IIMB and IIT Kanpur join hands to accelerate Deep-Tech startups

The Indian Institute of Technology Kanpur (IIT Kanpur) and NSRCEL, the business incubator of the Indian Institute of Management Bangalore (IIM Bangalore), have signed a memorandum of understanding (MoU) to accelerate deep-tech start-ups and transform emerging technologies into market-ready ventures. This is a first-of-its-kind collaboration that aims to strengthen India's deep-tech ecosystem, particularly in defence, aerospace, and allied strategic sectors.

The partnership will involve joint incubation and acceleration programs, co-incubation opportunities, knowledge exchange, entrepreneurial best-practice sharing, ecosystem activities, and engagement with industry, investors, and other stakeholders. Both institutions will focus on research and development in defence, aerospace, and allied dual-use technologies, with the goal of identifying and nurturing the next generation of deep-tech innovators in strategic sectors of national importance.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.