Financial

GIFT City announces the launch of Fintech Institute and Innovation Hub

by Psu Connect
Date: 15-11-24

GIFT IFIH aims to provide essential resources, expert mentorship, and expansive networking opportunities to start-ups, offering them a dynamic space to scale and succeed in a competitive fintech landscape.

Gujarat International Finance Tec-City (GIFT City), announced the launch of the GIFT International Fintech Institute (GIFT IFI) and the GIFT International Fintech Innovation Hub (GIFT IFIH)—a dedicated fintech incubator and accelerator, supported by the Asian Development Bank (ADB).

The GIFT IFI will be led by a distinguished consortium comprising Ahmedabad University, in collaboration with IIT Gandhinagar and the University of California, San Diego, stated an official release.

The training programs, set to commence in January 2025, are designed to equip professionals with industry-aligned skills essential for the modern financial sector. The institute will empower the next generation with the capabilities needed to excel in high-growth careers in global finance.

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GIFT IFIH aims to provide essential resources, expert mentorship, and expansive networking opportunities to start-ups, offering them a dynamic space to scale and succeed in a competitive fintech landscape. The GIFT IFI and GIFT IFIH are specifically designed to meet several critical goals that will shape the fintech sector in India.

First, they will offer training programs aligned with international industry standards, building an environment conducive to start-up incubation and acceleration. A particular focus will be placed on supporting women entrepreneurs and promoting an inclusive ecosystem that encourages diverse talent and perspectives.

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Additionally, the initiatives will drive applied research to create fintech solutions, bridging the gap between academic research and industry needs. These initiatives will encourage industry partnerships that strengthen innovation capacity and sector competitiveness, cementing GIFT City’s reputation as a center for global fintech excellence.

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