Get All Access for $5/mo

JK Paper And AIC-JKLU Partners To Run Sustainable Biomaterial Based Solutions–Accelerator Program The programme comes with funding opportunities to unlock the potential for securing investment or acquisition offers from JK Organisation

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

AIC-JKLU announced the 'Sustainable Biomaterial Based Solutions–Accelerator program' in collaboration with JK Paper, where national and international startups will have the opportunity to work on specific problem statements that Indian paper industries are going through and develop innovative products and solutions.

This programme is a strategic partnership between AIC-JKLU and JK Paper to enroll a cohort of startups for working on a problem statement where the startups will be mentored and supported to develop innovative solutions to improve the product/process or service pertaining to paper industries.

As per an official statement, with this programme, AIC-JKLU is inviting Indian and International startups to address 2 problem statements which are (i): Lignocellulosic biomass-based value-added product/solutions as a replacement for fossil-derived materials for application in (but not limited to) industries such as healthcare, pharma, textile, biomaterials, packaging, energy, etc. with raw material available in India (ii) Value-added bio-based products from existing Pulp and Paper manufacturing sites (using hardwood and Kraft pulping process) leveraging input, side and/or waste streams.

The programme claims to provide startups with expert mentorship as they can benefit from the guidance of industry veterans, experienced entrepreneurs, and subject matter experts. Additionally, it also comes with funding opportunities to unlock the potential for securing investment or acquisition offers from JK Organisation.

This partnership will help build innovations which will help the paper industries, in particular, and society in general and will also positively impact environmental sustainability, the statement noted.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Growth Strategies

Learn business by doing business across the Globe: The next revolution in Entrepreneurship

As the startup ecosystem sees an influx of new entrepreneurs, the question arises: Is our current business education sufficiently equipping students for the entrepreneurial challenges they will face?

News and Trends

Will Nirmala Sitharaman Go Soft on Crypto in Her 2nd Term as FM?

This harsh treatment coupled with India's decision to not yet ban the currency has left many in a fix. So, what does the coming times mean for crypto players in India?

Health & Wellness

Get a Year of Unlimited Yoga Class Downloads for Only $23 Through June 17

Regular exercise has been proven to increase energy and focus, both of which are valuable to entrepreneurs and well-known benefits of yoga.

Marketing

6 Cost-Effective Ways to Acquire Brand Ambassadors

Boost your brand's visibility and credibility with budget-friendly strategies for acquiring brand ambassadors.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Making a Change

Mastering Resilience: Learn to Detach Mistakes from Your Self-Worth with Darrell Vesterfelt

A moment of crisis led to his partners asking him to step away from one of the businesses that he co-founded