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Kanpur, October 27, 2022: The Startup Incubation and Innovation Centre (SIIC), the technology business incubator at IIT Kanpur, has announced the cohort of 15 startups under the NIRMAN Accelerator Program supported by the Department of Science and Technology. The Program was launched by SIIC on 21st July, 2022 for startups in the healthcare and agriculture domain. The program aims to support manufacturing startups to help them overcome the common challenges across the prototype and market entry phase in the respective domains.
After a successful campaign, the program received 94 applications from startups across India in the listed domains. Out of these applications, an internal evaluation committee at SIIC selected a total of 35 startup applications for an external evaluation round. A total of 15 startups in the HealthTech and AgriTech domains made it to the final list of cohort under the program.
The fifteen startups from the cohort under the program are as follows:
Commenting on the announcement of the cohort, Prof. Abhay Karandikar, Director IIT Kanpur, said, “At IIT Kanpur, maintaining a robust startup and entrepreneurship ecosystem has always been a priority. SIIC has been leading in realising that vision of the institute. This NIRMAN Accelerator Program, supported by DST, caters to two vital sectors – healthcare and agriculture. I believe the program will expedite the journey from prototype-to-market of startups developing cutting-edge, technology-driven innovations in these critical areas. I congratulate the selected cohort and we are indeed grateful to the Department of Science and Technology for lending us their support to execute this significant program of critical relevance.”
Prof. Ankush Sharma, Professor-in-charge, Incubation and Innovation, IIT Kanpur, commented on the successful completion of on-boarding startups under the NIRMAN Accelerator Program, “The NIRMAN Accelerator Program has tremendous potential to enhance the development journey of startups working in the manufacturing sector - which is a need of the time. These 15 startups have been shortlisted after a thorough examination. We look forward to hosting this cohort during the course of this program, with their visionary technology solutions. I am thankful to DST for giving us this opportunity to extend our expertise and creative thinking with this prestigious program.”
The 15 startups selected under the cohort will be on-boarded in a six-month-long rigorous program that will unpack the principles for product growth, engineering acceleration, navigating through the compliances, and leading to the next stage of growth. These Startups will receive the necessary support to accelerate their product journey from lab to market under the program. The best-performing startup from the cohort will also receive a cash award of up to INR 10 Lakhs and funding support of INR 50 Lakhs at the end of the program.
The previously executed Accelerator Program by SIIC has graduated a notable number of startups that have leveraged significant last-mile impact, including Phool.co, E-Spin Nanotech, NOCCARC Robotics, and Acquafront Infrastructure Private Limited.
About SIIC, IIT Kanpur:
Startup Incubation and Innovation Centre (SIIC), IIT Kanpur, is one of the oldest incubators in the country. It was established in 2000 when the entrepreneurial ecosystem was still at a nascent stage in India. The multifaceted and vibrant incubation ecosystem at IIT Kanpur, nurtured for over two decades, prospers to fill the gaps on the road to converting an idea into a successful and meaningful business model. The domain expertise combined with the infrastructural prowess of the academic institute has collectively demonstrated a knack for tremendous social impact and technological advancement over the years. For more information: https://siicincubator.com/