‘Centre for Research on Start-Ups and Risk Financing’ (CREST)

Current Context: The IIT Madras has launched ‘Centre for Research on Start-Ups and Risk Financing’ (CREST).

• The CREST will offer academic and thought leadership in areas like innovation, entrepreneurship and risk capital.
• The centre will help to create a data repository on Indian start-ups and ventures. It will solve the issues and remove drawbacks in order to have high-quality research activities.
• The data repository will be developed on innovation, venturing and risk capital which will create infrastructure to carry high-quality research.
• The centre will be a source of information for researchers & policymakers that can result in top-tier publications.
• It will establish a cross-country collaborative research system which will help in the use of unique data sets on start-ups and venture capital.

Question: 

Q.1 Which institute launched the ‘Centre for Research on Start-Ups and Risk Financing’ (CREST)?
a. IIT Kharagpur
b. IIT Kanpur
c. IIT Madras
d. IIT Bombay