Eir/ Prayas/ Startup Proposals - Hyderabad, India - Indian Institute of Technology Hyderabad
Description
Call for EIR/ PRAYAS/ Startup Proposals
(Entrepreneur in Residence (EIR)/ Promotion and Acceleration of Young and
Aspiring technology entrepreneurs (PRAYAS) /Startups)
DST NM-ICPS Technology Innovation Hub on Autonomous Navigation and Data Acquisition
Systems (UAVs, ROVs, etc.) -TiHAN at IIT Hyderabad importantly focuses on the research,
design, and development of autonomous navigation and data acquisition systems for UAVs,
ROVs, etc. With a synergistic industry and academic collaborations, the hub aims at realizing the
utilization of autonomous navigation and data acquisition systems. Hence, the hub would like to
invite proposal for EIR/ PRAYAS/ Startups funding in the following thrust areas or verticals, but
not limited to:
Autonomous and Intelligent Navigation Systems for Ground, Aerial, and Water Surface Vehicles;
Applications of Autonomous Navigation Technologies in Agriculture, Infrastructure Monitoring
(Power Line, Constructions, Pipelines, Railway Tracks, etc.), Surveillance (Maritime, Airtime,
Terrestrial), and Environmental Monitoring (Air, Water, Industrial Pollutants, etc.).
The proposals should aim towards translational technology research and development,
considering the commercialization aspects in the aforementioned areas
. The proposals can focus
on the development of one or more technological aspects (provided below) for usage in the
afore-mentioned thrust areas:
- AI/ML Frameworks for autonomous navigation and efficient multisensory data
(ROVs), etc.
- IoT and CPS architectures for efficient usage of UAVs, ROVs, etc., in the Indian
- Communications and Networking for Autonomous Navigation like DSRC, CV2X, etc.
- Efficient edge computing architectures for multisensory information processing
- Robotics related to autonomous systems
- Design for Smart Mobility (aerial/terrestrial)
- Control, Power, and design aspects of UAVs, ROVs, etc.
- Connected unmanned aerial/terrestrial/underwater/underground systems
Startups working in the above core areas with proven track records.
1.
Entrepreneur in Residence (EIR) - to encourage graduating students to take
entrepreneurship as career by providing support in the form of fellowship.
Eligibility for Entrepreneur-In-Residence (EIR):
- The EIR applicant should be a citizen of India.
- An Indian citizen is defined as one who is in possession of a government-approved proof
- The EIR applicant should have completed/pursing of formal full-time
D./Post-Doctoral Fellow education programme and
relevant experience is mandatory.
- Applicant should have a scalable Technology based business idea in a prescribed format.
Funding:
The financial aid will be up to INR 6 Lakhs for the accepted proposal.
2.
PRomoting and accelerating Young and Aspiring Innovators and Startups (PRAYAS)
- for funding cutting edge technology development in the areas of autonomous navigation and
data acquisition systems.
Eligibility for PRAYAS Program:
The PRAYAS applicant should be a Citizen of Indian. The applicant should be in the age
1. Individual Innovator OR Team of Innovators
a. The Innovator should have the knowhow of the PRAYAS project.
i. For team of innovators there has to be an agreement among the team about the lead
innovator who would apply, and the funds will be transferred to the lead innovator's
account (after selection).
ii. IP generated would vest with the innovator/team and it would be further taken for
commercialization.
not exceed 7 years from the Date of Incorporation.
b. The start-up should develop the prototype for a new product, for which they may have not
received similar kind of support.
c. The start-up should have annual turnover/ funding not exceeding Rs. 15 lakhs for any of
the financial year since its inception.
d. The equity shareholding of the Indian applicant/s should be 51% or more in the start-up.
e. The recipient cannot be the promoter or significant (>10%) share holder/beneficiary of
f. IP generated would vest with the start up.
3. Innovators in employment OR Students with any R& D organisation / Academic
Institution
a. It is mandatory that the innovators pursuing PRAYAS should have the Project know how
and own the IP.
b. The innovator has to seek the NOC from their organisation/institution. The NOC should
have the following:
work on the PRAYAS project,
ii. IP generated would vest with the innovator/team and it would be further taken for
commercialization.
Other Terms and Conditions
- The applicants are supposed to fully committed to work towards the prototype development
support any other pursuits.
- Applicant
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