IIM Lucknow Introduces Centre of Excellence in Blockchain Technology Under StartInUP Policy
IIM Lucknow's Innovative Initiative
IIM Lucknow's Enterprise Incubation Centre (IIML-EIC) has announced the establishment of a Centre of Excellence in Blockchain Technology (CoE-BT), an initiative backed by the Uttar Pradesh government's StartInUP Policy. This significant initiative strives to create and nurture 100 blockchain startups over the next five years, fostering innovation and entrepreneurship throughout Uttar Pradesh.
Objectives of CoE-BT
The CoE-BT aims to support promising startups while promoting entrepreneurship in the rapidly evolving field of blockchain technology. By enhancing e-governance through trust, transparency, and reliability, the initiative supports various sectors as blockchain applications proliferate.
- Collaboration with Microsoft: The partnership with Microsoft will explore new opportunities for innovative blockchain solutions.
- Technology Enabler: CoE-BT will provide access to training, mentorship, and VC funding for new ventures.
- Outreach Centres: Three outreach centres in Gorakhpur, Lucknow, and Greater NoidaMeerut will spearhead local blockchain innovation.
A Vision for Blockchain Innovation
The centre serves as a pivotal Resource and Technology Development hub, dedicated to enhancing Uttar Pradesh's technological capabilities and fostering a thriving ecosystem for blockchain innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.