The Indian Institute of Technology Kanpur (IIT-K) and Blockchain For Impact (BFI) have announced a strategic partnership within the BFI-Biome Virtual Network Programme to accelerate healthcare innovation in India.
Under this collaboration, BFI will assist IIT Kanpur in fostering entrepreneurial ventures through the Startup Incubation & Innovation Centre (SIIC), IIT Kanpur.
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An official statement reveals that a Memorandum of Understanding (MoU) was signed at IIT Kanpur by Prof. Kantesh Balani, Dean of Resources and Alumni (DoRA), IIT Kanpur, and Dr. Gaurav Singh, CEO of BFI.
As part of this initiative, BFI has committed over $150,000 over three years to develop tailored programmes for healthcare-focused startups at IIT Kanpur’s Startup Incubation and Innovation Centre (SIIC).
This partnership harnesses IIT Kanpur’s established leadership in nurturing entrepreneurship and BFI’s dedication to advancing biomedical research. Together, they aim to create impactful solutions addressing critical gaps in India’s healthcare ecosystem.
Prof. Kantesh Balani, DoRA, IIT Kanpur, expressed optimism about the partnership, stating, “This MoU will facilitate knowledge-sharing, enhance support for startups, and strengthen our capacity-building efforts.”
Dr. Gaurav Singh, CEO of BFI, commented, “Interacting with the IIT Kanpur incubatees was incredibly inspiring. Their enthusiasm and commitment to healthcare innovation are truly remarkable. IIT Kanpur’s robust support for these entrepreneurs aligns perfectly with our mission of accelerating impactful solutions in biomedical research. Through various initiatives in biomedical research and innovation, comprehensive partnerships, and strategic funding programmes, we are actively addressing critical healthcare challenges in India.”
The collaboration between IITK and BFI marks a significant stride towards advancing healthcare innovation in India. By leveraging diverse expertise and resources, this partnership holds great promise for enhancing public health and ensuring accessible healthcare for all.
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