With an aim at developing entrepreneurship in India, the 2019 edition of the India Innovation Growth Programme 2.0 (IIGP 2.0) was launched by Assam industries & commerce minister Chandra Mohan Patowary in Guwahati on Tuesday.
Established by the Department of Science and Technology, Government of India, Lockheed Martin Corporation & Tata Trusts, the India Innovation Growth Programme 2.0 was launched in 2017.
Aimed at accelerating indigenous innovations through incubation of affordable, accessible and acceptable solutions, the programme offers an opportunity for innovators across India to bring breakthrough ideas to market in areas such as technology, artificial intelligence, robotics, healthcare, water, energy, life sciences, civic issues, infrastructure, biotechnology, communications including automotive, enterprise and space technology, said a press communique.
The IIGP 2.0 is the only public-private partnership of its kind in India and spawns potential successes by training innovators in world-class strategies, promoting incubation and acceleration support, and assisting in business development.
Speaking on the occasion, Dr. Anita Gupta, adviser and associate programme head of Innovation, Entrepreneurship, Department Science & Technology, Government of India, said, “With the government’s commitment towards building a young start-up nation, India is rightly poised to drive the next entrepreneurship wave.
To ensure success, a conducive ecosystem is needed that not only nurtures creativity and innovation but also provides market opportunities to the new genre of entrepreneurs. India Innovation Growth Programme (IIGP) 2.0 with the support of Department of Science and Technology, Government of India , Lockheed Martin and Tata Trust is one of its kind collaborative initiative in the country that provides the much needed hand-holding, business development and funding support to budding start-ups.”
Phil Shaw, chief executive, Lockheed Martin India, added, “For over 12 years, Lockheed Martin has supported the drive for innovation in India, and celebrated the courage of those who pursue calculated risks and turn ideas into action. We are delighted to see the IIGP continue to grow and empower communities across India.”
Manoj Kumar, head, Entrepreneurship and Innovations, Tata Trusts, added, “At Tata Trusts, we believe that science and technology innovations have the potential to solve some of the most complex social, economic and environmental problems and benefit the undeserved communities.”