CURRENT AFFAIRS

Detailed explanation-1: -India’s first Green Technology incubation facility: At the National Institute of Technology (NIT) Srinagar, a technology company incubator centred on green technology (Green Technology incubation facility) called the “Greenovator Incubation Foundation” will soon open.

Detailed explanation-2: -Srinagar, Oct 4 (KNN) India’s first technology business incubation centre based on green technology named “Greenovator Incubation Foundation” is coming up at National Institute of Technology (NIT) Srinagar.

Detailed explanation-3: -Technology Business incubator (TBI) is an entity, which helps technology-based start-up businesses with all the necessary resources/support that the start-up needs to evolve and grow into a mature business.

Detailed explanation-4: -Established Incubation Centres (EICs) In recent years academia, industry, investors, entrepreneurs, government organizations, and non-governmental organizations have taken the initiative to set up incubation centres across the country.

Detailed explanation-5: -India’s first green technology incubation centre called the ‘Greenovator Incubation Foundation’ will soon open at the National Institute of Technology (NIT) Srinagar. The centre is expected to start by the end of 2023. The upcoming centre will focus on topics like AgriTech, EnviroTech, and AlterTech.