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:
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.
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.
Past RIB Activity
The Green Factory of the Future
7th – 8th October 2013, Bengaluru
As part of the RIB initiative, a two-day programme was organised in Bengaluru to present an EU technology that is exploring opportunities for commercialization in India. A select group of Indian industry and researchers were invited to atechnical presentation and discussion on funding, IP and commercialization. This was one of many technology presentations that EBTC is organising under the RIB Initiative, to interact with EBTC's partners, to learn about their research, potential applications, and explore opportunities for commercializing their technologies from Europe, in India.