About this Challenge

MedTech, Center of Entrepreneurship in the field of MediElectronics and Health Informatics is being set up by consortia comprising of Software Technology Parks of India (STPI), SGPGI Lucknow, Department of IT and Electronics, Government Of UP, Association Of Indian Medical Device Industry (AIMED ), Andhra Pradesh MedTech Zone (AMTZ)). The objectives of setting the same are to boost start-ups in the field of medical equipment/electronics & health informatics, and, to contribute to “Make-in-India” & “Digital India” programs of Govt. of India by reducing Health Care Equipment imports and recognize the value of Health Care Equipment & Technology locally. Apart from physical infrastructure, the CoE will have the access to Technocrat/Medical practitioners mentorship, mentorship programs and VC funding, Legal and IPR support, Marketing assistance etc.

Who Can Apply

Company Type
The start-up must be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)
4. The date of registration/incorporation must not be beyond 10 years.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation. Original Entity An entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity working towards innovation, development, or improvement of products, processes, or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Terms & Conditions

1. Start-ups have to operate from the MedTech CoE Incubation facility at STPI Lucknow CoE at SGPGI.
2. Each start-up will be offered incubation space as per their requirement.
3. Each start-up has to offer designated equity to STPI as per the present valuation.
4. The start-up has to pay designated services charges per seat per month for availing incubation facilities.
5. The incubates under product development and R&D shall be offered discount as per the STPI Incubation Policy.

Focus Areas

Startups having innovative Idea/Product/Solution in following focus area:

1. IoT-Based Health Monitoring System Development and Analysis.
2. Handheld monitors and diagnostic tools.
3. Connected medical devices.
4. Any medical related electronic/IoMT device.

The focus area is not limited to above problem statements only. Any other product/solution which caters to one or more of the domains is invited.

TIMELINE

About this Event

Next Generation Incubation Scheme (NGIS) is STPI’s comprehensive incubation scheme which has a vision to drive the rise of India as a Software Product Nation so as to make India a global player in development, production and supply of Innovative, Efficient and Secure Software Products thus facilitating the growth across the entire spectrum of ICT sector as envisioned in the National Policy on Software Products (NPSP) – 2019.

NextGen Start-up Challenge Contest (CHUNAUTI – Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention) is a series of online Challenges under NGIS.STPI has been strengthening the start-up ecosystem, through policies, initiatives, and creation of 360-degree ecosystem. The current digital era where technology adoption has been high in the urban, educated and high to mid income group population, the rural, less formally educated and low-income group population is still in the digital inaccessibility group. The ecosystem trends also clearly highlight that the sectors contributing significantly towards $1 Tn economy focus on the inaccessibility group. It is also seen that physically disabled population also forms a significant share of digital inaccessibility group. The inaccessibility group mostly resides in and around Tier II and III cities therefore the need is for hyper localized digital products/solution. Accordingly, to boost the localized innovations from Tier II & III cities, through CHUNAUTI 3.0 STPI is looking to identify and support promising startup working towards digital transformation & accessible products/solutions enabling equitable & inclusive growth with focus on sectors like Agriculture, Education, Healthcare & Wellness, Banking & Finance, E-commerce, and Environment etc. As in the previous contests, selected startups would be given physical infrastructure, funding assistance, access to networks, connects, learning and resources that are needed to build a scalable, profitable and global business.

WHO CAN APPLY

The eligibility criteria for a start-up to apply in the CHUNAUTI3.0 program shall be as follows:

1. The challenge invites the proposals/applications from Indian Start-ups# who are working in domain related to software product development.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme.
3. Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate, however, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

#At least 51% shareholding with Indian citizen or person of Indian origin. The applicant’s entity should not be a subsidiary company of any foreign corporation.

Note:

The Start-ups submitting the proposals/applications can be in any of the following stages.

1. Ideation Stage Start-up: An individual or team of individuals has an innovative product idea and wish to focus on developing that idea into a business.
2. Validation Stage Start-up: A validated proof-of-concept exists in a way that the prototype is anticipated to be ready in the foreseeable future.

Alternatively, the prototype is ready and awaiting testing and validation.

3. Early Traction Start-up: The product has been validated and the start-up needs support in establishing itself as a business.
4. Scaling Stage Start-up: The start-up has initial revenue from customers and needs support in scaling its business & product portfolio.

Idea / Product / Solution Focus:

Key Focus Sector:

Startups having innovative Idea/Product/Solution focused including but not limited to the following:

1. Agriculture
2. Healthcare & Wellness
3. Education & Skill Enhancement
4. Financial Services
5. E-governance Solutions – last mile online delivery of services to citizenry
6. Tourism & Hospitality
7. Cyber Security
8. Supply Chain and Logistics

SELECTION PROCESS

Screening, Evaluation & Selection:

√ Designated Committee(s) shall be formed for Screening, Evaluation & Selection.

√ All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.

√ Decision of the designated Committee(s) shall be final & binding on all.

DURATION

√ Duration of NGIS is 3 years.

√ Selected individual beneficiary start-up can avail benefits of NGIS in three phases of Nurture, Develop & market extended over 2 years.

OFFERINGS

1. Ready to work Plug-n-Play incubation space along with highspeed internet access within the constraint of lockdown & thereafter.
2. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
3. Full-fledged security & vulnerability testing of Software Products through the dedicated Software Product Security Testing (SPST) facility.
4. Access to VCs for funding support.
5. Advisory Services such as HR, Legal, Accounting, IPR/Patenting and other support services.
6. Facilities and services including mentoring, networking/industry connects, marketing support, etc. of the pan-India domain specific CoEs of STPI may be leveraged.
7. Mentor, experts, industry network of STPI and MSH.

FINANCIAL INCENTIVES

1. A seed funding of up to Rs. 25.00 Lakhs will be provided through Financial Institution to each beneficiary/supported Start-ups selected through CHUNAUTI under NGIS based on innovative idea, novel solutions, strong team & sound business proposal.
   1. Disbursal of seed fund to Start-ups will be based on milestones achieved, periodic review and recommendations.
   2. Seed funding to Start-ups will be against equity participation by STPI or its affiliate.
2. Start-ups who are in ideation stage may be selected under pre-incubation programme & mentored for up to six months to evolve their business plan & solution around the proposed idea. Each intern (max 3 interns per start-up under pre-incubation) will be paid Rs. 10,000/- per month for a period of up to 6 months.
3. Cloud Credits from leading third-party service providers.

TIMELINE

About

FinBlue – A FinTech Centre of Entrepreneurship & Vibrant Start-up Eco-System – is an initiative by STPI at Chennai to help provide resources such as mentoring, technology support and funding for FinTech start-ups. FinBlue offers an integrated program for start-ups to scale up through its incubation facility. The FinBlue Incubation program includes premium plug and play co-working space for tech start-ups and offers access to the Fintech ecosystem which comprises of user bankers, financial institutions, mentors, investors and a platform to support GoTo Market strategy.

WHO CAN APPLY

Company Type

The start-up must be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008) The date of registration/incorporation must not be beyond 10 years.
4. The challenge invites the proposals/applications from Indian Start-ups who are working in domain related to software product development
5. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme.
6. Individual Academicians, Researchers, Educators, Entrepreneurs, .
7. The final set of companies shall present their business plan to the Selection Committee Panel.

DOMAINS/FOCUS AREA

FINTECH CATEGORIES

1. TRADING
2. BANKING
3. LENDING
4. REMITTANCE
5. INSURANCE
6. RISK AND COMPLIANCE
7. WEALTH ADVISORY
8. FINANCIAL INCLUSIONS
9. SAVING
10. PAYMENT

HORIZONTALS ACROSS THESE CATEGORIES

Digital KYC, Digital/ Document Management, Risk Management Compliance, Regulation, Data Sciences / Big Data / Analytics, Artificial Intelligence/ Machine Learning, Biometrics, Virtual Reality, Blockchain in Financial Services, Security and authentication.

SELECTION PROCESS

1. For ensuring that the best start-ups are selected, a rigorous & stringent screening process shall be followed.
2. Designated committee(s) shall screen & evaluate the applications.
3. The screening & evaluation may be multi-stage.

TERMS & CONDITIONS

Selected startups shall comply with the following.

1. Start-ups can operate from Remote location (Virtual Incubation) or FinBlue Incubation facility at STPI Chennai.
2. The seats at incubation facility can be availed at free of cost to selected resident members.
3. Each start-up has to offer an equity of upto 3% to STPINEXT as per the present valuation.

DURATION

1. Start Date : 7th Feb,2022
2. End Date : 1st April, 2022

OFFERINGS

FinBlue offers an integrated program for start-ups to scale up through the following:

FinBlue SandBox

✔ FinBlue SandBox consists of APIs exchange, Core Banking Software (CBS), Low Code Softwares, Business Analytical & Performance Monitoring Tools and cloud credits.
✔ FinBlue sandbox will provide real time environment to FinTech start-ups in developing and testing their prototypes to production grade FinTech products.
✔ FinBlue sandbox APIs exchange is comprehensive platform to exchange of data between banks, Financial Institution etc, Almost 800 banking APIs are available in this platform.
✔ FinBlue sandbox has been set up in the cloud environment to ensure its scalability and same will be leveraged by the FinTech start-ups.

