CHENNAI:
Tamil Nadu Technology Hub (iTNT Hub) has inked a Letter of Intent with The University of Melbourne to build cross-border innovation ties between India and Australia, aiming to deepen collaboration across startups, academia and industry.
The agreement, exchanged here on Thursday, lays the groundwork for a three-year partnership that seeks to accelerate technology transfer, co-develop innovation programmes and strengthen investment and mentorship networks between the two ecosystems.
The LoI was signed by the University’s Deputy Vice-Chancellor (Global, Culture and Engagement) Michael Wesley and iTNT CEO Vanitha Venugopal, in the presence of Tamil Nadu IT Minister Palanivel Thiaga Rajan, IT Secretary Brajendra Navnit and Australia’s Consul General Silai Zaki.
Under the partnership, the two institutions plan to launch joint accelerator programmes, facilitate startup and mentor exchanges, and host expert-led sessions to spur entrepreneurship and research collaboration. The initiative will also focus on building peer-learning networks and expanding investor engagement to give startups greater access to global markets.
“This LoI aims to build a strong cross-border innovation ecosystem connecting startups, academia and industries in India and Australia,” Vanitha Venugopal said. “Grounded in mutual trust and equality, both institutions will operate independently while pursuing shared innovation goals. The agreement ensures sustained cooperation and measurable impact over the next three years.”
Professor Wesley said the collaboration would open avenues to tackle shared challenges in areas such as health, environment and social development. “Mutually beneficial exchanges between the University of Melbourne and the innovation ecosystem of iTNT Hub will provide rich opportunities for co-creation and development,” he said.
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