The International Institute of Information Technology Bangalore (IIIT-B) and the Indian Institute of Management Bangalore (IIMB) have entered into a MoU with the aim of sharing their expertise in the areas of technology and management, respectively, with the start-ups being incubated in their respective innovation centres.

“IIMB and IIIT-B, from their collective experience in nurturing entrepreneurs and start-ups over the past decade, recognise their mutual interest in positively influencing the technology start-up ecosystem in India and the importance of collaborating with each other to nurture early stage technology ventures and help them in shaping appropriate business models,” said Professor Suresh Bhagavatula, Chairperson, NS Raghavan Centre for Entrepreneurial Learning at IIMB.

 

The institutions will work together to provide technology and business mentorship aimed at helping young technology start-ups and entrepreneurs achieve sustainable business growth in the Indian start-up landscape.

 

“I am sure this collaboration will be a win-win situation for both the institutions and the start-ups,” said Professor R Srinivasan, Director Incharge, IIM Bangalore.

 

Professor S Sadagopan, Director, IIIT-B, said: “The collaborative partnership between the innovation centres of IIIT-B and IIMB is a much needed and one-of-its-kind model of cooperation between two premier Indian institutes for the benefit of the start-up community.”

 

comment COMMENT NOW