HYSEA and Montgomery County, Maryland Signs a Strategic Economic Development MoU

Hyderabad Software Enterprises Association (HYSEA) and Montgomery County, Maryland has signed an MoU, announcing the strategic partnership in nurturing the startup and innovation ecosystem in both Montgomery County, Maryland and Hyderabad, India. Cigniti Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company played an instrumental role in bringing both the bodies in signing the MoU.

HYSEA and Montgomery County, Maryland Signs a Strategic Economic Development MoU

Hyderabad, November 1, 2023: Hyderabad Software Enterprises Association (HYSEA) and Montgomery County, Maryland has signed an MoU, announcing the strategic partnership in nurturing the startup and innovation ecosystem in both Montgomery County, Maryland and Hyderabad, India. Cigniti Technologies, the world’s leading AI & IP-led Digital Assurance and Digital Engineering services company played an instrumental role in bringing both the bodies in signing the MoU.

This partnership would facilitate interactions among startups, corporations, academic institutions, and other stakeholders in these two growing regions, to fortify the business ecosystems and enhance business growth support resources available to enterprises in both countries.

The MoU between Montgomery County and HYSEA has been signed in the presence of C V Subramanyam (Chairman & MD, Cigniti);  Marc Elrich (County Executive, Montgomery County), Manisha Saboo (President, HYSEA), Pavan Bezwada (Commissioner, Maryland Governors Commission on South Asian American Affairs); Sairam Vedam (Chief Marketing Officer, Cigniti) along with other Cigniti and HYSEA leaders.

The event was attended by 60+ delegates focused on Software and IT services, and advanced digital technologies (i.e., AI, IoT, satellite, MedTech, hospitality tech, robotics) to explore opportunities for technology collaboration and local economic growth.