CSR Contributions can be made to PICT Entrepreneurship Development Cell as per Companies Act 2013. As a corporate, you can now make CSR contributions to and also conduct CSR activities with PICT EDC. Section 135 of the Companies Act 2013, mandates corporates of certain financial size to spend 2% of their profits towards Corporate Social Responsibility Projects.

“Contributions and funds, provided to technology Incubators located within academic institutions which are approved by the Central Government”, is listed (no. ix) among “Activities which may be included by companies in their Corporate Social Responsibility Policies”

(Notification dated 27 February 2014 by the Ministry of Corporate affairs ( http://www.mca.gov.in/Ministry/pdf/CompaniesActNotification3_2014.pdf) along with the original schedule VII (http://www.mca.gov.in/SearchableActs/Schedule7.html).