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NXP India Tech Startup Challenge 2023

Technology Startups focusing on IP, Processors development, Semiconductor fabless ASIC design, and Embedded product development are the target of this initiative.

saadithya by saadithya
March 17, 2023
in Expired
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NXP India Tech Startup Challenge 2023
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Industry Sectoral focus areas: Automotive, Industrial, Communication Infrastructure, Mobile, Smart City, Smart Home, etc.

• Cloud Infrastructure focus areas: Machine Learning, Authentication, Data Analytics, Services, etc.

• Edge focus areas: Home Gateway, Auto Gateway, Smart City, Industrial Controller, Smart Home, Smart Health, Smart Retail, Wearables, Smart Buildings, Voice Assistant, Robotics, Media Streaming, etc.

• Technology focus areas: AI, ML, IoT, 5G, Edge Computing, Functional Safety, Human Machine Interface, IoT Security, Motor Control, Ultra-Wideband, Voice, Wifi-6, etc.

Technology Start-ups focusing on IP/Processors development, Semiconductor fabless ASIC creators, Embedded product developers and Design Houses, Tier-2 and Tier-1 technology product companies are the need of the hour for the Indian ecosystem and the core focus from this initiative.

• Industry Sectoral focus areas: Automotive, Industrial, Communication Infrastructure, Mobile, Smart City, Smart Home, etc.

• Cloud Infrastructure focus areas: Machine Learning, Authentication, Data Analytics, Services, etc.

• Edge focus areas: Home Gateway, Auto Gateway, Smart City, Industrial Controller, Smart Home, Smart Health, Smart Retail, Wearables, Smart Buildings, Voice Assistant, Robotics, Media Streaming, etc.

• Technology focus areas: AI, ML, IoT, 5G, Edge Computing, Functional Safety, Human Machine Interface, IoT Security, Motor Control, Ultra-Wideband, Voice, Wifi-6, etc.

Awards:-

iscal Incentives
• Selected Top 3 Tech Startups will be provided with Total Prize Money of INR 10 Lacs distributed among winners (including all applicable & withholding taxes).

Non-Fiscal Incentives
Extreme Tech Challenge

• Selected Top 3 Tech Startups will be invited as Finalists in the Extreme Tech Challenge (XTC), eligible for XTC’s bootcamp event and global winners competition in May/June 2023.

• The bootcamp is constituent of multiple hours of tutorials and small group interactions with global level executives of major technology, business and venture capital industry leaders.

• For the global competition, finalists will be publicized by XTC and have their company evaluated by an elite panel of investors for global exposure.

Electropreneur Park

• Selected Top 10 Tech Startups (applicable to those in embedded system and product design space), will be invited as entrant for upto 3-month Equity-free Pre-Incubation at Electropreneur Park (ESDM Incubator). Benefits will include free of charge access to state of the art ESDM Lab test equipment’s to convert idea to prototype, Mentorship sessions for business plan refinement, technical mentorship and connect to ESDM suppliers, reimbursement of prototyping expenses upto INR 50,000/-.

Semiconductor Fabless Acceleration Lab (SFAL)

• Selected Top 10 Tech Startups (applicable to those in Semiconductor & IP Design space), will be invited as entrant for upto 4-month Equity-free Cohort period together with SFAL – Semiconductor Fabless Acceleration Lab (Semiconductor & IP Design Incubator). Benefits during Cohort period will include Access to In-kind Partner (IKP) assets (worth per startup can be upwards of INR 10L): FPGA Innovation Lab@SFAL and Tools from In-Kind Partners, Access to webinars from SFAL and IKP partners, Guidance on business and investments, etc.

Special Incentives
• Selected Top 3 Tech Startups will be provided with Mentorship opportunity (3 Interactive Sessions with Mentor each month for 3 months) from NXP India Technical Leadership Experts.

• Industry visibility for Top 10 selected Start-ups to share their business value proposition to NXP and Industry partners along with networking opportunities.

Deadline:- 19-03-2023

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