IIM-Lucknow incubator inks MoU with TERI for startup ecosystem

LUCKNOW: The incubation centre, L-Incubator at the Indian Institute of Management, Lucknow has signed a memorandum of understanding (MoU) with The Energy and Resource Institute (TERI) for creating a viable and sustainable startup ecosystem.

The MoU was signed by LIncubator’s managing director Prof M Akbar and TERI’s senior director Puneet Chandra.

The two entities will work for nurturing startups focusing on the energy sector L-Incubator, vice president, SM Raunaque Mustafa, said that TERI will conduct a joint accelerator programme to boost sustainability-based startups and foster sustainable industrial & environmental development.

TERI’s senior director Puneet Chandra said, “TERI is happy to join hands with an institutional body like L-Incubator IIM Lucknow and be apartner in creating and nurturing startups in the area of sustenance.”