Indian Institute of Technology, Madras has partnered with NativeLead Foundation to help promote startups from universities.
Story so far: NativeLead currently has six chapters in the state and three Native Connect Chapters. IIT-M’s Incubation Cell and the company will provide support like mentorship and market access.
- The startups will be from universities in non-metropolitan cities. They’ll provide training to strengthen their entrepreneurial ecosystems.
- The goal is to help these startups address local challenges and build solutions that have a wider impact.
Numbers: Through the partnership, the goal is to incubate 1,000 startups by 2030, in line with IIT-M Incubation Cell’s 10X initiative.