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Technology: iCreate-CSIR sign MoU to support high-tech startups

Fiinews by Fiinews
April 27, 2022
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Jalote sees powerful alliance with CSIR’s globally recognised Labs

Gujarat’s flagship technology incubator iCreate and CSIR 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 partnership of iCreate (International Centre for Entrepreneurship and Technology), and the Council of Scientific and Industrial Research (CSIR), the premier research and development body of the Indian Government, will also catalyse scientific innovation and the marketability of high-tech start-ups.

The two entities signed a Memorandum of Understanding for the alliance on 25 April 2022.

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.

iCreate will also leverage its deep industry connections and market linkages to identify real needs that can be addressed through scientific innovation by CSIR scientists, thus leading to faster commercialisation of the innovations coming out of CSIR.

Anupam Jalote, CEO of iCreate, said, “This is a very powerful alliance that is being forged – CSIR Labs are globally recognised, and their scientific and technical mettle is world-class.

“iCreate is nimble and market connected – these two traits synergise very well, and I am confident that it will contribute to helping transform India into a global knowledge-driven economy. Budding entrepreneurs may also have CSIR scientists onboarded as mentors for iCreate based on their area of R&D expertise and understanding of technical knowledge”.

Dr. Shekhar C Mande, Director General, CSIR said, “We are proud to partner with iCreate to establish a collaborative environment where the translation of knowledge to value is accelerated. This is another step forward in CSIR’s efforts to boost research and innovation across the nation while also promoting the valuable exchange of ideas, knowledge and expertise.”

The coming together of iCreate and CSIR is expected to open new opportunities for start-ups as a result of new synergies among multiple stakeholders. Since its founding in 2012, iCreate has helped a significant number of start-ups across sectors to grow and scale rapidly. With the CSIR collaboration, iCreate envisions to gain further momentum in supporting India’s robust innovative start-up ecosystem.

iCreate is an autonomous centre of excellence of the Government of Gujarat and is India’s largest institution for transforming start-ups based on tech innovation into successful businesses. Located in a state-of-the-art 40-acre campus at Dev Dholera in Ahmedabad, to date it has supported over 412 innovations and 30+ patents with a ‘high-touch, entrepreneur first model, connecting them with mentors, markets and money. Embedded systems and IoT are a focus area for iCreate, in domains like electric vehicles, agritech, smart cities, health, tech, industrial automation, and renewable energy, among others. It is home to Cisco’s largest Innovation Lab in India and has partnerships with leading institutions in the US, Israel and other countries. fiinews.com

Tags: Council of Scientific and Industrial Research
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