FinBlue Market Place

✔ FinBlue Market place is part of FinBlue Innovation Network and is designed for start-ups to Experience, Innovate and showcase their Solutions, Products and Services to the stakeholders / CIO’s / CDO’s from Financial Institutions.
✔ The prime objective is to bridge the gap between Buyers need with the Financial Institutions and Start-ups by creating an ecosystem across the world in an effort to becoming Global FinTech Start-up Hub (GFSH). This Marketplace will connect Industry, Investors, start-ups and Knowledge Partners.
✔ FinBlue Market place offers a unique opportunity to meet the domestic & global buyers as well as funding support from the Venture Capitalists (VC).

Plug-n-Play Incubation

✔ The FinBlue Incubation program includes premium plug and play co-working space for tech start-up free of cost for Resident Members.

Mentorship

✔ Responsible for identifying domain specific software tools and offering the same to start-ups.
✔ Deploying full-time resource presence and organizing peer meetings with mentors at regular intervals.
✔ Creating a platform for accessing the mentor through an online portal.
✔ Train/educate start-ups in the fields of research, user experience and business technology courses with cutting edge programming and deep-tech applications.
✔ Support the start-ups for developing Proof of Concept, provide mentoring for designing & development and help start-ups to convert their idea into a reality.
✔ Transforming the start-ups from idea level to Prototype level, Prototype level to MVP (Minimum Viable Product) level, MVP level to GTM level and graduating the start-ups into full-fledged company status.
✔ Providing a multidisciplinary approach in developing innovative products based on identified business challenges
✔ Support for developing, enhancing and piloting start-ups prototype and business model in a collaborative environment.
✔ Conducting needs-based mentoring sessions on legal, compliance, branding, cyber security, tech etc.

Marketing

✔ FinBlue shall carry out effective marketing by organizing knowledge sessions, conducting road shows, creating the FinTech CoE web platform, organizing networking events, conducting social media marketing and connecting relevant service providers.
✔ International events/programs shall be organized to attract global visibility.
✔ Partnerships with key international promotional agencies shall be carried out for cross border collaboration.

Monitoring

✔ FinBlue shall monitor and guide start-ups through dedicated portfolio managers and start-up support executives.
✔ FinBlue shall review and monitor the progress/performance of start-ups periodically and take necessary action as and when required in co- ordination with PM

Funding and investment

✔ FinBlue supports and guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through , equity and debt by leveraging connections with potential customers and CSR/Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.
✔ M/s Pontaq, a UK based funding partner has committed a funding support of $2 million as seed fund for FinBlue.

Additional Services

✔ STPI has signed MoU with M/s NRDC (National Research and Development Corporation) for filing Intellectual Property Rights such as Patenting (Drafting & Filing), Trademark, Copyright and any other IPR related support/legal/statutory support.

Timeline

 

Stakeholders & Partners

About

STPI in collaboration with Atal Innovation Mission (AIM), NITI Aayog have started Atal Incubation Centre in Bengaluru for innovative start-ups working in specific domains. AIC STPI Bengaluru is Centre of Entrepreneurship (Incubator) that work to support, promote and grow culture of innovation leading to start-ups & successful entrepreneurs. AIC STPI Bengaluru focus areas are Healthcare, ICT, IoT , E-Commerce etc.

OCP2.0 i.e Open Challenge Program is part of Cohort to shortlist quality ideas/startups in the following domain/focus areas –

DOMAINS/FOCUS AREA

1. Healthcare
2. ICT
3. IOT
4. E-Commerce

SELECTION PROCESS

Selection process would be organized in three (3) phases:

Phase 1: Application form start-ups are invited through an online contest portal.

Phase 2: Shortlisting/ Screening of Ideas, POCs and solution having strong potential through initial scrutiny.

Phase 3: Selection of startups for this program through pitch-in session.

TERMS & CONDITIONS

Selected startups shall comply with the following.

1. This OCP is part COHORT of Business Incubation Program instead of just competition.
2. Selected Start-ups need to operate from AIC STPINEXT INITIATIVES Bengaluru Incubation Facility.
3. All shortlisted applicants will be considered as Incubatee/ Startups.
4. Onboarded startups shall agree to share suitable Equity model as per AIC STPINEXT INITIATIVES incubation policy.

OFFERINGS

1. Complete Incubation support & Co-working space.
2. Makerspace (Lab).
3. Mentoring support viz Product/Business devp, HR, Legal, Finance, IPR/Patent & other support services.
4. Access to VCs for funding support.
5. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
6. Ready to work P&P incubation within the constraint of lockdown & thereafter.
7. Additional facilities and services of the pan-India domain specific CoEs of STPI may be leveraged.
8. Seed funding of upto Rs. 10.00 Lakhs may be provided to beneficiary/supported Start-ups based on innovativeness of idea, novelty of solutions, strength of team & soundness of business proposal.

Timeline

Stakeholders & Partners

About

CoE- STPI IoTOpenLab 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.

Software Technology Parks of India (STPI), under Ministry of Electronics & Information Technology (MeitY), Govt. of India in collaboration with Arrow Electronics has setup Centre of Entrepreneurship “STPI IoTOpenLab” located at Electronics city, Phase-1. Bengaluru to promote the startups in IoT domain. STPI CoE- IoTOpenLab has become Operational since 21st September 2020.

WHO CAN APPLY

The STPI IoTOpenLab invites the proposals/applications from Electronic Hardware Start-ups who would like to use T& M equipment, tools, sample bank of electronics etc. for more information visit: http://www.iotopenlab.stpi.in.

The start-up must be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)

The date of registration/incorporation must not be beyond 10 years.

Annual Turnover:

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity:

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable:

Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

TERMS & CONDITIONS

1. Each start-up have to pay one time Registration Charges of Rs 10,000.
   Visit: http://www.iotopenlab.stpi.in for more information.
2. Each start-up have to book the time slot in advance.
3. The start-up who wish to avail STPI physical incubation space may approach STPI. The allocation, charges and T&C shall be as per STPI Incubation norms.
4. Any specific sample /component required by start-up, which is not in the list of the sample bank of electronics shall be arranged by start-up themselves.

FOCUS AREAS

Electronic Hardware Startups in the domain of IoT.

SELECTION PROCESS

IoTOpenLab Selection Process would be organized in three (3) phases.

Phase-1: Applications from start-ups are invited through an online contest portal

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential through initial scrutiny

Phase-3: Selection of start-ups for this program through pitch-in session.

DURATION

Application Submission Start Date: 30th December 2021.

Application Submission End Date: 28th February 2022.

OFFERINGS

1. Ready-to-Work Plug & Play space as per requirement.
2. Access to T&M Equipment, Tools and Sample Bank of Electronics.
3. Full-time onsite experienced application engineering team and Technical and Business Mentoring by Chief Mentor.
4. High Speed Internet Access.
5. Mentor Network.
6. Market access through the Industry associations like IESA, TiE.
7. Access to Credits from the ECO system partners like Mathworks, AWS, etc.
8. Sponsorship to National level events to showcase your products.
9. Access to Nation wide STPI CoEs Network.
10. Invitations to all Technical Seminars / Workshops
11. Access to Funding agencies / VCs.
12. Access to Investors / Banks.
13. IPR Related Support Services.

Timeline

Stakeholders & Partners

About

STPI in collaboration with Atal Innovation Mission (AIM), NITI Aayog have started Atal Incubation Centre in Bengaluru for innovative start-ups working in specific domains. AIC STPI Bengaluru is Centre of Entrepreneurship (Incubator) that work to support, promote and grow culture of innovation leading to start-ups & successful entrepreneurs. AIC STPI Bengaluru focus areas are Healthcare, ICT, IoT , E-Commerce etc.

OCP2.0 i.e Open Challenge Program is part of Cohort to shortlist quality ideas/startups in the following domain/focus areas –

DOMAINS/FOCUS AREA

1. Healthcare
2. ICT
3. IOT
4. E-Commerce

SELECTION PROCESS

Selection process would be organized in three (3) phases:

Phase 1: Application form start-ups are invited through an online contest portal.

Phase 2: Shortlisting/ Screening of Ideas, POCs and solution having strong potential through initial scrutiny.

Phase 3: Selection of startups for this program through pitch-in session.

TERMS & CONDITIONS

Selected startups shall comply with the following.

1. This OCP is part COHORT of Business Incubation Program instead of just competition.
2. Selected Start-ups need to operate from AIC STPINEXT INITIATIVES Bengaluru Incubation Facility.
3. All shortlisted applicants will be considered as Incubatee/ Startups.
4. Onboarded startups shall agree to share suitable Equity model as per AIC STPINEXT INITIATIVES incubation policy.

