Deadline: 28-Aug-22
Applications are now open for the Altair Start-Up Challenge 2022.
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.
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.”
Themes for challenges
- Embedded System Development using Model Based Systems Engineering
- Electronics and Communications System using Hi-Frequency Electromagnetics
- Structural Design and Development using Multiphysics Simulation
- Smart System Development using Artificial Intelligence, Machine Learning & Internet of Things (AI, ML and IoT)
Incentives
- Fiscal Incentives
- Cash prize
- Platinum – ₹ 2, 50,000
- Gold – ₹ 1, 75,000
- Silver – ₹ 1, 25,000
- Bronze – ₹ 1, 00,000
- Cash prize
- Non-Fiscal Incentives
- Altair Technology
- Mentorship
- Connect with Altair Ecosystem
- 3D printing @ subsidized rates in association with a Partner
Eligibility Criteria
- 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.
For more information, visit https://www.startupindia.gov.in/content/sih/en/ams-application/challenge.html?applicationId=62cfa10be4b037fe2c104ccb