Department of Science and Technology (DST), Government of India, Intel Technology India Pvt. Ltd (Intel India), and Society for Innovation and Entrepreneurship (SINE), IIT Bombay entered into a tie-up in order to support the start-up environment in India further more. The collaborative program has specially been launched for supporting the hardware and system start-ups.
Aim is to support 20 start-ups
It's a unique program through which government, industry and academia will work together in order to support the start-ups which are based on hardware and systems.
The official said "Under this program, DST, Intel India and SINE focus to support 20 start-ups. The call for applications for the first batch will be declared in early August 2016."
Support will be provided for six months Start-ups will be supported for six months on site at SINE, IIT or Intel India. After six months the solutions will be displayed before investors and industry experts and after that the virtual support will be provided for another six months.
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