NIT Warangal Signs MoU with International Startup Foundation for Startup Development
NEWS CHARIOT:-The National Institute of Technology Warangal (NITW) and the International Startup Foundation, Karnataka, signed a Memorandum of Understanding (MoU) today at the NIT Warangal campus. The MoU was signed and exchanged by Professor Bidyadhar Subudhi, Director of NIT Warangal, and Mr. J.A. Chowdary, Founder of the International Startup Foundation.
As part of this collaboration, the International Startup Foundation will provide guidance and support to new innovations and startups emerging from NIT Warangal. Mr. J.A. Chowdary announced that an International Startup Foundation Chapter will be launched at NIT Warangal. This chapter will organize mentorship programs, networking events, and entrepreneurship workshops to foster startup growth and encourage innovation in the region.
Speaking on the occasion, Mr. J.A. Chowdary highlighted the immense opportunities for startup development in Tier-II and Tier-III cities. He stated,”Warangal has great potential to emerge as a startup hub. By collaborating with NIT Warangal, we are committed to nurturing and promoting entrepreneurship among young minds. We aim to strengthen the startup ecosystem in Warangal and contribute to the growth of this remarkable city.”
NIT Warangal Director Professor Bidyadhar Subudhi expressed gratitude to the International Startup Foundation and emphasized the importance of the new chapter.”The establishment of this chapter will further strengthen entrepreneurial efforts within our campus. Entrepreneurship plays a crucial role in a country’s development. Through such partnerships, NIT Warangal is committed to fostering innovation and supporting young entrepreneurs in achieving the ‘Viksit Bharat’ (Developed India) vision.”
This partnership marks a significant step toward boosting the startup ecosystem in Warangal, empowering young entrepreneurs, and driving technological innovation in the region.
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