Document

 

IoT Open Challenge Program (OCP) 3.0

 

ABOUT

CoE- STPI IoTOpenLab aims to support & nurture around 500 start-ups over a period of 5 years. The initiative is expected to contribute to Make-in-India & Digital India programmes of Govt. of India by reducing Electronics imports and recognize value of IP & Technology locally. 
Software Technology Parks of India (STPI), under Ministry of Electronics & Information Technology (MeitY), Govt. of India in collaboration with Arrow Electronics has setup Centre of Excellence “STPI IoTOpenLab”  located at Electronics city, Phase-1. Bengaluru to promote the startups in IoT domain. STPI CoE- IoTOpenLab has become Operational since 21st September 2020.

 

WHO CAN APPLY

The STPI IoTOpenLab invites the proposals/applications from Electronic Hardware Start-ups who would like to use T& M equipment, tools, sample bank of electronics etc. for more information visit: http://www.iotopenlab.stpi.in

The start-up must be incorporated as a
• Private Limited Company (as defined in the Companies Act, 2013) or
• Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
• Limited Liability Partnership (under the Liability Partnership Act 2008)
The date of registration/incorporation must not be beyond 10 years.

Annual Turnover:
Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.

Original Entity :
Entity should not have been formed by splitting up or reconstructing an already existing business.

Innovative & Scalable:
Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.

Terms & Conditions
• Each start-up have to pay one time Registration Charges of Rs 10,000 visit: http://www.iotopenlab.stpi.in for more information.
• Each start-up have to book the time slot in advance
• Start-ups can walk into the CoE to get access to infrastructure and Services
• The start-up who wish to avail STPI physical incubation space may approach STPI. The allocation, charges and T&C shall be as per STPI Incubation norms
• Any specific sample /component required by start-up, which is not in the list of the sample bank of electronics shall be arranged by start-up themselves

FOCUS AREAS

  • 1. Smart Building
  • 2. Smart Street/Traffic Lighting System
  • 3. Smart Water Monitoring
  • 4. Smart Security Surveillance
  • 5. Smart Parking
 

SELECTION PROCESS

IoTOpenLab 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 of Ideas, POCs and Solutions having strong potential through initial scrutiny
Phase-3: Selection of start-ups for this program through pitch-in session.
 

DURATION

• Application submission– Start Date 7th june, 2021
• Application submission– End Date 6th August 2021

OFFERINGS

• Ready-to-Work Plug & Play space as per requirement.
• STPI IoTOpenLab Test & Measuring Equipment and Tools
• Access to T&M Equipment, Tools and Sample Bank of Electronics
• High Speed Internet Access
• Mentor Network
• Market access through the Industry associations like IESA, TiE
• Access to Investors.
• Access to Credits from the ECO system partners like Mathworks, etc
• Sponsorship to National level events to showcase your products
• Access to National wise STPI CoEs Network
• IPR Related Support Services

TIMELINE

7th June 2021
Application submission start date
6th August 2021
Application submission end date
16th July 2021
Completion of screening
22nd July 2021
Announcement of Shortlisted Applicants

Note: Dates are subject to change. Kindly check the portal regularly for latest information.


ORGANISED BY

STAKEHOLDERS & PARTNERS