IICB, NRDC sign MoU to promote entrepreneurship

To promote incubation centres, start-ups and entrepreneurship, the Indian Institute of Chemical Biology (IICB) and National Research Development Corporation (NRDC), both arms of the DSIR, have signed an MoU to facilitate industry-institute partnership.
IICB is a laboratory of Council of Scientific and Industrial Research (CSIR) which does research on diseases and biological problems plaguing the world. It is a part of the Department of Scientific and Industrial Research (DSIR) while the NRDC is a PSU under it.
The MoU was signed on February 8 in the presence of Harsh Vardhan, Union Minister for Science and Technology.
H Purushottam, Chairman and Managing Director of NRDC said the partnership between the two will help in contributing to the 'Start-up India' and 'Make in India' initiatives by promoting entrepreneurship, incubation centers, intellectual property rights and technology-transfer. NRDC has rich experience in these areas over the past six decades, he said.

The PSU has executed about 5,000 technology licence agreements with the industry until now.