HYDERABAD: The Confederation of Indian Industry launched its Centre for Excellence for Innovation, Entrepreneurship and Startups (CIES), which provides plug-and-play workspaces, ideation labs, mentoring and innovation labs, at T-Hub here last week.
The 200-seater world-class facility was set up with in partnership with the Telangana Government and Pratiksha Trust. CIES will work with the ecosystem stakeholders to enhance the success of startups, with focus on innovation and entrepreneurship skillsets.
The centre will also work with startups to create, incubate and accelerate within the corporate offices and family office engagements in the long-run. The launch of the centre also saw exchange of MOUs for Corporate Accelerator Programmes with Apollo Hospitals, Elico Ltd, Skoda Auto and Vedanta.
CII launched CIES in 2020 to enable the growth of start-ups in India.
