NRL inks MoU with IIT Guwahati for incubation of start-ups

GUWAHATI: NRL has inked an MoU with IIT Guwahati (IITG) for incubation of NRL sponsored Startups under its start-up funding initiative ‘iDEATION’. The MoU was signed on Friday at IITG between Director (Technical) NRL, Bhaskar Phukan and Director of IITG, Prof. Gautam Biswas, in the presence of CGM (Tech) NRL, Nikunja Borthakur, DGM(CC) NRL Madhuchanda Adhikari , Dean (R&D) IITG, Prof Gopal Das and Prof K Darunkumar Singh, Faculty in-charge, Technology Incubation Centre (TIC), IITG, stated a press release.

The MoU will facilitate providing incubation facility and mentoring to the start-ups selected through iDEATION by the established Technology Incubation Centre (TIC) of IITG. This win-win collaboration will provide impetus, necessary infrastructure and guidance for taking forward NRL- sponsored start-up projects in the region.

Launched in the year 2017 for nurturing and boosting a start-up ecosystem in Northeast India, iDEATION is NRL’s contribution towards the ambitious ‘Start-up India’ Mission of the Government of India. A successful first edition of this initiative saw a funding to the tune of Rs. 1.29 crore being allotted to four selected start-up projects as seed funding and scale-up funding. The second edition launched in February 2018, too, garnered huge responses from the intrepid entrepreneurs of the Northeast.

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