On 12-09-2022 Memorandum of Understanding (MoU) signed between Proudhadevaraya Institute of Technology, Hosapete and Karnataka Innovation & Technology Society (KITS), at Bengaluru , to jointly establish Vijayanagara District Innovation Hub.
The MoU is signed in the graceful presence of PDIT Chairman Sri Palled Doddappa. Principal Dr SM Shashidhar signed on behalf of PDIT and Smt. Meena Nagaraj C.N, IAS, Director IT & BT on behalf of KITS, Dept of IT, BT and S&T, Government of Karnataka. DIH Coordinator Prof. Prakasha S was present on the occasion.
This Hub at PDIT would provide financial grants to startups & innovative entrepreneurs from ₹ 3 lakh upto ₹ 50 lakh for each project; a big boost to innovative ventures.
