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Australia's Monash varsity, IIT Bombay ink MoU to boost innovation, entrepreneurship
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....ustralia's Monash varsity, IIT Bombay ink MoU to boost innovation, entrepreneurship<BR>PTI News<BR>Dated:- 22-8-2025<BR>PTI<BR>Mumbai, Aug 22 (PTI) Australia's Monash University has signed an agreement with a technology business incubator at the Indian Institute of Technology Bombay (IIT Bombay) to expand their collaboration to cover innovation and entrepreneurship, it was announced on Friday. Th....
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....e university's Memorandum of Understanding (MoU) with the Society for Innovation and Entrepreneurship (SINE) at IIT Bombay will focus on sectors like deep tech, clean energy, and advanced manufacturing. "We are a national leader in innovation, supporting more than 20 start-ups annually and raising over AUD 980 million in spinout capital over the past five years. This MoU will support commercialis....
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....ation and international market entry for ventures in key growth sectors, including deep tech, climate tech, health and medtech, clean energy, and advanced manufacturing," Monash Deputy Vice-Chancellor (International) Professor Craig Jeffrey said in a statement. Under the MoU, which will remain in effect for five years, there will be cooperation across a range of areas, including shared access to....
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.... infrastructure, joint events and programs, start-up mentoring, founder exchange, and collaboration with investors and policy leaders, said the statement. "By combining Monash's expertise in research commercialisation with IIT Bombay's engineering excellence, we are building a powerful platform for students, researchers, and start-ups to collaborate and take their ideas to global markets," Monash....
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.... Innovation Labs Director Professor Adrian Neild noted. The partnership will be delivered through Monash Innovation Labs, the university's dedicated platform for start-up, and it will scale up growth through access to research facilities, student talent, and academic excellence, according to the statement. "This collaboration will bring together important elements - entrepreneurial talent, intel....
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....lectual properties, infrastructure support, and programme capabilities - from India and Australia to drive innovation and deliver impact at global scale," IIT Bombay Director Professor Shireesh Kedare added. PTI SM RSY<BR> News - Press release - PIB....