- The MoU signed between T-Hub and CIMP BIIF is a remarkable one for the state of Bihar, and it further strengthens its fast-growing startup ecosystem.
- The partnership aims to bring together the expertise and knowledge of two leading innovation ecosystems in India and create opportunities for the youth of the state.
PATNA (India CSR): T-Hub, India’s leading innovation ecosystem, recently signed an MoU with the CIMP Business Incubation and Innovation Foundation (CIMP-BIIF) to collaborate and synergize efforts to boost the entrepreneurial ecosystem in Bihar. The MoU signing took place during a two-day visit by the T-Hub team to attend a business conclave hosted by the Chandragupt Institute of Management Patna (CIMP).
T-Hub team members Wg Cdr Anish Anthony and Saurabh Nitnaware were present during the signing ceremony, along with other dignitaries from CIMP and CIMP-BIIF. In his speech, Wg Cdr Anish Anthony expressed his excitement at the partnership and the opportunity to share T-Hub’s expertise and knowledge in building a vibrant startup ecosystem in Bihar.
MoU to Boost Bihar’s Entrepreneurial Ecosystem
The MoU signing between T-Hub and CIMP-BIIF is a significant development for Bihar’s startup ecosystem. The state’s Industry Minister, Shri Samir Kumar Mahaseth, lauded the partnership, saying it would help scale up the fast-growing startup ecosystem in the state. The state government is committed to supporting the all-round development of startups and providing facilities and assistance.
T-Hub’s Role as an Incubator
During the T-Hub team’s visit, Wg Cdr Anish Anthony emphasized T-Hub’s role as an incubator, highlighting its 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework. He also emphasized the importance of innovation and sustainable entrepreneurship in driving growth in the fast-changing digital landscape of India.
The Signing Ceremony and Address by Wg Cdr Anish Anthony and Prof. (Dr) Rana Singh
During the MoU signing ceremony, Wg Cdr Anish Anthony, Chief Delivery Officer, T-hub, and Saurabh Nitnaware, Manager, Govt. Innovation programs, T-hub, were present alongside Prof. (Dr) Rana Singh, Director CIMP, Kumod Kumar, Chief Administrative Officer, CIMP, Prof. (Dr) Rajeev Verma, and other faculty members and staffs of CIMP BIIF. Wg Cdr Anish Anthony expressed excitement about partnering with CIMP BIIF in Bihar and shared T-Hub’s journey towards becoming the world’s largest and India’s best innovation and incubation ecosystem.
Prof. (Dr) Rana Singh expressed his gratitude towards the T-Hub team for extending immense support and collaboration. He said that this MoU is a remarkable one for the state of Bihar as it would be a great opportunity for CIMP BIIF to learn from the masters of this field, i.e., T-Hub. He added that they would try their best to replicate the T-Hub model of incubation in Bihar.
Bihar State Industry Minister Samir Kumar Mahaseth, Congratulates Both Parties
The Bihar state industry Minister, Samir Kumar Mahaseth, congratulated both the parties for signing the MoU. He said that the fast-growing startup ecosystem in the state would be further scaled up through this tie-up between T-Hub and CIMP BIIF. He also reiterated the state government’s commitment to the all-round development of startups and for developing all kinds of facilities and assistance.
Student Face-to-Face Interaction Session, Entrepreneur Session, and Management Session
Apart from the MoU signing ceremony, the visit culminated in a series of events, including a student face-to-face interaction session, an entrepreneur session with incubated startups at B-hub, and a management session with faculty and staff members at CIMP and CIMP BIIF.
During the Face2Face interactive session organized for the students, Wg Cdr. Anish Anthony talked about the role of T-hub as an incubator and emphasized its 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework. He also highlighted the importance of the fast-changing digital landscape in India and the upcoming wave of growth that will ride on innovation and sustainable entrepreneurship.
During the Entrepreneurial Session at B-Hub, the T-Hub team interacted with the incubatee startups who displayed their products and services. The startups sought suggestions and solutions from the highly experienced T-Hub members.
About CIMP Business Incubation and Innovation Foundation (CIMP-BIIF)
CIMP Business Incubation and Innovation Foundation (CIMP-BIIF) is a non-profit organization that manages B-hub in collaboration with the Department of Industries in Bihar. B-hub is an incubation centre in Bihar that aims to foster entrepreneurship and innovation among the youth of the state. The incubation centre provides infrastructure, resources, and mentoring to startups and entrepreneurs in the state.
CIMP-BIIF has been actively working towards creating a vibrant startup ecosystem in Bihar by providing various programs and initiatives that support and encourage entrepreneurship. The organization has also been collaborating with various national and international institutions to bring expertise and knowledge to the state’s startup ecosystem.
The Significance of the MOU
The MoU signed between T-Hub and CIMP BIIF is significant as it brings together two leading innovation ecosystems in India. The collaboration aims to boost the entrepreneurial ecosystem in the state of Bihar by sharing knowledge, expertise, and resources.
Through this partnership, T-Hub aims to replicate its successful model of incubation in Bihar, creating opportunities for the youth and fostering innovation and growth. The collaboration also provides CIMP BIIF with the opportunity to learn from the masters of this field and bring new ideas and innovations to the state’s startup ecosystem.
The tie-up between T-Hub and CIMP BIIF is also significant for the state of Bihar as it further strengthens its fast-growing startup ecosystem. The state government has been committed to the all-round development of startups and providing them with the necessary facilities and assistance. The collaboration between T-Hub and CIMP BIIF will further scale up the startup ecosystem in the state, creating more opportunities for entrepreneurs and startups.
Valedictory Session
The visit ended with a valedictory session where Kumod Kumar, CEO of CIMP-BIIF, also CAO of CIMP, delivered the vote of thanks and expressed his gratitude towards the T-Hub team for being MoU partners and now looking forward to joint endeavors in the near future.
(India CSR)
