SIIC, IIT Kanpur Partners with Canara Bank to Boost Innovation and Accelerate Startups

SIIC, IIT Kanpur Partners with Canara Bank to Boost Innovation and Accelerate Startups

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Sanjana Surbhi
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New Delhi, Updated on Aug 9, 2024 18:09 IST

SIIC, IIT Kanpur partners with Canara Bank to offer entrepreneurs co-incubation, mentorship, tech support, and funding. Know details here

SIIC, IIT Kanpur Partners with Canara Bank to Boost Innovation and Accelerate Startups

SIIC, IIT Kanpur Partners with Canara Bank to Boost Innovation and Accelerate Startups

The Startup Incubation and Innovation Centre (SIIC) at the Indian Institute of Technology (IIT) Kanpur has entered into a Memorandum of Understanding (MoU) with Canara Bank. This partnership is set to offer entrepreneurs a wide range of support, including co-incubation spaces, mentorship, technological guidance, and funding opportunities.

Through this collaboration, IIT Kanpur and Canara Bank will co-host a series of seminars, conferences, and workshops, offering startups valuable industry insights and essential networking opportunities with key stakeholders. This partnership will also promote the exchange of knowledge and best practices, providing startups with mentorship from seasoned industry professionals.

Additionally, startups will gain access to Canara Bank's extensive network of contacts and resources, ensuring they are equipped with the necessary tools and support to navigate challenges and achieve long-term success. The MoU marks a significant milestone in the shared commitment of both institutions to nurturing the entrepreneurial ecosystem.

The MoU was signed by Prof. Ankush Sharma, Professor-in-charge of SIIC, IIT Kanpur; and Sanjay Kumar, Deputy General Manager, Canara Bank in the presence of Piyush Mishra, Chief Operating Officer at SIIC, IIT Kanpur; Achala Saxena, Manager at SIIC, IIT Kanpur; Amogh Tiwari, Assistant Manager at SIIC, IIT Kanpur; Prabhat Rajvanshi, Regional Head at Canara Bank, Regional Office, Pune; Ajit Jha, Chief Manager at Canara Bank, Mid Corporate Branch, Kanpur; and Rajnish K Gupta, Divisional Manager at Canara Bank, Regional Office, Kanpur.

Prof. Ankush Sharma, Professor-in-Charge, SIIC, IIT Kanpur, said, “This partnership brings together the strengths of academia and industry, creating a powerful synergy to support startups. We are excited to collaborate with Canara Bank to provide a robust platform for innovation and entrepreneurship.”  

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Q:   Is IIT Kanpur good for MBA?

A:

IIT Kanpur offers MBA via Department of Management Sciences (DoMS). The MBA course of the institute has been ranked by various agencies. Under the 'Management Category', NIRF ranked IIT Kanpur at 23rd position in 2023 rankings. Business Today also ranked IIT Kanpur at 32 position. Talking about placements, IIT Kanpur highest package recorded for MBA was INR 24 LPA. The median CTC was INR 17.25 LPA.

In Summer Placement (2022-24), the highest stipend offered to students was INR 17.01 lakh whereas, median stipend was INR 1 lakh.

Q:   What is IIT Kanpur famous for?

A:

The Indian Institute of Technology, Kanpur is one of the renowned institutes established by the Indian government. Established in 1959, IIT Kanpur offers various courses across five different fields at the undergraduate, postgraduate and doctoral levels. As per the NIRF Ranking 2024, IIT Kanpur has been ranked 4 in 'Engineering' and 5 in 'Overall' categories, respectively.

Q:   Is the BSc degree from IIT Kanpur worth it?

A:

The best way to understand whether a college is worth picking for any course is by taking the reviews of the college and course from current or past students. The below list highlights the review of BSc course offered by IIT Kanpur. These reviews are fetched from multiple verified students' reviews available on Shiksha for BSc at IIT Kanpur. Check what students have to say in the below pointers:

  • Almost 95% of students get placed every year in our college. Students get placed with the average salary package of 20 LPA.
  • IIT Kanpur is a very good college for research
  • Companies such as Intel, American Express, Jio, Qualcomm and JP Morgan visit the college for placements
  • Top roles offered here include Software Developer, Business Analyst, Management Consultant, etc.
  • There is unlimited Wi-Fi availability with a speed of around 100 Mbps. The classrooms are excellent. They can accommodate 50 to 600 students. 
  • It has the best teachers in our country. They are highly qualified
  • The professors are highly qualified and supportive. They are always ready to help you in academics.

To read more BSc reviews for IIT Kanpur,  check out this link.

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Sanjana Surbhi
Assistant Manager

Sanjana Surbhi has over five years of experience in the online education sector. Drawing from her tenure with ed-tech companies, she infuses her work with a wealth of knowledge from the education realm, lending an i... Read Full Bio

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