Applications are invited for AIC STPI Bengaluru OCP 6.0 by STPI for the year 2024. The last date of application is July 1.
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.
OCP 6.0 i.e. Open Challenge Program nothing but Incubation Cohort to shortlist quality Ideas/Startups in the following domain/focus areas.
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/ Screening of Ideas, POCs and solution 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.
- This OCP is part COHORT of Business Incubation Program instead of just competition.
- Selected Start-ups need to operate from AIC STPINEXT INITIATIVES Bengaluru Incubation Facility.
- All shortlisted applicants will be considered as Incubatee/Startups.
- Onboarded startups shall agree to share suitable Equity model as per AIC STPINEXTINITIATIVES incubation policy.
How to Apply?
Interested candidates can apply online via this page.
Important dates
- 30th May 2024: Application submission start date
- 1st July 2024: Application submission end date
- 8th July 2024: Evaluation,Shortlisting & Selection
- 19th July 2024: Final Pitch in front of Select Committee Panel
- 26th July 2024: Announcement of Result
Offerings
- Complete Incubation support & Co-working space
- Makerspace (Lab)
- Mentoring support viz Product/Business development, 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.
- Additional facilities and services of the pan-India domain specific CoE’s 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).
Contact
For technical queries in filling the application form, please contact at: startup.pmu@stpi.in.
