Aug 12, 2022
Altair Start up Challenge 2022
About the Organization
Altair (Nasdaq: ALTR) is a global technology company, which provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI). Altair enables organizations in nearly every industry to compete more effectively in a connected world while creating a more sustainable future. Our vision is to help enterprises make decisions leveraging the convergence of simulation, HPC, and A.I.
About the Challenge
Altair Start-up Challenge (ASC), in collaboration with Start-up India / Invest India and other partners, aims to inculcate Simulation driven design culture at the early stage of their product life cycle to enable them to explore revolutionary designs and rapidly innovate, evaluate more design variables at lower cost, risk and time to market. Altair's state-of-the-art technology solutions will help identify the pain points, enablers, and challenges through Simulation and AI / Data-driven process. Launched in 2019 in partnership with start-up India, other industry bodies ,industry experts and academia, we have mentored 50+ start-ups successfully over 3 editions.
In line with Defence ministry, GoI aim to create an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes & academia, Altair would be dedicating 2022 edition to A&D start-ups. The theme of this year is “Next Generation Aero and Defence Systems development including unmanned mobility platform.”
Eligibility
Start-ups, as defined and recognized by the Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, Government of India as well as those who are registered on the start-up India platform.
Any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small, and Medium Enterprises (MSME) as defined in the MSME Act, 2006.
It is mandatory that these challenges are taken up using Altair Technologies.
Altair (Nasdaq: ALTR) is a global technology company, which provides software and cloud solutions in the areas of simulation, high-performance computing (HPC), and artificial intelligence (AI). Altair enables organizations in nearly every industry to compete more effectively in a connected world while creating a more sustainable future. Our vision is to help enterprises make decisions leveraging the convergence of simulation, HPC, and A.I.
Eligibility
Start-ups, as defined and recognized by the Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, Government of India as well as those who are registered on the start-up India platform.
Any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small, and Medium Enterprises (MSME) as defined in the MSME Act, 2006.
It is mandatory that these challenges are taken up using Altair Technologies.
Incentives
Fiscal Incentives
Cash prize
Platinum - ? 2,50,000
Gold - ? 1,75,000
Silver - ? 1,25,000
Bronze - ? 1,00,000
Non-Fiscal Incentives
Altair Technology Mentorship
Connect with Altair Ecosystem
3D printing @ subsidized rates in association with a Partner
Important Dates
Application Start Date - 5th Aug 2022
Application End date - 28th Aug 2022
Application Result Date - 1st Mar 2023
Contact
Email - [email protected]
For more information click here
