Govt's startup accelerator WaveX launches 7 New Incubators for Gaming & XR Startups

WaveX, a startup accelerator, will set up seven new incubation centres across India, the Ministry of Information and Broadcasting announced. 

These centres will support startups in animation, visual effects, gaming, comics (AVGC), and extended reality (XR).

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The new centres will be set up at IIMC campuses in Delhi, Jammu, Dhenkanal (Odisha), Kottayam (Kerala), and Amravati (Maharashtra), as well as at the Film and Television Institute of India in Pune and the Satyajit Ray Film and Television Institute in Kolkata.

The new centres join the existing facility at the Indian Institute of Creative Technologies (IICT) in Mumbai. They will give startups access to advanced production, post-production, and game development tools, as well as testing support through IICT, FTII, SRFTI, and other partner incubators.

Each new centre will select 15 startups for its first cohort, with monthly fees of Rs 8,500 plus GST. Priority will be given to ventures in media, entertainment, AVGC, and XR. The centres will help startups develop and test film, gaming, and immersive content to global standards.

The flagship IICT Incubator in Mumbai offers top-tier infrastructure, including 8K and 4K cameras, Dolby Atmos theatres, high-performance workstations, virtual production stages, VR testing kits, and gaming consoles.

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Startups can access resources on-site or online, and selected ventures receive incubation support, industry and government connections, funding guidance, and sales and marketing mentorship.

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