Centre of Entrepreneurship (CoEs):
In order to build leadership and to build next wave of budding entrepreneurs in the emerging sectors of technology like Internet of things (IoT), Blockchain, FinTech, Artificial Intelligence (AI), Augmented & Virtual Reality (AR/VR), ESDM, Data Science & Analytics, Medical Electronics & Healthcare, Gaming & Animation, Machine Learning, Cyber Security, DroneTech, LegalTech etc., STPI has embarked on launching CoEs in specific domains pan-India.
These CoEs aim at providing structural and fundamental support with right mix of awareness, training, hand holding, lab and incubation support, etc. in collaboration with suitable partners in various parts of the country. The CoEs will be set up in a collaborative approach by STPI and shall act as single-window facilitation centres to extend requisite lab support, funding & mentoring. The CoEs will have dedicated Chief Mentor & eminent experts who would also act as brand ambassador of CoE.
Electropreneur Park at Delhi:
Electronic System Design and Manufacturing (ESDM) is one of the fastest growing sectors of the Indian economy. In order to support the new entrepreneurs of this industry, STPI in association with University of Delhi and Indian Electronics and Semiconductor Association (IESA) has set up an Electropreneur Park in the Delhi University campus in 2016.
The initiative will support 50 startups in ESDM space and aims to create at least 5 global companies over a period of five years. The park is focusing on local IP creation and indigenous product development resulting in increased domestic value addition and is witnessing a unique integration of academia, industry, government, and other incubation supportive elements.
IoT OpenLab at Bengaluru:
The STPI IoT OpenLabCoE at Bengaluru presents a huge opportunity for startups in a hyper-connected world to build innovative IoT products and solutions. This CoE, which was launched in 2019, focuses on creating a robust ecosystem in a collaborative model to nurture startups and drive R&D, innovation & product development in IoT while focusing on sectors like Defence, Aeronautics, Industrial, Agriculture, Health, Automotive and Education etc. The CoE targets to nurture around 500 startups over a period of 5 years. With the flexibility of both physical and virtual incubation models, IoT OpenLab aims to bring massive innovation culture in the country.
FINBLUE at Chennai:
The STPI FINBLUE, a Centre of Entrepreneurship in FinTech, at Chennai is a first-of-its-kind incubation facility, which aims further strengthening India as the leader in FinTech industry by providing accessibility to technology, mentorship, incubation facility, world-class labs & funding. FINBLUE was launched in 2019, offers an integrated program to startups to scale through its incubation facility by providing access to SandBox, an environment that consists of APIs of different participating banks, NPCI products, Core Banking Software and other enabling services through various stakeholders. FinBlue intends to support & nurture 58 startups over a period of 5 years.
NEURON at Mohali:
STPI NEURON, a Centre of Entrepreneurship in AI/Data Analytics, IoT and AVG, set up in 2019 in collaboration with Govt. of Punjab, ISB-Mohali, PTU and MeitY, is a pioneering initiative to identify and evaluate promising startups in the field of AI/Data Analytics, IoT and AVG and nurture them to build path-breaking products and solutions in the domains the CoE focuses on. NEURON has dedicated 500seats co-working space and labs for AI/Data Analytics, IoT and AVG. Apart from physical infrastructure, the hub has the access to industry, industry associations and academia to further strengthen the fostering of startups. This CoE targets to nurture 100 startups over a period of 5 years.
MOTION at Pune:
The STPI MOTION, a CoE in Automated, Connected, Electric & Shared (ACES) mobility space at Pune, creates a promising environment and provides necessary support to startups, young entrepreneurs and innovators in this domain in collaboration with government, industry, industry association and academia. This CoE, which was launched in 2019, hosts physical lab facility, state-of-the-art incubation space along with training, mentoring, networking & marketing support, access to financial resources, IPR and other support services for the benefit of the startups. The CoE plans to nurture 51 startups over a period of 5 years.
VARCoE at Bhubaneswar:
STPI Virtual & Augmented Centre of Entrepreneurship (VARCoE) at Bhubaneshwar aims to develop a high potential ecosystem to undertake world-class research in AR & VR by establishing state-of-the-art testing facility/laboratories for advanced algorithms, applications and methods in aid of AR & VR for immersive visualization in areas including skill development, product design, healthcare, art & architecture, transport, construction, tourism, entertainment, education & productivity software. Established in 2019 in collaboration with MeitY, Govt. of Odisha, IIT Bhubaneswar Bhubaneswar and philanthropist Smt. SusmitaBagchi, VARCoE plays a massive role in delivering immersive experience in the areas of Gaming & Entertainment, E-commerce & Retail, Interior Designing & Landscaping, Real Estate, Tourism & Travel, Education & Training, Healthcare, Communication & Collaboration, Manufacturing & Occupational Safety and Advertising & Marketing. This CoE plans to 300 startups/projects over a period of 5 years.
