Electropreneur Park centre funded by Ministry of Electronics and Information Technology (MeitY), managed by Software Technology Parks of India (STPI), with University of Delhi as the academic partner
Electropreneur Park, New Delhi had launched “Invitation of proposal – Season 8” on 15th June 2021 to promote most promising startups Ideas in the field of ESDM. The selected startups shall be provided free of charge access state of art Power & RF Labs along with prototyping tools such as PCB prototyping machine, 3D printers, EDA tools for product designing at Electropreneur Park , University of Delhi, South Campus for a period of 3 months along with a re-imbursement of prototyping expenses upto Rs 50,000.
“We offer every incubated startup a dedicated office space at our center, with the primary objective of giving full time access to the state of the art electronic lab facilities, and product development assistance,” Sanjeev Chopra, CEO, Electropreneur Park had told EFY earlier.
He had added, “We help startups in every way possible during the incubation period. Electropreneur Park helps them connect to industry leaders, vendors and others. We invite various investors and VC to Electropreneur Park from time to time for providing startups ample opportunities to make a business pitch and seek investment. We also engage experts to help startups create a professional pitch for the investors.”
Outstanding startup proposals at advanced stage of product development with a validated POC may be considered to be part of Electropreneur Park portfolio of highly successful startups under it’s Incubation program and receive structured support to create a a vibrant commercial venture.
Electropreneur Park centre funded by Ministry of Electronics and Information Technology (MeitY), managed by Software Technology Parks of India (STPI), with University of Delhi as the academic partner and India Electronics and Semiconductor Association (IESA) as the implementation partner. The initiative, with a project outlay of Rs 21.10 Cr has been instrumental in creation of startup valuations of over Rs 250 Cr, 36 products & 36 Patent filings with an external funding of Rs 14.30 Cr to startups in the last 5 years.
More than 70 per cent of startups enrolled at Electropreneur park under 1+1 year Incubation program have either received an external funding or have successfully contributed to generate a commutative revenue of more than Rs 48 Crores .
A startup can apply to the program through the shared link on website of electropreneurpark.in or visit directly on STPINext Innovate portal before 28th June 2021 to avail this opportunity.