Indian Institute of Technology Madras and Confederation of Indian Industry (CII) are going to collaborate to nurture and promote innovative green start-ups across the country. This initiative will facilitate both the parties to conduct brainstorming sessions between academia and industry to create deep-tech and disruptive research ideas and help start-ups gain industry access for pilot demonstrations of their cleantech ideas. A Memorandum of Understanding has already been signed between Gopalakrishnan-Deshpande Centre (GDC) for Innovation and Entrepreneurship (GDC), IIT Madras and CII- Sohrabji Green Business Centre (CII-Godrej GBC) to nurture and promote innovative Green Startups.
GDC is an alumni-funded centre for innovation and entrepreneurship at IIT Madras, providing the necessary thought leadership and networking impetus to help in building the systems and processes that enable innovative and entrepreneurial thinking in STEM universities across India. Its mandate is to work with STEM colleges across India to implement a ‘Lab to Market’ mission by helping faculty, researchers, students and entrepreneurs commercialise their research ideas by helping them develop robust start-ups that positively impact India. In order to curate research ideas into sustainable business ventures that impact society at scale, GDC works with stakeholders from academia, industry, finance, and government.
The Confederation of Indian Industry (CII) is a leading non-government, not-for-profit, industry/ led and industry managed organization, playing a proactive role in India’s development process. The organization works to create and sustain an environment conducive to the growth of industry in India, partnering industry and government alike through advisory and consultative processes.
CII-Sohrabji Godrej Green Business Centre was established in the year 2004 as CII’s Developmental Institute on Green Practices and Businesses, aimed at offering world class advisory services on conservation of natural resources. The Services of CII-Godrej GBC include- green buildings, green companies, energy management, green products, and renewable energy. CII-Godrej GBC works closely with the stakeholders in facilitating India emerge as one of the global leaders in Green Business by the year 2022.