The US-India Business Council #USIBC on Friday announced to partner the International Centre for Entrepreneurship and Technology #iCreate, an entrepreneur incubation centre in Ahmedabad.
The USIBC will support the iCreate's work in areas such as sharing of mentorship programme, research and startup collaboration, establishing centres of excellence and innovation, labs for pilot programmes and exploring funding opportunities for entrepreneurs and other allied activities, the council said in a statement.
"Following Cisco's partnership with iCreate, I am pleased to be part of the innovation and entrepreneurship dialogue between USIBC and iCreate. An institution like iCreate taps in to the entrepreneurial spirit of Gujarat, providing the younger generation with opportunities for employment and financial prosperity," said John Chambers,USIBC Chairman and Cisco Executive Chairman.
iCreate provides the complete ecosystem for innovation-based start-ups.
From seed capital and formal mentorship to working space, hostel facilities and labs, the initiative covers the complete life cycle of start-ups.
"The partnership with iCreate is a necessary and timely enterprise. The Council is well positioned to provide greater levels of support to start-ups and entrepreneurship with its membership base of 400 companies from diverse business areas," added Dr Mukesh Aghi, USIBC President.
"This partnership brings together best of both the worlds. USIBC members offer access to cutting-edge technology along with capital and iCreate brings the entrepreneurial spirit of Gujarat," noted Parag Amin, iCreate's Chief Mentor.