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Have Acche din for start ups already begun? Modi’s recent visits to Silicon Valley suggests so

Sep 28, 2015, 18:15 IST

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No matter what the opposition has to say about Modi’s Silicon Valley visit, but it sure has brought in more cheers for Indian start-ups it seems. As Prime Minister Narendra Modi, who went to the Silicon valley to attend the India-US Start-up Konnect 2015, as many as seven MoUs have been signed between various organisations of India and the US .

The first MoU has been signed between Centre for Cellular and Molecular Platforms and the California Institute for Quantitative Biosciences. Together, they will develop Indo-US Life Science Sister Innovation Hub so as to enhance science-based entrepreneurship, research, academia and businesses by leveraging each other's ecosystems.

Department of Biotechnology and Prakash Lab, Stanford University signed another MoU on Foldscope -- a frugal science innovation that has emerged from a lab of an Indian with majority of Indians working in this laboratory.This lab will work with DBT to further develop and deploy the products from this lab.

National Association of Software and Service Companies (NASSCOM) and the Indus Entrepreneurs signed a MoU to collaborate in a mutually satisfactory form and manner in order to support the creation of a vibrant ecosystem to foster technology entrepreneurship in India and Silicon Valley.

IIM Ahmedabad's Centre for Innovation and Entrepreneurship (CIIE) and Lester Centre for Entrepreneurship of the Haas Business School of the University of California, signed a MoU to collaborate on mutual incubation, and support each other's activities of mutual interest.
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CIIE also signed a MoU with Los Angeles Cleantech Incubator to extend NGIN Membership benefits to CIIE.

The CIIE /LACI NGIN Landing Pad Programme is a reciprocal initiative that enables entrepreneurs and innovators in the cleantech space to gain access to the California and Indian markets.

The programme will assist early and growth stage cleantech companies with markexpansion through partnerships and funding opportunities in California and India.

IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.

CIIE also signed a MoU with Google to support technology and impact entrepreneurs through strategic support.
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Also Read: Modi breaks down as Zuckerberg asks about his mother
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