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IIT Guwahati Inks MoU With ADIF To Boost Startup Ecosystem

 

GUWAHATI: The Technology Incubation Centre (TIC) of IIT Guwahati has entered into a Memorandum of Understanding (MoU) with the Alliance of Digital India Foundation (ADIF) to foster entrepreneurship and support technology startups. The collaboration aims to strengthen the startup ecosystem by promoting synergy between ADIF's network of startups and entrepreneurs, and IIT Guwahati's resources, faculty, and incubation facilities.

The MoU outlines several key areas of collaboration. ADIF will offer alliance membership to startups in TIC's portfolio, granting them access to a toolkit of discounted services, resources, and mentorship opportunities. In return, TIC will provide mentoring, market linkages, pitching support, networking events, and acceleration programmes to ADIF members.

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Additionally, the partnership will involve joint organisation of startup courses, workshops, hackathons, and research initiatives involving students, faculty, and entrepreneurs. ADIF will also promote TIC's events and programmes through its communication channels, increasing visibility for these initiatives.

"We are excited to partner with the prestigious IIT Guwahati, Technology Incubation Centre, to empower early-stage startups through our combined resources and networks. This collaboration underscores our shared vision of catalyzing India's entrepreneurial ecosystem," said Prateek Jain, Associate Director at ADIF.

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"IIT Guwahati Technology Incubation Centre is delighted to join hands with ADIF to create a more conducive environment for our brightest minds to transform their innovations into successful businesses, especially in North East India," remarked Prof. G. Krishnamoorthy, President, IITG, TIC. "We look forward to nurturing entrepreneurship through this synergistic partnership."

The MoU is expected to provide startups with critical support in areas such as policy advocacy, technology solutions, mentoring, funding opportunities, and more, helping them to grow and scale quickly.

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