» The Plugin program provides incubation support for hardware & system startups with a focus on moving from proof of concept to final product that can be taken to market.Proof-of-concept or Minimum Viable Product must be ready.
» The startups would have the option of choosing from a range of ingredient products & technologies that are available from Intel under this incubation program.
» Promoters of hardware systems-based startups, including but not limited in the areas of electronics product, IoT, Embedded Product systems, Design, Computing, etc. which broadly fall under the category of electronics sector. These could be in domains such as MedTech, SMART Cities, Automobiles, CleanTech, Industrial IoT, Consumer IoT, and other relevant technology areas.
» Preference will be given to incorporated startups at the time of admission. Teams can also apply; a selected team would need to form a private limited company to avail funding and other support.
» Applicants are required to be Indian resident nationals at least 18 years of age on 1st of August, 2016.
What are the program benefits?
» Upfront cash support of 10 lakhs per company. Teams admitted to the program will have incorporate a Pvt. Ltd. to avail funding.
» In addition, an additional 10 lakhs of equity/convertible equity funding will be offered to each team during the program, given satisfactory performance of the team.
» The final distribution pattern of financing support will be decided by the executive council formed by representatives of Intel, SINE, & DST, after review of applications and ongoing monitoring of progress.
Infrastructure & Equipment:
» The companies will get access to Intel India Maker Lab in Bengaluru & SINE facilities in Mumbai.
» Hardware & software development kits, reference boards, design collaterals, test & debugging equipment to be provided free-of-cost to all participants.
» Technical support will be made available for the design, development, testing & certification of the hardware & system products of the startup. Examples of ingredient product & technologies available for the startups are listed here.
• Transportation – Autonomous Driving, Fleet Management, Logistics & Asset Management, Telematics, In Vehicle Computing, Software Defined Cockpit:
» Intel® -based OBD-II Dongle for Advanced Vehicle Telematics.
» Intel® Xeon Phi™ Product Family – optimized for machine learning & deep learning.
» Intel® RealSense™ Technology – For Advanced Sensification of Devices.
• Industry Automation/IOT – Robotics, Machine Vision, Human Machine Interface:
» Intel® Quark™ SoC & Microcontrollers.
» Embedded platforms based on Intel® Atom™, Celeron®, Pentium®, Core™ and Xeon® processors and chipsets.
» Intel® RealSense™ Robotic Development Kit.
• Smart Cities
» Intel® UAV Development Kit.
» Intel® IoT Gateway, including Wind River Intelligent Device Platform XT.
» Intel® Processors for entry platforms (Apollo Lake).
» Intel® Curie.
» Intel® Quark™ Microcontroller D2000.
» Intel® Trusted Analytics Platforms.
For full range of the available products & technologies: To Download Click Here
Mentoring & coaching:
» Intensive bootcamp module to kick-start the Program.
» Expert sessions on business & technology development aspects to be conducted throughout the Program.
» Mentoring from senior technologists from Intel India R&D groups having expertise in the relevant platforms, products & solutions.
» Business mentors to be assigned to each team, in addition to in-house support.
» Regular networking events with entrepreneurs and industry experts.
» Facilitation to conduct field trials for real time usage of the products/solutions to get relevant feedback for refinements as needed.
» Facilitation to connect with ecosystem of design houses for software, hardware/board & enclosures, Electronic Manufacturing Service companies, Original Design Manufacturing companies as required.
» Facilitation to manufacture the products and facilitation of scaling the Go to Market efforts for relevant target markets including showcasing the solution in the Maker Showcase and other platforms.
» Opportunities to showcase products in various events, including a demo day for pitching to investors.
What are the obligations of the participants?
» Companies who accept our invitation give up 2% equity to take part in the program, at the start of the Residential Phase, to avail all the benefits outlined above. In addition, any seed capital funding availed from the program (up to 25 lakhs per company) will be in the form of convertible equity that will convert at the time of a Series A or later financing round.
» Applicants have to agree for SINE to collect the team and the startup’s personal information necessary for managing the Program. Selected companies have to send at least one founder to attend the Program and participate in the activities proposed by under the Program in accordance with the schedule. Participants have to provide feedback to SINE at the end of each session/event during the program, and at least once after the program. In addition, the participants have to provide information to SINE about fundraising, jobs created and business development for up to 3 years after the end of the program.
» Participants have to agree not to participate in the Program in any manner that might infringe any third-party proprietary, intellectual property, industrial property or other rights, including without limitation, copyright, trademark, patent, trade secret or confidentiality obligation.
|Application||Aug-Sep||Applications will be accepted from 12 pm on 6th August 2016 and end on 30th September 2016, at 23:59pm
Up to top 50 applications will be reviewed in details by an expert committee and up to 20 applications will be selected for incubation.
|Residential phase||Up to 6 months. Oct’16 to Mar’17||Focus on Customer validation & Product development
» Initial bootcamp with business & technical sessions
» Regular expert coaching sessions
» One-on-one mentors assigned
» Regular networking and industry interaction events
» Business service support
|Demo Day||In Mar’17||» One day event to pitch to investors for investment
» Top 3-4 companies get additional prizes
|Virtual phase||Apr’17 to Oct’17||Focus on manufacturing, testing, marketing
» Virtual incubation with continued business advisory support till Oct 2017
» Continued access to Intel Maker Lab in Bengaluru and SINE office in Powai on pre-booking basis
How to Apply?
» Applications for the year 2016-17 closed. Watch out this space for next year’s Applications.