Sam Circle Venture recently organized a session on venture development and commercialization in association with Foundation of Technology Transfer (FITT), IIT Delhi to announce its foray into Entrepreneurship and Incubation in India through Innovation center in IIT Delhi.
Sam Circle Venture and FITT-IIT D have agreed to set up an Innovation Center at IIT Delhi to promote new venture development, commercialization of new products and scaling up of new ventures through market penetration. Minju Labs, under the ambit of Innovation center will cater to start ups, incubation services, investments and commercialization for the potential innovations in India.
Mr. Amber Malhotra, Managing Principal at Sam Circle Venture highlighted the importance of Innovation center in the context of promoting Entrepreneurship and Innovation in India and said that Sam Circle Venture is bringing its US partners Henry Ford Health System and its Innovation institute for promoting innovations. Sam Circle Venture is also bringing up Entrepreneurship training programme from Kent State University, under Dr. Robert D Hisrich, Deputy Dean at college of business studies which can be embedded as training facility promoted at Innovation center.