IIM Lucknow Signs MoU with IFSCA to Support FinTech and TechFin Entities; Check Details Here

New Delhi: The Enterprise Incubation Centre (EIC) of IIM Lucknow has joined hands with International Financial Services Centres Authority (IFSCA) to facilitate FinTech and TechFin entities. The collaboration was done at IIM Lucknow Uttar Pradesh campus on July 11, 2023.

The purpose of this Memorandum of Understanding (MoU) is to establish a framework for communication and understanding between IIM Lucknow EIC and IFSCA so that they may work together to assist and facilitate FinTech and TechFin enterprises.

This MoU will make it possible to cooperate and work together on various FinTech-related activities. Access to the IFSCA's Regulatory and Innovation Sandbox and the IFSCA (FinTech Incentive) Scheme, 2022 may be made easier for FinTechs registered with IIM Lucknow EIC.

IFSCA seeks to establish a solid worldwide network, concentrate on the requirements of the Indian economy, and act as a regional and/or global international financial platform.

The IIML's EIC, which is supported by the Indian Institute of Management Lucknow, is supported by the National Science and Technology Entrepreneurship Development Board (NSTEDB), Department of Science and Technology (DST), the Government of India, and State of Uttar Pradesh.

The IIML EIC is committed to giving new ventures speed and faster growth for the successful commercialization of technology or products. This is done through a combination of accelerator programs, seed capital, corporate venture capital funds, smart co-working spaces, corporate market access, mentoring and training programs.

Read More: 

• CAT 2023: IIM Lucknow will be Conducting Exam; Professor Sanjeet Singh Appointed as Convenor

• Cabinet Approves Bill to Convert NITIE Mumbai to IIM Mumbai; Check Details Here

Subscribe to Collegedunia to get the latest educational news and updates –