OFFERINGS

1. Complete Incubation support & Co-working space.
2. Makerspace (Lab).
3. Mentoring support viz Product/Business devp, HR, Legal, Finance, IPR/Patent & other support services.
4. Access to VCs for funding support.
5. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
6. Ready to work P&P incubation within the constraint of lockdown & thereafter.
7. Additional facilities and services of the pan-India domain specific CoEs of STPI may be leveraged.
8. Seed funding of upto Rs. 10.00 Lakhs may be provided to beneficiary/supported Start-ups based on innovativeness of idea, novelty of solutions, strength of team & soundness of business proposal.

Timeline

Stakeholders & Partners

About

CoE- STPI IoTOpenLab 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.

Software Technology Parks of India (STPI), under Ministry of Electronics & Information Technology (MeitY), Govt. of India in collaboration with Arrow Electronics has setup Centre of Entrepreneurship “STPI IoTOpenLab” located at Electronics city, Phase-1. Bengaluru to promote the startups in IoT domain. STPI CoE- IoTOpenLab has become Operational since 21st September 2020.

WHO CAN APPLY

The STPI IoTOpenLab invites the proposals/applications from Electronic Hardware Start-ups who would like to use T& M equipment, tools, sample bank of electronics etc. for more information visit: http://www.iotopenlab.stpi.in.

The start-up must be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)

The date of registration/incorporation must not be beyond 10 years.

Annual Turnover:

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity:

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable:

Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

TERMS & CONDITIONS

1. Each start-up have to pay one time Registration Charges of Rs 10,000.
   Visit: http://www.iotopenlab.stpi.in for more information.
2. Each start-up have to book the time slot in advance.
3. The start-up who wish to avail STPI physical incubation space may approach STPI. The allocation, charges and T&C shall be as per STPI Incubation norms.
4. Any specific sample /component required by start-up, which is not in the list of the sample bank of electronics shall be arranged by start-up themselves.

FOCUS AREAS

Electronic Hardware Startups in the domain of IoT.

SELECTION PROCESS

IoTOpenLab Selection Process would be organized in three (3) phases.

Phase-1: Applications from start-ups are invited through an online contest portal

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential through initial scrutiny

Phase-3: Selection of start-ups for this program through pitch-in session.

DURATION

Application Submission Start Date: 30th December 2021.

Application Submission End Date: 28th February 2022.

OFFERINGS

1. Ready-to-Work Plug & Play space as per requirement.
2. Access to T&M Equipment, Tools and Sample Bank of Electronics.
3. Full-time onsite experienced application engineering team and Technical and Business Mentoring by Chief Mentor.
4. High Speed Internet Access.
5. Mentor Network.
6. Market access through the Industry associations like IESA, TiE.
7. Access to Credits from the ECO system partners like Mathworks, AWS, etc.
8. Sponsorship to National level events to showcase your products.
9. Access to Nation wide STPI CoEs Network.
10. Invitations to all Technical Seminars / Workshops
11. Access to Funding agencies / VCs.
12. Access to Investors / Banks.
13. IPR Related Support Services.

Timeline

Stakeholders & Partners

About

STPI in collaboration with Atal Innovation Mission (AIM), NITI Aayog have started Atal Incubation Centre in Bengaluru for innovative start-ups working in specific domains. AIC STPI Bengaluru is Centre of Entrepreneurship (Incubator) that work to support, promote and grow culture of innovation leading to start-ups & successful entrepreneurs. AIC STPI Bengaluru focus areas are Healthcare, ICT, IoT , E-Commerce etc.

OCP2.0 i.e Open Challenge Program is part of Cohort to shortlist quality ideas/startups in the following domain/focus areas –

DOMAINS/FOCUS AREA

1. Healthcare
2. ICT
3. IOT
4. E-Commerce

SELECTION PROCESS

Selection process would be organized in three (3) phases:

Phase 1: Application form start-ups are invited through an online contest portal.

Phase 2: Shortlisting/ Screening of Ideas, POCs and solution having strong potential through initial scrutiny.

Phase 3: Selection of startups for this program through pitch-in session.

TERMS & CONDITIONS

Selected startups shall comply with the following.

1. This OCP is part COHORT of Business Incubation Program instead of just competition.
2. Selected Start-ups need to operate from AIC STPINEXT INITIATIVES Bengaluru Incubation Facility.
3. All shortlisted applicants will be considered as Incubatee/ Startups.
4. Onboarded startups shall agree to share suitable Equity model as per AIC STPINEXT INITIATIVES incubation policy.

OFFERINGS

1. Complete Incubation support & Co-working space.
2. Makerspace (Lab).
3. Mentoring support viz Product/Business devp, HR, Legal, Finance, IPR/Patent & other support services.
4. Access to VCs for funding support.
5. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
6. Ready to work P&P incubation within the constraint of lockdown & thereafter.
7. Additional facilities and services of the pan-India domain specific CoEs of STPI may be leveraged.
8. Seed funding of upto Rs. 10.00 Lakhs may be provided to beneficiary/supported Start-ups based on innovativeness of idea, novelty of solutions, strength of team & soundness of business proposal.

Timeline

Stakeholders & Partners

About

CoE- STPI IoTOpenLab 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.

Software Technology Parks of India (STPI), under Ministry of Electronics & Information Technology (MeitY), Govt. of India in collaboration with Arrow Electronics has setup Centre of Entrepreneurship “STPI IoTOpenLab” located at Electronics city, Phase-1. Bengaluru to promote the startups in IoT domain. STPI CoE- IoTOpenLab has become Operational since 21st September 2020.

WHO CAN APPLY

The STPI IoTOpenLab invites the proposals/applications from Electronic Hardware Start-ups who would like to use T& M equipment, tools, sample bank of electronics etc. for more information visit: http://www.iotopenlab.stpi.in.

The start-up must be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)

The date of registration/incorporation must not be beyond 10 years.

Annual Turnover:

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity:

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable:

Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

TERMS & CONDITIONS

1. Each start-up have to pay one time Registration Charges of Rs 10,000.
   Visit: http://www.iotopenlab.stpi.in for more information.
2. Each start-up have to book the time slot in advance.
3. The start-up who wish to avail STPI physical incubation space may approach STPI. The allocation, charges and T&C shall be as per STPI Incubation norms.
4. Any specific sample /component required by start-up, which is not in the list of the sample bank of electronics shall be arranged by start-up themselves.

FOCUS AREAS

Electronic Hardware Startups in the domain of IoT.

SELECTION PROCESS

IoTOpenLab Selection Process would be organized in three (3) phases.

Phase-1: Applications from start-ups are invited through an online contest portal

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential through initial scrutiny

Phase-3: Selection of start-ups for this program through pitch-in session.

DURATION

Application Submission Start Date: 30th December 2021.

Application Submission End Date: 28th February 2022.

OFFERINGS

1. Ready-to-Work Plug & Play space as per requirement.
2. Access to T&M Equipment, Tools and Sample Bank of Electronics.
3. Full-time onsite experienced application engineering team and Technical and Business Mentoring by Chief Mentor.
4. High Speed Internet Access.
5. Mentor Network.
6. Market access through the Industry associations like IESA, TiE.
7. Access to Credits from the ECO system partners like Mathworks, AWS, etc.
8. Sponsorship to National level events to showcase your products.
9. Access to Nation wide STPI CoEs Network.
10. Invitations to all Technical Seminars / Workshops
11. Access to Funding agencies / VCs.
12. Access to Investors / Banks.
13. IPR Related Support Services.

Timeline

Stakeholders & Partners

About

“IMAGE”, a Centre of Excellence for Gaming, Animation, VFX, Computer Vision, and AI Start-Ups , is a flagship initiative by STPI – Hyderabad, Ministry of Electronics and Information Technology, Government of India and Government of Telangana, in Collaboration with TVAGA (Telangana VFX, Animation and Gaming Association), HYSEA, IIIT Hyderabad, TIE Hyderabad, Hyderabad Angels and SucSEEDIndovation Fund.

IMAGE CoE runs a six-month accelerator program for Gaming, Animation, VFX, Computer Vision&AI Start-Ups and provides mentor support, seed-funding, product growth exercises, opportunity to raise their subsequent round of funding through our investment partners, and other valuable resources/support.

Who Can Apply

1. The IMAGE CoE invites the proposals/applications from Indian Start-ups who are working in Gaming, Animation, VFX and CVAI
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme. The definition of Start-ups prescribed by DPIIT is reproduced below and subject to change from time to time.

Company Registration: The start-up must be registered/incorporated within last 10 years as on date of opening of challenge.

Annual Turnover: Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity: Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative and Scalable: Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

Focus Areas

The Start-ups are expected to be in the following domains

1. Gaming
2. Animation
3. VFX
4. Computer Vision and AI

Selection Process

IMAGE Accelerator Program would be organized in three (3) phases.

