ENA State 2022-11-01 10:55:34 <p><span style="font-size:14px"><strong>Chennai, Nov 1 (KNN)</strong> Supporting grassroot entrepreneurs, the Indian Institute of Technology (IIT) Madras Incubation Cell has set a target to achieve 1000 incubations by 2030.</span></p> <p><span style="font-size:14px">It has also announced its partnership with SSN Incubation Foundation (SSN iFound), Chennai to develop an ecosystem that provides incubation support to promising entrepreneurial ventures.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">According to the official statement this partnership also ties into IITMICs 10X initiative of Accelerated Incubation of achieving 1000 incubations by 2030.</span></p> <p><span style="font-size:14px">It aims to strengthen Indias grassroot entrepreneurial talent by identifying, collaborating and incubating startups from partner institutes/incubators in tier 2, 3 &amp; 4 cities.</span></p> <p><span style="font-size:14px">The institute will further support SSN iFound in setting up Build Club a student-only run club, shaped, and managed by them that aims to create a culture of building products among students. </span></p> <p><span style="font-size:14px">IIT Madras will also periodically select startups with potential for co-incubation.</span></p> <p><span style="font-size:14px">Each co-incubatee will receive a host of value-added support including mentorship (technical &amp; business), networking and training support, seed funding and connect to angels/VCs, Startup Engine platform, incubation space and various business support services. <em><strong>(KNN Bureau)</strong></em></span></p> 31057 https://knnindia.co.in/news/newsdetails/state/iit-madras-aims-to-achieve-1000-incubations-by-2030 2022-11-01 10:55:34 knnindia.co.in