Most students graduating from Indian universities are not job ready and struggle to get employed. On the other hand, start-ups don’t have access to the high-quality talent they need, and product development takes more time and money. This scenario for academic-industrial collaboration puts India at a significant disadvantage vis-à-vis other countries with whom we compete internationally.
Joule Labs is an initiative from Smart Joules Pvt. Ltd. in response to this challenge. It aims to foster structured and outcome-oriented collaboration between startups and universities, and position India as a global leader in technical innovation by enabling skill-development and increasing job-placement among participating students, enhancing reputations of participating universities and accelerating the pace of development for startups.