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26/04/22 21:02 PM IST

MoU between CSIR and iCreate

In News 
  • The Chief Minister of Gujarat, Shri Bhupendra Patel presided over the MoU signing between the Government of Gujarat’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.
About the MoU
  • The MoU will foster rapid economic development and help create world-class start-ups
  • iCreate to help establish new start-up incubators at select CSIR labs to boost commercialisation of CSIR’s innovations
  • CSIR to provide access to its equipment, facilities as well as scientific manpower to iCreate’s start-ups
  • CSIR and iCreate to jointly work on creating tech innovation-based commercial solutions to address large challenges facing the country
  • CSIR will explore new ways of financially supporting innovative start-ups     
  • 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. 
  • 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.
About iCreate:
  • iCreate (International Centre for Entrepreneurship and Technology) 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. 
About CSIR:
  • The Council of Scientific & Industrial Research (CSIR), known for its cutting-edge R&D and Industrial knowledge base in diverse S&T areas, is a contemporary R&D organisation.
  • CSIR has a dynamic network of 37 national laboratories, 39 outreach centres, one Innovation Complex, and three units with a pan-India presence.

Source-PIB 

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