TELANGANA

SRiX inks MoU with Cranfield University

To aid Indian and British start-ups access new markets

Telangana-based SR Innovation Exchange (SRiX), a technology business incubator, and Cranfield University (U.K.) signed a collaborative agreement to provide British and Indian entrepreneurs access to new businesses and academic expertise.

As per the agreement, a 10-week immersion programme is being developed with Indian start-ups mentored in the U.K. by leading Cranfield academics.

The partnership facilitates knowledge exchange between experts from Cranfield visiting SRiX to conduct learning sessions focused on manufacturing excellence, whereas Cranfield would support SRiX in designing innovation programmes for corporate clients in the manufacturing sector.

Sreedevi Devireddy, CEO, SR Innovation Exchange, said, “Together with Cranfield, we will create programmes to benefit both British and Indian entrepreneurs, and help enterprises gain access to international education and business development expertise. This is part of our strategy to build partnership and leverage globally-known academia and industry leader’s knowledge to help SRiX incubator grow”.

SRiX would also play the role of an anchor organisation for Cranfield University’s initiatives in Telangana.

Such partnerships have the potential to lead to many positive network effects, which make a useful building block for nurturing entrepreneurial ecosystem in Tier-II cities, Ms. Sreedevi added.

Professor Simon Pollard, pro-vice-chancellor (international) at Cranfield University, said, “We are looking forward to working with SRiX to create innovative programmes that benefit both of our institutions and our clients. Cranfield has a proud tradition of collaborating with Indian academia, industry and government. This agreement will further enhance our strong links with India and will enable to share our academic expertise, particularly within the manufacturing sector”.

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