MOTION OCP 4.0

ABOUT

Creation of a holistic eco-system for encouraging R&D, innovation, Entrepreneurship in the Automotive:ACES sector in India by providing physical infrastructure and support services for prototyping, developing, testing & marketing; to incubate start-up units to create innovative solutions to meet the existing and emerging needs of automotive sector; to provide business and technological mentorship & guidance in the domain; to provide networking services linking up with funding sources and other stakeholders (alumni, academic institutions, other incubators, etc.); to enable creation of IPs domestically;

WHO CAN APPLY

STPI MOTION is inviting applications from the Startups working in ACES domain.

Company Type
1. The start-up should be incorporated as a-
A. Private Limited Company (as defined in the Companies Act, 2013) or
B. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
C. 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 charges are Rs. 2500/- + tax per seat per month and start-up shall offer equity to STPI/STPINEXT as decided & agreed upon.

FOCUS AREAS

Startups having innovative Idea/Product/Solution in following focus area:
1. Autonomous Vehicle
2. Connected Vehicle
3. Electric Vehicle
4. Shared Vehicle
Click here for problem statements
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:23^rdJune, 2023
2. Application submission– End Date: 22^nd August, 2023

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 Assistance
4. High Speed Internet Access
5. Access to VC funding
6. Technical Support
7. Marketing Support
8. IPR Related Support Services
9. Access to 21+ 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

MOTION CoE shall support through initial financial assistance of up to Rs. 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.

4th Cohort of Image COE

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 SucSEEDInnovationn Fund.

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

FOCUS AREAS

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

a) Gaming
b) Animation
c) VFX
d) Computer Vision and AI

SELECTION PROCESS

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

Phase-1:Applications from start-ups are invited through an online contest portal
Phase-2: Shortlisting of applications having a strong potential through initial scrutiny
Phase-3: Selection of start-ups through the pitch-in session.

DURATION

6 Months

OFFERINGS

a)State-of-the-art plug and play incubation space of 10,000 Sq ft.
b)Seed funding to selected start-ups from IMAGE CoE
c) Plug & Play Infrastructure with access to conference rooms and a fully equipped Preview Theatre
d) Connections with major VCs and Angel funds
e) Demo Day to showcase your products/services to investors
f) Access to Mocap Studio (upcoming)
g) Mentorship from Industry Experts
h) Market Access through ecosystem enablers - HYSEA, TVAGA, Telangana Government, STPI, IIIT-H, Hyderabad Angels, SucSEED indovation fund and many others
i) Legal, IPR & Statutory Support.
l) Collaboration with major media platforms

INCENTIVES

a) Seed funding to selected start-ups from IMAGE CoE
b) Up to 30 Lakh Seed Fund to eligible start-ups from SucSEED Indovation Fund
c) Microsoft Azure Credits upto $1,50,000
d) AWS Credits upto $10,000
e) License credits by Mathworks & Freshworks

Apiary IDEA CHALLENGE PROGRAMME - 4.0

ABOUT

Apiary – Centre of Entrepreneurship in Blockchain Technology is a Blockchain focused Technology & Business Incubator (TBI) located at STPI, Gurugram. Apiary CoE has a mandate to onboard 100 start-ups over 5 years. Software Technology Parks of India (STPI) is an autonomous body under the Ministry of Electronics & Information technology (MeitY).

• Objectives: To identify & support potential cutting-edge IT entrepreneurs especially in the field of Blockchain and significantly contribute towards product development, job creation and enhance economic health of the region.

• Theme: The theme for the ICP 4.0 is “BUSINESS TRANSFORMATION THRU EMERGING TECHNOLOGIES”.

• Location: The Apiary CoE is located in Gurugram, Haryana at C/o STPI, Plot No. 30, Electronic City, Phase IV,Udyog Vihar, Sector-18, Gurugram, Haryana (INDIA) – 122015

• Target Beneficiaries: Apiary CoE has a mandate to onboard 100 Start-ups over 5 years.

• Chief Mentor: Sh. Pankaj Thakar, Co-founder, PadUp Ventures Private Limited

WHO CAN APPLY

Technology Domain:
The challenge invites the proposals/applications from Indian Start-ups& Entrepreneurs who are working in Blockchain domain.

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).

DPIIT Registration:
Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme. This is not a mandatory requirement for applying. However, start-ups must confirm to the definition of Start-ups prescribed by DPIIT.

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

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.

Haryana Registered Start-ups:
Start-ups from Haryana State are encouraged to participate in this program

FOCUS AREAS

• AI, ML, IoT, Data Analytics startups have potential use of Blockchain
• Capital Markets & Financial Services
• Global Trade & Commerce
• Digital Identity
• E-Governance
• Agriculture
• Industrial IoT
• Supply chain Management
• Energy & Sustainability
• Healthcare & Lifesciences
• Insurance, Law, Media & Entertainment
• CBDC & Cryptocurrency
• Gaming & E-Sports

SELECTION PROCESS

Apiary CoE Selection Process would be organized in three (3) phases: -

• Phase-1: Applications from start-ups are invited through an online contest portal
• Phase-2: Short listing of Ideas, POCs and Solutions having strong potential through initial scrutiny
• Phase-3: Selection of start-ups for this program through pitch-in session.

The final set of companies shall present their business plan to the Start-up Evaluation & Selection Committee.  

DURATION

• Application Submission Start Date : 17^th July 2023
• Application Submission End Date : 31^st Aug 2023

OFFERINGS

• Apiary Selected Start-ups will get access to pitch to STPI’s Investors’ Partners Network to raise Seed / Angel & VC funding
• State of Art Plug & Play Office Space at STPI, Gurugram
• Opportunities to participate in various Governments’ Program & Digitization Initiatives
• Opportunities to work with various Governments’ problem statements
• Opportunities to work with various Industries’ problem statements
• Structured Training & Mentoring by Industry Expert / Domain Mentors
• Access to IBM, Intel & Amazon Blockchain Platform
• Secretarial Support for Company Formation, IPR Filings & Regulatory Compliances test

4th Incubation Cohort of AIC STPI Bengaluru

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, Electronics & E-Commerce etc.
OCP4.0 i.e Open Challenge Program nothing but Incubation Cohort to shortlist quality Ideas/Startups in the following domain/focus areas.

WHO CAN APPLY

• 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)

FOCUS AREAS

• Healthcare
• ELECTRONICS
• ICT
• IoT
• E-Commerce

SELECTION PROCESS

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.

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 STPINEXTINITIATIVES incubation policy.

DURATION

• Application Submission Start Date : 17^th July 2023
• Application Submission End Date : 16^th Aug 2023

OFFERINGS

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

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