SOFTWARE Technology Parks of India (STPI), Ministry of Electronics and Information Technology, Government of India has brought in Next Generation Incubation Scheme (NGIS) for Start-ups and simultaneously, launched CHUNAUTI – NextGen Startup Challenge Contest under this scheme. In this context, STPI-Jaipur organized a outreach webinar session on Tuesday, 25th August 2020 to reach-out the potential participants. The session was addressed by eminent personalities. Dr Omkar Rai, Director General, STPI, and other eminent speakers and mentors like Sh. Rajneesh Agrawal, Director, STPI-Noida, Sh. Subodh Sachan, Director-STPI-HQ, Dr Ajay Data, MD, Data group of Industries, Jaipur, Sh S K Surana, MD, Compucom Software Ltd. Jaipur and Sh Chintan Bakshi, CEO, Startup Oasis, Jaipur. The session was moderated by Shri Avadhesh Kumar, Additional Director & Officer In-Charge, STPI, Jaipur. The outreach webinar was well taken and more than 250 participants attended.
NGIS is a pioneering initiative by Ministry of Electronics and Information Technology (MeitY), Government of India & STPI to build a world-class incubation ecosystem for identifying & nurturing start-ups working towards path-breaking software products for addressing the futuristic problems in business and society, and transforming them to become tomorrow’s unicorns. Along with MeitY, STPI, MSH, STPINEXT INITIATIVES, a vast spectrum of industry, academia, investment and funding agencies joined hands to support the innovative product focussed start-ups in the most comprehensive manner.
NGIS is focused on 12 tier-II locations in the country viz. Agartala, Bhilai, Bhopal, Bhubaneshwar, Dehradun, Guwahati, Jaipur, Lucknow, Prayagraj, Mohali, Patna and Vijayawada. It aims to support 300 start-ups/entrepreneurs/SMEs in the field of IT/ITeS/ESDM over a period of 3 years. Startups from pan-India can apply and become NGIS beneficiary.
Each NGIS location has a dedicated chief mentor along with a ‘mentor pool’ and knowledge partners. The services offered by NGIS to its beneficiaries include Physical infrastructure (including state-of-the-art incubation and dedicated Software Product Security Testing-SPST facility), Mentoring, Access to VCs for funding support, Advisory Services (such as HR, Legal, Accounting, IPR/Patenting) along-with financial incentives like seed funding of up to Rs 25 lakh. Registration is open for participation in open challenge programme – CHUNAUTI – and the last date for submission of applications is 7th September 2020. A detailed to-do list is available on https://ngis.stpi.in .
Dr Omkar Rai, Director General, STPI stated that As long as we work in unison, we can deliver on our goals in Rajasthan and I see that synergy in the state and he further added that Rajasthan has a long history in creating large industries in the country and building business ecosystem. Dr. Ajay Data, Chief Mentor of NGIS-Jaipur cited that STPI has been a great pillar for Start-ups all over India to support software product development. Sh. S.K. Surana, Mentor, NGIS-Jaipur also said that STPI has been a front runner in the IT growth of the country by providing the support the desired infrastructure.
STPI is coming up with additional 20,000 sq ft built-up space at Jaipur , wherein Incubation and other facilities for promotion & growth of IT/ITeS/Electronics industry in this region will be created, the facility may be ready by year end