IIT-Ropar gets Rs 5-crore grant to set up biz incubator in Punjab – Feedback

The Indian Institute of Technology, Ropar (IIT-Ropar) has received a grant of Rs 5 crore to set up a technology business Incubator (TBI) in Punjab. The grant will be utilised to contribute towards the central government’s Start-up India Programme.

The TBI will foster innovation and entrepreneurship culture in the state over a period of five years. It will be a specialised facility, which will promote new technology, knowledge and innovation-based startups, establish a network among academia, financial institutions, industries and other institutions, and provide cost-effective, value-added services to startups like mentoring, legal, financial, technical and intellectual property-related services, IIT-Ropar said in a release on Tuesday.

http://www.business-standard.com/article/companies/iit-ropar-gets-rs-5-crore-grant-to-set-up-biz-incubator-in-punjab-116020900779_1.html

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