Deadline: 2-Aug-22
NASSCOM CoE has launched a Manufacturing Innovation Challenge edition 5to 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.
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 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.
Themes for Challenges
- Quality Inspection
- Manufacturing Efficiency Improvement
- Resource Optimization
Relevant Industry
- AR VR (Augmented + Virtual Reality)
- Automotive
- Computer Vision
- Telecommunication & Networking
- AI
- Technology Hardware
- Internet of Things
- Logistics &
- Robotics
Eligibility Criteria
Eligibility criteria for applicant Startups
- 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.
For more information, visit https://www.startupindia.gov.in/content/sih/en/ams-application/challenge.html?applicationId=62c2c404e4b07b2cdee2c2ad
