IIT Bombay’s Entrepreneurship Society and Global Venture Alliance, Moscow tie-up to run Entrepreneur Exchange Programme

NEW DELHI: IIT Bombay’s Society for Innovation and Entrepreneurship (SINE) in Mumbai and Global Venture Alliance (GVA) in Moscow are partnering to run a bilateral Entrepreneur Exchange Programme- “India Russia Bridge for Innovations (IRBI)”.

In the second half of September this year, a cohort of ten innovative startups from across India will participate in a 2-week accelerator program in Moscow that will include educational, practical, networking and cultural components aiming to facilitate a structured introduction into the Russian market.

The programme is the first initiative between India and Russia with a focus on science and technology-based entrepreneurship, according to a release issued by IIT Bombay. The entire programme is fully sponsored and supported by the Department of Science and Technology (DST) and the GVA. The programme will also further goals of key national initiatives like Start-Up India, Make-in- India and Digital India.

The selected startups are in areas of medical devices and applications, energy, Internet of Things, Edtech and Retail Technology.