CSIR-IIIM-Technology Business Incubator Jammu honored with J&K SEED Startup Enabler Award

STATE TIMES NEWS

JAMMU: Council of Scientific & Industrial Research-Indian Institute of Integrative Medicine (CSIR-IIIM) -Technology Business Incubator, Jammu is honored with “J&K SEED Startup Enabler Award” for supporting the startup ecosystem in Jammu & Kashmir.
The first J&K Start-up Event for Entrepreneurial Development (SEED-1) was organized by MIET in collaboration with FICCI FLO JK&L to celebrate the spirit of entrepreneurship & startup culture in the UT of Jammu & Kashmir. Dr. Saurabh Saran, Principal Scientist CSIR-IIIM, Jammu & Principal Investigator, IIIM- Technology Business Incubator and Er. Ankush Varma, Coordinator, IIIM-Technology Business Incubator were felicitated with the award by Ajaz Ahmad Bhat, Director JKEDI, Ritu Singh, Founding Chairperson FICCI FLO JK&L & Prof Ankur Gupta, Director, MIET during the ceremony held at MIET College, Jammu.
While presenting the award lecture, Dr. Saran, Principal Scientist, CSIR-IIIM, Jammu informed the gathering about the work taken by the incubator in promoting startup ecosystem in the UT of Jammu & Kashmir.
He informed that 82 startup companies have registered with the IIIM-TBI since 2018 as inhouse, virtual and outside incubates whereas 15 inhouse incubates of IIIM-TBI have reached to the product development stage and out of which 5 startup companies have successfully completed the product development cycle and launched their products in the market.
Er. Ankush Varma, Coordinator, IIIM-TBI emphasized that IIIM Incubator is committed to creating awareness among the local population of Jammu & Kashmir by promoting a biotech based startup ecosystem.
CSIR-IIIM under the leadership of Director, IIIM is continuously conducting various road shows, awareness programs, city camps, hackathons in the region.
The specialized incubator is also organizing startup expos from time & again to outreach local people including youth, farmers, women, budding entrepreneurs and help them to meet their dreams by launching their products in the market. The overall purpose of IIIM-TBI is to generate jobs & create wealth in the Jammu & Kashmir region.
Earlier, Prof Ankur Gupta, Director, MIET, welcomed the dignitaries, startups, entrepreneurs & students for participating in the event.