Corporate Corner August 2024

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Andhra chamber and Anna University to mentor startups

Andhra Chamber of Commerce (ACC), in an initiative to mentor the startups incubated / co-incubated through its member network, signed an MoU with Atal Incubation Centre – Anna University Incubation Foundation. Based on the MoU, startups will be co-incubated as also be referred to the co-working spaces at the centre. The focus will be in the social sectors initially and then evolve to other sectors.

Commenting on the MoU signing, Dr V L Indira Dutt, President, Andhra Chamber of Commerce said, “The chamber has initiated an incubation centre and been the first nurturing at least six new enterprises to date, including new offering in the sea-food industry, an integrated organic waste management business model with 2 patents and 2 more in the offing and cancer research startup which is in the advance stages of testing at IIT-M incubation centre”.

AIC Anna Incubator is a Deep-Tech incubator supported by Atal Innovation Mission, NITI Aayog, Government of India and Anna University. “In the past 3 years, we have supported more than hundred startups with varied services like technical support, mentorship, investment facilitation,” said Dr P Uma Maheswari, CEO, AIC Anna Incubator.

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