Category/Models

The STPI IoT OpenLab provides two models to support IoT related Startups .The Startups may choose one of the following models as per their requirement

 

stpi banglore

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)

Apply

 

Interested start-ups can apply here:

a.       Download Application Form-A

b.      Filled application to be sent to blr.iotlab@stpi.in

Apply

 

Interested start-ups can apply here:

a.       Download Application Form-B

b.      Filled application to be sent to blr.iotlab@stpi.in