SIIC, IIT Kanpur signs MoU with Canara Bank to foster innovation & accelerate startup growth
The Startup Incubation and Innovation Centre (SIIC) at the Indian Institute of Technology Kanpur (IITK) has signed a Memorandum of Understanding (MoU) with Canara Bank. The collaboration aims to provide comprehensive support to entrepreneurs, including funding, promotion and knowledge sharing.

The MoU was signed by Prof. Ankush Sharma, Professor-in-charge of SIIC, IIT Kanpur; and Sri Sanjay Kumar, Deputy General Manager, Canara Bank in the presence of Mr. Piyush Mishra, Chief Operating Officer at SIIC, IIT Kanpur; Ms. Achala Saxena, Manager at SIIC, IIT Kanpur; Mr. Amogh Tiwari, Assistant Manager at SIIC, IIT Kanpur; Mr. Prabhat Rajvanshi, Regional Head at Canara Bank, Regional Office, Pune; Mr. Ajit Jha, Chief Manager at Canara Bank, Mid Corporate Branch, Kanpur; and Mr. Rajnish K Gupta, Divisional Manager at Canara Bank, Regional Office, Kanpur. 

Prof. Ankush Sharma, Professor-in-Charge, SIIC, IIT Kanpur, said, “This partnership brings together the strengths of academia and industry, creating a powerful synergy to support startups. We are excited to collaborate with Canara Bank to provide a robust platform for innovation and entrepreneurship.”

Through this collaboration, IIT Kanpur and Canara Bank will jointly organize a series of seminars, conferences, and workshops, designed to offer startups not only valuable insights into the industry landscape but also critical networking opportunities with key players. This partnership will further facilitate the exchange of knowledge and best practices, providing startups with industry mentorship from experienced professionals. 

Additionally, startups will gain access to Canara Bank's extensive network of contacts and resources, ensuring they are equipped with the necessary tools and support to navigate challenges and achieve long-term success.    

The MoU marks a significant milestone in the shared commitment of both institutions to nurturing the entrepreneurial ecosystem.