AAEIO launches Innovation Hub
The hub was launched in partnership with both the country’s governments and leading education institutions, such as Northwestern University and Purdue University.
FREMONT, CA: The American Association of Engineers of India Origin (AAEIO) has launched the AAEIO Innovation Hub to help engineers commercialize critical technologies available with leading agencies in the United States and India.
The hub was launched in partnership with both the country’s governments and leading education institutions, such as Northwestern University and Purdue University. The hub was inaugurated in Chicago at AAEIO’s holiday party. Dignitaries such as AAEIO President Gladson Varghese, President-Elect Ajit Pant, VP Nitin Maheshwari, and other board members were present at the inauguration, along with US representative Bill Foster, who represents Illinois’ 11th district in the house.
Dr. Deepak Vyas, CEO of Redberri Group, highlighted that the US space agency NASA has over 16,000 technologies that are yet to be commercialized, and AAEIO can be at the forefront of the innovation required to bring them to global markets. As part of the center, AAEIO has set up a fund where state and other grants can be used in conjunction with the associations’ startups and corporates. Regular members can also utilize the fund on selective technologies. Dr. Promod Vohra, President of ProBys and former engineering dean of Northern Illinois University, reiterated the need for engineers and educators to work in tandem and address the current technological challenges. Vohra also requested AAEIO to improve its engagement, innovation, and education programs for Indian-origin engineers. The association swiftly became a major force in the last four months and will continue to witness such exponential growth. President Gladson Varghese said that he is excited about the future of the association, which will have over 10,000 members in the next decade.
Starting January 2022, AAEIO will host bi-monthly breakfast events where keynote speakers will lecture on topics related to digital transformation, cryptocurrency, and more. A spring startup event will be held in Chicago where venture capitalists and CEOs will come together, and Microsoft CEO Satya Nadella is invited to the event.