headlined the Indian Chamber of Commerce’s 1st Sustainability Innovation Summit. The Governor also announced a trilateral partnership between Choose New Jersey, NJIT’s VentureLink, and T-Hub, Hyderabad’s premier incubator for startups. First Lady Tammy Murphy also announced a research collaboration between the University of Hyderabad and Princeton University.
Governor Murphy delivered the keynote address at the 1st Sustainability Innovation Summit, hosted by the Indian Chamber of Commerce (ICC) in partnership with the Telangana State Renewable Energy Development Corporation Limited (TSREDCO), Department of Energy, and Government of Telangana. The Governor spoke about the importance of state-to-state energy collaborations and deepening clean
energy cooperation between New Jersey and Telegana. “Tackling these issues together will pay immense dividends on both sides of the world. Not only can advances here be used to power a strengthening Indian economy and a better life for the people of India, but they can also be put to good work in New Jersey,” said Governor Murphy.
Governor Murphy witnessed the signing of a trilateral MOU between Choose New Jersey, NJIT’s VentureLink, and T-Hub, Hyderabad’s premier incubator for startups. “We are building nothing less than a new innovation ecosystem. We are making the right investments for an economy rooted in innovation – taking our history as the place where the modern world was invented and building upon that to be the place where tomorrow’s world will come to life. Today, T-Hub is taking a first step to helping us write that future and is gaining a great new partner in NJIT in the process,” said Governor Murphy.
The MOU is designed to promote technology and investment exchange between New Jersey and India and support Indian companies looking to expand into the U.S. by providing soft landing facilities at NJIT’s VentureLink. As part of the MOU, NJIT is offering 60 days of free rent to T-Hub companies taking space in the NJIT VentureLink Incubator. T-Hub also announced that three Indian startups will soon have a presence at VentureLink.