Phase-1: Applications from start-ups are invited through an online contest portal.

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential through initial scrutiny.

Phase-3: Selection of start-ups for this program through pitch-in session.

Duration

6 Months

Offerings

Benefits to IMAGE CoE Start-ups:

1. 5 Lakh seed fund to selected start-ups from IMAGE CoE.
2. Plug & Play Infrastructure up to 5 seats for selected start-up.
3. Access to Mocap & CVAI Lab.
4. Access to Meetings room, Conference room and Preview theatre.
5. Mentor Network for Gaming, VFX, Animation & CV, AI. Mentor Network will provide Technology Mentoring, Domain Mentoring, Strategy Mentoring, End to End market support.
6. Market access through the Industry associations like HYSEA, TVAGA, TiE Hyderabad and IIIT.
7. Access to Investors (Angle Fund + VC Network) through Hyderabad Angles.
8. Access to Credits from the ECO system partners like Facebook, Microsoft, etc.
9. Sponsorship to National level events to showcase your products.
10. Access to National wise STPI CoEs Network.
11. IPR Related Support Services.

Timeline

Organized By

Stakeholders & Partners

About

“IMAGE”, a Centre of Excellence for Gaming, Animation, VFX, Computer Vision, and AI Start-Ups , is a flagship initiative by STPI – Hyderabad, Ministry of Electronics and Information Technology, Government of India and Government of Telangana, in Collaboration with TVAGA (Telangana VFX, Animation and Gaming Association), HYSEA, IIIT Hyderabad, TIE Hyderabad, Hyderabad Angels and SucSEEDIndovation Fund.

IMAGE CoE runs a six-month accelerator program for Gaming, Animation, VFX, Computer Vision&AI Start-Ups and provides mentor support, seed-funding, product growth exercises, opportunity to raise their subsequent round of funding through our investment partners, and other valuable resources/support.

Who Can Apply

1. The IMAGE CoE invites the proposals/applications from Indian Start-ups who are working in Gaming, Animation, VFX and CVAI
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme. The definition of Start-ups prescribed by DPIIT is reproduced below and subject to change from time to time.

Company Registration: The start-up must be registered/incorporated within last 10 years as on date of opening of challenge.

Annual Turnover: Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity: Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative and Scalable: Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

Focus Areas

The Start-ups are expected to be in the following domains

1. Gaming
2. Animation
3. VFX
4. Computer Vision and AI

Selection Process

IMAGE Accelerator Program would be organized in three (3) phases.

Phase-1: Applications from start-ups are invited through an online contest portal.

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential through initial scrutiny.

Phase-3: Selection of start-ups for this program through pitch-in session.

Duration

6 Months

Offerings

Benefits to IMAGE CoE Start-ups:

1. 5 Lakh seed fund to selected start-ups from IMAGE CoE.
2. Plug & Play Infrastructure up to 5 seats for selected start-up.
3. Access to Mocap & CVAI Lab.
4. Access to Meetings room, Conference room and Preview theatre.
5. Mentor Network for Gaming, VFX, Animation & CV, AI. Mentor Network will provide Technology Mentoring, Domain Mentoring, Strategy Mentoring, End to End market support.
6. Market access through the Industry associations like HYSEA, TVAGA, TiE Hyderabad and IIIT.
7. Access to Investors (Angle Fund + VC Network) through Hyderabad Angles.
8. Access to Credits from the ECO system partners like Facebook, Microsoft, etc.
9. Sponsorship to National level events to showcase your products.
10. Access to National wise STPI CoEs Network.
11. IPR Related Support Services.

Timeline

Organized By

Stakeholders & Partners

About

Electropreneur Park, Bhubaneswar : An ESDM Centre of Entrepreneurship (CoE) established by STPI at STPI Elite ,Bhubaneswar launches SUCCESS – Open Challenge Program 2.0

Objectives: Electropreneur Park (EP), Bhubaneswar is an ESDM Incubation Centre set up by STPI, with support from Ministry of Electronics & IT (MeitY), Govt. of India and Govt. of Odisha as part of its PAN India initiative to create a network of Centres of Entrepreneurship. EP-BBSR is equipped with state-of-the-art advanced Lab, plug & play facilities for incubatees in the CoE. EP BBSR brings in a pool of mentors, academicians, investors & consultants in market intelligence with the major focus on patenting, converting ideas into successful products. This will help in accelerating innovation, enabling industry-oriented research and development of the talent pool in the ESDM domain.

WHO CAN APPLY

1. Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation. Entity should not have been formed by splitting up or reconstructing an already existing business.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this program.
3. Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

FOCUS AREAS

1. Education
2. Process control & Automation
3. Energy
4. Disaster Management
5. Smart City Applications
6. Healthcare
7. any other innovative ESDM proposals

SELECTION PROCESS

Pre-Screening, Screening &Onboarding

1. Startup Selection & Evaluation Committee for Screening, Evaluation & Selection/Onboarding.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the SSEC shall be final & binding on all.

DURATION

Application submission– Start Date 20th September 2021

Application submission– End Date 20th October 2021

OFFERINGS

Target Beneficiaries: 40 start-ups are expected to be benefitted over a period of 5 Years.

INCENTIVES

Facilities & Services

The services available for the beneficiaries of Electropreneur Park, Bhubaneswar shall include

1. Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
2. Pre-Incubation, Incubation & Virtual Incubation
3. State-of-the-art FabLab & ESDM Lab with advanced testing & measuring equipment, HV testing equipment, Domain specific software tools for the startups including MSOs, DC programmable power supplies, Electronic load, ORCAD PCB design suite, Arbitrary Signal generators, Environmental test chambers etc.
4. Inhouse component bank covering wide range of evaluation boards, components to quick support the ESDM startups during their product development.
5. Financial assistance up to 50k for Components and Other services
7. Seed fund of Rs. 2.5 Lakhs to the startups incubated at Electropreneur Park-Bhubaneswar
8. Access to Reference Design Library
9. High Speed Internet Access
10. Direct mentoring from stalwarts of business/tech domain
11. Access to VC funding
12. Technical& Marketing Support
13. Access to 19+ CoE Labs PAN India
14. Facilitate collaboration with Government agencies & Industry
15. On-field demonstration of the solutions/products developed by startups
16. Legal, Accounting, IPR/Patenting Facilitation & other support Service.
17. Cross border collaboration via international promotional agency partners.
18. Selected startups get opportunity to pilot their product in global markets
19. Sponsorship to National/International level events to showcase your products for global exposure
20. Opportunity for joint R&D with corporate houses, industry & academia

Key take-aways on onboarding

1. 12 months free software: MATLAB, Simulink and 90+ add-on products with up to 10 licenses per company Training on MATLAB, Simulink and deep learning onramps, online self-paced tutorials and 50% off Training Credits usable for all on-line and public classes
2. Portfolio Package: $5,000 AWS Promotional Credit, valid for up to 2 years. AWS Promotional Credit is designed to help you get started on AWS.
3. Financial assistance up to 50k for Components and Other services

Timeline

Organized By

Stakeholders & Partners

About

Electropreneur Park, Bhubaneswar : An ESDM Centre of Entrepreneurship (CoE) established by STPI at STPI Elite ,Bhubaneswar launches SUCCESS – Open Challenge Program 2.0

Objectives: Electropreneur Park (EP), Bhubaneswar is an ESDM Incubation Centre set up by STPI, with support from Ministry of Electronics & IT (MeitY), Govt. of India and Govt. of Odisha as part of its PAN India initiative to create a network of Centres of Entrepreneurship. EP-BBSR is equipped with state-of-the-art advanced Lab, plug & play facilities for incubatees in the CoE. EP BBSR brings in a pool of mentors, academicians, investors & consultants in market intelligence with the major focus on patenting, converting ideas into successful products. This will help in accelerating innovation, enabling industry-oriented research and development of the talent pool in the ESDM domain.

WHO CAN APPLY

1. Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation. Entity should not have been formed by splitting up or reconstructing an already existing business.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this program.
3. Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

FOCUS AREAS

1. Education
2. Process control & Automation
3. Energy
4. Disaster Management
5. Smart City Applications
6. Healthcare
7. any other innovative ESDM proposals

SELECTION PROCESS

Pre-Screening, Screening &Onboarding

1. Startup Selection & Evaluation Committee for Screening, Evaluation & Selection/Onboarding.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the SSEC shall be final & binding on all.

DURATION

Application submission– Start Date 20th September 2021

Application submission– End Date 20th October 2021

OFFERINGS

Target Beneficiaries: 40 start-ups are expected to be benefitted over a period of 5 Years.

