April 26, 2022 ET Telecom

MoU between CSIR and iCreate to harness India’s tech strength

Gujarat Chief Minister Bhupendra Patel presided over the MoU signing between the state government's flagship technology incubator - iCreate (International Centre for Entrepreneurship and Technology), and the Council of Scientific and Industrial Research (CSIR), the premier research and development body of the Government of India.

An agreement has been signed between CSIR and iCreate, India's largest institution for transforming start-ups based on tech innovation into businesses, to harness the country's technological strength, the science and technology ministry said on Monday.

Gujarat Chief Minister Bhupendra Patel presided over the MoU signing between the state government's flagship technology incubator - iCreate (International Centre for Entrepreneurship and Technology), and the Council of Scientific and Industrial Research (CSIR), the premier research and development body of the Government of India.

Under the MoU, CSIR and iCreate intend to establish a collaborative support system for promising tech start-ups by making combined resources available for entrepreneurs and innovators in the country. The ministry said in a statement that the partnership would also catalyse scientific innovation and the marketability of high-tech start-ups.

Further, iCreate will help set up new incubators at identified CSIR labs. Such start-ups will access CSIR's equipment, facilities, and scientific manpower. CSIR will provide intellectual property support and explore methods of financially supporting innovative start-ups from India to boost emerging entrepreneurs, it said.

iCreate is an autonomous centre of excellence of the Gujarat government and is India's largest institution for transforming start-ups based on tech innovation into businesses. Located in a state-of-the-art 40-acre campus at Dev Dholera in Ahmedabad, it has supported over 476 innovations and 30-plus patents with a 'high-touch, entrepreneur first model, connecting them with mentors, markets and money, the ministry said.

Changing environment reiterating the need and importance of quick and reliable technology solutions in accordance with local needs.

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