Venture Center, a not-for-profit technology business incubator hosted by CSIR’s National Chemical Laboratory, is collaborating with Ansys Software to support technology start-ups. 

As per the terms of the MOU, Ansys will make available a pool of its simulation software licenses to eligible start-ups, and Venture Center will provide the appropriate computing infrastructure and setup required. Ansys has also extended support to Venture Center under its Corporate Social Responsibility program to support start-ups.

According to Ansys’ area vice president for India and South Asia Pacific, Rafiq Somani, the Ansys Startup Program provides early-stage start-ups access to multi-physics simulation software along with the expertise of its staff in solving complex problems. “Start-ups in the program have benefited in several ways—from accelerating innovation at a limited cost to securing additional funding for future projects. Engineering start-ups in India have demonstrated strong potential to innovate and scale up for both India and the global market,” he added.

The Ansys Startup Program provides early-stage start-ups with access to multiphysics simulation software coupled with high-performance computing to help them tackle their engineering challenges quickly and cost-effectively. Since the program’s inception, over 1,950 start-ups from 58 countries have joined the program, spanning the autonomous, high-tech, energy, aerospace and defence, automotive, communications, healthcare, and other industries.

Since its inception in 2007, Venture Center, a technology business incubator, specialises in supporting technology start-ups in the areas of materials, chemicals and biological sciences and engineering. Offering services like high-end resource centres and scientific facilities under one roof, it has supported over 600 entrepreneurs and is home to more than 70 resident start-ups. 

“Our aim at Venture Center is to empower and enable scientists and engineers in pursuing technology, innovation and entrepreneurship objectives in the Pune region,” said Dr. Premnath Venugopalan, director at Venture Center and head of NCL Innovations. “In 2023, Pune is ranked closely with Chennai and Delhi in terms of start-up funding, and Ansys’ multiphysics simulation software, coupled with high-performance computing, is the right technological push for early-stage start-ups here to be on par with the rest of the country.”

With Ansys’ multiphysics simulation software, Venture Center can provide technical mentoring and product ideation support to the Venture Center-affiliated incubator companies during their ideation stage. Start-ups can benefit from using engineering simulation to assess and speed up product design and development, accelerating time-to-market.