Electropreneur Park at DU

Q.  Where has the Ministry of Electronics and Information Technology (MeitY) set up a Electropreneur Park?
- Published on 29 Aug 16

a. University of Delhi South Campus
b. University of Delhi North Campus
c. Indian Institute of Technology- Delhi
d. None of the above

ANSWER: University of Delhi South Campus
 
Aiming to incubate 50 early stage startups and create at least 5 global companies over a period of 5 years, the Ministry of Electronics and Information Technology has set up an Electropreneur Park at University of Delhi, South Campus
  • The park was inaugurated by the IT and electronics Minister Ravi Shankar Prasad
  • Incubation has been set up through a consortium of the government, academia and industry represented by Software Technology Parks of India, Delhi University and India Electronics and Semiconductor Association.
  • Incubation centre already has on board six early stage startups with few more in the process of on-boarding
  • Startups under incubation were awarded admission certificates also
  • Initiatives like Made in India, Digital India and Design in India along with Startup India taken by GoI have injected fresh hopes in the Indian electronics system design and product development space.
  • The oncoming digital revolution can transform India into a vibrant economy.
  • Programs like Make in India, Skill India and Stand Up India will make a massive difference.
  • Entrepreneurs will invest in India and government of India has already set up fund to incentivise such initiatives.
Selected startups include:
  • Arogya Medtech Pvt. Ltd. - Cerebros®
  • Ceantra Technologies Pvt. Ltd.
  • Intutive Scientific Research & Evaluations Pvt. Ltd.
  • Resonant Electronics Pvt. Ltd.
  • Starbru Techsystems Pvt. Ltd.
  • Park will focus on IP creation and product development to result in increased domestic value addition and will witness the unique integration of academia, industry, government and other incubation ecosystem elements.
  • The platform will also boost research & development, innovation, entrepreneurship in the ESDM sector and assistance during prototyping, development and commercialisation for the products conceptualised at Electropreneur Park produced through the scheme for India and other growth markets.
  • Initiative will provide the selected entrepreneurs with state-of-the-art laboratories according to global standards, ESDM mentorship by industry veterans and academicians and facilities to the incubated companies such as taxation, legal, finance, accounting, patent search, training, interns, business counselling etc.
  • EP will also provide access to funding agencies to facilitate seed funding for the promising venture and ensure seamless transition from incubate to self sufficient electronics company.
  • Fuelled by the Ministry of Electronics & IT, