IIT Kanpur holds design awareness program to promote technology prototypes
The 10-day program attracted participants from over 250 MSMEs, including budding innovators, early-stage MSMEs, and established enterprises from various industrial hubs and MSME clusters.
Startup Incubation and Innovation Centre (SIIC), the technology business incubator of IIT Kanpur, organised a 10-day awareness program aimed at promoting technology prototypes in and around Kanpur and the National Capital Region.
The Ministry of Micro, Small, and Medium Enterprises (MSME) has acknowledged SIIC, IIT Kanpur, as the implementing agency for the design sub-component of the MSME Innovative Scheme. The awareness program aims to promote technology interventions among aspiring MSMEs, innovators, budding entrepreneurs, and young minds looking to start their businesses.
The program attracted participants from over 250 MSMEs, including budding innovators, early-stage MSMEs, and established enterprises from various industrial hubs and MSME clusters. The government is making various efforts to bolster the MSME sector by establishing institutions and developing a roadmap to overcome hurdles and drive growth. Through various programs, SIIC IIT Kanpur is striving to bridge the gap and facilitate the growth of the MSME ecosystem.
Under the scheme in 2020 -2022 FY, the Ministry of MSME has identified and recognised five enterprises, namely
- Kanpur Flowercycling Pvt. Ltd. (KFPL) (Phool. Co)
- Jalconserve Technologies Pvt. Ltd.
- Primary Healthtech Pvt. Ltd.
- Cultech Wave Pvt. Ltd.
- Biocraft Innovation Pvt. Ltd.
The shortlisted enterprises have been involved in developing sustainable prototypes that aim to foster the establishment of both toy and non-toy clusters featuring innovative designs. Moreover, in the current fiscal year (2022-23), the Ministry of MSME and IIT Kanpur have extended support to nine micro-enterprises to execute pioneering design projects. These enterprises have been selected under the design component of the MSME Innovation Scheme, thereby reflecting the government's commitment to promoting innovation and growth in the MSME sector.
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