NIRMAN Accelerator Program: IIT Kanpur

NIRMAN Accelerator Program: IIT Kanpur

Team Ambitiousbaba are here with a Current Affairs Special Series. In this series, candidates will be introduced to current affairs topics daily, which will not only improve their general awareness but also will ensure that the candidates do not lack in any current affairs topic. Today’s Current Affairs topic is “NIRMAN Accelerator Program: IIT Kanpur

The startup incubation and innovation centre of IIT Kanpur has come up with a new initiative named “NIRMAN” Accelerator Program. The Department of Science and Technology, Government of India has partnered with the SIIC of IIT Kanpur to launch this program. 

This initiative will help the innovative startups to increase the manufacture of products. These startups have the domain of mainly Agriculture and Healthcare sector of India. 

Details Of The Program:

  • The NIRMAN program of IIT Kanpur is supported by the Department of Science and Technology, Government of India. It will be a great initiative in the field of helping those startups which are primary engaged in Healthcare and Agriculture sector, according to the authorities. 
  • It will help in manufacturing and providing support to increase production. It will also help the startups to overcome the increasing challenges with the manufacture. 
  • Both Agriculture and Healthcare sectors in India need a stimulation and support to enhance productivity and improve quality. In this scenario, this initiative by IIT Kanpur will become a great influence. 
  • A total number of 15 startups will be selected under the program in the initial phase.
  • The invitation of applications from the startups is begin from 21st July 2022.
  • The startup which becomes the best performing startup will get a cash prize upto 15 lakh.

Some Other Current Affairs Related To IIT Kanpur:

  • IIT Kanpur, Methanol Institute and TERI have come together to find and promote indigenous solutions for the methanol economy.
  • The centre for strategic and international studies in the US has partnered with the IIT Kanpur for global energy transition.

Questions and Answers:

Q1. What is the name of the new initiative of IIT Kanpur?

Ans. NIRMAN Accelerator Program.

Q2. Which department has partnered with the IIT Kanpur to launch the NIRMAN program?

Ans. Department of Science and Technology.

Q3. How many startups will be selected under the NIRMAN program?

Ans. 15 startups.

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