Deadline: 31 July 2024
The iCreate’s Technology Exploration Cell (TEC) aims to encourage entrepreneurs by supporting them in developing a working model or proof-of-concept of their idea.
The TEC grant is residential, sector-agnostic, and projects from any domain can apply. The only requirement is that the project should have an element of technology innovation at its core. There is no restriction on who can apply, so everyone – from working professionals to students – is welcome! And true to its name, the TEC also supports selected startups with the tools and the confidence to explore the different possibilities offered by technology – through mentoring, hand-holding, orientation and reviews at various stages.
What’s in for you?
- Business and technical mentorship
- Capacity building workshops
- Access to workshop at their state-of-the-art campus in Ahmedabad
- Access to library and iLab@iCreate, their rapid prototyping and digital innovation lab
- Facilities like internet, meeting rooms, tea, coffee, and food at their cafeteria
- Hostel accommodation in their vibrant campus dedicated to startups
- Access to their countrywide network for expansion and growth
- Access to the startup ecosystem through participation in relevant events
- Incubation and funding support, post- utilisation of the grant
- Investor connects and Corporate connects & PoC
Funding Information
- Through this grant, the candidate will receive an amount of up to Rs 2 lakhs, and the proof-of-concept must be developed in 90 days.
- The grant is completely no-cost and non-returnable, and is normally disbursed in four tranches – the first tranche in advance, and the remainder tranches are subject to suitable progress by the candidate.
Who can apply?
- Eligibility criteria for applicants:
- You should be an individual innovator, student, or startup.
- You should be an Indian citizen.
- Your project should be in the Idea-to-PoC development stage, or have a PoC ready.
- Your project should relate to hardware or software-based technology innovation.
- In case of the grant by the Government of Gujarat, your startup should be registered as an LLP or private limited company in Gujarat.
- To get maximum benefit from this programme, iCreate strongly recommends that applicants should reside on campus. Such projects will also be given greater preference in selection.
For more information, visit iCreate.