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Australia's Monash University and the Society for Innovation and Entrepreneurship (SINE) at the Indian Institute of Technology (IIT) Bombay have signed a landmark Memorandum of Understanding (MoU) to expand their collaboration to cover innovation and entrepreneurship.
Signed by Monash Deputy Vice-Chancellor (International), Professor Craig Jeffrey, and IIT Bombay Director Professor Shireesh Kedare, this MoU builds on the long-standing partnership between the two institutions and signals a new era of collaboration between Australia and India in the areas of innovation & entrepreneurship.
This MoU will support commercialisation and international market entry for ventures in key growth sectors, including deep tech, climate tech, health and medtech, clean energy, and advanced manufacturing.
The partnership will be delivered through Monash Innovation Labs, the University’s dedicated platform for startup and scaleup growth through access to research facilities, student talent, and academic excellence.
The MoU will remain in effect for five years, with both institutions committed to developing a robust and sustainable platform for innovation-driven growth.