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Efficiency Augmentation - Open Challenge Programs (OCP) 2.0

  • Start Date 06-08-2024
  • End Date 16-09-2024
  • Type Open Challenge
  • Display Flagship Events
  • Venue Online
  • Event Link Visit Now
Efficiency Augmentation - Open Challenge Programs (OCP) 2.0

About

Centre of Excellence on Efficiency Augmentation is setup by STPI in collaboration with the Government of Karnataka, supported by HPEIPL at Jayanagar, Bengaluru. The CoE is the first of its kind in India which is an immersion of innovation, creativity and new business development for augmentation of the efficiency in all the business verticals, service sector & also in Government operations/projects leveraging emerging Industry 4.0 technologies.

The best-in-class infrastructural facility located at Jayanagar the heart of the Bengaluru City has the following:

  1. Innovation and Development Lab equipped with latest tools/equipment to support startups to build products/solutions in the identified domains.
  2. Incubation facility of 16,000 Sq. ft. (100+ Plug n Play incubation seats).
  3. Training Facility.

Objective – To Support start-ups that would build products and solutions to increase the efficiency of the industrial production and operations, service sector, and Government projects, leveraging the emerging technologies.

Centre of Excellence (CoE) on Efficiency Augmentation was launched on 30th November 2023.

Address / Location: No. 4, 1st Floor, 31st Cross, 11th Main, 4th Block, Jayanagar, Bengaluru - 560011.

WHO CAN APPLY

The CoE-EA invites the proposals/applications from Indian Start-ups / companies who are working in Emerging Industry 4.0 Technologies who would like to use CoE-EA Innovation and Development Lab Equipment.

The start-up must be incorporated as a:

  • Private Limited Company (as defined in the Companies Act, 2013) or
  • Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
  • Limited Liability Partnership (under the Liability Partnership Act 2008)

Terms & Conditions
• Selected start-ups willing to raise funding with STPI shall share 5% equity with STPI.
• Each start-up have to book the time slot in advance
• The start-up who wish to avail CoE-EA physical incubation space may approach STPI. The allocation, charges and T&C shall be as per applicable Incubation norms

Know more

Apply Now

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