The program offers a blend of live sessions, hands-on sessions, and mentorship from esteemed academics and industry professionals, providing a comprehensive learning experience.
This course has been meticulously crafted with an inter-disciplinary curriculum that meets today’s aspirations for innovation.
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OctaNE, a cluster of eight CoEs in the Northeast is inviting applications from the Startups/ Entrepreneurs for Open challenge Program in domain in IoT in Agriculture, Animation, Emerging Tech-AR/VR,IT Applications in Graphic Design, Gaming & Entertainment, Data Analytics & AI, IT Applications in Healthcare & Agritech and GIS Applications (incl. Drone Technology). Open Challenge Program (OCP) is a platform where a Start-up gets an opportunity to get selected for CoEs to solve problems through innovative solutions. The objective of Open Challenge Program (OCP) is to identity, recognize & reward aspiring and early-stage tech entrepreneurs. This platform facilitates aspiring entrepreneurs and innovators and their success through strategic networking, seed funding, mentoring, providing support for training, marketing, patenting, access to the CoE labs, tools, software and state-of-the-art incubation facility.
The objectives of opening these CoEs are:
WHO CAN APPLY
FOCUS AREAS
India’s journey towards becoming an IT-empowered nation is a testament to the transformative potential of IT in inclusive growth
In the contemporary landscape of the Indian economy, the infusion of disruptive technologies has ignited a digital revolution, propelling the nation into a global IT powerhouse. India is currently witnessing an unprecedented ubiquity of technology, with entrepreneurs leveraging cutting-edge technologies like AI, blockchain, Internet of Things (IoT), machine learning, and data analytics to tackle multifaceted challenges. Today, India possesses all the necessary ingredients to become a modern IT-empowered nation: a wealth of educated workforce, technological expertise, supportive government policies, and a collaborative digital ecosystem are driving the nation forward.
The recent G20 Summit showcased India’s prowess in emerging technologies and digital transformation. India successfully demonstrated that its IT sector is a force multiplier and a bulwark of innovation, continuing to empower cutting-edge digital solutions. According to the RBI survey, the revenue from Indian IT service exports rose to USD 185 billion during FY2022-23. This monumental contribution by India’s IT industry on the world stage underscores the sector’s pivotal role in weaving the nation’s economic fabric.
With the proliferation of low-cost data and increased system transparency, India’s revolutionary digital initiatives like BHIM-UPI and e-RUPI have gained international recognition as pioneering steps towards digital transformation. The rise of digital payment systems and the push towards a cashless economy have improved accessibility to financial services, enhanced commercial inclusion in tier-2 and tier-3 cities. Together with conducive government initiatives like the JAM trinity (Jan Dhan, Aadhaar, and Mobile), India has catalyzed the rise of a dynamic startup ecosystem, propelling the nation to the forefront of global technological innovation. This strategic approach aligns with the government’s vision of creating a holistic environment conducive to growth, exemplified by initiatives such as Make in India, Digital India, and Skill India to support schemes for Micro, Small, and Medium Enterprises (MSMEs).
Currently, India boasts the world’s third-largest IT startup ecosystem, a testament to the nation’s prowess in leveraging technology for innovation and economic advancement. As India looks ahead to 2024 and beyond, several trends and milestones indicate a bright future for the country’s digital economy. India’s digital economy is set to account for over 20 per cent of its GDP by 2026, showcasing the sector’s robust growth. From 4.5 per cent in 2014 to 11% today, the digital economy’s contribution is on a steep upward trajectory.
The focus is shifting from established players to open-source systems and disruptive startups, broadening the scope of digitization. Digital public infrastructure, security, and digital skilling are becoming pivotal areas of focus. The demographic dividend of a young, educated workforce, combined with a deep pool of tech-savvy talent, has created a fertile ground for innovation and collaboration.
The ecosystem’s vibrancy is further accentuated by the government’s supportive policies, encouraging indigenous entrepreneurship and establishing a level playing field for startups. Today, India’s tech startups are not merely addressing age-old systemic challenges; they are also sowing the seeds for a brighter and more sustainable India.
With the world looking to leverage the power of AI, India has emerged as a trailblazer in harnessing the latent potential of AI.
