15 September 2021
A highly prestigious and beneficial Memorandum of Understanding (MoU) has been signed between Shoolini University and iHUB Divyasampark based out of Indian Institute of Technology, Roorkee.
The agreement would work towards contributing to smart agriculture, smart cities, digital medicine and EduTech to make the world a way better place through the power of technology. It would encourage and involve budding entrepreneurs and researchers to help build cyber physical systems and smart technologies of tomorrow.
The agreement would help not just the faculty and students of Shoolini University but would place special focus on solving problems related to Himachal Pradesh.
iHuB Divyasamapark, a Technology Innovation Hub, is a joint initiative of the Government of India’s Department of Science and Technology and IIT Roorkee. The MOU will open doors for funding innovative projects in Cyber Physical System and use of technology in agriculture, healthcare and other verticals.
The MoU was signed by Vice Chancellor Atul Khosla in the presence of Chancellor Dr PK Khosla and Pro Chancellor Mr Vishal Anand and CEO iHUB Divyasampark Mr Manish Anand.
The project was set up under National Mission on Interdisciplinary Cyber Physical Systems ( NM-ICPS) with a seed fund of Rs 135 crore. It aims to enable innovation in the focus area of Smart devices, Materials and Technologies for the cyber physical systems. These innovations are going to play a key role in achieving the objective of Industry 4.0 and Digital India. Technologies so developed will help in making Indian MSMEs globally competitive, Healthcare affordable and accessible to every Indian, and creating Smart Cities. “With the help of this seed fund, we would be supporting innovators and start-ups”, said Prof Khosla.
Mr Manish Anand said he was delighted to sign the MoU “with a young, dynamic and most importantly innovation driven University to innovate in the broader area of Cyber Physical Systems for the future industry, smart cities, smart agriculture and digital health” and added that “special focus would be on solving problems related to Himachal Pradesh”.
The MoU would place emphasis on entrepreneurship development and training related to cyber-Physical systems and new age technologies. It would explore opportunities to identify good quality CPS related patents, projects and publications developed by students and faculty members of Shoolini University and convert them into real products that can solve societal needs.
It would work towards building long-term strategic relationships on activating the overall innovation ecosystem and identify opportunities to collaborate on various aspects like identifying industry relevant problems and providing feedback.
The iHUB DivyaSampark will explore the possibility of establishing its extension center at Shoolini University. The two sides may jointly explore funding opportunities to support the purpose of this MoU. iHUB DivyaSampark may also decide to fund a few interesting projects in CPS domain.