In a move that will change the trajectory of Indian startups globally, the Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur has partnered with NMexus, a new business accelerator and commercialization hub in Albuquerque, New Mexico, USA.
Unveiled at the SelectUSA Investment Summit by New Mexico Governor Michelle Lujan Grisham, NMexus is designed to attract foreign direct investment (FDI) and facilitate the smooth entry of international companies into the US market. This bilateral initiative is a first in global startup collaboration and reflects India’s growing focus on cross-border innovation.
IIT Kanpur and NMexus Partnership Details
Under the MoU signed in April 2025, SIIC IIT Kanpur will provide NMexus with a curated list of high-quality, market-ready startups from India. In return, NMexus will offer these startups entry-point support into the North American ecosystem including soft-landing infrastructure, mentorship, regulatory compliance assistance and business development services.
“This partnership with NMexus fits perfectly with our vision of making SIIC a global launchpad for deep-tech ventures,” said Prof. Deepu Philip, Professor-in-Charge, SIIC, IIT Kanpur. “It will allow our innovators to access international markets more easily and position Indian technology on the world stage.”
Anurag Singh, CEO of SIIC, added: “Through NMexus we are building a bridge between Indian innovation and US opportunity. This will open new doors for our startups – the critical infrastructure and support to scale globally and sustainably.”
Innovation Districts for Global Collaboration
Located in the fast-growing Mesa del Sol innovation district, NMexus is the first of its kind in New Mexico and will support up to 40 companies annually. With an expected economic impact of over USD 400 million (~INR 3,415 crore) and creation of around 1,500 jobs over the next five years, NMexus is not just a business accelerator – it’s a catalyst for economic transformation.
Startups from India, Middle East, Europe and Asia will benefit from NMexus’s robust ecosystem – an infrastructure designed to help high-potential companies navigate the complex landscape of US market entry, compliance and growth.
SIIC: Pioneer in Startup Enablement
SIIC, the Startup Incubation and Innovation Centre at IIT Kanpur is one of the oldest and most active incubators in India, known for deep-tech innovation and comprehensive support. With funding, mentorship and strategic partnerships both domestic and international, SIIC has been instrumental in building startups that combine technological rigor with entrepreneurial ambition.
IIT Kanpur
Founded in 1959 and declared an Institute of National Importance, IIT Kanpur has a legacy of excellence in science, engineering and interdisciplinary research. With 19 departments, 26 centers and over 590 faculty members serving more than 9,500 students, the institute is a hub of innovation, thought leadership and technological advancements.
Its campus, sprawling over 1,050 acres, is a melting pot of research, design, and innovation—an ecosystem from which SIIC derives both talent and vision.
Significance of SIIC and NMexus Partnership
The IIT Kanpur and NMexus partnership is more than a MoU—it’s a growing trend of internationalization of Indian startups. As India wants to have a bigger share of global market, such initiatives will lay the foundation for a smoother, more resourceful expansion path.
By combining the academic and technological heritage of IIT Kanpur with NMexus’s business acceleration framework, the partnership brings together the best of both worlds—East and West, innovation and execution, vision and scale.
Conclusion
As countries look beyond borders to build innovation driven economies, partnerships like SIIC-NMexus are not just timely—they are game changing. For Indian startups, this could be the beginning of a new era where going global becomes an accessible, well supported reality rather than a distant dream.
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