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IICB, NRDC sign MoU to promote entrepreneurship

Press Trust of India  |  New Delhi 

To promote incubation centres, start-ups and entrepreneurship, the Indian Institute of Chemical Biology (IICB) and National Research Development Corporation (NRDC), both arms of the DSIR, have signed an MoU to facilitate industry-institute partnership.

IICB is a laboratory of Council of Scientific and Industrial Research (CSIR) which does research on diseases and biological problems plaguing the world. It is a part of the Department of Scientific and Industrial Research (DSIR) while the NRDC is a PSU under it.

The MoU was signed on February 8 in the presence of Harsh Vardhan, Union Minister for Science and Technology.

H Purushottam, Chairman and Managing Director of NRDC said the partnership between the two will help in contributing to the 'Start-up India' and 'Make in India' initiatives by promoting entrepreneurship, incubation centers, intellectual property rights and technology-transfer. NRDC has rich experience in these areas over the past six decades, he said.

The PSU has executed about 5,000 technology licence agreements with the industry until now.

First Published: Wed, February 10 2016. 19:43 IST