MoU- Deliverables

Funding Partners

Govt. of Odisha
  • Funding 50% of the project cost
  • Provision of incentives both fiscal and non-fiscal as per various govt. policies i.e. ICT Policy -2014, Startup Odisha Policy 2016 and Industrial Policy Resolution -2015
  • Monitoring of progress
Meity, GoI
  • Funding 50% of the Project cost
  • Monitoring and evaluation
  • Policy guidance and support

Academic Partners

IIIT Bhubaneswar
  • Academic and subject matter related mentorship
  • Organise challanges in ESDM in collaboration with IESA
  • Encourage its students to take up internship, entrepreneurship at EP Bhubaneswar

Implementing Partners

  • Implementation of the project
  • Managing everyday operations
  • Extend need based mentoring to startups
  • Liaison witrh external agencies
  • Attract angel and venture capital funds
Texas Instruments
  • Expert technical and mentoring support
  • Market intelligence
  • Industry insight
  • Need based advanced short term training
Pontaq Ventures India LLp.
  • Invest cross boarder innovation funds in startups over 5 years period
  • Facilitate workspace at preferential rates in UK and access to other international markets through its network
  • Go to market strategy for startups
  • Provide education, training and mentoring;
  • Conduct workshops on innovative business models
  • First right of refusal to invest into startups maturing from the CoE
  • Enrolment to “Startup with IBM” Program based on eligibility criteria
  • Offer enrolled startups gets access to technology usage credits up to $120,000, leading experts & enterprise grade Cloud Data, IoT, Blockchain, Watson platform and AI technologies
  • Conduct deeper technical hands-on workshops for interested startups on technology on their areas of interest
IIM Kolkata
  • Support in conducting national level hunt for startups
  • Provide technology platform for online “call for application”, screening of applications received, on-boarding of startups and capturing relevant information
  • On-boarding mentors, domain experts, investors, partners, stakeholders to the CoE
  • Assignment of mentors, boot-camp and capacity building workshops for incubated startups
NRDC (National Research Development Corporation)
  • Mentoring and handholding services
  • IPR awareness training
  • IPR advisory services and filing of patents
  • Technology transfer and management support
  • Facilitation of technology marketing in India and abroad
  • Linkage with African and Latin American countries
  • Priority for funding