INCENTIVES

Facilities & Services

The services available for the beneficiaries of Electropreneur Park, Bhubaneswar shall include

1. Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
2. Pre-Incubation, Incubation & Virtual Incubation
3. State-of-the-art FabLab & ESDM Lab with advanced testing & measuring equipment, HV testing equipment, Domain specific software tools for the startups including MSOs, DC programmable power supplies, Electronic load, ORCAD PCB design suite, Arbitrary Signal generators, Environmental test chambers etc.
4. Inhouse component bank covering wide range of evaluation boards, components to quick support the ESDM startups during their product development.
5. Financial assistance up to 50k for Components and Other services
7. Seed fund of Rs. 2.5 Lakhs to the startups incubated at Electropreneur Park-Bhubaneswar
8. Access to Reference Design Library
9. High Speed Internet Access
10. Direct mentoring from stalwarts of business/tech domain
11. Access to VC funding
12. Technical& Marketing Support
13. Access to 19+ CoE Labs PAN India
14. Facilitate collaboration with Government agencies & Industry
15. On-field demonstration of the solutions/products developed by startups
16. Legal, Accounting, IPR/Patenting Facilitation & other support Service.
17. Cross border collaboration via international promotional agency partners.
18. Selected startups get opportunity to pilot their product in global markets
19. Sponsorship to National/International level events to showcase your products for global exposure
20. Opportunity for joint R&D with corporate houses, industry & academia

Key take-aways on onboarding

1. 12 months free software: MATLAB, Simulink and 90+ add-on products with up to 10 licenses per company Training on MATLAB, Simulink and deep learning onramps, online self-paced tutorials and 50% off Training Credits usable for all on-line and public classes
2. Portfolio Package: $5,000 AWS Promotional Credit, valid for up to 2 years. AWS Promotional Credit is designed to help you get started on AWS.
3. Financial assistance up to 50k for Components and Other services

Timeline

Organized By

Stakeholders & Partners

About

“MOTION”, is a Centre of Entrepreneurship (CoE) in Autonomous/ Connected/ Electric / Shared (ACES) Mobility, an initiative of Software Technology Parks of India (STPI), Ministry of Electronics & Information Technology at Pune, with specialized state-of-the-art incubation facility and domain specific physical laboratories for start-ups working 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.

Who Can Apply

The start-up should be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)
4. The date of registration/incorporation should not be beyond 10 years.

If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity should be working towards innovation, development or improvement of products, services or processes and should have the potential to generate employment/ create wealth.

Other Terms & Conditions

The charges are Rs. 2500/- + tax per seat per month and start-up shall offer equity to STPI/STPINEXT as decided & agreed upon.

Focus Areas

1. AUTONOMOUS VEHICLE
2. CONNECTED VEHICLE
3. ELECTRIC VEHICLE
4. SHARED VEHICLE

Selection Process

Screening, Evaluation & Selection:

1. Designated Committee(s) shall be formed for Screening, Evaluation & Selection.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the designated Committee(s) shall be final & binding on all.

Duration

1. Application submission– Start Date 3rd September, 2021
2. Application submission– End Date 15th October 2021

Timeline

Note: Dates are subject to change. Kindly check the portal regularly for latest information.

Organized By

Stakeholders & Partners

About

FASAL, a Centre of Entrepreneurship (CoE) for IoT in Agriculture established by STPI at Dr. Panjabrao Deshmukh Krishi Vidyapeeth with specialized state-of-the-art incubation facility and physical laboratories for start-ups in the area of Agri Tech / Smart Agri 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.

Who Can Apply

The start-up should be incorporated as a

Private Limited Company (as defined in the Companies Act, 2013) or Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or Limited Liability Partnership (under the Liability Partnership Act 2008) The date of registration/incorporation should not be beyond 10 years.
If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity should be working towards innovation, development or improvement of products, services or processes and should have the potential to generate employment/ create wealth.

Other Terms & Conditions

The start-up has to offer equity upto 3% to STPI/STPINEXT as decided & agreed upon as per operational guidelines.

Focus Areas

1. DIGITAL FARMING
2. CROP PROTECTION & MANAGEMENT
3. FORECASTING USING PREDICTIVE ANALYTICS
4. ENHANCING FARMER INCOME IN OFF-SEASONS

Timeline

Organized By

Stakeholders & Partners

About

MedTech is a Center of Entrepreneurship in the field of MediElectronics and Health Informatics. This novel initiative is being set up by consortia comprising of Software Technology Parks of India (STPI), SGPGI Lucknow, Department of IT and Electronics, Government Of UP, Association Of Indian Medical Device Industry (AIMED ), Andhra Pradesh MedTech Zone (AMTZ)). The objectives of setting the same are to boost start-ups in the field of medical equipment/electronics & health informatics, and, to contribute to “Make-in-India” & “Digital India” programs of Govt. of India by reducing Health Care Equipment imports and recognize the value of Health Care Equipment & Technology locally. Apart from physical infrastructure, the CoE will have the access to Technocrat/Medical practitioners mentorship, mentorship programs and VC funding, Legal and IPR support, Marketing assistance etc.

Who Can Apply

Company Type • The start-up must be incorporated as a

• Private Limited Company (as defined in the Companies Act, 2013) or
• Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
• Limited Liability Partnership (under the Liability Partnership Act 2008)
• The date of registration/incorporation must not be beyond 10 years.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

An entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity working towards innovation, development, or improvement of products, processes, or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Terms & Conditions

1. Start-ups have to operate from the MedTech CoE Incubation facility at STPI Lucknow CoE at SGPGI.
2. Each start-up will be offered incubation space as per their requirement.
3. Each start-up has to offer designated equity to STPI as per the present valuation.
4. The start-up has to pay designated services charges per seat per month for availing incubation facilities.
5. The incubates under product development and R&D shall be offered discount as per the STPI Incubation Policy.

Focus Areas

Startups having innovative Idea/Product/Solution in following focus area:

1. Mechanical Chest compression Device for Cardio
2. Pulmonary Resuscitation (CPR)
3. Patient care
4. Innovation in Imaging- From images to informatics
5. App based Communication between Patient and Hospital
6. AI based medical screening for arrhythmias
7. AI based medical screening for tachy and bradyarrhythmia’s

Click here for problem statement

The focus area is not limited to above problem statements only. Any other product/solution which caters to one or more of the domains is invited.

Selection Process

Screening, Evaluation & Selection:

1. Designated Committee(s) shall be formed for Screening, Evaluation & Selection.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the designated Committee(s) shall be final & binding on all.

Duration

1. Application submission– Start Date 31st August, 2021.
2. Application submission– End Date 04 October 2021.

Offerings

1. Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
2. Direct mentoring from stalwarts of business/tech domain
3. Financial Support through seed funding
4. High Speed Internet Access
5. Access to VC funding
6. Technical Support
7. Marketing Support
8. IPR Related Support Services
9. Access to 19+ CoE Labs PAN India
10. End-to-end marketing plan to place your start-up on the global map
11. Legal, Accounting, IPR/Patenting Facilitation & other support Service
12. Cross border collaboration via international promotional agency partners
13. Sponsorship to National/International level events to showcase your products for global exposure

Incentives

MedTech CoE shall support through initial seed support upto 2.5 Lakh and guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through grants, equity and debt by leveraging connections with potential customers and CSR/ Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.

PRIZE

Each selected startup that will join the MedTech CoE program would be awarded Rs. 50,000 as prize money.

Timeline

Organized By

Stakeholders & Partners

About

Blockchain technology is considered to be the biggest invention since Internet. It has already taken the world by storm and provides immense potential to change the way transactions are done in the present world. Keeping in view the potential of Blockchain technology, MeitY has approved setting of an STPI CoE in Blockchain at Gurugram. The First Cohort of Apiary CoE consisting of 10 start-ups has completed its Boot Camp and preparing for pitching to the Investors. The Second Idea Challenge Programme (ICP 2.0) is being launched on Friday, 27th Aug 2021.

Who Can Apply

1. Apiary’s ICP 2.0 invites the proposals/applications from Indian Start-ups who are working in Blockchain.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this program. The definition of Start-ups prescribed by DPIIT is reproduced below and subject to change from time to time.

Company Registration: The start-up must be registered/incorporated within last 10 years as on date of opening of challenge.

Annual Turnover: Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity: Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative and Scalable: Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

Focus Areas

The Start-ups are expected to solve the problems in the following domains using the Blockchain Technology:

1. Financial Services
2. Travel & Mobility
3. Infrastructure, Energy & Utilities
4. Healthcare
5. Agriculture
6. Supply chain
7. e-Voting
8. Digital Records – Credit Issuance & Verification
9. Smart Contracts
10. Retail & Consumer
11. Entertainment & Media (Digital IPs)
12. E-Governance use cases pertaining to Land Records, Public Health, Labour, Service Record, Pension Delivery and Law Enforcement & Evidence Management.

Selection Process

Idea Challenge Program 2.0 would be organized in three (3) phases.

Phase-1: Submission of Applications by eligible start-ups, founders & entrepreneurs.

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential from the received applications.

Phase-3: Selection of start-ups for this program through pitch-in session to the ‘Selection Committee’.

