By 2020, 24 billion IoT devices are expected to be deployed globally, with USD 6 trillion as the projected spend on innovative IoT solutions.
The IoT Innovation Accelerator program springs from the shared vision of CIIE-IIMA and Cisco to bring about change through disruptive connectivity start-ups in India. The program looks to target India's seemingly intractable challenges in industry 4.0, agri-tech, clean-tech, civic-tech, and health-tech.
The program is designed to accelerate the journey of 10 selected start-ups towards growth, scalability, and commercialization.
Solving real and critical problem(s) in the areas of industry 4.0, agri-tech, clean-tech, civic-tech, and health-tech.
Have early validation on their solution through pilot customers, retention, referrals and similar metrics.
Feature strong teams with complementary skill sets and founders working full-time.
Catalytic Capital of INR 17.50 Lakhs (approx USD 25,000) to 10 top start-ups
CIIE will consider seed-funding up to INR 70 lakhs in 2 start-ups
Access to CIIE's exclusive network of founders, mentors and practitioners working towards innovation
Customized problem-solving support and strategic advisory
Access to industry experts from CIIE and technical mentors from CISCO
Pilot opportunities with partner organizations
Service partners for cloud, marketing & other support worth over INR 20 lakhs
Extensive visibility through our platforms and networks
Portfolio support up to a year providing market, channel and investor connects
We believe we have an opportunity now to leverage technology, ingenuity and social consciousness to solve some of India's most pressing social challenges. Through this partnership with CIIE, we seek to inspire and empower a new generation of problem solvers and hope to accelerate our journey towards positively impacting 50 million beneficiaries by 2025.