Bring Your Research To Market
Convert EU research projects into business through the 'RIB' model
EBTC's 'Research to Innovation to Business' (RIB) initiative aims to facilitate the process of converting EU research projects into innovative and sustainable business, by promoting links and creating networks between EU and Indian research, business, institutions, and entrepreneurs.
The RIB process is an integral part of the Strategic Research Agenda between EU and India. Furthermore, EBTC is a part of the Industry Stakeholder Group, being implemented as part of the Strategic Research Agenda, as described in the official communiqué of the Indo-European Research and Innovation Partnership Conference, held in Brussels on May 31, 2012.
The RIB initiative can support EU based institutions as well as entrepreneurs as per the following process:
- Development of local business models and strategies.
- Creation of linkages with relevant stakeholders including technology partners.
- Access to financial networks including venture funds.
Stage 1: Research & Innovation | Stage 2: Transition |
Stage 3: Business |
Exploring joint EU-Indian product or solution development is the first step to transitioning European solutions to the Indian market:
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A challenging phase made easier through EBTC's expertise and expert networks that provide technology management for EU solutions to be adapted, deployed and applied in India.
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EU entrepreneurs can work with Indian counterparts to leverage projects and funding sources. RIB will be creating a network of Indian and European entrepreneurs and financial organisations interested in investing in projects and joint ventures.
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