GLF Business School, Kolkata, and the Department of Information Technology & Communication (DoIT&C), Government of Rajasthan, signed a Memorandum of Understanding (MoU) during the Rajasthan DigiFest & 10th TiE Global Summit, which took place in Jaipur, significantly boosting India’s innovation and entrepreneurship landscape.

The MoU was formally exchanged by Mr. Himanshu Gupta, Commissioner and Special Secretary, DoIT&C, and Prof. Avijit Banerjee, Director, GLF Business School in the august presence of Col. Rajyavardhan Rathore, Hon’ble Cabinet Minister, IT & Communication, Government of Rajasthan; Dr. Ravi Kumar Surpur, Secretary, IT & Communication, Government of Rajasthan; and other distinguished dignitaries from industry.

Through this collaboration, GLF Business School joins the Government of Rajasthan’s ambitious initiative to support innovation-led entrepreneurship in Rajasthan and beyond as a “Host Institute” under the startup ecosystem framework. In order to mobilize and integrate startup entrepreneurs from Eastern and Northeastern India into the larger national innovation ecosystem, the MoU creates a robust institutional bridge.

The partnership will facilitate cross-regional access to incubation, acceleration programs, investor networks, innovation labs, and market opportunities by utilizing GLF Business School’s academic excellence, incubation infrastructure, and mentoring capabilities in Eastern India in conjunction with Rajasthan’s organized startup platform, policy support, and market connections. Additionally, the collaboration will support co-incubation programs, information sharing, and national visibility for businesses, assisting them in expanding beyond local borders and fostering a more diverse and interconnected startup ecosystem.

Announcing the partnership, Prof. Avijit Banerjee, Director, GLF Business School, said, “To empower young innovators and entrepreneurs in the State and beyond, GLF Business School, Kolkata, is pleased to collaborate with the Government of Rajasthan to create a dynamic, inclusive, and future-ready startup environment. This strategic alliance represents a significant turning point in our joint efforts to advance innovation, entrepreneurship, and startup development”.

This Memorandum of Understanding is anticipated to be crucial in bolstering interregional startup cooperation, boosting entrepreneurial expansion, and furthering India’s goal of a globally competitive and nationally integrated innovation economy.

Priyanka Dutta