The objective of this challenge is to enable startups from the SCO Member States to engage with established corporates. By doing so, the startups and corporates can co-create solutions and solve real-life problems. The startups can apply for the problem statements listed under this challenge and receive various fiscal and non-fiscal incentives.
1) Startups across SCO countries can participate which include India, Kazakhstan, China, Kyrgyzstan, Pakistan, Russia, Tajikistan, Uzbekistan.
2) Entrepreneurs and startups having a validated proof of concept, Prototype to be tested and ready product which can be directly integrated in the corporate, can participate
3) Startups with market traction and paying customers can also participate
4) Scale-stage startups across the SCO countries can participate.
Bharat Fritz Werner (Nanotechnology)
How can we use Nanotechnology to improve the Tool Life and improving the cutting precession of the raw material and performance of machine tools?
For the improved performance of any machine, the components have to be of better accuracy and finish. The machine tools can produce such high-quality parts if there is better thermal management in the machine and the cutting tools.
All machines use coolants. Nanoparticles can be developed that can improve the performance of the coolant which in turn can improve and performance and life of the cutting tools.
Produce nanoparticles that can be mixed with coolants in the machine….
TATA STEEL (Carbon Capture and Utilization)
In a bid to reduce massive emissions of carbon dioxide (CO2), the company is looking at solutions for converting heavily polluting steel mill into a cleaner one. Looking at scalable technologies for Carbon Capture Site (CCS) that could trap and store CO2 emitted by the plant and help in utilizing the captured CO2 as a organic compound or an inorganic compound.
A novel, green method of producing hydrogen could reduce global warming-causing greenhouse gas emissions and help countries achieve their climate goals. ‘Green’ hydrogen is produced by using renewable energy to split water into hydrogen and oxygen. In contrast, the conventional process of making hydrogen uses fossil fuels. Hydrogen is a key input in fertilizers and refineries, so green hydrogen would help these industries cut aggregate emissions. It could also be used in steel manufacturing to reduce emissions by replacing the use of coal as the energy source and as a reducing agent.
Top 3 Startup will be eligible for the below
1) TATA STEEL will nominate its senior members to mentor startups through the programs
2) TATA STEEL will provide the setup needed to develop the Proof of Concept for selected startups
3) Selected startups can have access to TATA STEEL R&D Centre for prototyping and getting technical mentoring and access to resources
4) Post solution development, the selected startups can have access to TATA STEEL Plat for testing the prototype
Top 5 Startups will be eligible for the below
1) BFW will be providing free of charge Technical Support & Business mentoring worth $3000 for selected startups
2) Startups can use the R&D facility to develop their prototype at no cost.
1) 3-5 relevant startups to be selected
2) Incubation support to be provided to selected startups with right problem-solution fit
3) Technical mentorship will be provided to the startups through the incubation program
4) Selected startups will get an opportunity to co-develop a proof of concept or prototype the solution along with CISCO
1) Upto six months mentorship can be provided to the start up with the idea approved by Thermax by guiding the start up from ideation to POC to building a road map on Commercialization.
2) Thermax can invest upto Rs 10 lac in the start up whose idea is approved by Thermax Management based on Thermax criterion’s on investment and which has a clear path for commercialization.
1) The company will provide mentorship support and access to technology support.
2) 6 months of free incubation support to selected 2 startups.
3) Selected startups to get market access through Masteks’ network.