The Gangwal School is a unique project which will be developed with support from philanthropists, IITK alumni, and corporates. The fund being raised is mainly for the fixed assets and to bridge the working capital gap in the first 3-4 years. The Institute seeks funding from alumni, corporates (CSR), and philanthropists for this project (details are given here.) The Institute has already secured significant funding through donations, and some donations are for the naming rights for the School, Hospital, Building, and Centers.
The Founders Circle honors the distinguished group of leadership donors who have made a significant impact in kickstarting the Gangwal School of Medical Sciences and Technology. The Institute thanks the Founders Circle members, for their foresight, generosity, and continued support. The founder members are the distinguished alumni of the Institute- Mr. Muktesh Pant (BT/CHE/1976) | Mr. Dev Joneja (BT/ME/1984) | Mr. Hemant Jalan (BT/CHE/1977) | Mr. Anil Bansal (BT/MSE/1977).
JK Cement Limited, a reputed firm in Kanpur, has extended generous support to build a 450-bed super-specialty hospital on the Gangwal School campus. This hospital will be named after Late Mr. Yadupati Singhania, a distinguished alumnus of the institute (BT/CE/1977) and an illustrious industrialist who played a critical role in setting up the J.K Cement Ltd.
IBM India Private Limited Supported the construction of the academic complex of the Gangwal School. This complex will house state-of-the-art research laboratories and academic units.
REC Limited generously supported the construction of studio apartments for the resident doctors.
ICICI Bank generously supported the setting up of a Pathology lab facility at the Health Center, IITK.