ENA Sectors 2023-05-23 13:43:46 <p><span style="font-size:14px"><strong>Kanpur, May 23 (KNN)</strong> The Startup Incubation and Innovation Centre (SIIC) of the Indian Institute of Technology, Kanpur (IIT-K) and YES Bank will work together to identify innovative startups and extend them the required financial support.</span></p> <p><span style="font-size:14px">On Monday, they signed a Memorandum of Understanding (MoU) to enhance the startup ecosystem.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The pact aims at enhancing the startup ecosystem in India by granting them access to a diverse range of resources through YES Banks curated startup-focused program YES Head-Startup, a full-service banking proposition for tech or tech-enabled startups, complemented by a first-of-its-kind privilege program.</span></p> <p><span style="font-size:14px">Prof Abhay Karandikar, Director, IIT-Kanpur, said that this program intends to facilitate the rapid growth of the startups, by empowering them with significant financial and infrastructural assistance.</span></p> <p><span style="font-size:14px">This is part of the many initiatives by IIT Kanpur to ensure the professional success of our students and to assist in the nation-building process, he added.</span></p> <p><span style="font-size:14px">Prof. Ankush Sharma, In-charge, SIIC, IIT, Kanpur, said, By providing the necessary resources and support to the startups, we hope to create an environment that encourages entrepreneurship and innovation, helping to pave the way for a brighter future for the Indian startup community.</span></p> <p><span style="font-size:14px">Dr Nikhil Agarwal, CEO AIIDE-CoE, said, This engagement can be a significant leap towards empowering startups by providing them with valuable opportunities for venture investment partnerships.</span></p> <p><span style="font-size:14px">Dheeraj Sanghi, Country Head Branch Banking and Affluent Banking, YES Bank, said, Through YES HeadStartup, we at YES BANK aim to create value for the Indian Startups through our curated banking products and solutions, provide them access to our digital infrastructure fueling innovation and partner in their growth. <em><strong>(KNN Bureau)</strong></em></span></p> 33437 https://knnindia.co.in/news/newsdetails/sectors/iit-kanpurs-siic-and-yes-bank-to-offer-financial-support-to-innovative-startups 2023-05-23 13:43:46 knnindia.co.in