IITM Incubation Cell (IITMIC) has recently announced a new partnership with College of Engineering, Trivandrum (CET) and CET Alumni Association (Chennai chapter) to support the growth and development of innovative startups in India. As India’s leading deep-tech startup hub, IITMIC aims to leverage its extensive network, resources and expertise to provide entrepreneurs with the necessary support and guidance they need to succeed in today’s competitive market.
Through this partnership, IITMIC will work closely with CET and its alumni association to identify promising startups and provide them with access to a range of support services, including mentorship, networking opportunities, funding and more. The collaboration is expected to help startups accelerate their growth, increase their chances of success and contribute to the overall growth and development of India’s startup ecosystem.
IITMIC has a proven track record of supporting and nurturing startups in a range of industries, including healthcare, agritech, edtech, and more. With the help of CET and its alumni association, IITMIC aims to expand its reach and help even more entrepreneurs turn their innovative ideas into successful businesses. The collaboration is a testament to the commitment of all parties involved to promote innovation, entrepreneurship and economic growth in India.
The partnership between IITM Incubation Cell (IITMIC), College of Engineering, Trivandrum (CET) and CET Alumni Association (Chennai chapter) is set to bring about a significant positive impact in the Indian startup ecosystem. IITMIC will play a crucial role in providing holistic support to CET to strengthen its incubation ecosystem and enhance the success of its incubatees.
IITMIC will offer co-incubation support to select CET incubatees to help them scale their ventures and make a national impact. This support will include access to IITMIC’s vast network of industry experts, mentors, and investors, as well as funding and other resources necessary for growth and expansion.
In addition to providing co-incubation support, IITMIC will also collaborate with CET to establish a student-led ‘Build Club’. The Build Club will encourage students to develop their ideas and create innovative products by providing them with access to IITMIC’s resources and expertise. This initiative will foster a culture of building products among students and inspire them to become future entrepreneurs.
The partnership between IITMIC, CET, and CET Alumni Association (Chennai chapter) demonstrates a shared commitment to promoting innovation and entrepreneurship in India. With IITMIC’s support, CET is poised to become a leading incubation center in India, nurturing and promoting successful startups in a range of industries.
The partnership between IITM Incubation Cell (IITMIC), College of Engineering, Trivandrum (CET), and CET Alumni Association (Chennai chapter) is a significant step towards achieving IITM Research Park & Incubation Cell’s 10X initiative. The 10X initiative is focused on accelerating incubation and strengthening India’s grassroots entrepreneurial ecosystem by identifying and incubating startups from partner institutes and incubators in Tier 2 and 3 cities.
Through this partnership, IITMIC will work closely with CET and its alumni association to identify promising startups and provide them with the necessary support to accelerate their growth and achieve success. The initiative is in line with IITM’s mission to promote innovation and entrepreneurship in India, particularly in Tier 2 and 3 cities, where there is immense potential for growth and development.
The 10X initiative aims to create a supportive ecosystem for startups by providing them with access to mentorship, funding, networking opportunities, and other resources necessary for success. By partnering with CET, IITMIC hopes to identify and incubate startups with innovative ideas that have the potential to create a significant impact in their respective industries and contribute to India’s economic growth.
Prof. Ashok Jhunjhunwala, who serves as the President of IIT Madras Research Park, IITM Incubation Cell & RTBI, expressed his excitement for the partnership with College of Engineering, Trivandrum (CET), and CET Alumni Association (Chennai chapter) in promoting entrepreneurship and innovation among the youth of Kerala.
According to Prof. Jhunjhunwala, the youth of Kerala possess immense potential to become successful entrepreneurs, and this partnership is an opportunity to tap into this potential. The collaboration will enable IITM Incubation Cell to provide the necessary support and guidance to aspiring entrepreneurs from Kerala, particularly those from Tier 2 and 3 cities.
Prof. Jhunjhunwala is a prominent figure in India’s startup ecosystem and has played a key role in promoting entrepreneurship and innovation in the country. His expertise and experience will be invaluable in guiding and mentoring startups incubated at CET. Suresh Babu, Principal, CET, explained, “The college had created multiple verticals like IEDC, TBI etc in the last few years, to drive the startup culture at CET, but clearly needed the best support system & expertise to accelerate the efforts. ”
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