Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups

The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates.

As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to Innovate Programme.

Integrate to Innovate is a 3-month corporate acceleration programme for energy startups housed at the corporate premises.

The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates.

The startups are expected to register for the programme till August 10, 2018. The selected startups will receive a cash prize grant of up to Rs. 5 Lakh per startup along with an opportunity to pilot their product with corporates.

Following prizes, the corporates will offer them access to technology, technical and commercial mentorship and access to potential customers through the corporate network of partners.

Entries are invited from innovators across various stages of the energy life-cycle—generation, transmission and distribution, storage and consumption—in multiple sectors such as households, farm, industry, infrastructure, building, utility and transport.

The winners will be assessed on select parameters such as the breakthrough nature of the innovation, business viability and scalability potential.

Some of the specific areas eligible for the registration are household, transport, farm, infrastructure, utility and building.