Industry, academia join hands to boost innovation, entrepreneurship

The MoUs are aimed at capacity building, fostering research, intellectual property management, mentoring and commercialisation.

By Author  |  Business Bureau   |  Published: 13th Nov 2017  1:28 pmUpdated: 14th Nov 2017  12:28 am
entrepreneurship
T-Hub COO Srinivas Kollipara (right) speaks about the partnership. Photo: Surya Sridhar

Hyderabad: CL Educate, Research and Innovation Circle of Hyderabad, TiE Hyderabad and T-Hub are signing memorandum of understandings (MoUs) with premier institutions such as IIT-BHU, IIT-ISM Dhanbad, IIIT Bangalore, IIT Kalyani, Weizmann Institute of Science of Israel, corporates, startups and early investment funds. 

The MoUs are aimed at capacity building, fostering research, intellectual property management, mentoring and commercialisation. 

In addition to this, CL Educate and T-Hub have also signed a MoU with a public enterprise as part of its CSR to work with 30 science and engineering colleges in Hyderabad and across the State to enable research and innovation in their campuses.  

The MoUs are going to be signed at a two-day meet MeltingPot, an innovation platform connecting academia and industry collaborating in the fields of research and innovation. The event is being held in Hyderabad on November 14 and 15.

Featuring eminent speakers from industry and academia, one of the highlights of the event is the spotlight session on Israel featuring Prof Gadi Ariav, professor, Tel Aviv/IIMB; Aaron Jaffe, general counsel, Yeda-Technology transfer at Weizmann Institute of Science; Jay Krishnan, CEO, T-Hub and Dr G Raghuram, director, IIM Bangalore.Satya Narayanan R, Chairman, CL Educate said.

“For India to reach the top among global economies; collaborative Research and IP creation is a critical milestone to cross. The need of the hour is to create a collaborative ecosystem that can instill and nurture innovation and entrepreneurship amongst the youth and help them leapfrog to commercialization. By enabling these MoUs WAINConnect is delivering on its promise to create linkages between academia and industry – the two largest contributors to the innovativeness of an economy,” Srinivas Kollipara, COO, T-Hub said.

“Hyderabad today has become the preferred destination for entrepreneurs, corporates and major events in the country. We are happy to have the MeltingPot2020 Innovation Summit 2017 happening here in our city. The event provides a good platform for all the stakeholders involved to network, collaborate and innovate together to further the ecosystem. The Hyderabad startup ecosystem has grown multifold over the past few years and T-Hub aims to make Hyderabad among the top 10 startup ecosystems in the world.” 

Pradeep Mittal, president, TiE Hyderabad said, “As an organisation committed to promoting innovation and entrepreneurship in Hyderabad/Telangana. TiE Hyderabad is happy to collaborate with WAIN Connect platform and MeltingPot2020 to deepen and enrich the potential connect with innovators and entrepreneurs. In collaboration with WAIN Connect and CL Educate we also wish to introduce and enlarge the TYE and TiE Grad programme in schools in Telangana/Hyderabad over the next three years.”