APPLICATIONS ARE NOW CLOSED. THANK YOU FOR THE OVERWHELMING RESPONSE!
The ARTPARK Innovation Challenge 2024 is designed to provide various modes of support to various types of teams: Researchers/innovators affiliated with institutions can avail of grants; Startups can get investments; and unaffiliated/unincorporated teams can join ARTPARK as Innovators-in-Residence. Through this challenge we will also select for our prestigious Startup@ARTPARK programs based on stage and fit.
Up to Rs. 2 crore per year, per team/startup
Mentoring & training
Connects to deep-tech facilities, researchers, investors
Technologies:
Robotics
Autonomous Systems
AI
Indic language AI
Communications & Network technology
Domains:
Industrial Automation
Mobility
Agriculture
Health
MODES OF SUPPORT
Grants
Researchers & Innovators affiliated with academic/DSIR-certified/non-profit institutions
Investment
Pre-Series A startup teams with an incorporated company
Innovators-in-residence
Funding and manpower support is offered to unaffiliated or unincorporated teams creating a startup
What We Provide
Focus on Deep-tech
We offer extensive support – financial and otherwise – specifically for deep-tech innovations that will have a game-changing impact on the industry or society.
Funding
Receive up to INR 2 crores per year in financial support as part of a cohort of deep-tech startups, entrepreneurs and innovators.
World-class R&D Facilities
Leverage shared resources such as ARTgarage (for advanced manufacturing and testing), test beds for drones and autonomous systems, wireless/5G test bed, etc.
Investor Networks
Connection with investors/VCs who are genuinely interested in deep-tech startups. Some active participants in our programs: Accel, Ideaspring, Social Alpha and Speciale Invest.
Mentorship & Skill-building
Mentoring/training program through which we help you understand your product-market fit.
Tech Ecosystem Access
Access to a thriving ecosystem - in India and abroad - for cutting-edge research/tech collaborations.
R&D @ARTGarage
ARTgarage is a 75,000 sq.ft. facility with shared infrastructure and tools for prototyping, manufacturing and testing.
We provide prioritized access to the innovators and startups we support, subject to availability.
Startup@ARTPARK programs
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Spark
For early-stage innovation teams and startups still figuring out their product, market need and/or business. 4-5 month mentoring program to help bring self-driven teams closer to their product-market fit. Learn from experienced entrepreneurs and pitch to VCs for funding.
2 in the last cohort of 15 got funded. 9 made significant changes to their product/market/business plans as a result of the program.
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Ignite
For teams that have made substantial progress on their product and/or market understanding/traction. Truly differentiated science/technology that deserves substantial funding and can benefit from collaborations and in-house support.
Supported startups in the last cohort up to 1.2 Cr. This time we can support up to 2 Cr.
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Boost
For teams that can benefit from enhanced visibility, connection to the ecosystem, and opportunities for collaboration. Typically, startups that are well on their way, but still need some support in their go-to-market or scaling journey.
In the past, we unlocked project-based funding and conducted high-visibility events with Boost startups.