Electropreneur Park (EP) an incubation center that nurtures Electronic Startups, will be organizing a roadshow in Delhi to reach out to the early stage and aspiring entrepreneurs across the country to encourage innovation in domestic electronics startups. Around 50 startups in the ESDM space will be incubated by EP over a period of five years and is expecting to create five global companies out of them.
The incubator is seeking applications for 2016-17 from early stage entrepreneurs in electronic system design and manufacturing (ESDM) sector across the country. The incubator has said in a statement-
“EP will select the best 10 early stage entrepreneurs in ESDM across the country, based on the merit of the project submission and will support them in research and development to accelerate electronics innovation in the country,”
Electropreneur Park is a project from Software Technology Parks of India (STPI), which is funded by Department of Electronics and IT (DeitY) and promoted by University of Delhi (DU) as academic part partner, India Electronics and Semiconductor Association (IESA) as implementation partner and CyberMedia India Limited as execution partner.
The focus will be on IP creation and product development in order to enhance domestic value addition and will witness a unique integration of academia, industry, government and other incubation ecosystem elements. The selected entrepreneurs will be provided with state-of- art laboratories, ESDM mentorship by industry veterans and academicians, efficient supply chain and an ecosystem that will bring in a bouquet of other shared services and facilities to the incubatees. It will also facilitate seed funding for the promising ventures and ensure a smooth transition from an incubatee to a self-sufficient electronics startup.