STMicroelectronics partners National Innovation Foundation

Semi-conductor company STMicroelectronics today said it has partnered National Innovation Foundation (NIF) to support technological innovation in remote areas of the country.
The partnership will help NIF and other network members convert technological inventions conceived within the 'Honey Bee' network of like-minded individuals, innovators, farmers, scholars, academicians, policy makers, entrepreneurs, and NGOs into the mainstream business, it said in a statement.
NIF will emphasise complete product development, while STMicroelectronics will validate and develop electronic solutions for some of the innovative ideas and convert them into value-added technologies/products, it added.
"One of the challenges ahead of us is to democratise design thinking and innovation to generate interesting electronics applications from the grassroots levels and make them marketable," NIF founder and Executive Vice Chairperson Anil Gupta said.

The partnership will aim to move backyard inventions beyond the crude prototype stage and to further enhance innovations across the country by creating networks of electronic excellence, he added.