Monday, Sep 24 2018 | Time 08:53 Hrs(IST)
image
  • New US, China tariffs set to take effect, no compromise in sight
  • Opposition leader Solih says he has won Maldives election
  • Cuba's new president makes first trip to old Cold War foe United States
  • Opp Presidential candidate Solih wins Maldives polls: Reports
  • Maldives opposition candidate says he has won presidential election
  • Asia Cup : Rohit, Dhawan guide India to victory
Business Economy Share

Polymer major Covestro collaborates with start-ups to foster innovation

New Delhi, July 11 (UNI) Polymer manufacturing major Covestro is collaborating with start-ups to foster innovation.
As a first move in the direction, the materials manufacturer is collaborating with Plug and Play to explore opportunities in materials innovation and digitalisation.
Silicon Valley-based Plug and Play is among the world’s largest start-up accelerators and innovation centres. The organisation connects start-ups with corporations. That gives entrepreneurs access to resources and longer existing company’s access to cutting-edge solutions for specific vertical markets.
Covestro recently signed on as a participating corporation in the New Materials & Packaging platform of Plug and Play.
The firm also has opportunities to collaborate with entrepreneurs in other industry-specific vertical platforms of the accelerator, such as Mobility, the Internet of Things and Health & Wellness, a company statement said.
'We are intensifying our active cooperation with international start-ups from different angles. The partnership with Plug and Play is a very important proof point,' Head of Innovation management at Covestro Dr Hermann Bach explained.
He said by working closely with start-ups in sustainable materials, data-driven business models and digital services today, the company is staying on top of tomorrow’s trends while working to solve the challenges of the future.
Commenting on the initiative, Plug and Play CEO Saeed Amidi, said,'Covestro is gaining a fresh perspective while start-ups can take advantage of their global expertise and materials. We are very pleased to have them on board.'
Plug and Play is the latest example of Covestro’s commitment to foster a more entrepreneurial and collaborative culture. Recently, five international start-ups have been awarded the Resource Innovator Award 2018 initiated by Covestro.
UNI JPG RP2015
More News

Walmart-Flipkart deal will adversely affect small traders: CAIT

23 Sep 2018 | 6:29 PM

New Delhi, Sep 23 (UNI) Small businesses across the country will participate in Bharat Trade Bandh on September 28 against Walmart Flipkart Deal & FDI in retail trade under the umbrella of the Confederation of All India Traders (CAIT).

 Sharesee more..

City industrialist Purnachandra Rao elected as National VP for IACC

23 Sep 2018 | 5:00 PM

Hyderabad, Sept 23 (UNI) Hyderabad-based industrialist, Purnachandra Rao Surapaneni has been elected unanimously as National Vice President of the Indo-American Chamber of Commerce (IACC).

 Sharesee more..

Punjab Infotech launches three weeks 'certificate course in business first portal'

23 Sep 2018 | 4:41 PM

Chandigarh, Sept 23 (UNI) In a bid to familiarise the entrepreneurs and investors keen in making investments besides assisting new and existing industries in availing various regulatory and fiscal incentives online, the Punjab Infotech in sync with Industries and Commerce Department has launched a three weeks 'Certificate Course in Business First Portal'.

 Sharesee more..
Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

Fuel prices on rise; petrol inches closer to Rs 90 p/l in Mumbai

23 Sep 2018 | 3:33 PM

New Delhi, Sept 23 (UNI) Fuel prices witnessed another hike on Sunday when petrol prices in Delhi, increased by 17 paise per litre and diesel by 10 paise per litre.

 Sharesee more..

Rajiva Kumar Sinha appointed head of NTPC Kudgi Super Thermal Power Project

23 Sep 2018 | 3:17 PM

Bengaluru, Sep 23 (UNI) Mr Rajiva Kumar Sinha has assumed charge as Group General Manager (Head of Project) Kudgi Super thermal Power Project in Bijapur district of Karnataka.

 Sharesee more..
image