Deadline: 31 January 2025
Applicants are now invited to submit applications for Hero For Startups (HFS), a pioneering initiative by Hero MotoCorp, an accelerator program designed to engage with and empower the startup ecosystem in India.
Through this program, Hero, in collaboration with T-Hub, seeks to collaborate with startups to co-create innovative solutions that address critical challenges in the mobility sector.
By fostering an environment of collaboration, Hero aims to accelerate the growth of startups, providing them with the resources, mentorship, and support necessary to scale their solutions and contribute meaningfully to the future of mobility.
Objectives
- Foster Innovation
- To drive the development of cutting-edge technologies and solutions in the mobility sector by leveraging the innovative potential of startups.
- Accelerate Growth
- To mentor and accelerate the growth of startups, helping them scale their solutions and integrate them into Hero MotoCorp’s product line, leading to widespread impact.
- Collaborate with the Indian Startup and Innovation Ecosystem
- To work closely with emerging startups, providing them with the tools and support to solve real-world business challenges.
- Sustainability and Long-Term Impact
- To ensure that the innovations developed through HFS are sustainable and contribute to the long-term goals of transforming mobility for India and beyond.
Focus Areas
- Hero MotoCorp, in collaboration with T-Hub, seeks to transform the mobility landscape by focusing on cutting-edge innovations that will redefine the future of transportation.
- Acoustic Simulation
- Advanced Simulation
- Alternative Fuel – Hydrogen For 2W
- AR / VR
- Customer and Market Intelligence
- LLM on Edge
- Autonomous Mobility
- Battery Technology
- Charging Infra
- Connected Vehicles – Safety, Comfort and Data Monetisation
- Human Machine Interface
- Industry 4.0 / Digital Factory
- Material Science
- Sustainability
- Disruptive EV Tech
- Emerging Mobility
- Mobility Platforms as a Service
- Digital Twin Technology
Benefits
- Business Development Opportunities
- Work on a paid PoC with Hero MotoCorp. Solve specific product and business opportunities available to Hero.
- Successful PoCs will have the opportunity to be integrated into Hero’s product line and business and operational processes.
- Technical Support
- Access Hero’s advanced facilities, including the Digital Innovation Team (DIT), the Center of Innovation and Technology (CIT), the Supply chain, production team, and business units.
- Get resources like cloud access, vehicles, and plants for testing and development.
- Bootcamps & Capacity Building
- Building and enhancing the technological capabilities of startups to ensure they are prepared for the future demands of the industry.
- Strengthening the operational and strategic capabilities of startups to enable them to compete effectively in the market.
- Ensuring that the solutions developed are sustainable and aligned with long-term industry trends.
- Mentorship from Hero Leadership
- Receive mentorship from Hero’s leadership team.
- Gain insights and strategic guidance from individuals who have been instrumental in shaping the mobility sector in India.
- Create | Collaborate | Inspire
- Collaborate: Hero is committed to working closely with startups to address and solve critical mobility challenges.
- Co-Create: The joint development of innovative solutions that have the potential to transform the industry.
- Celebrate: Recognizing and celebrating the success of startups as they achieve key milestones and contribute to the mobility sector.
Eligibility Criteria
- Stage of Development
- Startups must have a working prototype or a Minimum Viable Product (MVP).
- Market Readiness
- The startup should demonstrate market readiness with some level of market validation, such as initial traction, pilot programs, or early users.
- Team Composition
- The startup should have a dedicated, full-time team with at least two co-founders or core team members. The team should have a clear vision and complementary skill sets relevant to the startup’s mission.
- Business Registration
- The startup must be a registered business entity in its country of operation. Preference will be given to startups registered in India or those with a significant market presence in India.
For more information, visit Hero for Startups.