Andhra government signs MoU with Cyient, AICTE to strengthen innovation
The MoU outlines the establishment of urban innovation clusters, with the first cluster being launched in Visakhapatnam. These clusters will help educational institutions evolve into hubs of entrepreneurship, innovation and intellectual property creation. Under this initiative, specialised centres such as i-CARE (Innovation Creation and Research for Entrepreneurship), i-CAFE (Idea Creation and Auxiliary Facilities for Entrepreneurship), and IPR-TT (Intellectual Property Rights and Technology Transfer) cells will be set up in colleges and universities.
Lokesh asserted the government's commitment to nurturing innovation and job creation through structured partnerships. 'We are building an innovation-first economy to empower our youth,' he said.
The initiative will be implemented through boot camps, hackathons, innovation fairs, entrepreneurship competitions, and mentorship programmes with industry experts.
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