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Daimler India Commercial Vehicles (DICV) has launched a worldwide competitors ‘Startup Sparks’ for early-stage start-ups to pitch their concepts. Shortlisted start-ups will obtain funding, mentoring and infrastructure help to transform their concepts into Proof of idea.
Daimler India Commercial Vehicles (DICV) has introduced the launch of a worldwide competitors ‘Startup Sparks’ for early-stage start-ups to pitch their concepts. The new start-up incubator advanced from the corporate’s inside innovation platform ‘The Farm’, will deal with the fields of Electric Vehicles and Alternate Mobility, Connectivity and Servitization, Future Mobility, and Customised Applications and Industrial Products. The competitors will probably be held completely on-line, and start-ups can submit their purposes on the Daimler-Truck Asia web site. The programme is open to early-stage start-ups, SMEs and entrepreneurs, and entries will probably be accepted from December 21, 2020, to January 29, 2021.
The utility will probably be free and the outcomes, submit jury pitch session, will probably be introduced in February 2021. The remaining shortlisted start-ups will get to take part within the pre-incubation module adopted by the nine-month incubation program, ‘The Farm’. With mentorship, infrastructure and funding help from DICV, academia and area specialists, contributors can mature their concepts to the ‘proof of idea’ stage.
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Commenting on the initiative, Satyakam Arya, CEO & Managing Director DICV mentioned, “As the inventors of the first passenger car, omnibus and truck, innovation is a part of Daimler’s heritage. We’re excited to continue that tradition by launching The Farm, an incubator platform to drive innovation that offers early-stage entrepreneurs and inventors the chance to turn ideas into reality. Our vision is to develop and evolve mobility solutions to embrace a better life for people and the planet.”
Daimler India Commercial Vehicles has organised this initiative in affiliation with the Office of the Principal Scientific Adviser to the Government of India and Invest India. The purpose of this collaboration is to deliver trade, institutes and the start-up ecosystem nearer to strengthen data capital.
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Talking about Start-Up Sparks, Rahul Nayar, Vice President, AGNIi Mission, Office of the Principal Scientific Adviser, Government of India / PM-STIAC, Invest India, mentioned, “Technology is revolutionising transport down to its most basic ideas. This offers us the opportunity to move millions of people and goods more quickly, safely, cheaply, and cleanly than ever before. The AGNIi Mission is very happy to collaborate with Daimler India Commercial Vehicles to help world-class innovators drive that revolution.”
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