Ahmedabad, Gujarat International Finance Tec-City (GIFT City) in Gandhinagar has collaborated with TiE, Inc. (formerly known as The Indus Entrepreneurs) to drive economic growth, create employment opportunities through entrepreneurship and facilitate a robust business ecosystem in the country. an official statement said.
A memorandum of understanding (MoU) in this regard was signed on Tuesday between Gujarat International Finance Tec-City Company Ltd (GIFTCL) and TiE, a global non-profit organization and network dedicated to fostering entrepreneurship.
Under the MoU, a collaborative framework will be established between GIFTCL and TiE to promote innovation, attract investments and create an enabling environment for businesses in India through GIFT City, the statement said.
The partnership aims to boost economic growth and provide significant employment opportunities, according to a statement from GIFT City, India's only International Financial Services Center (IFSC).
Areas of cooperation under the MoU include facilitating GIFT City as the preferred destination for TiE members and portfolio companies, providing regulatory guidance and advisory support, helping to obtain necessary approvals, licenses and space allocation, and offering access to GIFT City's world-class infrastructure. facilities, he said.
Both parties will also engage in joint promotional and branding activities, collaborate on research studies and publications, and conduct outreach programs targeting entrepreneurs and investors interested in the Indian market.
This committee will meet periodically to discuss progress, address challenges, and explore new opportunities. There will also be an annual entrepreneurship summit at GIFT City involving the broader TiE network.
Tapan Ray, CEO of GIFT City and Group CEO, said: "We are delighted to partner with TiE, a global leader in entrepreneurship. The collaboration will enable us to attract top-notch entrepreneurs and companies to GIFT City, further solidifying our position as a leading financial company and technology services center.
A memorandum of understanding (MoU) in this regard was signed on Tuesday between Gujarat International Finance Tec-City Company Ltd (GIFTCL) and TiE, a global non-profit organization and network dedicated to fostering entrepreneurship.
Under the MoU, a collaborative framework will be established between GIFTCL and TiE to promote innovation, attract investments and create an enabling environment for businesses in India through GIFT City, the statement said.
The partnership aims to boost economic growth and provide significant employment opportunities, according to a statement from GIFT City, India's only International Financial Services Center (IFSC).
Areas of cooperation under the MoU include facilitating GIFT City as the preferred destination for TiE members and portfolio companies, providing regulatory guidance and advisory support, helping to obtain necessary approvals, licenses and space allocation, and offering access to GIFT City's world-class infrastructure. facilities, he said.
Both parties will also engage in joint promotional and branding activities, collaborate on research studies and publications, and conduct outreach programs targeting entrepreneurs and investors interested in the Indian market.
This committee will meet periodically to discuss progress, address challenges, and explore new opportunities. There will also be an annual entrepreneurship summit at GIFT City involving the broader TiE network.
Tapan Ray, CEO of GIFT City and Group CEO, said: "We are delighted to partner with TiE, a global leader in entrepreneurship. The collaboration will enable us to attract top-notch entrepreneurs and companies to GIFT City, further solidifying our position as a leading financial company and technology services center.
