The Indian Institute of Management (IIM) Lucknow's Enterprise Incubation Centre has launched a Centre of Excellence in Blockchain Technology (CoE-BT), backed by the Government of Uttar Pradesh under the StartInUP Policy. This initiative aims to support and develop 100 blockchain startups over the next five years, promoting innovation and entrepreneurship across Uttar Pradesh.
The initiative aligns with the state government's goal to strengthen e-governance by promoting trust, transparency, and reliability across various sectors, according to a press release from IIM Lucknow. As part of the CoE-BT initiative, the Enterprise Incubation Centre will collaborate with Microsoft India to establish three outreach centers in Uttar Pradesh to foster blockchain-based innovation. These centers are planned to be located in Gorakhpur, Lucknow, and Greater Noida/Meerut.
Notably, the IIML EIC will lead the training and onboarding of startups, and provide full support that includes mentorship from over 50 industry and academic experts, industry connections, VC funding, and specialized training programs for students and aspiring entrepreneurs across various sectors with Blockchain-based applications. Prof Ashish Dubey, Faculty-in-charge of IIML-EIC said that the collaboration with Microsoft under CoE BT helps in identifying new opportunities for innovations and support new technologies to stay ahead of the curve in the rapidly evolving field of blockchain.
The Enterprise Incubation Centre at the Indian Institute of Management (IIM) Lucknow has launched a Centre of Excellence in Blockchain Technology (CoE-BT), supported by the Government of Uttar Pradesh under its StartInUP Policy. This new facility is dedicated to developing and supporting 100 blockchain startups over the next five years, with the goal of driving innovation and entrepreneurship across Uttar Pradesh.
The initiative comes in line with the state government's objective to enhance e-governance by ensuring trust, transparency, and reliability across various sectors as use cases, informed a press release issued by IIM Lucknow. As part of the CoE-BT initiative, the Enterprise Incubation Centre will partner with Microsoft India to establish three outreach centers across Uttar Pradesh to promote and nurture blockchain-based innovation, the release informed.
The proposed centers will be established in Gorakhpur, Lucknow, and Greater Noida/Meerut. The IIML EIC will take the lead in training and onboarding startups, offering comprehensive support that includes mentorship from over 50 industry and academic experts, industry connections, venture capital funding, and specialized training programs for students and aspiring entrepreneurs focused on blockchain-based applications across various sectors. Prof. Ashish Dubey, Faculty-in-charge of IIML-EIC, stated that the collaboration with Microsoft under the CoE-BT will help identify new innovation opportunities and support emerging technologies, ensuring they remain at the forefront in the rapidly evolving blockchain field.
