<p>IIT-B has formed a committee to finalise a proposal which is expected to be sent to New York next month.<br /><br />Prof Subhasis Chaudhuri, Dean, International Relations of the IIT-B told PTI that the institute received NYCEDC invitation three weeks back and if the proposal is selected, the Corporation would provide capital to set up the campus and provide land.<br /><br />But later on the centre will have to sustain on its own, he said.<br /><br />The proposal is at a nascent stage and it is too early to talk about and the internal discussions is on. However, IIT-B is seriously considering the proposal, Chaudhuri said.<br /><br />NYCEDC has made similar proposals to several top institutions around the globe bidding for the same project.<br /><br />NYCEDC is offering a unique opportunity to develop a premier science and research facility and campus in the City of New York, according to its website. The last date for submitting the proposals is March 16.<br /><br />In a City with more than 626,000 students and 39 per cent of global market capitalisation, it is a business and academic capital, both nationally and internationally.<br /><br />In order to maintain a diverse and competitive economy, the City seeks to strengthen its applied sciences capabilities, particularly in fields which lend themselves to commercial opportunities, the Corporation said.</p>.<p>Meanwhile, a top IIT official said the premier institution in Mumbai has been invited by the New York City Economic Development Corporation(NYCEDC)to submit a proposal to set up a new campus for Applied Science courses.<br /><br />IIT-B has formed a committee to finalise a proposal which is expected to be sent to New York next month.<br /><br />Prof Subhasis Chaudhuri, Dean, International Relations of the IIT-B told PTI that the institute received NYCEDC invitation three weeks back and if the proposal is selected, the Corporation would provide capital to set up the campus and provide land.<br /><br />The proposal is at a nascent stage and it is too early to talk about and the internal discussions is on. However, IIT-B is seriously considering the proposal, Chaudhuri said.<br />NYCEDC has made similar proposals to several top institutions around the globe bidding for the same project.<br /><br />NYCEDC is offering a unique opportunity to develop a premier science and research facility and campus in the City of New York, according to its website. The last date for submitting the proposals is March 16.<br /><br />In order to maintain a diverse and competitive economy, the City seeks to strengthen its applied sciences capabilities, particularly in fields which lend themselves to commercial opportunities, the Corporation said. </p>
<p>IIT-B has formed a committee to finalise a proposal which is expected to be sent to New York next month.<br /><br />Prof Subhasis Chaudhuri, Dean, International Relations of the IIT-B told PTI that the institute received NYCEDC invitation three weeks back and if the proposal is selected, the Corporation would provide capital to set up the campus and provide land.<br /><br />But later on the centre will have to sustain on its own, he said.<br /><br />The proposal is at a nascent stage and it is too early to talk about and the internal discussions is on. However, IIT-B is seriously considering the proposal, Chaudhuri said.<br /><br />NYCEDC has made similar proposals to several top institutions around the globe bidding for the same project.<br /><br />NYCEDC is offering a unique opportunity to develop a premier science and research facility and campus in the City of New York, according to its website. The last date for submitting the proposals is March 16.<br /><br />In a City with more than 626,000 students and 39 per cent of global market capitalisation, it is a business and academic capital, both nationally and internationally.<br /><br />In order to maintain a diverse and competitive economy, the City seeks to strengthen its applied sciences capabilities, particularly in fields which lend themselves to commercial opportunities, the Corporation said.</p>.<p>Meanwhile, a top IIT official said the premier institution in Mumbai has been invited by the New York City Economic Development Corporation(NYCEDC)to submit a proposal to set up a new campus for Applied Science courses.<br /><br />IIT-B has formed a committee to finalise a proposal which is expected to be sent to New York next month.<br /><br />Prof Subhasis Chaudhuri, Dean, International Relations of the IIT-B told PTI that the institute received NYCEDC invitation three weeks back and if the proposal is selected, the Corporation would provide capital to set up the campus and provide land.<br /><br />The proposal is at a nascent stage and it is too early to talk about and the internal discussions is on. However, IIT-B is seriously considering the proposal, Chaudhuri said.<br />NYCEDC has made similar proposals to several top institutions around the globe bidding for the same project.<br /><br />NYCEDC is offering a unique opportunity to develop a premier science and research facility and campus in the City of New York, according to its website. The last date for submitting the proposals is March 16.<br /><br />In order to maintain a diverse and competitive economy, the City seeks to strengthen its applied sciences capabilities, particularly in fields which lend themselves to commercial opportunities, the Corporation said. </p>