Human language

RICH (Hyderabad S&T Cluster) and T-Incubators & Accelerators Consortium (a network under Telangana State Innovation Cell) announce Mission 10X-SIGs, a scaling program for early-stage revenue startups from research incubators

  • 3-month Market Strategy, Business Development and Business Access Program
  • For startups from Research Incubators and Accelerators
  • 10L fund support, scaling strategy and a combined demo day
  • For DeepTech & MedTech startups, jointly by IIIT Hyderabad, IIT Hyderabad, BITS Hyderabad, CCMB and IKP with T-Hub and TSIC

HYDERABAD, India, July 20, 2022 /PRNewswire/ — RICH (Research and Innovation Circle Hyderabad) (Hyderabad S&T Cluster) & T-Incubators & C-Acceleratorsonsortium launched Mission 10X – SIGs, a 3-month joint scale-up program for early-stage research-connected startups. The program offered to startups from research incubators and accelerators will facilitate market strategy, company market reviews, client connections and funding opportunities. The collaborative initiative will support the startup ecosystem by working with connected startups seeking multiple incubators and accelerators within Telangana and outside.

All shortlisted startups will go through 3 months of mentorship to review their product strategy, overall go-to-market approach and corporate pitch preparation and fine-tune these elements to deal with the current business climate and constraints. The program also offers a 10 lakh-fund-support for selected startups and will lead to significant market impact and growth.

“The challenge most search startups face is identifying these scalable market opportunities for their solution. This program addresses these challenges through a collective statewide effort,” said Mr. Ajit RangnekarCEO of Rich.

This program, in its first pilot, will target the DeepTech and MedTech fields. To be anchored by CIE-IIIT Hyderabad and IKP, in association with AIC-CCMB, BITS TBI and iTIC-IIT Hyderabad. With RICH and T-Hub enabling the business to connect.

“This collective initiative of the ecosystem will greatly help early revenue-seeking startups. the second such an initiative by T-Incubators and Accelerators Consortium, after Rejig-HydStartups in 2020,” says Ms. Deepanwita Chattopadhyay, President and CEO of IKP.

About the T-Incubators & Accelerators Consortium

T-Incubators & Accelerators Consortium (A network under TSIC). The consortium focuses on various capacity building and collaboration programs to support startups and also provides guidance to newly established incubators to scale their operations through the monthly T-Incubators & Accelerators Meetups. During the pandemic, the consortium had also launched Rejig-Hydstarts – an initiative to provide collective support to startups across all research/academic incubators in the state to alleviate the pressures startups are facing due to the Covid-induced downturn and business constraints.

Startups can apply through the link here: https://rich.telangana.gov.in/Mission-10X-SIGs.html

About IIIT-Hyderabad:

The International Institute of Information Technology, Hyderabad (IIIT-H) is an autonomous research university founded in 1998 that focuses on key areas of information technology, such as computing, electronics, and communications, and their applications in other fields through to interdisciplinary research that has greater social impact. Some of his research areas include visual information technologies, human language technologies, data engineering, VLSI and embedded systems, computer architecture, wireless communications, algorithms and computer security. information, robotics, building science, earthquake engineering, computational natural sciences and bioinformatics, education technologies, power systems, informatics in agriculture and e-governance.

Website: www.iiit.ac.in

Logo: https://mma.prnewswire.com/media/600789/IIIT_Hyderabad_Logo.jpg

SOURCE International Institute of Information Technology – Hyderabad