A new incubation centre has been inaugurated at National Research Development Corporation (NRDC), Delhi to provide multi-prong support to StartUps.
Corporation is providing support to start-ups through its various activities like IP Filing support to StartUps, Incubation Support for nurturing Start-Ups through its incubators at NRDC HQ, CSIR-NAL and CSIR-IMMT, Technology Development fund, Seed Funding to early stage start-up, Association with DPIIT for recognising start-ups and finally Association with IOCL for mentoring & monitoring of start-ups.
The new centre has been integrated by Union Minister of State (Independent Charge) Science & Technology Dr Jitendra Singh.
NRDC has created the facilities for incubating start-ups and is also promoting beneficial schemes to provide support in terms of funding, mentoring, IP assistance and other allied services to the Start-ups.
In the last one year, the Corporation has established three Incubation Centres and one Outreach Centre. Another Outreach Centre is planned for inauguration in January 2023 at Guwahati to promote start-ups in North East. 10,000 Start-ups have received support in respect of IP filing, Incubation and start-up registration so far.
With an aim to support Made-in-India, NRDC has established Foreign collaboration with USPTO, AARDO etc. for exploring world market for Indian Technologies. Further, NRDC is proving to be a catalyst between R&D Institute & Industry and has signed MoU with 220 R&D Institute & Universities in last five years. NRDC’s Vizag unit was awarded “Best Technology” and “Innovation Support Centre” in 2021.
Dr Jitendra Singh urged the Team NRDC to take a wholesome approach to establish a National level facility that should provide one-stop solution to all the needs of the ever-growing Start-Ups ecosystem of the country.
The minister said, “It must house facilities like TRL assessment, IP exchange, Design clinic, Model Incubation facility etc. In order to find World market for Indian Technologies, NRDC should aim to provide technology transfer services through hub and spoke model, specially to African and Asian Countries.”
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