About
Venture Center and Eppendorf have teamed up to support early stage incubation of high risk technologies with considerable potential for socio-economic impact, in the Venture Center's extended innovation ecosystem. The overall shared goal is to nurture inventive activity and incubate inventive technologies / ventures.
Under its Corporate Social Responsibility activities Eppendorf has provided a grant funding for supporting technology ideas and innovators selected and recommended by Venture Center.
The scope of the collaboration includes:Under the proposed project, EDC proposes to support technology ideas and innovators with funding support. The support is intended to help a budding entrepreneur strengthen the business case and/or technology status so that it is more likely to get commitment of funding support from funding agencies and/or investors. EDC will extend its own mentoring support and facilities access to the selected awardee for a period of 12 months or until the grantee raises an independent funding support or investment for taking the technology ahead.
The EDC shall put out a call and select suitable technology ideas/innovators to support. The projects will be preferably chosen to emphasize the following themes
- New technologies with promise
- Potential solutions to socially relevant needs such as maternal and child health, affordable health, energy and environment, solutions for the disabled and elderly, waste to value, sanitation and agiculture/ rural technology.
- Women innovators and entrepreneurs
This collaboration was launched in FY2015-16.
This initiative is operated by Venture Center wherein corporates can associate with Venture center and contribute to its social mission under CSR provisions. See http://www.venturecenter.co.in/csr/ for more details.