IDEMI Mumbai MSME TC under Ministry of Micro, Small & Medium Enterprises; Government of India & Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has implemented a bilateral cooperation project- ‘Innovation, Modernization & Qualification’ (MSME INNO)’. This project aims to improve the local innovation ecosystem through fostering cooperation between different stakeholders and strengthening the innovation management capacity;’ and sustainability of MSMEs in India.
The project seeks to strengthen the innovation system by systematically fostering cooperation between companies, research institutions, government, service providers and larger enterprises for introduction and dissemination of new technologies, products, processes and/or business model innovation.
GIZ MSME INNO is working with IDEMI Mumbai (Business Incubator) as they are a central institution for promoting innovation. Business Incubators create effective relationships in the innovation ecosystem and help create an enabling environment for innovation promotion and entrepreneurship development. The Project’s has mandate (from the sides of both the German and Indian governments) to work with select Business Incubators for strengthening their capacity thereby enabling them to deliver innovation enabling services to support potential start-ups.
Objective of this project