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Centre of Entrepreneurship

NEURON

A CoE in AI/Data Analytics, IoT & AVG at Mohali

Objective : To identify & support potential cutting edge information technology entrepreneur specially in the field AI, Big Data, Audio Visual Gaming and IoT to commercialize innovations and to increase economic and social growth of the region as well as the country.

Focus Areas : AI/Data Analytics, IoT & AVG in Agriculture, Healthcare, Finance, Education & Logistics  

Location : Mohali is part of the tricity of Chandigarh-Mohali-Panchkula. When STPI-Mohali was set up in 1998, the IT exports from the tricity stood at a mere Rs. 7 crore and today they have jumped to approx Rs. 4,000 crore. Nearly 150 IT/ITES firms have registered with STPI-Mohali. This region has many entrepreneurs & startups developing products and offering services through a vibrant workforce of over 30,000 IT graduates.

Partners : The partners include STPI, MeitY, Dept. of Industries & Commerce (Govt. of Punjab), ISB, PTU, TiE-Chandigarh, CAN and others.

Target Beneficiaries: It is targeted to support & nurture 50 startups per year.

Duration: The CoE is proposed to be operational for five years from the date of its launch.

Financial Technology (or) FinTech has the potential to unleash a new era of competition, innovation and job creating productivity in the economy. Automative is not just about digitising money, it's about monetising data.

Budget & Source of Funding: The total budget outlay for this CoE is Rs. 20.92 shared amongst the stakeholders including MeitY (Rs. 2.5 crore), Govt of Punjab (Rs. 10 crore), and STPI (Rs. 8.42 crore).

No. of Mentors: 18

Achievements: 13 startups onboarded
 

For more details go to below link:

Neuron CoE Website

Facilities & Services

  • Ready-to-work plug & play space
  • AVG Lab (AVG), AI/Data Analytics Lab (Big Data), and Innov Lab (IoT) equipped with Sample Bank, Test Equipment & Technical support
  • Startup Boot camps for pooling up innovative ideas from colleges & young entrepreneurs
  • Technical mentoring & support by Engineering Team of PTU & ISB
  • Access to financial resources (angel funding, seed funding, VC etc.)
  • Access & support towards networking & marketing activities

Chief Mentor

NEURON

Shri I.S. Paul

Chairman, TiE-Chandigarh & MD, Drish Group

Head of CoE

NEURON

Shri Ashok Gupta

Director, STPI-Gurugram

Highlights

Objective

To identify & support potential cutting edge information technology entrepreneur specially in the field AI, Big Data, Audio Visual Gaming and IoT to commercialize innovations and to increase economic and social growth of the region as well as the country.

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