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Atal Innovation Mission, inaugurates ACIC-CBIT Research and Entrepreneurship Foundation in Hyderabad

By   /  January 31, 2023  /  Comments Off on Atal Innovation Mission, inaugurates ACIC-CBIT Research and Entrepreneurship Foundation in Hyderabad

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Dr. Chintan Vaishanv, Mission Director, Atal Innovation Mission, NITI Aayog inaugurated ACIC-CBIT centre on Tuesday, January 31st 2023 in Hyderabad. AIM team visited the centre to understand the different lab setups, technology and infrastructure for incubatees. Along with the inauguration of the centre, ACIC-CBIT hosted the first Startup 20X event in the form of talks from four startup founders working in different areas ranging from infrastructural development, millet manufacturing, mental health and upskilling rural innovators. These startups are working to bring about a change for the betterment of the community and nation at large.

Speaking during the event Dr. Chintan said; “Communities play a very important role in our lives and motivating innovators from the grassroots is an essential part of building an inclusive startup ecosystem across the country which is possible through the support of on ground institutions like ACICs working closely to transform this idea into action”.

Speaking at the first ever Startup 20X event, he quoted; “Startup Policy Forum called Startup 20X has been conceptualized to democratize the basis of startups and startup ecosystems around the world to have a say in the Global Startup Policy making. This forum will provide a platform for startups to voice their story and talk about the work they do on-ground.”

Principal CBIT and Director of ACIC CBIT, Prof. P. Ravinder Reddy also shared his vision of the startup ecosystem around the CBIT and how they can be nurtured through their support. During the event MoUs with partners were also exchanged to build a collaborative startup and innovation ecosystem in the region. The event witnessed enthusiastic entrepreneurs showcasing their products and work targeting sustainable development goals. It was encouraging to see the young budding entrepreneurs showcase the energy and motivation to do good for their community.

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