Technology Incubators will create job, hopes Andhra Pradesh Governor Biswa Bhusan Harichandan

Vijayawada: Governor Biswa Bhusan Harichandan laid the foundation for Andhra Technology Business Incubator set up in the Narasaraopeta Engineering College in collaboration with innovation and entrepreneurship division of the National Science and Technology Entrepreneurship Development Board of the Department of Science and Technology, Government of India, JNTU-K Kakinada on Friday.

Addressing the members through a videoconference, the Governor said that he was happy to know that the incubation centre being set up is the first of its kind mission in the country to provide a complete ecosystem support to technology based start-ups, where innovative ideas are generated, nurtured and positioned for development of sustainable enterprises.

He said that the Centre had recently launched Rs 1,000 crore Start-up India seed-fund to help new start-ups grow in the country and the government is making all efforts to create a start-up system to help the youth become entrepreneurs. He expressed hope that the Andhra Technology Business Incubator will help in creation of jobs and promote new technology and innovation-based start-ups with a focus on manufacturing, agriculture, healthcare, clean-tech, energy, water and Internet of Things (IOT).

He complimented the National Science and Technology Entrepreneurship Development Board, JNTU Kakinada, Narasaraopeta Engineering College, for their efforts to support rural youth by providing training, mentorship, funding and workspace to transform their innovative ideas into a start-up.

Dr Gopi Reddy Srinivasa Reddy, MLA, Narasaraopet, Sri Chakravarthi, Andhra Technology Business Incubator, Sri Koteswara Rao, Narasaraopeta Engineering College have attended the programme held in Narasaraopeta Engineering College premises. Prof K Hema Chandra Reddy, chairman, Andhra Pradesh State Council of Higher Education, Dr Anita Gupta, head-department, NEB Division, Department of Science & Technology, Prof M Ramalinga Raju, vice chancellor, JNTU Kakinada and Sri Praveen Roy, scientist-f, NEB Division have participated in the programme, through video conference.