The MoU was exchanged between Arvind Kumar, Director Normal, STPI, and Gyaneshwar Kumar Singh, Director Normal & CEO, IICA, within the presence o Union Minister for Finance & Company Affairs Nirmala Sitharaman through the IICA Northeast Conclave 2025 held at IIM Shillong, Meghalaya.
This strategic partnership aligns with STPI's ongoing efforts to advertise research-driven progress and a knowledge-based innovation ecosystem in India. The MoU focuses on fostering interdisciplinary studying and thought management throughout numerous domains, together with company governance, startup funding, legislation, economics, finance and administration.
Arvind Kumar, Director Normal, STPI, stated, “By combining STPI's deep trade join and startup ecosystem with IICA's experience in company governance and coverage analysis, we're poised to drive impactful capability constructing and thought management. Collectively, we intention to foster a future-ready ecosystem that not solely fuels innovation but additionally builds an knowledgeable, expert and globally aggressive tech workforce.”
Below the settlement, STPI and IICA will collectively conduct structured coaching applications, workshops and seminars aimed toward enhancing capability throughout stakeholders within the tech and company ecosystem. The collaboration may even facilitate nationwide and worldwide advocacy initiatives by way of seminars, conferences, and roadshows, partaking policymakers, academia, corporates, sociologists, and monetary establishments. Moreover, each establishments will collaborate on analysis and publication initiatives, together with coverage papers, analysis research, and sectoral analyses, to tell and information India's digital and entrepreneurial trajectory.
Over the previous three many years, STPI has performed a pivotal position in reworking India's IT panorama, with STPI-registered items attaining IT exports of over Rs 10 lakh crore in FY 2024–25. By way of its 24 Centres of Entrepreneurship (CoEs) and the Subsequent Era Incubation Scheme (NGIS), STPI has nurtured over 1,400 startups, collectively elevating roughly Rs 600 crore in funding from buyers.
As India strikes in the direction of turning into a worldwide chief in innovation, STPI stays dedicated to harnessing the potential of rising applied sciences, akin to Synthetic Intelligence, the Web of Issues, Blockchain, and Quantum Computing, to drive the subsequent wave of digital transformation.