Duration

Apiary, A CoE in Blockchain Technology will conduct Idea Challenge Program 2.0 from 27th Aug 2021 – 19th Sep 2021 to select innovative start-ups& entrepreneurs in Blockchain Technology for its second cohort. In this cohort selected start-ups will get chance to incubate for period ranging from 3 months to 6 months. During the Incubation Period, the start-ups will undergo an intense mentorship to deliver time bound results. The start-ups will also undergo the Master Classes which will help them understand the fundamentals of entrepreneurship and build solution to the problems identified by them.

Post Incubation selected start-ups may get chance to participate in Acceleration Program for 9 months. During the Acceleration Program, the start-ups shall receive the knowledge through various masterclasses conducted periodically such as Go to market with a MVP, Marketing (traditional and digital) & Proactive Selling Skills Data Analysis and Sustainable Business Model Pitching to the investor & Scaling the Business. APIARY CoE will also help these start-ups raise an investment up to Rs. Twenty Five lakhs from potential Investors, Partner and their Associates based on their own discretion.

In each cohort selected startups will get chance to incubate for period ranging from 3 months to 6 months. During the Incubation Period, the startups will undergo an intense mentorship to deliver time bound results. The startups will also undergo the Master Classes which will help them understand the fundamentals of entrepreneurship and build solution to the problems identified by them.

Post Incubation selected startups may get chance to participate in Acceleration Program for 9 months. During the Acceleration Program, the startups shall receive the knowledge through various masterclasses conducted periodically such as Go to market with a MVP, Marketing (traditional and digital) & Proactive Selling Skills Data Analysis and Sustainable Business Model Pitching to the investor & Scaling the Business. APIARY CoE will also help these startups raise an investment upto Rs. Twenty Five lakhs from potential Investors, Partner and their Associates based on their own discretion.

Offerings

Physical Facilities:

1. Ready to Work Plug and Play Space.
2. High Speed Internet Access.
3. Network Operation Center(NOC).
4. 24 x 7 x 365 days Operational work space.
5. Round the clock security.
6. Dedicated team /Support round the clock.

Incubation and co-working facilities:

1. CoE shall monitor and guide start-ups through dedicated mentor, portfolio managers and start-up support executives.
2. CoE shall review and monitor the progress/performance of start-ups periodically and take necessary action as and when required in co-ordination with PMG.

Technology & Business mentoring:

1. Mentors shall identify specific needs at specific time like prototyping/design vendors, small – scale manufacturing vendors, large – scale manufacturing vendors etc. and makes best efforts to connect the start-ups with such ecosystem players.
2. Full-time resource presence and organizing peer meetings with mentors at regular intervals.
3. Platform for accessing the mentor through an online portal.
4. Train/educate start-ups in the fields of research, user experience and business technology courses with cutting edge programming and deep-tech applications.
5. Support the start-ups for developing Proof of Concept, provide mentoring for designing & development and help start-ups to convert their idea into a reality.
6. Transforming the start-ups from idea level to Prototype level, Prototype level to MVP (Minimum Viable Product) level, MVP level to GTM (GoToMarket) level and graduating the start-ups into full-fledged company status.
7. Providing a multidisciplinary approach in developing innovative products based on identified business challenges.
8. Support for developing, enhancing and piloting start-ups prototype and business model in a collaborative environment.
9. Conducting need-based mentoring sessions on legal, compliance, branding, cyber security, domain technologies etc.

Marketing, Networking & Outreach:

1. Beneficiary Incubatees of CoE shall be included in marketing knowledge sessions, conducting road shows, networking events, social media outreach.
2. International events/programs shall be organized to attract global visibility.
3. CoE’s end-to-end marketing plans will place your start-up on the global map.
4. Partnerships with key international promotional agencies shall be carried out for cross border collaboration.

IPR Related Support Services:

STPI has signed MoU with M/s. NRDC (National Research and Development Corporation) for filing Intellectual Property Rights such as Patenting (Drafting & Filing), Trademark, Copyright and any other IPR related support/legal/statutory support.

Blockchain Platforms of AWS, IBM and Intel:

STPI has signed MoU with Amazon, IBM & Intel for making their platforms available to start-ups of the STPI CoEs.

INCENTIVES

Access to Funding & Investment:

CoE shall support and guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through grants, equity and debt by leveraging connections with potential customers and CSR/Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.

Timeline

Organized By

Stakeholders & Partners

About

Electropreneur Park, Bhubaneswar : An ESDM Centre of Entrepreneurship (CoE) established by STPI at STPI Elite ,Bhubaneswar launches SUCCESS – Open Challenge Program 2.0

Objectives: Electropreneur Park (EP), Bhubaneswar is an ESDM Incubation Centre set up by STPI, with support from Ministry of Electronics & IT (MeitY), Govt. of India and Govt. of Odisha as part of its PAN India initiative to create a network of Centres of Entrepreneurship. EP-BBSR is equipped with state-of-the-art advanced Lab, plug & play facilities for incubatees in the CoE. EP BBSR brings in a pool of mentors, academicians, investors & consultants in market intelligence with the major focus on patenting, converting ideas into successful products. This will help in accelerating innovation, enabling industry-oriented research and development of the talent pool in the ESDM domain.

WHO CAN APPLY

1. Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation. Entity should not have been formed by splitting up or reconstructing an already existing business.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this program.
3. Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

FOCUS AREAS

1. Education
2. Process control & Automation
3. Energy
4. Disaster Management
5. Smart City Applications
6. Healthcare
7. any other innovative ESDM proposals

SELECTION PROCESS

Pre-Screening, Screening &Onboarding

1. Startup Selection & Evaluation Committee for Screening, Evaluation & Selection/Onboarding.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the SSEC shall be final & binding on all.

DURATION

Application submission– Start Date 20th September 2021

Application submission– End Date 20th October 2021

OFFERINGS

Target Beneficiaries: 40 start-ups are expected to be benefitted over a period of 5 Years.

INCENTIVES

Facilities & Services

The services available for the beneficiaries of Electropreneur Park, Bhubaneswar shall include

1. Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
2. Pre-Incubation, Incubation & Virtual Incubation
3. State-of-the-art FabLab & ESDM Lab with advanced testing & measuring equipment, HV testing equipment, Domain specific software tools for the startups including MSOs, DC programmable power supplies, Electronic load, ORCAD PCB design suite, Arbitrary Signal generators, Environmental test chambers etc.
4. Inhouse component bank covering wide range of evaluation boards, components to quick support the ESDM startups during their product development.
5. Financial assistance up to 50k for Components and Other services
7. Seed fund of Rs. 2.5 Lakhs to the startups incubated at Electropreneur Park-Bhubaneswar
8. Access to Reference Design Library
9. High Speed Internet Access
10. Direct mentoring from stalwarts of business/tech domain
11. Access to VC funding
12. Technical& Marketing Support
13. Access to 19+ CoE Labs PAN India
14. Facilitate collaboration with Government agencies & Industry
15. On-field demonstration of the solutions/products developed by startups
16. Legal, Accounting, IPR/Patenting Facilitation & other support Service.
17. Cross border collaboration via international promotional agency partners.
18. Selected startups get opportunity to pilot their product in global markets
19. Sponsorship to National/International level events to showcase your products for global exposure
20. Opportunity for joint R&D with corporate houses, industry & academia

Key take-aways on onboarding

1. 12 months free software: MATLAB, Simulink and 90+ add-on products with up to 10 licenses per company Training on MATLAB, Simulink and deep learning onramps, online self-paced tutorials and 50% off Training Credits usable for all on-line and public classes
2. Portfolio Package: $5,000 AWS Promotional Credit, valid for up to 2 years. AWS Promotional Credit is designed to help you get started on AWS.
3. Financial assistance up to 50k for Components and Other services

Timeline

Organized By

Stakeholders & Partners

About

“MOTION”, is a Centre of Entrepreneurship (CoE) in Autonomous/ Connected/ Electric / Shared (ACES) Mobility, an initiative of Software Technology Parks of India (STPI), Ministry of Electronics & Information Technology at Pune, with specialized state-of-the-art incubation facility and domain specific physical laboratories for start-ups working 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.

Who Can Apply

The start-up should be incorporated as a

1. Private Limited Company (as defined in the Companies Act, 2013) or
2. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
3. Limited Liability Partnership (under the Liability Partnership Act 2008)
4. The date of registration/incorporation should not be beyond 10 years.

If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity should be working towards innovation, development or improvement of products, services or processes and should have the potential to generate employment/ create wealth.

Other Terms & Conditions

The charges are Rs. 2500/- + tax per seat per month and start-up shall offer equity to STPI/STPINEXT as decided & agreed upon.

Focus Areas

1. AUTONOMOUS VEHICLE
2. CONNECTED VEHICLE
3. ELECTRIC VEHICLE
4. SHARED VEHICLE

Selection Process

Screening, Evaluation & Selection:

1. Designated Committee(s) shall be formed for Screening, Evaluation & Selection.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the designated Committee(s) shall be final & binding on all.

