A host of benefits for finalists in the form of incubation, patent-filing incentives, industry exposure, networking opportunities, expert mentorship, expense reimbursement, and more
Submitted by Qualcomm Inc.
BENGALURU, India, August 2, 2021 /CSRwire/ - Qualcomm Incorporated (NASDAQ: QCOM) has announced the twelve finalists of the Qualcomm® Design in India Challenge 2021. Each finalist will receive an amount of INR 3.2 lakh along with mentorship and access to Qualcomm Innovation Labs, incentives for patent-filing, and business development opportunities with the help of Qualcomm Technologies’ global sales and business teams. Currently in its sixth edition, the Qualcomm Design in India Challenge was organized in collaboration with NASSCOM, Startup India and AGNIi and received close to 160 applications across industries. The finalists were selected through a virtual, rigorous selection process in June by a jury comprising of senior executives from NASSCOM, STPI, C-CAMP, NLU and various business units within Qualcomm.
India is at the cusp of becoming the world’s largest startup ecosystem. The Qualcomm Design in India Challenge was conceptualised in 2016 with the objective of empowering this growing network with the latest technologies. Since then, it has become one of India’s longest-running wireless hardware startup incubation programs. Attuned to the ‘Digital India’ mission it focuses strongly on encouraging local innovation and protection of intellectual property (IP) by these startups. The Qualcomm Design in India Challenge is equity free and offers the following benefits to its finalists:
Sudeepto Roy, Vice President, Engineering, Qualcomm Incorporated, said, “Qualcomm believes in connecting the world through innovation and collaboration, which is the key to not just building a prosperous future but also sustaining it. Propelled by advanced technologies such as 4G, 5G, AI/ML, and IoT, Indian startups can take the lead in this space and contribute significantly to the vision of building a truly digital India. The Qualcomm Design in India Challenge is aimed at encouraging startups to come forward with ideas that can put India on the global innovation map, and in the process, also learn to protect their own innovations through patenting.”
Rajen Vagadia, Vice President, Qualcomm India Private Limited and President, Qualcomm India & SAARC, said, “The startup ecosystem in the country has grown manifold over the years and is geared to help India achieve its vision of Atmanirbhar Bharat and Digital India. Indian startups have the capacity to come up with innovations that can provide solutions not only for India but also the world. The Qualcomm Design in India Challenge is one of the efforts underway aimed at encouraging startups in important socioeconomic spheres such as Smart Infrastructure, Agriculture Technology, Robotics & Drones, Mobile Edge Compute, Industrial Automation, and Medical Technology. We see great promise in India’s startup ecosystem and will continue to nurture it through our programs.”
The finalists of the Qualcomm Design in India Challenge 2021 come from diverse areas such as smart robotics, smart infrastructure, manufacturing, agritech, space tech, and medical technology. The list of these 12 startups and their respective solutions is as follows:
Click here for more information on the Qualcomm Design in India Challenge
Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.
Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research, and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.
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