Technovuus ARAI

News & Updates

Technology up-levelling program

  • Posted: 12-08-2021

 

With the aim of directly enhancing and empowering indigenous Innovation and technology development, ARAI through TechNovuus has launched UpTech-a technology up-levelling program for a multitude of mobility related problem statements. The program, launched on the auspicious occasion of our nation’s 75th Independence Day, provides access to a wide range of support mechanisms, including Technology up-levelling, incubation, collaboration, mentoring, tools & resources, funding and a lot more for start-ups, MSMEs and individual innovators in the mobility ecosystem. Along with leveraging a strong industrial support system, the first phase of UpTech provides access to a funding pool of over a crore rupees.

Eligible individuals, teams and entities can apply for the program through one of the 11 problem statements identified and posted on TechNovuus for the first phase of the program.

The application process would entail an eligibility check and the submission of a techno-commercial pitch document. This would be followed by a 2-stage evaluation process by ARAI and industry leaders, with mentoring sessions from technical and business experts for shortlisted participants.

How to participate?

Timeline:

  • 15th Aug 2021 – Launch of up-levelling scheme through selected problem statements.
  • Completion of first round of shortlisting and declaration of shortlisted participants. Initiation of mentoring sessions for shortlisted participants.
  • Final evaluation round through presentations to screening committee.
  • Declaration of final shortlisted innovators for further levelling up, signing of MoUs with finalised support terms and conditions.

For more information on the program, a detailed overview is available at: https://prezi.com/view/fI3sqYZcQTcpEiRiS6HQ/ , or under our FAQ section.

Specific queries may be addressed to mail id info@technovuus.araiindia.com or our WhatsApp based helpdesk https://wa.me/message/BWX6SYO2JAXDH1

 

 

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