“AIC STPINEXT INITIATIVES” is a section 8 company incorporated by STPI to act as the nodal agency and common implementation vehicle for various startup and entrepreneurship activities at STPI.
Some of these activities are:
STPI’s aim to build vibrant pan-India start-up eco-system aSTPI and Atal Innovation Mission (AIM), NITI Aayog are collaborating together to build an AIC STPI Bengaluru in Bengaluru for innovative start-ups working in specific domains.
The AIC aligns with STPI’s well as with shared vision of NITI Aayog to support, promote and grow culture of innovation leading to start-ups & successful entrepreneurs. STPI Bengaluru AIC’s focus area will be IoT and its applications in Health & Pharmaceuticals, E-Commerce, BigData, Artificial Intelligence etc.
The STPI-AIC spread over 10,000 sqft shall be equipped with state-of-the art physical infrastructure, lab, common office facilities along with a dedicated team for conducting hackathons, idea challenges, workshops, trainings, technical & business mentoring sessions, assisting start-ups in the matters of IPR filing, legal, accounting etc. With target to incubate about 65 innovate disruptive technology start-ups over a period of 5 years, the AIC shall be a major contributor in promotion of start-ups & entrepreneurs.
To ensure India builds leadership in the emerging sectors of IOT, Block Chain, FinTech, Artificial Intelligence, Augmented & Virtual Reality, Medical Electronics, Health Informatics, Gaming & Animation, Machine Learning, Data Science & Analytics, Cyber Security, Chip Designing, ESDM etc. and to build next wave of budding entrepreneurs, Honorable Minister of Electronics & IT announced setting-up of domain centric “Centers of Excellence” (CoEs) by STPI in collaborative manner across India. Accordingly, STPI is setting-up CoEs in emerging technologies in collaboration with suitable partners in various parts of country.
The CoEs aim at providing comprehensive structural & fundamental support including lab & incubation, training, mentoring, hand-holding, funding etc. through a joint collaborative effort of Govt of India, State Govt, Industry, Academia, Domain & Technology experts etc.
Working in unison, the CoEs shall give a major impetus to Indian start-ups and overall technology industry of the country.
Follwowing CoEs are currently active:
MOTION, an Automotive Centre of Excellence (CoE) in Autonomous Connected Electric Shared (ACES) Mobility by STPI at Pune, with specialized state-of-the-art incubation facility and physical laboratories for start-ups in the area of Autonomous Connected Electric Shared Mobility where the highest-standards and best-practices in terms of infrastructure, technology, leadership, mentoring, training, research & development, funding, networking for the given focus area is made available.
STPI Neuron, a Centre of Excellence in AI/Data Analytics, IoT and AVG is setup in collaboration with Govt. of Punjab, ISB-Mohali, PTU and Meity. This is an initiative, to identify and evaluate promising start-ups in the field of AI/Data Analytics, IoT and AVG that will be hosted in the Startup Punjab Hub@STPI Mohali Incubation Facility. Startup Punjab Hub@STPI Mohali will have dedicated 500 seats co-working space and dedicated labs for AI/Data Analytics, IoT and AVG. Apart from physical infrastructure, the hub will have the access to Technocrats mentorship, mentorship programs and VC funding's.
The STPI FinBlue, a Center of Excellence in FinTech, is organising a start-up Pitchfest funded by the Government of India. This is an initiative, to identify and evaluate promising start-ups in the field of FinTech, that will be hosted in the Incubation facility at STPI Chennai. This Pitchfest is held in association with TiE Chennai, an organisation that seeks to foster the spirit of entrepreneurship and innovation across Tamil Nadu.
CoE- STPI IoT OpenLab aims to support & nurture around 500 start-ups over a period of 5 years. The initiative is expected to contribute to Make-in-India & Digital India programmes of Govt. of India by reducing Electronics imports and recognize value of IP & Technology locally.
The Centre of Excellence (CoE) in ESDM space Electropreneur Park at Bhubaneswar aspires to contribute to the ESDM growth story in India. Through the vision of ‘Design in India’, ‘Make in India’ and the success that Electropreneur Park has had in New Delhi, this CoE aims at creating products and IP in electronic system design and manufacturing sector.
