IIIT Hyderabad signed MoU with EBTC to establish a Living Lab

International Institute of Information Technology (IIIT) Hyderabad signed a memorandum of understanding (MoU) with the European Business & Technology Centre (EBTC).
Vamsi Athreya

Updated: Oct 16, 2019 12:34:09 pm

IIIT Hyderabad signed MoU with EBTC to establish a Living Lab

16 October 2019 Current Affairs:International Institute of Information Technology (IIIT) Hyderabad signed a memorandum of understanding (MoU) with the European Business & Technology Centre (EBTC). The agreement aimed to establish a Living Lab on the institute’s campus. The lab will be set up by the end of 2020. The agreement will seek help from the Amsterdam Innovation Arena program, Netherlands.

Living Lab:
♦ The lab will help startups gather real-time data on urban infrastructure. 
♦ It will help startups to develop Smart Cities products that are on sustainable urban development.
♦ The institute will help the startups to test their products on the campus.

European Business & Technology Centre (EBTC):
EBTC was established in 2008. It is co-funded by the European Union (EN). It is headquartered in New Delhi. It is coordinated by EUROCHAMBRES, the Association of European Chambers of Commerce and Industry. It aims to promote European technologies and innovations to suit the local needs in India through various projects, programs, and initiatives by enabling Indo-European collaborations.
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