Industries Dept, NIFT sign MoU to set up 12th incubation centre

Shimla, July 19

The Industries Department and the National Institute of Fashion Technology (NIFT) campus, Chheb, Kangra, have signed an MoU to assist the institution in setting up an incubator to establish an ecosystem for innovation projects and start-ups.

The NIFT is a state of the art centre having AI and ARVR lab that will help the young entrepreneurs experiment with their ideas. This is the 12th incubation centre being set up in the state. The MoU was signed between Rakesh Kumar Prajapati, Director, Industries Department, and Aakash Dewangan, director, NIFT, Chheb.

A spokesperson for the Industries Department said here today to promote the untapped creativity of individual innovators, the government had formulated a scheme for providing support to start-ups and for entrepreneurial and managerial development of small and medium enterprises through incubators. — TNS