The XLr8 Andhra Pradesh Technology Business Accelerator is a product of almost a decade of collaboration with our strategic partner, the Federation of Indian Chambers of Commerce and Industry, in the development and growth of entrepreneurship and innovation across India. In this new, exciting initiative, the Global Commercialization Group of the IC2 Institute of the University of Texas at Austin will join with FICCI and the Government of the State of Andhra Pradesh to identify promising technologies in India and accelerate their entry to both domestic and international markets, with a view to providing solutions with high impact on societal challenges, IT convergence, and job and wealth creation. We are putting our own human resources on the ground in Tirupati to set up the accelerator structure and train local staff, innovators and entrepreneurs, as well as students and faculty of some of the most renowned educational institutions in the country. We are confident that, through this partnership, we can significantly impact job and wealth creation in Andhra Pradesh.
- Sid Burback
Director, Global Commercialization Group, IC2 Institute