Gandhinagar : CSIR will collaborate to financially support new start-ups. The MoU between i-Create of Gujarat and the Council of Scientific and Industrial Research CSIR of the Government of India concluded at Gandhinagar in the presence of Chief Minister Bhupendra Patel. The MoU will provide CSIR and i-Create joint resources for entrepreneurs and researchers in the country. This will give a new impetus to the creation of world class start-ups with rapid economic growth in the country and the state. Not only that, but the establishment of a collaborative support system for skilled and promising tech start-ups will also promote scientific innovation and marketability of high-tech start-ups. Additional Chief Secretary of the Industry Department of the State Government, RajivKumar Gupta and CSIR’s Chief Scientist and Head Central Planning Directorate K. Venkatesh Subramaniam exchanged views. This important MoU will help i-Create install new incubators in designated CSIR labs and allow such start-ups to use CSIR’s tools, facilities and scientific manpower. CSIR will explore new ways to provide financial support to India’s innovative start-ups to encourage emerging entrepreneurs by providing intellectual property support. Gujarat has taken the lead in this MoU in the call made by the Prime Minister Narendra Modi for realizing the resolve of ‘Atmanirbhar India’ by encouraging start-up innovation of the youth of the country. I-Create will also benefit from its strong industry connections and market linkages, so that real needs can be identified and fulfilled through the scientific innovations undertaken by CSIR scientists. Thus, the rapid commercialization of innovations undertaken by CSIR will be commercialized and the global market will also be accessible.

The merger of i-Create and CSIR is expected to open up new opportunities for start-ups as a result of the new synergy between multiple stakeholders. I-Create has helped a significant number of start-ups grow rapidly and increase productivity across all sectors. Now in collaboration with CSIR, i-Create will support India’s strong innovative start-up ecosystem. Chief Minister Bhupendra Patel expressed confidence that this participation would be important for the young start-ups and the entire start-up-innovation-research ecosystem. Additional Chief Secretary to the Chief Minister Pankaj Joshi, CEO of i-Create Anupam Jalote as well as senior officials of CSIR were present on the occasion.