L-Incubator signs MoU with TERI


New Delhi, March 7, 2018

L-Incubator IIM Lucknow went into another flagship collaboration with The Energy Resourse Institute (TERI). The two entities signed Memorandum of Understanding (MoU) to mutually take the journey of creating a viable and sustainable startup ecosystem. Prof. M Akbar, Managing Director, IIML-Incubator and Puneet Chandra, Director, TERI as signatories to this partnership event, graced the occasion by expressing the institutional joint efforts to work towards nurturing startups, focusing the energy sector.

L-Incubator, working as Technology Business Incubator, in the industry 4.0 is aggressively taking steps to contribute to a sustainable startup ecosystem. In the efforts to create a viable institutional web a a support system, IIML-Incubator is collaborating with institutional partners to provide the apt support systems to the budding ventures who are incubated at the incubator.

S.M. Rounaque Mustafa, Vice President, IIML-Incubator IIM Lucknow, proposed TERI to conduct a joint Accelerator Programme to boost the sustainability based startups and foster sustainable industrial  & environmental development.. TERI, as a partner was glad to be a part of these efforts. Puneet Chandra, Director TERI, stated, ‘TERI would be happy to join hands with an institutional body like IIML-Incubator IIM Lucknow and be a partner in creating and nurturing startups in the area of sustenance’.  Prof. Akbar, MD IIML-Incubator, acknowledging the collaboration said, ‘this is the beginning of a transforming startup ecosystem, where various institutes would take a joint path to culminate ventures to sustainable businesses’.