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10 Startups are Selected by T-Hub & Atal Innovation Mission for Their Semiconductor Program

10 Startups are Selected by T-Hub & Atal Innovation Mission for Their Semiconductor Program
10 Startups are Selected by T-Hub & Atal Innovation Mission for Their Semiconductor Program

Ten startups have been nominated for the AIC T-Hub semiconductor programme, according to T-Hub, which oversees India’s innovation ecosystem. The shortlisted startups will be given access to markets, specialised mentorship, workshops hosted by industry experts, and the opportunity to interact with investors and businesses.

These entrepreneurs will be able to design, tape-out, produce, and test chips over the six-month programme in addition to going to market and collaborating on innovations with corporations. The top mentors from the semiconductor industry guide the development of these firms, as per reported by IndianWeb2.

T-Hub selected ten startups including ambit, Proton, Xoptimus Hivericks Technologies, Fashmo PCB Design, Hetrogenous, Silizium, Cyrrup a Solutions, Anscer Robotics, 3W, Morphing Machines, from a group of more than 150 participants.

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MSR, CEO of T,-Hub, said, “In terms of global technological innovation, startups have helped position India at the very top. Recognising their potential, the government is promoting their development through well-targeted policies, strategies, and a renewed focus on the semiconductor industry. Our AIC T-Hub program is a commitment in the same direction. We are eager to collaborate with these startups and provide them with the technical assistance, mentoring, and market exposure they require.”

The top service providers in T-Hub’s network and its international investor base, which includes HNIs and banks, will be made available to the chosen entrepreneurs so they may receive loan or equity financing to meet their financial needs and invest in their products. T-Hub will also assist them with government funding, grants, and incentives, such as T-Fund, SISF (Startup India Seed Fund), Meity, and ISM, for immediate financial advantages.

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Rajesh Adla, CEO of AIC T-Hub Foundation, said, “It’s high time we kick start designing, developing, and manufacturing Semicon chips to build a thriving semiconductor ecosystem in India. Incubation plays a key role in making this happen as it’s a new terrain to explore for young startups and the next generations to try Semicon.”

About T-Hub

T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem. With a mission of enabling and empowering an ecosystem hungry for innovation, T-Hub is creating impact for startups, corporations and other innovation ecosystem stakeholders.

Incorporated in 2015, it has provided over 1800+ national and international startups with access to better technology, talent, mentors, customers, corporates, investors and government agencies.

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About Atal Innovation Mission (AIM)

The Government of India’s flagship programme, the Atal Innovation Mission (AIM), aims to foster an innovative and entrepreneurial culture throughout the entire nation. The aim of AIM is to provide a framework to manage the nation’s innovation and entrepreneurship ecosystem, as well as new programmes and policies for supporting innovation in various economic sectors. AIM also offers venues and possibilities for stakeholder engagement.

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