIT-Madras

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October 16-17, 2025 / Seattle, WA

The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

IIT, Madras on Wednesday unveiled its centre for innovation and entrepreneurship which will pave the way for more teaching, research, product development and policy-making initiatives.Named the `Gopalakrishnan-Deshpande Centre’ (GDC) after three of its wellknown alumni, it has an initial funding of $1 million from Infosys vice-chairman Kris Gopalakrishnan and venture capitalists Desh Deshpande and Jaishree Deshpande.

Source: 3 eminent alumni fund innovation centre at IIT-Madras – Times of India

Consortium For Gap Fund and Accelerator ProgramS

The Consortium provides a dedicated, institutional coordinating forum for collective insight, program refinement, and structured engagement with aligned commercial, investment, and philanthropic partners.

GAP are an interdependent institutional innovation and capital strategy that includes:

  • Translational research

  • Proof of concept programs

  • Startup accelerators

  • University venture funds

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