Initiative seeks to bring innovative educational, research and product prototyping capabilities to the institutes, universities and commercial enterprises in India while also generating revenue to support the CIE’s regional business incubation efforts.
The University of Massachusetts Dartmouth Center for Innovation and Entrepreneurship (CIE) in Fall River, Massachusetts, USA; Batoi Systems Pvt Ltd headquartered in Bhubaneswar, India; and its sister company BCube Analytics, located at the CIE; have established a new partnership to bring innovative educational, research and product prototyping capabilities to the institutes, universities and commercial enterprises in India while also generating revenue to support the CIE’s regional business incubation efforts.
The main focus of this partnership will be in energy, health care, the environment and smart governance.
“We envision a partnership that will build a commerce bridge from the SouthCoast to India, one of the world’s largest democracies and fastest growing innovation economies,” CIE Director Tobias Stapleton said. "This association will usher in a new era of collaboration between Indian companies and academic institutions and the resources of Batoi, BCube, and the CIE.”
This partnership will provide a valuable resource for the companies and stakeholders of social development initiatives in India, providing them access to the world class, academic, research and advanced prototyping facilities located at the CIE. Revenue generated by the program will be re-invested in the CIE, which is currently serving more than 20 start-up companies on-site and offering its business development services to startups throughout the SouthCoast region.
BCube CEO Saji Nair said he is looking forward to his company working with the CIE to create an innovation conduit between the US and in India. "It is exciting for us to partner with organizations like the CIE and Batoi to help forge a synergy that will deliver unmatched results,” Nair said. “BCube’s main focus is compliance, which is a cornerstone of smart governance. Education and training are critical to reach this objective, and this partnership is a perfect opportunity to foster the skills needed to meet these challenges and to unite these growing markets.”
Batoi Systems CEO and Founder Director Ashwini Rath will expand the economic links between the U.S. and India. "Batoi, with its product suites and solutions for education and research, will maximize these opportunities and create new initiatives to bridge the gaps in much-needed skills and capabilities at the institutions and commercial entities in India," he said.
Batoi and BCube will work with CIE staff to identify the skills and technologies needed to deliver skill-oriented certificate programs that will be developed in partnership with the Center. These programs will emphasize critical aspects of entrepreneurship, emerging technologies, and innovation, and will give students and entrepreneurs in India a unique opportunity to interact with the innovators and scholars at the CIE. The program will also offer opportunities for on-site study at the CIE and UMass Dartmouth facilities in the USA.
The CIE has extensive experience in promoting entrepreneurship and the commercialization of a broad range of high tech products developed and manufactured by the researchers and companies headquartered at its facility. The Center, which is supported by the extensive academic and research capabilities of the university, has a modern facility and staff dedicated to the advancement of research, engineering and prototype development in the environmental, entrepreneurship, marine and life-sciences areas. The Center has established itself as a leading hub for technological innovation and research, and will provide cutting edge programs that serve to advance the development of critically needed technologies and services for the Indian market.
For more information, contact:
Toby Stapleton, 508-910-9807 or tstapleton@umassd.edu
John Hoey, 508.264.5920 or jhoey@umassd.edu