CATEGORY/MODELS

Sl. No.

Complete Package (CP) Model

The Complete package of CoE – IoT OpenLab & Services

Associate Membership (AM) Model

Access to Equipment & Sample Bank only

(a)

Offerings

Offerings

1.       Unlimited lab access (subject to availability) and will have high priority.

2.       Technical Advocacy.

3.       Technical Support / Mentoring.

4.       Access to sample bank and development tools.

5.       Invitations to all Technical Seminars / Workshops

6.       Access to Funding agencies / VCs.

7.       Marketing Support / Assistance

1.       Limited only to the access to lab equipment and Sample banks of electronics based on slots & payment terms.

Start-ups will get 5 slots 3 Hours each to access the lab equipment/sample bank valid for a period of 3 Months.

2.       Invitations to all Technical Seminars / Workshops

(b)

Open to only the selected IoT start-ups

Open to all IoT start-ups companies.

(c)

Selected start-ups shall pay one time registration charge of Rs. 10,000 which is valid upto January, 2025.

·       Start-ups who are willing to access the lab equipment/tools shall pay one time registration charge of Rs. 10,000 which is valid upto January, 2025.

·       The above one time Registration fee covers 5 free slots to be used within 3 months from the date of registration

·       Subsequent slots may be booked by paying additional Rs. 5,000 for a block consists of 5 slots and the same shall be used within 3 months from the date of booking.

Note:

·       Slots shall be blocked in advance.

·       Each slot will have 3 hr duration (say 9:00 AM-12:00 Noon and 2:00 PM-5:00 PM).

·       The preferred slot shall be allocated based on the availability.

(d)

Selected start-ups shall share 3% equity with STPI. This will be in additional to above registration fee.

Equity: Nil.

(e)

Registration Mechanism

Registration Mechanism

1.       Submission of filled Application

2.       Participation in Ideation/ Pitching

3.       Short-listing of start-ups based on criteria

4.       Payment of registration charges and signing equity share agreement.

Submission of filled form.

(f)

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