Academia-Industry collaboration is the key to technological advancement and useful innovation for the modern civilization. The American International University – Bangladesh [AIUB] has always moved forward with that very notion in mind. On the 16th of August 2018, AIUB’s Faculty of Engineering signed a Memorandum of Understanding [MoU] with Streams Tech Ltd. [STL], an established software development company, providing full-cycle software engineering, custom application development and system integration services, adding another valuable platform to its existing partnerships that enable its students and faculties to integrate theoretical learning with practical implementations. The signing ceremony was presided over by the Dean of the Faculty of Engineering, Prof. Dr. ABM Siddique Hossain, together with the Associate Dean, Prof. Dr. Md. Abdur Rahman, and the Head of the Undergraduate Program, Prof. Dr. Mohammed Abdul Mannan. Senior Assistant Professor & Special Assistant to the Office of Student Affairs [OSA], Mr. Akram Hossain Chowdhury, and Assistant Professors, Mr. Abu Hena Shatil and Mr. Ahmed Mortuza Saleque were also present. Streams Tech Ltd. was represented by their Head of Business Development, Mr. Kazi Shahed Nabi, along with their Senior Environmental Engineer, Mr. Adil Hassan, and their Business Communication Coordinator, Mr. Mahpara Rob. The initial project has been agreed upon by both parties to realize the MoU on “Energy Efficiency & Demand Management”, which aims to develop the electrical power sector of the country. Together, AIUB and STL will be pooling its resources to coordinate, plan, monitor, evaluate, integrate, and manage the research and development activities of the EPRC Research Funding. With the prospective potential such a collaboration promises, both AIUB and STL is optimistic on the positive outcomes that is expected from the projects, not just for their respective stakeholders, but the nation as a whole. Both institutions look forward to building a long-term partnership that evolves the engineering industry as well as the technology that we need to truly become a Digital Bangladesh.