RCOEM signed a memorandum of understanding (MoU) with The Indus Entrepreneurs Nagpur (TiE Nagpur) to build and support innovation ecosystem in the region. The MoU paves way for collaboration for promoting innovation and entrepreneurship in the region. RCEOEM and TiE Nagpur are going to work together in conducting entrepreneurial events, mentoring and workshops, and business competitions in focused thrust areas, identifying the start-ups and helping their scaling operations through structured mentoring and interventions. RCOEM has established RCOEM TBI Foundation, a Section 8 company to promote innovation, nurture entrepreneurship and startups in the institute, informs a press release.