IIM Nagpur collaborates with Toronto Business Development Centre to facilitate growth of startup ecosyste,
IIM-Nagpur is one of the first IIMs in the country to sign an MoU with the TBDC. Metri detailed how Nagpur, one of the fastest-growing cities in India, is well-placed to become the hub for innovation and entrepreneurial growth.
The Indian Institute of Management (IIM) Nagpur Foundation for Entrepreneurship Development (InFED), the business incubator at the IIM Nagpur has signed a memorandum of understanding (MoU) with the Toronto Business Development Centre (TBDC). The collaboration was done during a virtual ceremony.
The MoU was signed by Neha Bahl, president and CEO, TBDC, and IIM-N director Bhimaraya Metri in presence of Adrian Lischer (marketing adviser, TBDC), chairperson, Centre for Entrepreneurship, (IIM-N), Vidhula Venugopal and InFED COO Dr. Shivaji S Dhawad.
Bahl introduced the Toronto Business Development Centre – the startup incubation initiative by the City of Toronto – which aims to facilitate the growth of the startup ecosystem in the Ontario region. She highlighted the Startup Visa Program, which enables entry into the North American environment to international entrepreneurs who wish to establish new, scalable businesses in Canada.
Bahl elaborated how the Ontario region, and Canada at large, provided plenty of room for innovation and scaling up to startups, and the collaboration with business incubators in India, such as InFED, would offer budding entrepreneurs a level-playing field at par with the US.
Metri applauded TBDC for its range of activities. He stated that InFED and TBDC, Canada, is a natural fit for furthering the goal of ‘Aatmanirbhar Bharat’, noting that startups are an important element for the growth of any economy.
IIM-Nagpur is one of the first IIMs in the country to sign an MoU with the TBDC. Metri detailed how Nagpur, one of the fastest-growing cities in India, is well-placed to become the hub for innovation and entrepreneurial growth.
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