About the Organization
The Centre of Excellence for IoT & AI was announced by the Prime Minister Narendra Modi in July 2015 as a part of Digital India Initiative to jump start the IOT & AI ecosystem taking advantage of India’s IT strengths and help the country attain a leadership role in the convergent area of hardware and software. The main objective of the centre is to create innovative applications and domain capability by harnessing the innovative nature of startup community and leveraging the experience of corporate players.
About the Challenge
Manufacturing Innovation Challenge is developed with an aim to solve manufacturing sector challenges through emerging smart technologies.
The platform of Manufacturing Innovation Challenge (MIC) has given deep-tech start-ups the opportunity to connect with leading manufacturing firms. The MIC was launched by NASSCOM CoE to bring the best minds from industry, academia, start-ups, and government to drive a culture of co-creation & research to find solutions for complex business problems. The start-ups are invited to participate in the challenge to propose solutions to the nominated industry use cases and the best solutions get a chance to work with the respective partners. In the current market scenario, where quick implementations of innovative solutions have become the need, collaborative models are going to be the new trend in the industry. The enterprises need to adopt such ready-made platforms to speed-up their digital transformation.
Launched in 2020, Manufacturing Innovation Challenge (MIC) is an initiative of NASSCOM CoE, aiming to build collective capabilities between large enterprises and entrepreneurs for solving complex manufacturing challenges. Four MIC editions have been completed that benefited 18+ manufacturing enterprise to find desired solutions for their use-cases through engaging 350+ matured startups.
Eligibility
- Should have an annual turnover not exceeding Rs. 25 crore
- Period of existence should not be exceeding 10 years from the Date of Incorporation
- Should have the total manpower not more than 100 employees
Important Dates
- Application Start Date - 12 JUL, 2022
- Application End Date - 2 AUG, 2022
- Application Result Date - 12 SEP, 2022
Contact
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