The Wadhwani Foundation and the Gates Foundation have announced a significant partnership to promote research-based innovation in India. A memorandum of understanding (MoU) has recently been signed between the two institutions, and the aim behind this collaboration is to give a new impetus to research, innovation and entrepreneurship in the country through the National Innovation Network (NIN). NIN is considered to be a national scale-up of the Wadhwani Innovation Network.
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Under this initiative, special emphasis will be placed on health, nutrition, biotechnology, genomics, medtech and emerging technology sectors. The collaboration will work to transform ideas developed in research institutions into practical social solutions. It will provide facilities like proof-of-concept development, prototyping, pilot deployment, IP support, commercialization and startup formation to researchers.
Under this partnership, Gates Foundation will support five Centers of Excellence under NIN over the next five years. Two of these centers will be started this year itself. These centers will help to put the research going on in the laboratories into practical use. Centers of Excellence have already been established in major institutes like IIT Bombay, IIT Madras, IIT Delhi, IIT Kanpur, IIT Hyderabad, IISc and C-CAMP.
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Wadhwani Foundation CEO Dr. Ajay Kela said that this collaboration will develop India’s innovation capacity at a faster pace and provide greater opportunities for researchers to transform their ideas into startups and social impact. Archana Vyas, Director of Gates Foundation’s India Country Office, expressed confidence that important health and nutrition innovations in the next decade will emerge from research institutions in India. NIN aims to set up more than 250 Centers of Excellence across the country in the next three to five years. Through this, translational research, researcher-led entrepreneurship and commercialization will be boosted, and innovation-based social and economic development is expected to accelerate.
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