“IMAGE”, a Centre of Excellence for Gaming, Animation, VFX, Computer Vision, and AI Start-Ups, is a flagship initiative by STPI – Hyderabad, Ministry of Electronics and Information Technology, Government of India and Government of Telangana, in Collaboration with TVAGA (Telangana VFX, Animation and Gaming Association), HYSEA, IIIT Hyderabad, TIE Hyderabad, Hyderabad Angels and SucSEED Indovation Fund.
IMAGE CoE runs a six-month accelerator program for Gaming, Animation, VFX, Computer Vision&AI Start-Ups and provides mentor support, seed-funding, product growth exercises, opportunity to raise their subsequent round of funding through our investment partners, and other valuable resources/support.
The IMAGE CoE invites the proposals/applications from Indian Start-ups who are working in Gaming, Animation, VFX and Computer Vision & AI
• Start-ups registered with DPIIT under start-up India programme are encouraged to participate in this programme. The definition of Start-ups prescribed by DPIIT is reproduced below and subject to change from time to time.
Company Registration: The start-up must be registered/incorporated within last 10 years as on date of opening of challenge.
Annual Turnover: Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.
Original Entity: Entity should not have been formed by splitting up or reconstructing an already existing business.
Innovative & Scalable: Entity working towards innovation, development or improvement of products, processes or services or if it is a scalable business model with high potential of employment generation or wealth creation.
• Individual Academicians, Researchers, Educators, Entrepreneurs, partnership firms, LLPs may also participate. However, if they are selected then they will have to register as private limited company in a stipulated time (preferably within 3 months).
5 Lakh seed fund to selected start-ups from IMAGE CoE
. Plug & Play Infrastructure up to 5 seats for selected start-up