Union Bank Of India & IIT (BHU) Inks Pact An MoU was signed between IIT (BHU) Varanasi and Union Bank of India for setting up a joint incubation centre

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Handout
Mr. Girish Joshi (Union Bank Zonal Head Varanasi), to his right is Deputy Zonal head Mr. Subhrajit Guha), to his left Director of IIT (BHU) Varanasi, Mr. Pramod Kumar Jain to his extreme left IIT (BHU) Varanasi Dean-(R&D) Vikas Kumar Dubey

An MoU was signed between IIT (BHU) Varanasi and Union Bank of India for setting up a joint incubation centre named 'IIT (BHU) Varanasi-Union Bank of India Incubation Centre'.

IIT (BHU) Varanasi Dean-(R&D) Vikas Kumar Dubey and Union Bank Zonal Head, Varanasi, Girish Joshi signed the MoU in the presence of Director of IIT (BHU) Varanasi, Sri Pramod Kumar Jain. The financial support will be provided by Union Bank of India and the operations will be managed by IIT (BHU) Varanasi.

The bank is aimed at financing technological advancements in both manufacturing and services in line with the spirit of Atmanirbhar Bharat. Through the Incubation Centre, Union Bank will provide all kinds of financial support to the youth for self-employment. The Director of IIT (BHU) Varanasi also welcomed the proposal to initiate a technological advancement research program based on the feedback of the entrepreneurs who are customers of Union Bank of India.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel
Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

By John Williams
Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

By Anantha Desikan
Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

By Tony Parinello
Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

By Sherin Shibu
Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.

By Athalia Monae