Qualcomm partners with MeitY Startup Hub to support startups
Qualcomm India Pvt. Ltd has signed an agreement with the MeitY Startup Hub (MSH) under the Ministry of Electronics and Information Technology to bring the benefits of its Qualcomm Design in India Challenge programme to startups.
“The very vision of MSH has been to build a conducive innovation and startup ecosystem by bringing together various technology innovation stakeholders,” said Ajay Sawhney, secretary at MeitY.
The collaboration will focus on enabling overall growth of startups including development of soft skills, knowledge base, and opportunities to connect with domain experts, venture capitalists, and other industry accelerators, it added.
“The resources offered by Qualcomm India will extend this benefit to larger ecosystem of Indian startups. Qualcomm’s expertise in the area, ability to provide an access to various stakeholders relevant to startups and a dedicated lab with state-of-the-art equipment to start ups selected to be part of Qualcomm Design in India Challenge make them an ideal partner of choice for this collaboration,” Sawhney said.
The semiconductor and telecommunications equipment company said that the programme offers a number of benefits which include prize money, access to software and hardware design tools and labs, technical support from an engineering team, access to intellectual property generation incentive of up to $5,000, access to professional mentorship workshops held over the duration of the programme.
“Startups are catalysts to the new economy, creating unique opportunities across verticals. Over the last three years, Qualcomm India has been encouraging and fostering hardware and IoT startups through our own Qualcomm Design in India Challenge,” said Rajen Vagadia, vice president at Qualcomm India and president at Qualcomm India and SAARC.