HomeTechnologyDST-funded incubator to focus on wearable, assistive technologies

DST-funded incubator to focus on wearable, assistive technologies

New Delhi, March 20 (IANS) The Salem-based Sona Incubation Foundation (SIF) is set to focus on nurturing startups focused on wearable and assistive technologies, the institution said on Wednesday.

SIF is part of the Department of Science and Technology (DST) funded Inclusive-Technology Business Incubator (i-TBI) initiative.

Located inside the sprawling Sona College of Technology campus, the SIF will offer “mentoring and functional support, investor connect as also co-working space with infrastructure for prototyping, FAB lab with PCB printing facility and semiconductor devices”.

The facilities are part of a budget of about Rs 5 crore by the Union Department of Science and Technology for three years, of which the Sona College of Technology will invest about 20 per cent as the host institution.

“The incubates at the Sona Incubation Foundation will be able to draw upon the outcomes of the 36 research and development labs of the Sona College of Technology that in the past were awarded many R&D projects by DST,” said Sathya Murthy V, Head, Sona Incubation Foundation, in a statement.

The funding also provides for a grant of Rs 1.5 crore for startups over three years, the institution said.

Further, within wearable technologies, the i-TBI aims to incubate innovative startups dealing with sensor-based fabrics for monitoring and communication and ‘assistive technologies’ to aid individuals with disabilities.

The SIF noted that it had identified companies in health tech, edtech, SaaS and industry automation for incubation in phase 1.

–IANS

rvt/svn

Go to Source

Disclaimer

The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

For any legal details or query please visit original source link given with news or click on Go to Source.

Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.

If you are not willing to accept this disclaimer then we recommend reading news post in its original language.

RELATED ARTICLES
- Advertisment -

Most Popular