NEW DELHI: Digital Media Zone at Ryerson University of Canada and Bombay Stock Exchange have signed an MOU to help start-up companies of the two countries cutting across sectors to acces each other's markets.
The MOU between DMZ, one of Canada's largest incubators, was signed by Sheldon Levy, President and Vice Chancellor of the Ryerson University and Bombay Stock Exchange at Mumbai on July 29.
Levy told PTI today that the incubators, which started in one room in Ryerson University three years ago, will now be a bridge for Canadian start-ups looking to expand to India as well as Indian start-ups seeking to enter the Canadian market.
He said Digital Media Zone has partnered with Bombay Stock Exchange ( BSE) in a new initiative to expand the reach of the digital economy in the two countries and it would help in strengthening ways to support young Indian innovators and entrepreneurs through partnerships.
Levy said these partnerships would also create new links between India and Canada and support young businesses.
He said DMZ has existing partnerships with several schools in India, including the Indian Institute of Technology, Bombay, Indian Institute of Technology, Madras and Indian School of Business, Hyderabad.