IMAGE CoE is an initiative by STPI at Hyderabad to provide resources such as mentoring, technology support and funding for Gaming, Animation, VFX, Computer Vision and AI start-ups. IMAGE offers integrated programs, CVLAB and GameLab, for start-ups to scale up through its incubation facility.
The IMAGE accelerator program includes premium plug and play co-working space for start-ups and offers access to the ecosystem which comprises of IP owners, mentors, investors and a platform to support GoToMarket strategy.
Augmented Reality (AR) and Virtual Reality (VR) can transform the immersive experience of end users and bring revolutionary changes in various industries by providing a virtual experience of the real world through computer generated imagery. Surge in smartphone usage, technology evolution in audio-visual gaming and application of digital technologies in consumer-centric businesses have revved up the utility of AR & VR across sectors.
Medical electronics & Health Informatics are considered as specialized disciplines that integrate engineering with fields such as clinical practice and biomedical sciences to help clinicians provide better healthcare. Medical electronics offers more benefits besides enabling an individual track information over time. It improves the quality of patient care. Furthermore, demand for advanced healthcare solutions has played an eminent role in the growth of the market worldwide. The growing importance of medical electronics mainly in patient as well as monitoring activities have also kept the market prospects high. The increasing population and growing awareness about wellness have also contributed to the growth of the market. Moreover, increasing number of lifestyle diseases and expansion of healthcare facilities are anticipated to create greater opportunities.
Block Chain is a revolutionary technology which has potential to change the way transactions & communications are done today. Its strengths have already been leveraged by various countries & businesses to a significant extent.
Its uniqueness can be applied in many ways. For e.g. Block Chain can effectively remove the role of any intermediaries in any transaction between two parties (e.g. a stockbroker in equity trading or a registration authority in a property sale/purchase transaction). It can improve any process where people need to access, verify, send or store information securely (e.g. a person’s identity, a product’s shipment history, a digital asset like money).
Block Chain is clearly a very powerful concept and rightly considered the biggest invention since internet. It has huge applicability in the way the Govt & Public Authorities operate and has already been adopted by Financial sector like Banks to a huge extent. It has immense scope for building innovative products & services catering to virtually any area of work or life.
With the above vision, to promote & support Block Chain technology and start-ups working on it, STPI is establishing a Block Chain CoE at Gurugram.
Open Challenge Program: STPI OctaNE is inviting applications from the Startups/ Entrepreneurs for Open challenge Program in domain in IoT in Agriculture, Animation and Emerging Tech-AR/VR under phase -1. Open Challenge Program (OCP) is a platform where a startup gets an opportunity to solve problems through innovative solutions. The objective of Open Challenge Program (OCP) is to identity, recognize & reward aspiring and early-stage tech entrepreneurs. This platform facilitates aspiring entrepreneurs and innovators and their success through strategic networking, seed funding, mentoring, providing support for training, marketing, patenting, access to the CoE labs, tools, software and state-of-the-art incubation facility.
NGIS is a futuristic Incubation Scheme which offers comprehensive support & services to technology start-ups from various STPI incubation facilities pan-India under one common umbrella.
NGIS is being operationalized from across 11 STPI Centres viz. Agartala, Bhilai, Bhopal, Bhubaneswar, Dehradun, Guwahati, Jaipur, Lucknow/Prayagraj, Mohali, Patna & Vijaywada.
NGIS has a dedicated facility for security & vulnerability assessment of products.
NGIS provides benefits of pan-India mentor pool, knowledge sharing, co-learning & networking and continuous capacity building & skill enhancement through seminars, workshops & trainings. Become a beneficiary of NGIS by participating in the ‘All India Start-up Challenges/Hackathons’.
AIC STPINEXT INITIATIVES
1st Floor, Plate-B,
Office Block-1, East Kidwai Nagar,
New Delhi – 110 023
AIC STPINEXT INITIATIVES
AIC STPINEXT INITIATIVES