- Focuses on Chip-level innovation for Telecom, IoT, AI, and Automotive.
- Criteria based on product innovation, technology, , and founder experience.
The AIC T-Hub Foundation program, under the visionary partnership with AIM, has already seen success with cohorts focused on healthcare, mobility, and sustainability. This new semiconductor cohort will further contribute to India's technological landscape by supporting 10 startups over the course of 6 months. Amongst the selected startups are- FaceIntel Systems, Clupav Scientific Pvt Ltd, Deep Grid Semi, Sego Automobile Solution Pvt Ltd, Spidex Technologies Pvt Ltd, Geocon, Chipex Technologies Pvt Ltd and Zealy Smart System.
The cohort will concentrate on key areas such as Chip-level and Systems development for Telecom, IoT, AI, and Automotive. Startups will be chosen based on product innovation, patent strength, technological advancement, and the experience of the founding team. The 6 month-long cohort-based program will feature group sessions, mentor meets, investor demo days, and market access mixers. Additionally, startups will receive support in the form of MPW (Multi-Project Wafer) assistance, EDA (Electronic Design Automation) tools, access to T-works prototyping labs, and opportunities to connect with potential investors and customers.
Mahankali Srinivas Rao, CEO, T-Hub, said, “T-Hub is committed to providing startups with the essential support, strategic partnerships, and an innovation-rich environment necessary for scaling their semiconductor breakthroughs. This cohort, with its focus on innovative technologies, is poised to play a pivotal role in reshaping and advancing the semiconductor sector, contributing to the sector's growth and innovation landscape."
Rajesh Adla, CEO of AIC T-Hub Foundation, stated, "Our goal is to cultivate a vibrant ecosystem that not only inspires but actively engages entrepreneurs to explore the semiconductor domain. AIC T-Hub Foundation is committed to nurturing the spirit of innovation in this dynamic industry."
The cohort launch event featured esteemed speakers, including Jayesh Ranjan, Principal Secretary, Information Technology (IT) & Industries and Commerce (I&C), Government of Telangana, industry leaders such as Dr. Satya Gupta, President VLSI Society of India; Founder EPIC; Open-Silicon and IESA Chairman; Intel, Navin Bishnoi, Country Head (Marvell Technologies India) & AVP Engineering (Compute and Custom Solutions), Nazir.S, Senior Partner Manager ARM, Dr. Manoj Kumar, Director, Innovations and Partnerships, STMicroElectronics PadmajaRuparel, Co-Founder at Indian Angel Network & Founding Partner of IAN Fund.
The AIC programmes excel with 150+ startups, supported by 8+ Cr in funding, and enriched by an extensive network of 300+ mentors, marking a testament to its impactful journey. Two startups launched chips, and market access flourished with pilots for Mahindra, Schindler, Birla Group, and TCS. Interested startups can apply until November 2024.
ABOUT T-HUB
T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over the six years, T-Hub has pivoted around the 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for start-ups, corporations, and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international start-ups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.
ABOUT AIC-AIM
Atal Innovation Mission (AIM) intends to support the establishment of new greenfield incubation centres called Atal Incubation Centres (AICs) that would nurture innovative startups in their pursuit to become scalable and sustainable business enterprises. AIM will support these AICs in creating world-class incubation facilities across the country with the state-of-the-art physical infrastructure, in terms of capital equipment and operating facilities available to their incubated startups, coupled with the availability of sectoral experts for mentoring. Apart from this, business planning support, access to seed capital, industry partnerships, training and other relevant components required for supporting innovative startups will be provided.
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