IEITCP is a joint initiative of the Department of Science and Technology, Govt.of India, Federation of Indian Chambers of Commerce and Industry (FICCI)to identify &scale validated Indian technologies/ innovations in Ethiopia, by facilitating G2G, B2G and B2B engagements.
The Ministry of Innovation and Technology, Federal Democratic Republic of Ethiopia, is the implementation partner on behalf of the government of Ethiopia.
IEITCP aims to identify and utilize 50 validated Indian technologies/innovations over five years, culled through a unique and rigorous evaluation process to create sustainable joint projects/ventures in Ethiopia. The programme will create an ecosystem wherein Indian innovations and technology enterprises drive B2B/B2G business ventures with Ethiopia, propelling growth in India and Ethiopia.
The programme aims to achieve the following key objectives:
Companies registered in India& running a sustainable business with operations in India &/or overseas and keen to collaborate with Ethiopianentrepreneurs, are welcome to apply.
As identified in conjunction with the Ministry of Innovation and Technology, Federal Democratic Republic of Ethiopia; following are the sectors for which we seek applications:
IEITCP is looking for validated technologies/innovations, which have already been commercialized in India& that have demonstrated operational proof of their technology/ innovation. The Programme is not for early stage technologies that are in the proof of concept or prototype stage.
The Programme will provide capacity building and business acceleration support to the matched Indian entrepreneurs. Furthermore, hand-holding the Indian companies to be associated with able partners from Ethiopia, for scaling their business operations. The Programme does not commit any direct financial aid/ funding support to the matched partnerships.
The Programme will provide capacity building, business development support and hands-on training to the match-made Ethiopianentrepreneurs.Furthermore, hand-holding the Ethiopian companies to be associated with able partners from India, for adaption of the technologies within Ethiopia & further scaling it. The Programme does not commit any direct financial aid/ funding support to the matched partnerships.
Although it is not mandatory, it would be an added advantage if the Indian enterprise has applied for/has been granted IP protection.