Deadline: 15-Dec-22
Virtual and Augmented Reality Centre of Excellence (VARCoE), IIT Bhubaneswar invites applications for start-up on boarding.
This 1st Open Call will support 20 best submissions led and executed by start-ups, actively involved in research, development, and application activities related to ARVR.
Problem Statement
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Track 1: An Augmented Reality Platform for Medical Planning
- Dentistry —Real-time data visualisation directly from a dental scanner, for enabling a dentist to build precise crowns or caps.
- Training nurses — AR-enabled, tablet-based simulations of different patient scenarios.
- Medical imaging — AR based visualization enhancement of CT or MRI data.
- Elderly Care: ARVR based services for the elderly and people with different forms of disability.
- Medical virtual reality simulators: Design and development of surgical augmented reality setups, and surgical digital library platforms.
- Health Care-Focused AR Apps.
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Track 2: Augmented and Virtual Reality Platform for Tourisim
- The metaverse: Interactive Hotel Elements.
- ARVR Based travel app development for City Tours.
- Marker-based AR technology for travel.
- Augmented Tourist Destinations.
Benefits
- On boarding of start-ups in the VARCoE premises of IIT Bhubaneswar campus (In campus mode and virtual mode).
- Access to other funding/Investment from Govt organisations up to the tune of 25 Lakhs. This will be based on periodic review after six months of incorporation of start-up under VARCoE.
- Seed grant support up to 10 Lakhs as well as Infrastructure, library and laboratory accesses provisioning for 10 best proposals as well as provisioning for In campus mode on boarding.
- Access to private investment: A network of corporate and private investors engaged to select and invest in promising companies with great go- to-market and growth potential.
- Infrastructure, library and laboratory accesses provisioning for 11th -20th best Proposals as well as provisioning for virtual mode on boarding.
- Visibility: VARCoE will offer ecosystem and organizational visibility towards new partnerships and business opportunities.
Prizes
- 1st Prize: Rs. 50,000.
- 2nd Prize: Rs. 30,000.
- 3rd Prize: Rs. 20,000.
Eligibility Screening
The Start-Up Proposal should be in one of the defined track meeting the problem statement. VARCoE will consider Proposals for supporting only from those entities that are considered as a Start-Up (as per Department of Industrial Policy & Promotion- DIPP). Provided that any such entity formed by splitting up or reconstruction of a business already in existence shall not be considered a 'Start-Up'. A proprietorship or a public limited company is not eligible as Start-Up.In addition, the following Eligibility Criteria should also be met:
- The Start-Up should not have been black-listed by any Government entity or any Incubation Centre.
- The Promoter(s) shall not have any criminal case pending in any Court of Law in India.
- A Declaration to this effect shall be required to be submitted in this respect.
For more information, visit VARCoE.
For more information, visit https://www.iitbbs.ac.in/ARVR-OCP/2.0/