(MENAFN- KNN India) GIZ organizing Innovation Camp in Aurangabad to strengthen innovation capacity of MSMEs
Aurangabad, May 2 (KNN) Aiming at bridging the gap between industry and academia, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with the support of Ministry of MSME is organizing an event in Aurangabad called Innovate to Lead-Innovation Camp on May 7, 2019.
This project is part of the ‘Program for Modernization and Innovation Promotion in Micro, Small and Medium-sized Enterprises (MSME INNO)', which is jointly implemented by the GIZ, GmbH and the Ministry of MSME, Government of India.
The aim of the project is to bring together industry and academia on a single platform to create an innovative ecosystem.
Besides this, the program's goal is to create a fresh and vibrant ecosystem for Micro Small and Medium Enterprises (MSMEs) in the country.
The event will showcase solutions and proto-types to 100 technical problems identified in over 90 SMEs located in the industrial hubs of Aurangabad, Nashik and Nagpur.
These solutions are the outcome of over 700 students working under the supervision of 150 faculty members from 20 different academic institutes.
This program with the collaboration of industry-academia, will strengthen innovation capacity and sustainability of MSMEs and enable them to contribute to the country's industrial development.
Attendees will get an opportunity to experience first-hand benefits of cooperation between MSMEs and academic institutes; witness innovative solutions and proto-types developed by the teams of students for MSMEs, which will be showcased at the Innovation Gallery and network to explore the scope of collaborations with SMEs and/ or academic institutes.
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