With a robust foundation laid by government initiatives, a dynamic private sector, and an adaptive population, India is poised to emerge as a global digital powerhouse. The year 2024 promises to be a turning point, with a focus on inclusivity and innovation reaffirming India’s status as a leader in the global digital economy.
(The writer is Director General, Software Technology Parks of India; views are personal)
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Next Generation Incubation Scheme (NGIS) is STPI’s comprehensive incubation scheme which has a vision to drive the rise of India as a Software Product Nation so as to make India a global player in development, production and supply of Innovative, Efficient and Secure Software Products thus facilitating the growth across the entire spectrum of ICT sector as envisioned in the National Policy on Software Products (NPSP) – 2019.
NextGen Start-up Challenge Contest (CHUNAUTI - Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention) is a series of online Challenges under NGIS.
Following the success of the 16 Challenge Programs, STPI is now prepared to launch CHUNUATI 8.0, the call for application, to identify and support promising startups working towards building products/solutions in Emerging Tech.
WHO CAN APPLY
The eligibility criteria for a start-up to apply in the challenge program shall be as follows:
• The challenge invites the proposals/applications from Indian Start-ups *who are working in domain related to software product development.
• Start-ups registered with DPIIT under start-up India program are encouraged to participate in this program.
• Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate, however, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).
*At least 51% shareholding with Indian citizen or person of Indian origin. The applicant’s entity should not be a subsidiary company of any foreign corporation.
Note: The Start-ups submitting the proposals/applications can be in any of the stages viz. Ideation Stage, Validation Stage, Early Traction Stage, Scaling Stage Start-up.
ABOUT
Next Generation Incubation Scheme (NGIS) is STPI’s comprehensive incubation scheme which has a vision to drive the rise of India as a Software Product Nation so as to make India a global player in development, production and supply of Innovative, Efficient and Secure Software Products thus facilitating the growth across the entire spectrum of ICT sector as envisioned in the National Policy on Software Products (NPSP) – 2019.
NextGen Start-up Challenge Contest (CHUNAUTI - Challenge Hunt Under NGIS for Advanced Uninhibited Technology Intervention) is a series of online Challenges under NGIS.
Following the success of the 16 Challenge Programs, STPI is now prepared to launch CHUNUATI 8.0, the call for application, to identify and support promising startups working towards building products/solutions in Emerging Tech.
WHO CAN APPLY
The eligibility criteria for a start-up to apply in the challenge program shall be as follows:
• The challenge invites the proposals/applications from Indian Start-ups *who are working in domain related to software product development.
• Start-ups registered with DPIIT under start-up India program are encouraged to participate in this program.
• Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate, however, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).
*At least 51% shareholding with Indian citizen or person of Indian origin. The applicant’s entity should not be a subsidiary company of any foreign corporation.
Note:
(a) The Start-ups submitting the proposals/applications can be in any of the stages viz. Ideation Stage, Validation Stage, Early Traction Stage, Scaling Stage Start-up.
STPI has launched FinGlobe CoE in Financial Tech at Gandhinagar, totalling to 24 operational CoEs pan-India.
Further, STPI launched its 64th centre at Kochi, Kerala & 65th centre at Bhagalpur, Bihar.
STPI-registered units contributed Rs. 9,433,12.666 crores to the software exports.
STPI launched 2 more CoEs including Kalpataru a CoE in Industry 4.0 at Vizag and Efficiency Augmentation CoE at Bengaluru, totalling to 23 operational CoEs pan-India.
STPI-registered units contributed Rs. 8,48,398 crores to the software exports.
STPI launched EmTek a CoE in Emerging Technologies at Rourkela, totalling to 21 operational CoEs pan-India.
STPI launched the 62nd centre at Meerut, Uttar Pradesh & 63rd centre at Davanagere, Karnataka.
STPI, in collaboration with ESC, launched a startup initiative "Building the next unicorn-mission to USA".
Under this mission, 33 startups were selected for global exposure & funding support by visiting the USA.
STPI-registered units contributed Rs. 6,28,330 crores to the software exports.
Software Technology Parks of India (STPI), an autonomous society under Ministry of Electronics and Information Technology, Govt. of India has been set up with distinct focus to boost up Software export from the country.
STPI Headquarters is located in New Delhi with 68 Centres spread across the country.