Electropreneur Park at Bhubaneswar:
Emulating the success of Electropreneur Park (EP) in New Delhi, STPI has established the second ESDM CoE in Bhubaneshwar, Odisha in 2019. EP at Bhubaneshwar aspires to contribute to the ESDM growth story of India through creation of a holistic eco-system for encouraging R&D, innovation, Entrepreneurship in the ESDM sector. This eco-system is necessary to develop, promote, incubate, mentor and create breakthrough innovations in the ESDM sector. This CoE will emphasize on development of product and IP creation in the ESDM sector. STPI EP Bhubaneswar intends to incubate 35-40 startups over a period of five years.
IMAGE at Hyderabad:
STPI has opened IMAGE, a CoE focused on Gaming, VFX, Computer Vision & AI, at Hyderabad in collaboration with Hyderabad Software Enterprises Association (HYSEA) and Telangana VFX, Animation, and Gaming Association (TVAGA), partnering with industry, academia, supported by MeitY & Govt. of Telangana in 2020. This CoE will support product development and innovative solutions in the fields of “Gaming, VFX, and Computer Vision & AI” under strategy guidance by business leaders, technical and domain experts and provide access to the required infrastructure and labs to startups for development and validation of solution, from design to prototyping. IMAGE CoE intends to support and nurture 140 startups over a period of 5 years.
AIC STP at Bengaluru:
With an aim to build vibrant pan-India ecosystem and with shared vision to support, promote and grow culture of innovation leading to startups & successful entrepreneurs with focus area in IoT, Health & Pharmaceuticals, E-Commerce, Big Data & AI, STPI has set up the 1st AIC STPI Centre at STPI-Bengaluru in 2020 in collaboration with Atal Innovation Mission, NITI Aayog. This Centre plans to nurture 65 startups over a period of 5 years.
MEDTECH CoE at Lucknow:
To nurture startups in the field of medical electronics & heath informatics by harnessing emerging technologies while developing affordable high-quality equipment, STPI has set up MedTech CoE at Lucknow in 2020 in collaboration with MeitY, Govt. of UP, SGPGI, AIMED and AMTZ by providing a comprehensive ecosystem with incubation facility, mentoring & academic support, lab access, funding & marketing support and IP facilitation. This CoE plans to nurture 50 startups over a period of 5 years.
APIARY at Gurugram:
APIARY, a Centre of Entrepreneurship in Blockchain Technology has been set up at Gurugram in year 2020 in collaboration with MeitY, Govt. of Haryana, Padup Venture, IBM, Intel, GBA, and FITT to identify & evaluate promising startups in the field of Blockchain Technology and nurture them to develop path-breaking products in the focused areas including Finance, Agriculture, e-Governance, and Supply Chain. This CoE plans to nurture 100 startups over a period of 5 years.
FASAL at Akola:
FASAL, an IoT in Agriculture CoE, has been set up at Dr. Panjabrao Deshmukh Krishi Vidyapeeth(Dr.PDKV), Akola in 2021 in collaboration with MeitY, STPI, DrPDKV, ioCare, Amazing Aerial Solutions, SatSure, TiE Mumbai & Indian Society of Agricultural Engineers to identify & evaluate promising startups in the field of AgriTech& Agri IoT and nurture them to build path-breaking products in the focused areas including Digital Farming, Crop Protection & Management, Predictive Analytics & Hydroponic VF System. This CoE plans to nurture 25 startups over a period of 3 years.
OCTANE at 8 Capital Cities of North East:
OCTANE is a group of eight internetworked Centres of Entrepreneurship (CoEs), established in collaboration with Government and Academia to support technology-led innovation in the North East region of India. OCTANE provides a holistic ecosystem for encouraging R&D, innovation, entrepreneurship in the respective technology domain while facilitating physical infrastructure and support services for prototyping, developing, testing & marketing to incubating startups. OctaNE plans to nurture 367 startups in 5 years. The list of CoEs include:
· IoT in Agriculture CoE at Guwahati
· Animation CoE at Shillong
· Emerging Tech-AR/VR CoE at Imphal
· Data Analytics & AI CoE at Agartala
· IT Applications in Graphics Design CoE at Kohima
· IT Application in Healthcare &AgriTechCoE at Gangtok
· Gaming & Entertainment CoE at Aizawl
· GIS Applications (including Drone Technology) CoE at Itanagar
Centre of Excellence on Industry 4.0 at Rashtriya ISPAT Nigam Ltd.:
The demand of Industry 4.0 products & solutions is going to rise exponentially in the backdrop of growing Industrial Automation. Strengthening domestic capabilities of Industry 4.0 products & solutions will take the domestic industry up the value-chain significantly by way of increase in products, patents & IPR. In order to boost start-ups in these fields, a Centre of Excellence in the field of Industry 4.0 (Artificial Intelligence, Machine Learning, Augmented Reality, Virtual Reality, Industrial Automation, Industrial Robotics, Industrial Drone, Industrial IoT, Industrial 3D Printing and other related technologies powered by AI) at RINL Visakhapatnam is being established.
