Press Release.
45 business engagement agreements announced under the DST-Lockheed Martin India Innovation Programme 2016 at the Bengaluru Technology Expo
Business Wire IndiaShri Priyank KhargeIIGP enables Indian innovators and startups to get connected to industry partners not only in India but across the globe. 12 innovators were taken to Silicon Valley during September 25-30 this year to provide them an exposure to the global innovation ecosystem and get on an accelerated commercialization path. Subsequently, Swati Tiwari of Arcturus Business solutions, a Noida based startup was connected to Texas based Austin Energy who recently tested the solution developed by Arcturus for inspecting power transmission lines from the air using drones and breakthrough imaging software. Several awarded startups also participated in an Indian innovation led start-ups to Nairobi organized by FICCI earlier this year. As a consequence of the visit, one of the awarded companies under the IIGP viz. Aakar Innovations which has developed low cost biodegradable sanitary napkins has signed MoUs for partnership with Banapads from Uganda; Zana Africa from Kenya and Dreamline Business Centre from Kenya.over 500 business engagement agreements being signed between innovators and industry partners/investorsINR 181 crore (approx. US$30million)
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We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.