Submissions are invited for 4th Cohort of Image COE Accelerator Program by STPI for the year 2023. The last date of application is 5 August.
About IMAGE
“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
- Gaming
- Animation
- VFX
- 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
- State-of-the-art plug and play incubation space of 10,000 Sq ft.
- Seed funding to selected start-ups from IMAGE CoE
- Plug & Play Infrastructure with access to conference rooms and a fully equipped Preview Theatre
- Connections with major VCs and Angel funds
- Demo Day to showcase your products/services to investors
- Access to Mocap Studio (upcoming)
- Mentorship from Industry Experts
- Market Access through ecosystem enablers – HYSEA, TVAGA, Telangana Government, STPI, IIIT-H, Hyderabad Angels, SucSEED indovation fund and many others
- Legal, IPR & Statutory Support.
- Collaboration with major media platforms
Application
Interested candidates can apply online via this page.
Important dates
- 5th July 2023: Application submission start date
- 5th August 2023: Application submission end date
- 26th August 2023: Evaluation, Shortlisting & Selection
- 5th September 2023: Final Pitch in front of Select Committee Panel
- 26th September 2023: Announcement of Result
Incentives
- Seed funding to selected start-ups from IMAGE CoE
- Up to 30 Lakh Seed Fund to eligible start-ups from SucSEED Indovation Fund
- Microsoft Azure Credits upto $1,50,000
- AWS Credits upto $10,000
- License credits by Mathworks & Freshworks
