The Startup Incubation and Innovation Centre, IIT Kanpur’s technology business incubator, is launching the NIRMAN Accelerator Programme, which is funded by the Department of Science and Technology of the Government of India.
The programme, according to a press release, will focus on manufacturing startups in the healthcare and agriculture sectors, assisting them in overcoming the challenges associated with the prototype-to-market journey.
Programme will select 15 start-ups
The programme will select 15 start-ups and provide them with the opportunity to accelerate their product’s journey from lab to market. The top 15 performing start-ups from the cohort will be awarded a cash prize of up to Rs 10 lakhs.
Prof Amitabha Bandyopadhyay, IIT Kanpur’s professor-in-charge of innovation and incubation, stated, “Our country has faced enormous challenges in the manufacturing sector. We urgently require innovators and start-ups working in healthcare and agriculture to address some of the pertinent developmental challenges in order to elevate the status of manufacturing in India.”
Dr. Nikhil Agarwal, CEO of FIRST IIT-Kanpur and AIIDE, stated that “SIIC has extensive experience maximising social impact by collaborating with promising innovators and start-ups. This collaboration with the
Department of Science and Technology aims to revitalise the manufacturing sector in the country.”
Product Growth Principles, Engineering Acceleration, Navigating the Compliance Puzzle, and Leading to Next-Stage Growth will be the four sections of the six-month programme.
More About NIRMAN Accelerator Programme:
The 6-month-long program will be devised into four segments:
• Principles of Product Growth
• Engineering Acceleration
• Navigating the Compliance Puzzle
• Leading to next-stage growth.
The programme will offer knowledge workshops, one-on-one mentoring support, deep diving for customised clinical validation support, and connections to businesses and investors. The Incubation and Innovation Centre at IIT-Startup Kanpur was founded in 2000, when entrepreneurship was still a developing currency, making it one of the country’s oldest incubators.
