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Incubation

CoE-EA incubation

A programme by STPI CoE-EA, Bengaluru

Incubation for Indian startups building Industry 4.0 products that make industry, services or government work more efficiently.

At a glance

Best forIncorporated Indian startups building Industry 4.0 products that improve efficiency in industry, services or government.
FormatHybrid
Grant supportFor selected startups. A place in the programme does not by itself guarantee a grant.
Run withSoftware Technology Parks of India (STPI), Government of Karnataka, Hewlett Packard Enterprise India Private Limited

About CoE-EA incubation

The centre's core programme. It plans to take 100 startups over five years, 90 of them working from the Jayanagar building and 10 virtually, and gives each technical support, mentoring, seed funding and market assistance.

What you get

  • A workstation in the incubation facility, or one of the ten virtual places
  • Access to the Innovation and Development Lab, with onsite technical and application engineering support
  • Mentoring from industry and academia mentors, matched one or several to a startup, free because the centre covers the cost
  • Seed funding for startups the investment committee backs, plus introductions to other venture funds and funding agencies
  • Showcase events at the centre and help taking part in trade and technology events in Karnataka and outside it
  • A one-time partial reimbursement of what you spend on a domestic or international conference or exhibition

Who can apply

  • Indian startups working in Industry 4.0 technologies such as AI, machine learning, big data and IoT
  • Incorporated as a Private Limited Company, a Registered Partnership Firm, or a Limited Liability Partnership
  • Work aimed at raising the efficiency of industrial production and operations, the service sector or government projects

How selection works: an investment committee runs due diligence early in product development, identifies the startups with potential and decides whether to put seed funding in.

How to apply: there is no standing form. Intake runs through the centre's Open Challenge Programs, which STPI announces when a new edition opens. Between editions, write to blr.coeea@stpi.in or call +91-80-24411785 / 775.

Where to apply

Other STPI CoE-EA, Bengaluru programmes

Everything about STPI CoE-EA, Bengaluru