Excelsior Correspondent
JAMMU, Mar 18: The Council of Scientific & Industrial Research-Indian Institute of Integrative Medicine (CSIR-IIIM) – Technology Business Incubator in Jammu has been recognized with the “J&K SEED Startup Enabler Award” for its support of the startup ecosystem in Jammu & Kashmir.
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A press statement said that the award was presented to Dr Saurabh Saran, Principal Scientist CSIR-IIIM, Jammu & Principal Investigator, IIIM- Technology Business Incubator and Er Ankush Varma, Coordinator, IIIM-Technology Business Incubator during the first J&K Start-up Event for Entrepreneurial Development (SEED-1).
The event was held at MIET College in Jammu and was organized by MIET in collaboration with FICCI FLO JK&L to celebrate the spirit of entrepreneurship and startup culture in the UT of Jammu & Kashmir.
During the award ceremony, Dr Saran informed the audience about the work carried out by the incubator to promote the startup ecosystem in Jammu & Kashmir.
He said that since 2018, 82 startup companies have registered with the IIIM-TBI, including in-house, virtual, and outside incubates. Among them, 15 in-house incubates have reached the product development stage, and five startup companies have successfully completed the product development cycle and launched their products in the market.
Er Ankush Varma emphasized that the IIIM Incubator is committed to creating awareness among the local population of Jammu & Kashmir by promoting a biotech-based startup ecosystem.
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