About Us

The Growth Booster in AP & Telangana

The Role of STPI in the growth of the IT industry has been tremendous, especially in the case of start-up SMEs. STP scheme the catalyst The STP scheme is a 100 percent export-oriented scheme for the development and export of computer software, including export of professional services using communication links or physical media. This scheme is unique in its nature as it focuses on one product/sector, i.e. computer software. The scheme integrates the government concept of 100 percent Export Oriented Units (EOUs) and Export Processing Zones (EPZs) and the concept of Science Parks/Technology Parks, as operating elsewhere in the world. The total exports from the STPI-registered units under STPI-Hyderabad has gone from Rs. 4.76 crore in 1992-93 to Rs. 1,20,975.78 crore in FY 2022-23.

New Initiatives

IMAGE at Hyderabad

IMAGE CoE, an initiative by STPI at Hyderabad to provide resources such as mentoring, technology support and funding for Gaming, Animation, VFX, Computer Vision and AI startups, was launched 17th February 2020. With 10,000 sq. ft. built-up space at STPI-Hyderabad, IMAGE offers integrated programs, CVLAB and GameLab, for startups to scale up through its incubation facility. IMAGE has onboarded 43 startups. IMAGE has 37 mentors, 8 partners, and it has conducted 5 training/mentorship programs.

CoE in Industry 4.0 at Visakhapatnam

Kalpataru is a Center of Entrepreneurship established under the guidance & tutelage of Software Technology Parks of India (STPI) to promote innovation and entrepreneurship in Industry 4.0. Kalpataru fosters the spirit of growth and dynamism to help tech-based innovators establish a solid global standing from start to finish. Right from infrastructure and funding to marketing leading innovations, this CoE aims to create futuristic minds that promote the idea of Make In India. The Centre of Entrepreneurship offers an ecosystem where ideas can grow and come to life in Industry 4.0. To bring these colossal initiatives to fruition, Kalpataru gives participants access to support from bankers, financial institutions, mentors, investors, and a platform that helps them market their solutions.