3 days ago
IIT-K, SBI Foundation launch startup innovations initiative
Kanpur: The Indian Institute of Technology-Kanpur's Startup Incubation and Innovation Centre (SIIC), in partnership with SBI Foundation, the CSR arm of the State Bank of India, launched the 'Startup Innovations for Social Good' initiative under SBIF Innovators for Bharat on Thursday.
The initiative is also supported by SBI DFHI Limited and SBI Ventures. The programme was announced on Thursday at an event held at the IIT-K Outreach Centre, Noida.
The initiative will nurture 30 impact-driven startups—24 of which will be early-stage and 6 will be growth-stage—in domains such as AgriTech, Healthcare, and CleanTech. Spanning 18 months, the program will offer a structured incubation program with continuous mentoring, domain-specific support, and performance monitoring to ensure effective, socially impactful outcomes.
The launch event was attended by Amey Karkare, dean of resources and alumni, IIT-K; Deepu Philip, professor incharge, Innovation & Incubation, FIRST; Sanjay Prakash, MD & CEO, SBI Foundation; Ambika Prasad Bhuyan, vice president (head marketing and strategies), SBI DFHI Ltd; Kapil Kaul, CEO, IIT-Kanpur development foundation; Kumar Alok IAS (Retd.), former Chief Secretary Tripura and Prof of Practice, IIT-K; Aman Bhaiya, vice president and head (Strategy) SBI Foundation; and Piyush Mishra, COO, FIRST SIIC Kanpur, among other dignitaries.
