IIM Lucknow's Centre of Excellence in Blockchain Technology: A Game Changer

Monday, 2 September 2024, 04:03

IIM Lucknow is making waves in blockchain technology with the launch of its Centre of Excellence in Blockchain Technology. This initiative, backed by the Uttar Pradesh government's StartInUP policy, aims to incubate 100 startups over five years. With a focus on innovation and entrepreneurship, IIML-EIC will provide mentorship and resources for blockchain ventures. The collaboration with Microsoft enhances opportunities for technological advancements in the state.
Indiatoday
IIM Lucknow's Centre of Excellence in Blockchain Technology: A Game Changer

IIM Lucknow's Initiative in Blockchain Technology

The Indian Institute of Management Lucknow has officially launched a Centre of Excellence in Blockchain Technology (CoE-BT), an initiative backed by the Uttar Pradesh government’s StartInUP policy. This facility aims to foster innovation by supporting the incubation of 100 startups in blockchain over the next five years, bolstering entrepreneurship across Uttar Pradesh.

Goals of the Centre

The CoE-BT intends to identify and nurture promising startups, aligning with the state's e-governance objectives to enhance trust and reliability in various sectors. Professor Ashish Dubey, Faculty-in-charge at IIML-EIC, emphasizes the collaboration with Microsoft, which aims to spotlight new technological advancements in blockchain.

Support and Resources

  • The CoE will offer a dedicated blockchain platform.
  • Minting industry connections and VC funding.
  • Mentorship from over 50 industry and academic experts.
  • Specialised training programmes for aspiring entrepreneurs.

With three outreach centres planned in Gorakhpur, Lucknow, and Greater Noida, IIML EIC is set to catalyse the growth of blockchain innovation within the state.


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.


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