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IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem

IIM Calcutta Innovation Park and Indian Chamber of Commerce (ICC) have signed a Memorandum of Understanding (MoU) for energising the start-up ecosystem in East and Northeast India.
IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem
  • The MoU will bring the incubator and industry toghether in a more formal way.
  • IIM Innovation Park is currently incubating 40 start-ups with almost half from West Bengal.

Details:

  • ICC has a wide industry connect which will help IIM Calcutta Innovation Park to promote start-ups whom it is incubating.
  • It will offer a platform for market linkage for start-ups and promote their products and services especially from eastern and northeastern region which need greater attention in the startup growth story of the country.
  • ICC is currently working on a new program that aims to offer all key services under a single roof at a very low cost for start-ups beginning from initial advisory, market linkage, fundraising and legal service.

About Indian Chamber of Commerce (ICC):

  • It is a premier body of business and industry in Eastern and North-Eastern India.
  • Its membership comprises several of largest corporate groups in the country, with business operations all over country and abroad.
  • It was established in 1925 by a group of pioneering industrialists led by Mr G D Birla.
  • It is the only National Chamber of Commerce operating from Kolkata. 
  • It is also the only chamber from India to win first prize in World Chambers Competition in Quebec, Canada.

Question:

Q. Which business and industrial body have signed a Memorandum of Understanding (MoU) with IIM Calcutta Innovation Park for energising the start-up ecosystem in East and Northeast India?
a. Indian Chamber of Commerce (ICC)
b. Indian Council of Commerce (ICC)
c. Indian Committee of Commerce (ICC)
d. Indian Cabinet of Commerce (ICC)
IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem Reviewed by Inderjeet Virdi on November 25, 2018 Rating: 5

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