New Delhi/Dehradun : UPES Runway Incubator has signed a Memorandum of Understanding with iHUB – AWaDH, IIT Ropar. This milestone represents a significant stride in their shared journey of advancing cutting-edge research and fostering entrepreneurship. This strategic partnership unites the two institutions, both driven by a mutual vision of advancing knowledge, driving innovation, and enhancing the startup ecosystem.
The MoU covers various key aspects that reflect the collective dedication toward driving positive transformation within academic and entrepreneurial domains. AWaDH is a first-of-its-kind innovation hub established by the Department of Science and Technology (DST) to support R&D in the domains of Agriculture, Water, IoT, and ICPS (Interdisciplinary Cyber-Physical Systems).
The collaboration will shape the future of emerging entrepreneurial ideas and ventures. It will play a pivotal role in extending financial support in the form of grants and investments, reflecting its firm dedication to nurturing and amplifying innovative initiatives. Additionally, this partnership will also support the establishment of a state-of-the-art Cyber-Physical Systems (CPS) lab at UPES, backed by AWaDH. The lab will serve as a hub for fostering CPS skills among UPES and external institutions students, researchers, and startups and will also drive research and innovation in the Uttarakhand region. Moreover, the startups will also be able to leverage the lab’s resources to further its technologies.
Mr. Rahul Nainwal, CEO, Runway Incubator, said, “We aim to inspire a culture of collaborative research, drive technological innovation, and provide a nurturing environment for both students and startups. As we celebrate this significant milestone, we eagerly look forward to spurring accelerated innovation in key areas and fostering a dynamic ecosystem for aspiring entrepreneurs. Together, we strive to connect the domains of knowledge and application, charting a path towards a successful future.”
Mr. Mukesh Kestwal, Chief Innovation Officer, iHub – AWaDH, IIT Ropar said, “We are thrilled to collaborate with UPES Runway Incubator. Harnessing the power of our combined synergies, we are determined to provide unparalleled support to students, researchers, and entrepreneurs, empowering them to bring their revolutionary ideas to life. This is a strong step towards building a community that thrives on innovation, creativity, and a shared vision for a brighter and better future.”
Runway is an incubation initiative by the UPES Council for Innovation and Entrepreneurship (UCIE). UCIE has been recognised by the Government of Uttarakhand as a business incubator and is also a member of the University Business Incubator (UBI) Global platform. Recently, Runway Incubator also concluded its annual ‘Take Off’ Startup Challenge. The contest witnessed participation from over 400 aspiring entrepreneurs from various fields like Social Impact, Healthcare and Biotech, D2C, Fintech, Manufacturing / Robotics / AI / ML, Fashion and Lifestyle, Energy and Sustainability and Ed-tech.
New Delhi/Dehradun : UPES Runway Incubator has signed a Memorandum of Understanding with iHUB – AWaDH, IIT Ropar. This milestone represents a significant stride in their shared journey of advancing cutting-edge research and fostering entrepreneurship. This strategic partnership unites the two institutions, both driven by a mutual vision of advancing knowledge, driving innovation, and enhancing the startup ecosystem.
The MoU covers various key aspects that reflect the collective dedication toward driving positive transformation within academic and entrepreneurial domains. AWaDH is a first-of-its-kind innovation hub established by the Department of Science and Technology (DST) to support R&D in the domains of Agriculture, Water, IoT, and ICPS (Interdisciplinary Cyber-Physical Systems).
The collaboration will shape the future of emerging entrepreneurial ideas and ventures. It will play a pivotal role in extending financial support in the form of grants and investments, reflecting its firm dedication to nurturing and amplifying innovative initiatives. Additionally, this partnership will also support the establishment of a state-of-the-art Cyber-Physical Systems (CPS) lab at UPES, backed by AWaDH. The lab will serve as a hub for fostering CPS skills among UPES and external institutions students, researchers, and startups and will also drive research and innovation in the Uttarakhand region. Moreover, the startups will also be able to leverage the lab’s resources to further its technologies.
Mr. Rahul Nainwal, CEO, Runway Incubator, said, “We aim to inspire a culture of collaborative research, drive technological innovation, and provide a nurturing environment for both students and startups. As we celebrate this significant milestone, we eagerly look forward to spurring accelerated innovation in key areas and fostering a dynamic ecosystem for aspiring entrepreneurs. Together, we strive to connect the domains of knowledge and application, charting a path towards a successful future.”
Mr. Mukesh Kestwal, Chief Innovation Officer, iHub – AWaDH, IIT Ropar said, “We are thrilled to collaborate with UPES Runway Incubator. Harnessing the power of our combined synergies, we are determined to provide unparalleled support to students, researchers, and entrepreneurs, empowering them to bring their revolutionary ideas to life. This is a strong step towards building a community that thrives on innovation, creativity, and a shared vision for a brighter and better future.”
Runway is an incubation initiative by the UPES Council for Innovation and Entrepreneurship (UCIE). UCIE has been recognised by the Government of Uttarakhand as a business incubator and is also a member of the University Business Incubator (UBI) Global platform. Recently, Runway Incubator also concluded its annual ‘Take Off’ Startup Challenge. The contest witnessed participation from over 400 aspiring entrepreneurs from various fields like Social Impact, Healthcare and Biotech, D2C, Fintech, Manufacturing / Robotics / AI / ML, Fashion and Lifestyle, Energy and Sustainability and Ed-tech.
iHUB – AWadh spearheads flagship initiatives like SPRINT (Strategic Program for Research Innovation and Next-Gen Tech-Commercialisation) and SAMRIDHI (Strategic Acceleration for Market, Research, Innovation & Development: A Holistic Initiative for ICPS Startups). Both initiatives focus on stimulating research, innovation, and entrepreneurship in our country through tailored guidance, skill enhancement, networking opportunities and funding support.
iHUB – AWadh spearheads flagship initiatives like SPRINT (Strategic Program for Research Innovation and Next-Gen Tech-Commercialisation) and SAMRIDHI (Strategic Acceleration for Market, Research, Innovation & Development: A Holistic Initiative for ICPS Startups). Both initiatives focus on stimulating research, innovation, and entrepreneurship in our country through tailored guidance, skill enhancement, networking opportunities and funding support.
