The National Research Development Corporation (NRDC), under Ministry of Science & Technology, has entered into a MoU with The Indus Entreprenuers(TIE), during the TiE ISB Connect 2016, organised at Indian School of Business, Hyderabad. The MoU was signed by the CMD, NRDC Dr. H. Purushotham and President, TIE, Hyderabad Shri Suresh Challa. CMD NRDC informed that NRDC has access to technologies developed by all public funded R&D organisations and they can connect these technologies to the entreprenuers for creating technology based startups.
Under this MoU NRDC and TIE shall leverage their capabilities and work together for providing mentoring services, providing technologies to entrepreneurs/startups, providing IPR services and facilitating technology marketing in India and abroad.
Dr. Purushotham said, this initiative of NRDC aids the “Make in India”, “Start-Up India” and “Stand-Up India” Missions of the Government of India.