Duration

1. Application submission– Start Date 3rd September, 2021
2. Application submission– End Date 15th October 2021

Timeline

Note: Dates are subject to change. Kindly check the portal regularly for latest information.

Organized By

Stakeholders & Partners

About

FASAL, a Centre of Entrepreneurship (CoE) for IoT in Agriculture established by STPI at Dr. Panjabrao Deshmukh Krishi Vidyapeeth with specialized state-of-the-art incubation facility and physical laboratories for start-ups in the area of Agri Tech / Smart Agri 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.

Who Can Apply

The start-up should be incorporated as a

Private Limited Company (as defined in the Companies Act, 2013) or Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or Limited Liability Partnership (under the Liability Partnership Act 2008) The date of registration/incorporation should not be beyond 10 years.
If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity should be working towards innovation, development or improvement of products, services or processes and should have the potential to generate employment/ create wealth.

Other Terms & Conditions

The start-up has to offer equity upto 3% to STPI/STPINEXT as decided & agreed upon as per operational guidelines.

Focus Areas

1. DIGITAL FARMING
2. CROP PROTECTION & MANAGEMENT
3. FORECASTING USING PREDICTIVE ANALYTICS
4. ENHANCING FARMER INCOME IN OFF-SEASONS

Timeline

Organized By

Stakeholders & Partners

About

MedTech is a Center of Entrepreneurship in the field of MediElectronics and Health Informatics. This novel initiative is being set up by consortia comprising of Software Technology Parks of India (STPI), SGPGI Lucknow, Department of IT and Electronics, Government Of UP, Association Of Indian Medical Device Industry (AIMED ), Andhra Pradesh MedTech Zone (AMTZ)). The objectives of setting the same are to boost start-ups in the field of medical equipment/electronics & health informatics, and, to contribute to “Make-in-India” & “Digital India” programs of Govt. of India by reducing Health Care Equipment imports and recognize the value of Health Care Equipment & Technology locally. Apart from physical infrastructure, the CoE will have the access to Technocrat/Medical practitioners mentorship, mentorship programs and VC funding, Legal and IPR support, Marketing assistance etc.

Who Can Apply

Company Type • The start-up must be incorporated as a

• Private Limited Company (as defined in the Companies Act, 2013) or
• Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
• Limited Liability Partnership (under the Liability Partnership Act 2008)
• The date of registration/incorporation must not be beyond 10 years.

Annual Turnover

Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity

An entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable

Entity working towards innovation, development, or improvement of products, processes, or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Terms & Conditions

1. Start-ups have to operate from the MedTech CoE Incubation facility at STPI Lucknow CoE at SGPGI.
2. Each start-up will be offered incubation space as per their requirement.
3. Each start-up has to offer designated equity to STPI as per the present valuation.
4. The start-up has to pay designated services charges per seat per month for availing incubation facilities.
5. The incubates under product development and R&D shall be offered discount as per the STPI Incubation Policy.

Focus Areas

Startups having innovative Idea/Product/Solution in following focus area:

1. Mechanical Chest compression Device for Cardio
2. Pulmonary Resuscitation (CPR)
3. Patient care
4. Innovation in Imaging- From images to informatics
5. App based Communication between Patient and Hospital
6. AI based medical screening for arrhythmias
7. AI based medical screening for tachy and bradyarrhythmia’s

Click here for problem statement

The focus area is not limited to above problem statements only. Any other product/solution which caters to one or more of the domains is invited.

Selection Process

Screening, Evaluation & Selection:

1. Designated Committee(s) shall be formed for Screening, Evaluation & Selection.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the designated Committee(s) shall be final & binding on all.

Duration

1. Application submission– Start Date 31st August, 2021.
2. Application submission– End Date 04 October 2021.

Offerings

1. Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
2. Direct mentoring from stalwarts of business/tech domain
3. Financial Support through seed funding
4. High Speed Internet Access
5. Access to VC funding
6. Technical Support
7. Marketing Support
8. IPR Related Support Services
9. Access to 19+ CoE Labs PAN India
10. End-to-end marketing plan to place your start-up on the global map
11. Legal, Accounting, IPR/Patenting Facilitation & other support Service
12. Cross border collaboration via international promotional agency partners
13. Sponsorship to National/International level events to showcase your products for global exposure

Incentives

MedTech CoE shall support through initial seed support upto 2.5 Lakh and guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through grants, equity and debt by leveraging connections with potential customers and CSR/ Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.

PRIZE

Each selected startup that will join the MedTech CoE program would be awarded Rs. 50,000 as prize money.

Timeline

Organized By

Stakeholders & Partners

About

Blockchain technology is considered to be the biggest invention since Internet. It has already taken the world by storm and provides immense potential to change the way transactions are done in the present world. Keeping in view the potential of Blockchain technology, MeitY has approved setting of an STPI CoE in Blockchain at Gurugram. The First Cohort of Apiary CoE consisting of 10 start-ups has completed its Boot Camp and preparing for pitching to the Investors. The Second Idea Challenge Programme (ICP 2.0) is being launched on Friday, 27th Aug 2021.

Who Can Apply

1. Apiary’s ICP 2.0 invites the proposals/applications from Indian Start-ups who are working in Blockchain.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this program. The definition of Start-ups prescribed by DPIIT is reproduced below and subject to change from time to time.

Company Registration: The start-up must be registered/incorporated within last 10 years as on date of opening of challenge.

Annual Turnover: Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity: Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative and Scalable: Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

Focus Areas

The Start-ups are expected to solve the problems in the following domains using the Blockchain Technology:

1. Financial Services
2. Travel & Mobility
3. Infrastructure, Energy & Utilities
4. Healthcare
5. Agriculture
6. Supply chain
7. e-Voting
8. Digital Records – Credit Issuance & Verification
9. Smart Contracts
10. Retail & Consumer
11. Entertainment & Media (Digital IPs)
12. E-Governance use cases pertaining to Land Records, Public Health, Labour, Service Record, Pension Delivery and Law Enforcement & Evidence Management.

Selection Process

Idea Challenge Program 2.0 would be organized in three (3) phases.

Phase-1: Submission of Applications by eligible start-ups, founders & entrepreneurs.

Phase-2: Shortlisting of Ideas, POCs and Solutions having strong potential from the received applications.

Phase-3: Selection of start-ups for this program through pitch-in session to the ‘Selection Committee’.

Duration

Apiary, A CoE in Blockchain Technology will conduct Idea Challenge Program 2.0 from 27th Aug 2021 – 19th Sep 2021 to select innovative start-ups& entrepreneurs in Blockchain Technology for its second cohort. In this cohort selected start-ups will get chance to incubate for period ranging from 3 months to 6 months. During the Incubation Period, the start-ups will undergo an intense mentorship to deliver time bound results. The start-ups will also undergo the Master Classes which will help them understand the fundamentals of entrepreneurship and build solution to the problems identified by them.

Post Incubation selected start-ups may get chance to participate in Acceleration Program for 9 months. During the Acceleration Program, the start-ups shall receive the knowledge through various masterclasses conducted periodically such as Go to market with a MVP, Marketing (traditional and digital) & Proactive Selling Skills Data Analysis and Sustainable Business Model Pitching to the investor & Scaling the Business. APIARY CoE will also help these start-ups raise an investment up to Rs. Twenty Five lakhs from potential Investors, Partner and their Associates based on their own discretion.

In each cohort selected startups will get chance to incubate for period ranging from 3 months to 6 months. During the Incubation Period, the startups will undergo an intense mentorship to deliver time bound results. The startups will also undergo the Master Classes which will help them understand the fundamentals of entrepreneurship and build solution to the problems identified by them.

Post Incubation selected startups may get chance to participate in Acceleration Program for 9 months. During the Acceleration Program, the startups shall receive the knowledge through various masterclasses conducted periodically such as Go to market with a MVP, Marketing (traditional and digital) & Proactive Selling Skills Data Analysis and Sustainable Business Model Pitching to the investor & Scaling the Business. APIARY CoE will also help these startups raise an investment upto Rs. Twenty Five lakhs from potential Investors, Partner and their Associates based on their own discretion.

Offerings

Physical Facilities:

1. Ready to Work Plug and Play Space.
2. High Speed Internet Access.
3. Network Operation Center(NOC).
4. 24 x 7 x 365 days Operational work space.
5. Round the clock security.
6. Dedicated team /Support round the clock.

Incubation and co-working facilities:

1. CoE shall monitor and guide start-ups through dedicated mentor, portfolio managers and start-up support executives.
2. CoE shall review and monitor the progress/performance of start-ups periodically and take necessary action as and when required in co-ordination with PMG.

