Electropreneur Park is inviting proposals from electronic hardware start-ups for its pre-incubation, incubation and visual acceleration programs.
The program will run for a period of one and a half year wherein the start-ups will be given INR 50K grant in pre-incubation phase to INR 1.2 lakh grant for physical incubation program along with investors pitch.
The startups incubated at Electropreneur Park, will be offered strategic mentoring by industry stalwarts from pool of 30 leaders from companies like Murata, NXP, Global Foundaries, Cadence, Rambus, NIIT and highly successful entrepreneurs.
Access to design support from various supporting organizations like Infineon, STMicroelecronics, Texas Instruments, Microchip, Intel, NXP, Arrow, Avnet etc. Like every other year, Electropreneur Park will provide a robust technology focused sustainable infrastructure, allowing for advanced R&D, innovation and designing. The start-ups will receive funding assistance through government support, industry connect and through member base of IESA, STPI and University of Delhi.
Electropreneur Park made an investment over INR 2 crore in setting up the incubation lab for helping the start-ups. While entrepreneurs and start-up enthusiasts in India burst with new ideas, most of them face a major setbacks in setting a proper infrastructure and office space. This state of the art lab is equipped with the latest technology so that the start-ups do not have to worry about building infrastructure; with access to free office space, legal & IP support.
Speaking on the launch of the sixth edition, Sanjeev Chopra, CEO, Entrepreneur Park said, “The electronics industry is one of the fastest growing in the country. Growing at fast paced rate, the industry indicates that it is one of the major contributors to the Indian economy. By focusing on incubating and nurturing start-ups in the electronic eco-system, we envision to open avenues for job opportunities in the country, push for production, demand and consumption of electronic products in the domestic market which will further help in the economic development.”
“Developing high-quality electronic products at affordable prices will not only help in inclusive adoption and deployment but will also further help in improving productivity, efficiency and ease of operations in other sectors. We are thus approaching towards a holistic growth and development for the Indian economy,” he further added.
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