India Aspires For Greater Startup Ecosystem

social CANDY-India-startupIndian entrepreneurialism is due to get a major boost thanks to the new state-backed India Aspiration Fund (IAF) designed to stimulate the country’s startup economy.

Launching at Rs 20bn ($300m), IAF is the delivery of a pledge made by India’s Prime Minister Narendra Modi made on the country’s Independence Day to support Indian entrepreneurship.

IAF will act as a fund of funds to support India’s venture capital scene, and provide advice to VCs on how to get the best out of their investments.

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U-M to lead statewide Tech Transfer Talent Network to bring more inventions to market

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To turn an invention into a marketable product that can benefit society, you need, above all else, the right people involved. That’s the premise behind a new $2.4 million statewide program called the Tech Transfer Talent Network. It is led by the University of Michigan and funded through a grant from the Michigan Economic Development Corporation.

The network includes seven universities and regions with strong research-based technology opportunities or clusters of talent, and in some cases, both.

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