Nov 5, 2014
Blueprint for new IITs and NITs likely to roll out today
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 28, 2014
India Projected to Become Third-biggest Aviation Market by 2031
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
IMF issues warning on slower economic growth in 2014 and 2015
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
USINPAC releases #US-#India ‘Business Barometer’
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
More than half of U.S. unlikely to do business in India: study
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
More than half of US unlikely to do business in India: Reports
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 8, 2014
US lawmakers forge ahead to set US-India relations on new course
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Oct 6, 2014
New MoU to be signed between India and the USA gets nod from the Indian Cabinet
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 30, 2014
India set to become a founding partner in the Thirty Meter Telescope Project in Pacific Ocean
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 30, 2014
Global Initiative of Academic Networks approved by the Indian HRD Ministry
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Sep 23, 2014
Narendra Modi will build new IIT in Goa aided by US institutions
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 28, 2014
Turning Point in Bilateral Relations: US Medical Delegation to India arrives
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
Indian American author Nina McConigley wins PEN Open Book Award
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
Indian-American educator Pradeep Khosla to help India with hospital management
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
Aug 26, 2014
India-US natural partners: US diplomat
read more...
AUSIB promotes High Profile Higher Education Events, Business Events, Trade and Investments between The United States and India
View All

University of Texas at Austin Economic Development Initiative in India received high-profile recognition

Source : University of Texas
May 21, 2012

 Date: 21st May 2012

A University of Texas at Austin economic development initiative in India received high-profile recognition from U.S. Secretary of State Hillary Clinton during her visit to New Delhi last week.

As part of her stop in India, Clinton visited an event that showcased public and private sector innovation partnerships between the United States and India. There, she highlighted a company, Forus Health, and its technology that’s supported by the India Innovation Growth Program.

The program is operated by the Global Commercialization Group of the university’s IC2 Institute and the Federation of Indian Chambers of Commerce and Industry (FICCI). It is sponsored by Lockheed Martin Corp., India’s Department of Science and Technology and the Indo-U.S. Science and Technology Forum.

Forus Health has developed a scanner called 3nethra that can detect eye diseases before they cause blindness, a major issue in India and other developing countries. She also cited a company that has developed an infant resuscitator that rose through another program.

“Both these cutting-edge innovations cost a fraction of other medical devices that address these same problems [and] make life-saving health care available to people who might otherwise be unable to afford treatment,” Clinton said.

The goal of the India Innovation Growth Program, which the Global Commercialization Group has administered since 2006, is to develop a cadre of Indian entrepreneurs with the skills to develop and deploy products and services that can compete in domestic and global markets.

In working with Indian entrepreneurs, the IC2 Institute draws on its decades of studying entrepreneurs, building businesses and business clusters to help support and accelerate business for people in developing economies. It provides training and assists in developing relationships and business engagements for investments, partnerships and customers. 

The program has helped more than about 90 Indian entrepreneurs and small businesses find investors, business partners, collaborators, and even paying customers.

Indian entrepreneurs in the India Innovation Growth Program go through several steps — from introductory workshops, to screenings of services and products, to market research and business development. The entrepreneurs and companies with the highest commercialization potential move forward at each step.

Valerie Hase, the institute’s program manager for the India project, said that since 2006 more than 3,000 people have attended the workshops in India; more than 2,000 technologies have been screened; and market research reports have been prepared for about 300 technologies.

“The number of people seeking to participate in the program has increased each year,” said Sid Burback, director of the Global Commercialization Group. “We are very pleased with the momentum that the program has built and the progress that our program participants have made.”

 

 

 

  • AUSIB joins Nagpur First as Supporting Partners for Annual Global Nagpur Summit 2015
    read more...
  • Events and Delegations between India and The United States
  • Edwin Burkett
  • James mancuso
  • Gerald V quinnan
  • Mark evans
  • Rahul jindal
  • Rahul jindal
^ Back to Top