IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem in East and Northeast India

IIM Calcutta Innovation Park and Indian Chamber of Commerce (ICC) signed Memorandum of Understanding (MoU) for energising start-up ecosystem in East and Northeast India. The MoU will bring incubator and industry toghether in more formal way. IIM Innovation Park is currently incubating 40 start-ups with almost half from West Bengal.

Key Facts

ICC has wide industry connect which will IIM Calcutta Innovation Park to promote start-ups whom it is incubating. It will offer platform for market linkage for start-ups and promote their products and services especially from eastern and northeastern region which need greater attention in startup growth story of the country. ICC is currently working on new program that aims to offer all key services under single roof at very low cost for start-ups beginning from initial advisory, market linkage, fundraising and legal service.

Indian Chamber of Commerce (ICC)

It is premier body of business and industry in Eastern and North-Eastern India. Its membership comprises several of largest corporate groups in the country, with business operations all over country and abroad. It was established in 1925 by group of pioneering industrialists led by Mr G D Birla. It is only National Chamber of Commerce operating from Kolkata. It is also only chamber from India to win first prize in World Chambers Competition in Quebec, Canada.

Month: Current Affairs - November, 2018