Deadline: 5-Jul-22
Applications are now open for the Bosch DNA Nxt Startup Alliance Program.
DNA Nxt is a flagship program of Bosch India which focuses on three aspects Discover, Nurture & Align. It is their agile innovation approach to engage with startups on business defined search fields, use-cases and problem statements.
It helps identify disruptive innovations outside Bosch, structure an engagement mechanism through their 32-week Alliance Program. DNA Nxt has partnered with Startup India as the key partner for rolling out the Program.
As part of the DNA Start Up Alliance Program they work with a cohort of startups. The main advantages which DNA brings to Bosch are:
- Access to new technology of interest
- Opportunity to quickly fill portfolio gaps
- Facilitate faster Joint GTM
- Access to good talent
- Contribute to ideation / strategic alliances pipeline
Benefits
- 12 weeks nurture program
- Upto $20,000 sponsored POC
- Joint Go-to-Market opportunity
Incentives
- Fiscal Incentives
- Sponsored engagements for selected themes
- Leverage their Technology Partners with exciting offers: Bosch Mobility Cloud platform, Mathworks & AWS
- Selected start ups provided acceleration for 4 months at no cost.
- Non-Fiscal Incentives
- Domain expertise & design thinking
- Access to labs & training centers
- Business model design
- 16 week well defined nurture program
- Sponsored POC’s
- Cross division collaboration with Business units
- Stakeholder Validation on business defined problem statements
- Joint Go-to-Market opportunity
- Mentorship & Business case validation from Internal Bosch mentors and external leaders with industry expertise
- Startups can leverage Bosch’s technologies and platforms
- Startups will get access to identified Customer & partners of Bosch for PoC/demos or joint solution development
- Opportunity to showcase Innovation
- Ecosystem connects to potential investors and customers
- Co-working space at Bangalore campus
- Open Bosch Connect Events for start ups to showcase their solution & approach the external ecosystem at Global level(VC, Peers, Investors, Consultants)
- Demo Day for all the startups to showcase their engagements to Bosch Management to explore opportunity with different Business Units.
Eligibility Criteria
- Team with a strong technical & business acumen
- Minimum 2 yeas of presence in the startup ecosystem/industry since inception
- Existing customers/ POC/Pilot with a product solution roadmap
- Refer the banner image for areas of focus for DNA Nxt 2022 program
Procedure Post Submission
- Pitch Days- Shortlisted Startups will be invited for Pitch Day sessions to showcase their solution.
- Induction Day- Selected Start ups will introduce themselves to Bosch Team on followed by a warm welcome from Bosch team.
- Nurture Program- Selected start up will undergo 16 week program of intense development, mentoring and piloting from Domain experts at Bosch & will align closely with the Business Units on defined scope of work & identified problem statements.
- Demo Day & Graduation Day- The startups to showcase their engagements to Bosch Management to explore opportunity & network with different Business Units & external ecosystem partners. Continued business engagements with Bosch business units.
For more information, visit https://www.startupindia.gov.in/content/sih/en/ams-application/accelerator-program.html?applicationId=62989ecce4b028cbac1838b9