Technology & Business mentoring:

1. Mentors shall identify specific needs at specific time like prototyping/design vendors, small – scale manufacturing vendors, large – scale manufacturing vendors etc. and makes best efforts to connect the start-ups with such ecosystem players.
2. Full-time resource presence and organizing peer meetings with mentors at regular intervals.
3. Platform for accessing the mentor through an online portal.
4. Train/educate start-ups in the fields of research, user experience and business technology courses with cutting edge programming and deep-tech applications.
5. Support the start-ups for developing Proof of Concept, provide mentoring for designing & development and help start-ups to convert their idea into a reality.
6. Transforming the start-ups from idea level to Prototype level, Prototype level to MVP (Minimum Viable Product) level, MVP level to GTM (GoToMarket) level and graduating the start-ups into full-fledged company status.
7. Providing a multidisciplinary approach in developing innovative products based on identified business challenges.
8. Support for developing, enhancing and piloting start-ups prototype and business model in a collaborative environment.
9. Conducting need-based mentoring sessions on legal, compliance, branding, cyber security, domain technologies etc.

Marketing, Networking & Outreach:

1. Beneficiary Incubatees of CoE shall be included in marketing knowledge sessions, conducting road shows, networking events, social media outreach.
2. International events/programs shall be organized to attract global visibility.
3. CoE’s end-to-end marketing plans will place your start-up on the global map.
4. Partnerships with key international promotional agencies shall be carried out for cross border collaboration.

IPR Related Support Services:

STPI has signed MoU with M/s. NRDC (National Research and Development Corporation) for filing Intellectual Property Rights such as Patenting (Drafting & Filing), Trademark, Copyright and any other IPR related support/legal/statutory support.

Blockchain Platforms of AWS, IBM and Intel:

STPI has signed MoU with Amazon, IBM & Intel for making their platforms available to start-ups of the STPI CoEs.

INCENTIVES

Access to Funding & Investment:

CoE shall support and guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through grants, equity and debt by leveraging connections with potential customers and CSR/Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.

Timeline

Organized By

Stakeholders & Partners

About

Next Generation Incubation Scheme (NGIS) is STPI’s comprehensive incubation scheme which has a vision to drive the rise of India as a Software Product Nation so as to make India a global player in development, production and supply of Innovative, Efficient and Secure Software Productsthus facilitating the growth across the entire spectrum of ICT sector as envisioned in the National Policy on Software Products (NPSP) – 2019.

NextGen Start-upChallenge Contest (CHUNAUTI – Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention) is a series of online Challenges under NGIS. STPI has been strengthening the start-up eco system, through policies, initiatives, and creation of enabling networks. At present,there is a definite need for a higher percentage of women entrepreneurs in technology which will account for better innovation, increased economic gains and a gender equal society.Accordingly, to achieve a diversified & inclusive start-up ecosystem in India,and to recognize and celebrate the technical prowess of women-led start-ups who are creating cutting-edge technology that are solving some of the biggest problems facing people, our planet, and businesses, STPI through CHUNAUTI 2.0 is looking to identify and support promising startups with a special focus on women-led start-ups working on innovative technology products & solutions in focus sectors like Education, Healthcare & Wellness, Financed, SaaS, E-commerce, Agriculture and Environment, and give them access to networks, connects, learning and resources that are needed to build scalable, profitable and global businesses.

Who Can Apply

The eligibility criteria for a start-up to apply in the CHUNAUTI 2.0 program are as follows:

• The challenge invites the proposals/applications from Indian Start-ups * who are working in domain related to software product development.
• Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme.
• Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate, however, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

*At least 51% shareholding with Indian citizen or person of Indian origin.The applicant’s entity should not be a subsidiary company of any foreign corporation.

• To qualify as a “women-led start-up”, the start-up must either be headed by a women entrepreneur OR have a woman as founder or co-founder OR have women as majority stakeholder (at least 33 % of founders’ equity).

Note:

The Start-ups submitting the proposals/applications can be in any of the following stages.

Ideation Stage Start-up: An individual or team of individuals has an innovative product idea and wish to focus on developing that idea into a business.

Validation Stage Start-up: A validated proof-of-concept exists in a way that the prototype is anticipated to be ready in the foreseeable future. Alternatively, the prototype is ready and awaiting testing and validation.

Early Traction Start-up: The product has been validated and the start-up needs support in establishing itself as a business.

Scaling Stage Start-up: The start-up has initial revenue from customers and needs support in scaling its business & product portfolio.

Focus Areas

Startups having innovative Idea/Product/Solution focused including but not limited to the following:

1. FinTech – Financial inclusion, seamless& cost-effective financial transactions
2. Healthcare &Wellness
3. Education& Skill Enhancement
4. E-Commerce
5. Enterprise Software – SaaS
6. Environment
7. E-governance Solutions – last mile online delivery of services to citizenry.
8. Tourism & Hospitality
9. Agriculture
10. Cyber Security
11. Assistive Technology Solutions for Persons with Disabilities
12. Any other tech-aided product/solution which caters to one or more of the domains or focus areas mentioned above.

Selection Process

Screening, Evaluation & Selection:

1. Designated Committee(s) shall be formed for Screening, Evaluation & Selection.
2. All the applications received shall be subject to a rigorous centralized multi-tier screening process with involvement of appropriate experts from respective domain and/or location as deemed fit.
3. Decision of the designated Committee(s) shall be final & binding on all.

Duration

1. Duration of NGIS is 3 years.
2. Selected individual beneficiary start-up can avail benefits of NGIS in three phases of Nurture, Develop & market extended over 2 years.

Offerings

1. Ready to work Plug-n-Play incubation space along with highspeed internet access within the constraint of lockdown & thereafter.
2. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
3. Full-fledged security & vulnerability testing of Software Products through the dedicated Software Product Security Testing (SPST) facility.
4. Access to VCs for funding support.
5. Advisory Services such as HR, Legal, Accounting, IPR/Patenting and other support services.
6. Facilities and services including mentoring, networking/industry connects, marketing support, etc. of the pan-India domain specific CoEs of STPI may be leveraged.
7. Mentor, experts, industry network of STPI and MSH.

Financial Incentives

1. A seed funding of upto Rs. 25.00 Lakhs will be provided through Financial Institution to each beneficiary/supported Start-ups selected through CHUNAUTI under NGIS based on innovative idea, novel solutions, strong team & sound business proposal.
   1. Disbursal of seed fund to Start-ups will be based on milestones achieved, periodic review and recommendations.
   2. Seed funding to Start-ups will be against equity participation by STPI or its affiliate.
2. Start-ups who are in ideation stage may be selected under pre-incubation programme & mentored for up to six months to evolve their business plan & solution around the proposed idea. Each intern (start-up under pre-incubation) will be paid Rs. 10,000/- per month for a period of up to 6 months.
3. Cloud Credits from leading third-party service providers.

Timeline

Organized By

Stakeholders & Partners

About

The objective of Open Challenge Program(OCP) 1.0 is to identify, recognize & reward aspiring and early-stage tech entrepreneurs and innovators in the Healthcare domain. This platform facilitates aspiring entrepreneurs and innovators for being successful through the CoE’s facilities, services like strategic networking, seed funding, mentoring, providing support for training, marketing, patenting, and access to the CoE labs, tools, Software and state-of-the-art incubation facility.

Who Can Apply

1. The challenge invites the proposals/applications from Indian Start-ups who are working in Healthcare domain.
2. Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme.
3. Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate, however, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).

Problem Statements/Focus

1. Portable, Affordable, AI enabled Medtech devices for multi-parameter monitoring.
2. Medical devices for stroke detection/ Brain computer interface/ mental health/ Neuron Monitoring.
3. Wearable devices for health monitoring.

Domains

1. Healthcare.
2. ICT.
3. IoT.
4. E-Commerce.

Selection Process

Selection process would be organized in three (3) phases

Phase 1: Application form start-ups are invited through an online contest portal.

Phase 2: Shortlisting/ Screening of Ideas, POCs and solution having strong potential through initial scrutiny.

Phase 3: Selection of startups for this program through pitch-in session.

Note: Selected startups shall comply with the following.

1. Selected Start-ups have to operate from AIC STPINEXT INITIATIVES Bengaluru Incubation Facility.
2. The monthly rentals / charges as applicable shall be paid to AIC STPINEXT INITIATIVES.
3. To sign an equity share agreement with AIC STPINEXT INITIATIVES.

Duration

1. Application submission– Start Date 9th July 2021
2. Application submission– End Date 8th August 2021
3. Evaluation of Application– 27th August 2021
4. Announcement of result– 31st August 2021

Note: Changes in dates, if any, shall be made public on all relevant portals and social media channels well in advance.

Offerings

Soft Support

1. Mentoring support.
2. Access to VCs for funding support.
3. Networking opportunities/Industry connect and Go-to market support for exhibiting/showcasing products/solutions through various National/International events/workshops/exhibitions.
4. Advisory Services such as HR, Legal, Accounting, IPR/Patenting and other support services.

Physical Incentives

1. Ready to work P&P incubation within the constraint of lockdown & thereafter.
2. Full-fledged Healthcare lab facility.
3. Additional facilities and services of the pan-India domain specific CoEs of STPI may be leveraged.

Financial Incentives