Ahmedabad: City-based International Centre for Entrepreneurship and Technology (iCreate), headed by Infosys Chairman Emeritus Narayan Murthy, on Thursday signed a memorandum of understanding (MoU) with Israeli science and technology institute Technion, for cooperation in areas of entrepreneurship, innovation and technology.

The MoU was signed by Technion’s Executive Vice-President (Research) Prof Oded Shmueli and iCreate’s Chief Mentor Madhukumar Mehta and its Founding Director Parag Amin.

“The first major joint programme will be held in October,” Amin told PTI.

“During the programme, people from Technion are also going to bring along a few students and entrepreneurs as a part of the delegation,” he said.

ICreate is also looking to have tie-ups with reputed institutes in Germany, France and US.

ICreate, an autonomous centre of excellence with its own incubation centre, was launched in September 2011 by Gujarat Chief Minister Narendra Modi. It aims at nurturing and promoting next generation entrepreneurs.

Technion and iCreate plan to jointly conduct events, business plan competitions, industry visits, etc., in both the countries and identify and promote technology suitable for the Indian industry.

Technion is considered to be a major force behind Israel’s emergence as home to high-tech start-ups.

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