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 MLRITM Innovation and Incubation 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, develop ethical, skilled adaptable individual’s
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 can facilitate knowledge
creation and innovation.
To create a Startup Ecosystem through strategic investment, scaling up
and providing a 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
which have potential for commercial ventures and social impact in the
sectors like Clean Environment, Green Energy/Alternative Energy,
Health Care, Food & Beverages, Agri, drone and Education etc.


