City
Epaper

IIT-K and BFI forge partnership to accelerate healthcare innovation in India

By IANS | Updated: April 17, 2024 12:10 IST

Kanpur, April 17 The Indian Institute of Technology Kanpur (IIT-K) and Blockchain For Impact (BFI) have announced a ...

Open in App

Kanpur, April 17 The Indian Institute of Technology Kanpur (IIT-K) and Blockchain For Impact (BFI) have announced a strategic partnership, under the BFI-Biome Virtual Network Programme to nurture innovations and driving advancements in healthcare in India.

As part of this collaboration, BFI will support IIT Kanpur in promoting entrepreneurial initiatives through the Startup Incubation & Innovation Centre (SIIC), IIT Kanpur.

According to an official release, a Memorandum of Understanding (MoU) was signed at IIT Kanpur by Prof. Kantesh Balani, Dean of Resources and Alumni (DoRA), IIT Kanpur; and Dr. Gaurav Singh, CEO BFI.

As part of this programme, BFI has pledged to allocate over $150,000 across three years to develop programmes specifically tailored to healthcare-focused startups at IIT Kanpur's Startup Incubation and Innovation Centre (SIIC).

This collaboration leverages IIT Kanpur's established leadership in fostering entrepreneurship and BFI's commitment to advancing biomedical research.

Prof. Kantesh Balani, DoRA, IIT Kanpur, said, "I am very optimistic about the partnership between IIT Kanpur and BFI. This MoU will help us share knowledge, support startups effectively, and improve our capacity-building efforts."

Dr. Gaurav Singh, CEO of BFI, stated, “Meeting the IIT Kanpur incubatees was incredibly inspiring. Their boundless energy and unwavering dedication to healthcare innovation are truly awe-inspiring. IIT Kanpur's exceptional support for these entrepreneurs aligns perfectly with our shared mission of accelerating impactful solutions in biomedical research. Through diverse initiatives in biomedical research and innovation, district full-stack partnerships, and process-driven funding programmes, we are actively addressing critical gaps in India's healthcare landscape.”

This partnership between IITK and BFI signifies a significant step forward in advancing healthcare innovation in India. By bringing together diverse expertise and resources, this collaboration holds immense promise for improving public health and ensuring equitable and accessible healthcare for all.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyElectronic Arts Layoffs: American Video Game Company Sack Over 300 Employees, Cancels 'Titanfall' Release

NationalUnacceptable at all: BJP fumes at SP’s poster of Akhilesh ‘overlapping’ Babasaheb

InternationalBalochistan Court adjourns hearing on plea filed against detention of Baloch activists

NationalDeven Bharti appointed Mumbai police chief

BusinessIWARE Supplychain Services Limited IPO Closes Today

Technology Realted Stories

TechnologyPSA Prof Ajay K Sood elected to American Academy of Arts & Sciences

TechnologySEBI warns investors against ‘opinion trading platforms’, cites no legal protection

TechnologyHPPL Foundation accused of misappropriating govt funds meant for startups, FIR registered

TechnologyAyushman Bharat foundation for healthy and fit India: Ministers

TechnologyMumbai property market registers best April in 13 years with over 12,000 deals