ADIF and IIT Guwahati TIC Sign MoU to Boost Startup Ecosystem

Current Context: The Alliance of Digital India Foundation (ADIF) and IIT Guwahati’s Technology Incubation Centre (TIC) signed a Memorandum of Understanding (MoU) to boost the startup ecosystem in India On 25th April 2024, in Guwahati.

• This two-year partnership aims to strengthen collaboration between ADIF’s network of startups and entrepreneurs, and IIT Guwahati’s pool of innovators, faculty, and incubation facilities.
• Here are the key highlights of this collaboration:
• Empowering Startups: ADIF will provide alliance membership to IITG TIC’s portfolio startup companies. This membership grants them access to ADIF’s startup toolkit, which includes discounted services, resources, and mentorship opportunities.
• Mutual Assistance: IITG TIC, in turn, will assist ADIF members through mentoring, market linkages, pitching support, networking events, and acceleration programs.
• Joint Initiatives: The partners plan to jointly organize startup courses, workshops, hackathons, and research initiatives involving students, faculty, and entrepreneurs.
• Visibility and Promotion: ADIF will promote IIT Guwahati TIC’s events and programs through its channels for greater visibility.

Question:

Q.1 What is the purpose of the Memorandum of Understanding (MoU) signed between ADIF and IIT Guwahati TIC?
a. To boost the startup ecosystem in India
b. To promote entrepreneurship globally
c. To facilitate collaboration between universities
d. To enhance research facilitie