AIC STPI Bengaluru Open Challenge Program 6.0 (India)

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

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)

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.

For more information, visit STPI.