Facebook opens applications for India Innovation Accelerator Program 2019

NEW DELHI: With a dream to additionally assemble the Indian Startup biological system, the India Innovation Accelerator Program by Facebook in association with T-Hub, has now opened applications for its second release. After the accomplishment of the debut release of the startup quickening agent program, the India Innovation quickening agent will presently concentrate on recognizing and enabling creative new companies utilizing Artificial Intelligence (AI) based arrangements that will positively affect the network.

Satyajeet Singh, Head of Platform Partnerships, Facebook India and South Asia, said in an announcement, “At Facebook, we need to energize and bolster new companies dealing with boondocks innovations. We accept man-made brainpower is one such innovation that can take care of issues significant for society. With the second release of the India Innovation Accelerator program, we need to assemble the biological system for AI in India and bolster new companies with the assets and openings.”

The program will bolster an accomplice of AI new businesses that will concentrate on structure innovation to take care of complex social issues in the areas of Empowerment of Women and Girls, Agriculture, Healthcare, Education, Climate Change, Resilient Cities and so on.

Ravi Narayan, CEO of T-Hub, said in an announcement, “The primary version of the India Innovation Accelerator program in association with Facebook a year ago was an incredible achievement, as we explored some too cool and inventive new companies in the AR/VR/MR enterprises. We are eager to accomplice again with Facebook for the second time.”

New businesses acknowledged into the program will take an interest in rich educational programs of exercises. Facebook will give specialized skill, mentorship, preparing on the utilization of Facebook items and devices, free access to a suite of items and administrations, and access to specialists inside the organization. The new companies will likewise approach T-Hub’s system of tutors, industry specialists, financial specialists, specialist organizations and will be enabled a chance to draw in subsidizing for their business amid the Demo Day toward the finish of the program.

To meet the base qualification criteria of the program, the new companies ought to have:

At any rate one full-time representative with some underlying business sector footing

An item or administration that gives a usefulness/ability that isn’t right now accessible in any off the rack item, or a usefulness/capacity that can be exhibited to have a noteworthy preferred standpoint over current contributions in some viewpoint

Item or administration that speaks to unique thoughts entirely claimed with the opportunity to utilize or is authorized by the group

A group is situated in India, and is attempting to serve the Indian market; groups aren’t constrained to working in India, yet should have clients in India

Shaped or is a piece of a perceived, legitimate element for the organization structure

The call for application to partake in the program closes on second, June 2019.