Software Technology Parks of India (STPI) signs MoU to establish EP 2.0 in Delhi

Software Technology Parks of India (STPI) signs MoU to establish EP 2.0 in Delhi

New Delhi, September 20, 2022: A memorandum of understanding (MoU) was signed between Software Technology Parks of India (STPI), as the Managing Partner, Technology Innovation Hub at Indraprastha Institute of Information Technology, Delhi (IHub Anubhuti) as Ecosystem Partner, India Electronics and Semiconductor Association as Implementation Partner, Indraprastha Institute of Information Technology, Delhi as Associated Academic Institute and AIC Stpinext Initiatives as SPV of STPI at IIIT Delhi for establishing the proposed EP 2.0. Five partners have come forward and have signed a MoU to create an ecosystem for fostering start-ups and entrepreneurs in the field of electronics system design and manufacturing (ESDM) and related fields.
 
Speaking on the occasion Arvind Kumar, Director General, STPI said, “In order to create unicorns in the ESDM industry, the proposed EP innovations centre "EP 2.0" will scale up its current operations and offer startups and MSMEs a complete ecosystem, including infrastructure, network, mentors, and funding.”
 
Prof. Ranjan Bose - Director IIIT Delhi said, “IIIT Delhi shall provide the best possible support in terms of infrastructure and involvement of students and faculty of the institute in this project.”