- Innovation & Incubation
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Kanpur, 8 September, 2022: The Startup Incubation & Innovation Centre (SIIC), the technology business incubator at IIT Kanpur has been selected as the lead coordinator from India for the ‘ASEAN-India Startup Festival 2022’. The Festival is being organized in Indonesia from 27th Oct’22 to 30th Oct’22 to mark the 30th anniversary of the ASEAN - India Partnership. The event aims to celebrate and strengthen the cooperation and collaboration between the ASEAN - India Partnership in the area of Science and Technology. It is supported by the Department of Science & Technology (DST), Government of India.
As the lead coordinator from India, SIIC IIT Kanpur is inviting startups across India to be a part of this festival. A total of 30 Indian startups will be shortlisted to join the delegation to represent India at this forum.
Commenting on SIIC, IIT Kanpur serving as the coordinating body for the ASEAN India Startup Festival, Prof. Abhay Karandikar, Director, IIT Kanpur, said, “India is emerging as a global leader in the startup and innovation landscape. I’m proud that IIT Kanpur’s incubation ecosystem is able to share its learning of 2 decades, not only with new incubators from India but also from ASEAN nations. Strong cooperation in the field of science & technology among India and ASEAN nations is the need of the 21st century, and we are delighted that IIT Kanpur’s technology business incubator SIIC is given this responsibility of coordinating the ASEAN India Startup Festival. I’m sure the festival will open up multiple avenues for collaborative growth in research and innovation among the participating nations.”
The ASEAN-India Startup Festival is being organized in conjunction with the Indonesia Research and Innovation Expo (INA-RIE) by the National Research and Innovation Agency of Indonesia. It is supported by the ASEAN India S&T Development Fund (AISTDF) of the Department of Science & Technology, Government of India.
Prof. Ankush Sharma, Professor-in-charge, Innovation and Incubation, IIT Kanpur, expressed his delight on SIIC serving as the coordinating organization for the event. He said, “The startup ecosystem at IIT Kanpur has been in action for two decades. Serving as a coordinating organization for the ASEAN Startup Festival is an amazing opportunity for us and our incubated startups to establish international business and investor connections. I look forward to the event and the startups that will participate in the event from India.”
The ASEAN-India startup festival will offer Indian startups an opportunity to connect with businesses and investors from the international arena and further strengthen cross-border ties with the ASEAN countries. Startups will also get a chance to participate in the ‘Pitch Battle’ being organized at the event and win a cash prize of up to 7500 USD.
SIIC IIT Kanpur has started the application process for selecting a maximum of 30 Indian startups to be shortlisted for the delegation. The call for applications for startups is open till 12th September 2022. The startups will be shortlisted based on a 2-round evaluation process, and the final list shall be published on the program website.
About SIIC IIT Kanpur
Established in 2000, Start-up Incubation and Innovation Centre (SIIC), IIT Kanpur, is one of the oldest technology business incubators with many successes under its belt. In 2018, the leadership brought the incubator's operations under Foundation for Innovation & Research in Science & Technology (FIRST), a Section-8 company promoted by IIT Kanpur. The multifaceted, vibrant incubation ecosystem nurtured over two decades continues to fill all the gaps on the road to converting an idea into a business.