The Department of Science & Technology (DST), Government of India, Intel India and Society for Innovation & Entrepreneurship (SINE), IIT Bombay, have come together to launch the collaborative incubation programme for hardware and systems startups.
Under this programme, industry, academia and the government have teamed up to support hardware and systems-based startups in the country through mentoring, training lab facilities, hardware kits, prototyping, business services and funding.
The programme will address gaps in the hardware and systems startup ecosystem that companies face in product design, development, commercialisation and will create scale for their solutions.
DST, Intel India and SINE aim to support up to 20 startups under this programme. The call for applications for the first batch will be made in early August 2016.
During the year-long programme, startups will be supported for six months on-site at SINE, IIT Bombay, or Intel India, Bengaluru. After the six-month period, the startups' solutions will be showcased to investors and industry players at a demo. The programme will extend virtual support for another six months. Participating startups will be incubated through intensive training periods, one-on-one mentoring, technology related support from Intel experts, business service support from SINE, besides prototyping and manufacturing support.
Intel India will build capacities through mentors, provide technology related support for productisation, and facilitate ideation, design thinking, prototyping workshops and manufacturing support through industry experts.
