In a bid to extend its services and expertise to the state, and offer mentorship guidance to startups in Punjab, IIT Ropar has signed a Memorandum of Understanding (MoU) with “Startup Punjab initiative”, Punjab Infotech on Friday.
By partnering with Startup Punjab, IIT Ropar aims to create a platform where emerging entrepreneurs and startups can engage with key ecosystem players including advisors and government stakeholders. It was signed in the presence of IAS, CEO & MD Punjab Infotech Rajat Agarwal, former Director Pb Infotech Ashooneet Kaur, DGM Startup Punjab Sunil Chawla and Sr Consultant Startup Punjab Hardeep Singh Somal and CEO, TBI, IIT Ropar J.K.Sharma.
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The MoU seeks to offer services to startups such as Pre-incubation support may include idea/product development, business basics, market research, accounting/financial management, pitching ideas, go-to-market strategy, distribution strategy, marketing activities, etc.
IIT Ropar Technology Business Incubation supports entrepreneurs in the journey to become market-ready, scale-up startup innovations, while working along with industry leaders to bring mentors, investors, technology companies and advisors to these startups.
Prof. S K Das, Director, IIT Ropar said, “IIT Ropar’s mission is to create a conducive ecosystem for startups by implementing a policy and a framework that enables entrepreneurs to scale their businesses, and by creating the necessary infrastructure required for promoting entrepreneurial activities. This is done by fostering Industry-Academia linkages, Industry Linkages for Startups and building an entrepreneurial culture. The collaboration between IIT Ropar and Punjab Infotech will go a long way in boosting the start-up ecosystem in the state.”
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