HomeNewsAnsys, Venture Center Signs MOU To Develop Startup Simulation Center

Ansys, Venture Center Signs MOU To Develop Startup Simulation Center

Most Read

Venture Center, a not-for-profit technology business incubator hosted by CSIR’s National Chemical Laboratory, is collaborating with Ansys Software Private Limited (Ansys, NASDAQ: ANSS) in India, a leading engineering simulation software company, to provide support for technology startups.

As per the terms of the MOU, Ansys will make available a pool of Ansys simulation software licenses to eligible startups, and Venture Center will provide the appropriate computing infrastructure and setup required. Ansys has also extended support to Venture Center under its Corporate Social Responsibility program to support startups.

- Advertisement -

“The Ansys Startup Program has helped numerous successful startups globally to design innovative products. Startups in the program have benefited in several ways – from accelerating innovation at a limited cost to securing additional funding for future projects. Engineering startups in India have demonstrated strong potential to innovate and scale up for both India and the global market. The Ansys Startup Program provides early-stage startups access to multiphysics simulation software along with the deep expertise of Ansys staff in solving complex problems,” said Rafiq Somani, Area Vice President ‒ India and South Asia Pacific, Ansys. “As one of India’s leading business incubators dedicated to promoting and backing technology innovation and science entrepreneurs, we are delighted to partner with Venture Center to provide support to early-stage technology startups.”

The Ansys Startup Program provides early-stage startups with access to multiphysics simulation software, coupled with high-performance computing to help them tackle their engineering challenges quickly and cost-effectively. Since the program’s inception, over 1,950 startups from 58 countries have joined the program, spanning the autonomous, high-tech, energy, aerospace & defense, automotive, communications, healthcare, and other industries.

Venture Center is a national award-winning technology business incubator that is dedicated to promoting and supporting technology innovation and technology entrepreneurs/startups. Venture Center specializes in supporting technology startups in the areas of materials, chemicals, and biological sciences & engineering, and offers a range of services, high-end resource centers, and state-of-the-art scientific facilities under one roof. Since its inception in 2007, Venture Center has supported over 600 entrepreneurs and is home to more than 70 resident startups at any time, making it India’s largest science business incubator.

“Our aim at Venture Center is to empower and enable scientists and engineers in pursuing technology, innovation, and entrepreneurship objectives in the Pune region,” said Dr. Premnath Venugopalan, Director- of Venture Center and head- NCL Innovations. “In 2023, Pune is ranked closely with Chennai and Delhi in terms of startup funding, and Ansys’ multiphysics simulation software, coupled with high-performance computing, is the right technological push for early-stage startups here to be on par with the rest of the country.”

With Ansys’ multiphysics simulation software, Venture Center can provide technical mentoring and product ideation support to the Venture Center-affiliated incubator companies during their ideation stage. Startups can benefit from using engineering simulation to assess and speed up product design and development, accelerating time-to-market.

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

UK Housing Market Grinds to a Halt as Rates Bite

Britain’s once-thriving housing sector is now flatlining amid a tightening chokehold of astronomical mortgage rates. New data reveals house...

Tech Mahindra Set up Innovation Centre In Espoo Finland

India-based multinational technology company, Tech Mahindra has today inaugurated its innovation centre in Espoo, Finland. The new centre will accommodate...

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Starmer Pledges New EU Pact to Stem Channel Migrant Crisis

UK Labour leader Sir Keir Starmer has proposed a plan to improve cooperation with the European Union to address...

The Digital Revolution in Interior Design

The fast-innovating and transforming world of interior design is well-embracing digital technology, and artificial intelligence (AI) is altering the...

5 Reasons Why You Should Focus On Mobile Marketing

In this era of digital marketing, mobile marketing has become the new normal. We can not live a single...