SPMVV signs MoU with Singapore firm to foster innovation

Society for Innovation Incubation and Entrepreneurship, the Technology Business Incubator (SSIIE-TBI) of Sri Padmavati Mahila Viswa Vidyalayam (SPMVV), has entered into a memorandum of understanding (MoU) with Govin Holdings of Singapore to foster global innovation and entrepreneurship.

This MoU was a strategic follow-up to the visit of founder and Group CEO of the Singapore-based firm Anand Govindaluri to the campus during the inauguration of NIDHI-PRAYAS SHALA held on June 21 this year, where he had participated in a session as a resource person on ‘Legal and Financial Architecture for Startup Growth’.

This MoU sets the ball rolling on the SSIIE’s endeavour to take incubation to a higher level and make a foray into the international market, with the active support of Govin Holdings.

The tie-up also ensures establishing of a startup accelerator, launch of a skilling academy in startup entrepreneurship, constitution of Govin Entrepreneurship Merit (GEM) and SMILE Awards to recognise best women innovators at the PhD/post-doc level.

“This is a milestone in our collective journey to build a vibrant and inclusive global innovation ecosystem,” Mr. Govindaluri said.

SPMVV Vice-Chancellor V. Uma called it a major step in empowering women scientists and entrepreneurs, thus expanding the global footprint of startups incubated at SSIIE on their campus. Registrar N. Rajani congratulated the TBI’s CEO J. Surya Kumar and his team for signing the pact towards an impactful global partnership.