Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian startups through the Integrate to Innovate Programme.
The application for the programme is hosted on Startup India Hub – an online platform bringing together all stakeholders of the Indian startup ecosystem. The programme provides an opportunity for collaboration and conversation around valuable energy transitions, offering startups an opportunity to bring their ideas to life with the guidance and support from corporates.
The selected startups will receive a cash prize grant of upto ₹ 5 Lakh per startup along with an opportunity to pilot their product with corporates. The corporates would offer them access to technology, technical and commercial mentorship and access to potential customers through the corporate network of partners.
Entries are invited from innovators across various stages of the energy life-cycle—generation, transmission and distribution, storage and consumption—in multiple sectors such as households, farm, industry, infrastructure, building, utility and transport. The winners will be assessed on select parameters such as the breakthrough nature of the innovation, business viability and scalability potential.
Specific areas of interest for the Integrate to Innovate programme include:
E-commerce marketplaces for smart home products and installer/support services
Rooftop solar & home energy storage
EV and EV infrastructure
Gas powered trucks
Waste to Value
Grid and micro-grids
Sensors, drones, data analytics, workforce mobility
Metering, Billing & Customer analytics
Demand response & distributed energy resource management systems
Transactive energy, blockchain based energy trading and energy marketplaces
Energy efficiency and cooling
Predictive asset management (IoT and AI)
The last date to apply for the programme has been extended to August 10, 2018.