9 th mile, Khanapara, Ri Bhoi : With a vision to provide sustainable solutions to the targeted group of society and industries through s...
9th mile, Khanapara, Ri Bhoi : With a vision to provide sustainable solutions to
the targeted group of society and industries through scientific and innovative packaging
technology and to create awareness for circular economy to save the Planet, the
Mumbai based Foundation for Innovative Packaging and Sustainability (FIPS) has
signed a Memorandum of Understanding with the University of Science &
Technology Meghalaya. The MoU was signed by Prof. (Dr). N.C. Saha, Chairman,
FIPS and Prof G. D. Sharma, Vice Chancellor, USTM.
Speaking on the occasion, Prof G D Sharma said that the MoU aims to promote human resource development by organising Collaborative Certificate Programme in “Sustainable Packaging for food Products” where FIPS would provide Faculty Support with mutually agreed professional fees for conducting Certificate Course and other module of Training Program for the benefit of the students of the Department of Food Science & Technology, USTM with mutual financial benefits. “The students would be benefitted to get exposure in this specialised field of Sustainable Packaging for Food Products which would help them in career development. FIPS would also get involved with USTM to support for any research projects related to “Sustainable Packaging” in order to make “Win-Win” situation for both the organisation”, he added.
Prof.
(Dr). N.C. Saha said that the two institutions are planning to establish an
“Incubation Centre” in the field of “Sustainable Packaging for Food Products”
for providing “First-hand Knowledge” to the students of USTM and to stimulate
for “Start-Up” business with sustainable approach.
According
to Prof Saha, the MoU also aims to create a Centre of Excellence on
“Sustainable Packaging” for stimulating entrepreneurial idea generation for
high end products on display and provide information about where technical
assistance, equipment, venture capital and other financing can be sourced.
Relevant business plans and information about potential market linkages will
also be made available. It will help potential entrepreneurs undertake design
and prototype development, he added.
Other
highlights of the agreement include: to support commercialisation of high
potential products/ designs in various sectors which will help provide market
linkages for such products and to identify and build capacities of equipment/
inputs suppliers that can help upgrade the products and processes significantly
as per market requirements.
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