The IIM-Calcutta Innovation Park (IIMCIP) and the Ratan Tata Innovation Hub (RTIH-Visakhapatnam) present connected Monday (January 19) announced a strategical concern to make a structured co-incubation pathway for market-ready and revenue-generating startups from Andhra Pradesh.
The MoU was signed by Ravi Eswarapu, CEO of RTIH-Visakhapatnam, and VK Rai, CEO of IIMCIP.
The concern is designed to jointly place high-potential startups and supply them with structured co-incubation, hands-on scaling support, and important entree to capital, Mr. Rai said.
This collaboration concentrates connected 3 halfway areas specified arsenic structured co-incubation, superior entree (selected startups volition beryllium provided entree to superior of up to ₹2 crore) and hands-on execution enactment (startups volition person applicable guidance and enactment crossed assorted captious functions, including merchandise development, marketplace entree strategies, governance frameworks and wide standard readiness), helium added.

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