Facebook pronounces second version of India Innovation Accelerator
There’s a lot occurring in the startup environment in India. Recently, Kerala invested in India’s biggest startup incubator in Kochi.
Facebook has now introduced that it is going to be operating toward constructing a robust startup environment in India. The social networking platform has introduced the second one edition of India Innovation Accelerator Program in partnership with T-Hub. The application focuses on empowering revolutionary startups the use of synthetic intelligence (AI) based totally solutions that can have advantageous impact on the network.
The inaugural version of India Innovation Accelerator application became quite a success. T-Hub and Facebook decided on nine startups from the shortlisted 20 startup packages. The 3-month application through Facebook will help startups in leveraging pleasant technology to resolve real-global problems. The accelerator program makes a speciality of fixing real-international issues in health tech, company studying, girls empowerment, agriculture, weather alternate, education, and human assets.
Satyajeet Singh, the head of platform partnerships at Facebook India and South Asia stated, "At Facebook, we want to encourage and guide startups working on frontier technologies. We consider Artificial Intelligence is one such technology which could resolve issues crucial for society and help to discover right solutions. With the second one version of the India Innovation Accelerator programme, we want to help to construct the surroundings for AI in India and guide startups with the assets and opportunities they would need to prevail. We aim to carry our enterprise information, technical recognize-how to take their thoughts to subsequent stage.”
Startups that get everyday within the application will undergo a sequence of sports designed to help in product improvement, growth to new markets, and growth. Facebook will help those groups with technical information, mentorship and education on the way to use Facebook products, equipment, and free get admission to to suite of offerings. T-Hub will provide the access to its community of top mentors, experts, carrier vendors, and investors. Shortlisted startups can pitch their merchandise all through Demo Day on the give up of this system.
The minimum criteria for applying for this system is as follows:
- Some stage of marketplace traction and minimum one complete-time employee.
- A product/carrier that gives functionality not available in any of the goods to be had inside the marketplace. ----The functionality needs to possess benefit over cutting-edge marketplace services.
- The services or products represents original concept, owned with freedom to apply or is licensed via the group.
- A formal or prison entity for the organisation shape.
The ultimate date to use for the program is June 2, 2019. Interested startups can go to T-Hub's reliable website to research greater.