Electroprenuer Park invites proposals from startups

Electroprenuer Park logo

The Electropreneur Park is built over a space of 10,000 Sq. feet at
South Campus, University of Delhi with an objective of supporting 50 start-ups working on electronics product design and development

Electropreneur Park (EP) managed by Software Technology Park of India (STPI) with Delhi University as the Academic Partner and India Electronics & Semiconductor Association (IESA), the premier industry body representing the electronics, semiconductor and embedded systems offers a unique integration of government, industry and academia to nurture ESDM startups in India. Electropreneur has now launched invitation of proposals for the 5th cohort from Electronic and Hardware startups for Incubation and Virtual Acceleration program after 4 successful rounds of Incubation.

The first of its kind, a focused pre-Incubation program for young students and startups at EP is also launched this year to handhold at least 10 startups for creation of a unique prototype from Idea stage within a period of 3 months. All startup groups joining this program shall have access to technical experts from ESDM industry and reimbursed raw material costs for creating a working prototype and prepare for Incubation stage.

The Electropreneur Park is built over a space of 10,000 Sq. feet at South Campus, University of Delhi with an objective of supporting 50 start-ups working on electronics product design and development and create 5 global companies over a period of five years.

In addition to providing work space to the selected entrepreneurs, the initiative also provides the Incubated entrepreneurs, access to state-of-art RF & Power laboratories as per international standards, mentorship by domain experts from industry and academia, efficient supply chain and eco-system that supports a bouquet of shared services and facilities to the incubatees like fast prototyping, taxation, legal, finance, accounting, patent search, training, interns, business counselling, opportunities to mobilise funds through network of investors.

Electropreneur Park (EP) was formally inaugurated by Shri Ravi Shankar Prasad, Hon’ble Union Minister of Law and Justice, Electronics & Information Technology on 27th Aug 2016 and has been in operation since 1st April 2016

The Electropreneur Park has nurtured 26 startups till date and 18 startups have successfully availed the Incubation facilities at the park since April 2016. The performance dashboard of Electropreneur Park for last 2.5 years of operations is follows:

· 17 Incubated, 1 pre-incubated startup

· 8 graduated startups with 6 currently at revenue stage

· 19 New Products created

· 18 patents filed

· 8 Cr. INR of external funding to startups

· 19.50 Cr. INR of revenue generation by startups

· 196 numbers of employment generated

· 77 Cr INR of value created by startups

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Latika Bhargava
Latika Bhargava successfully manages the dual responsibility of news and website management at Newsbarons. Latika prides herself at her expertise on social media planning and management. An entrepreneur at heart, Latika is a quick learner, analytical and enjoys reading on technology innovation.
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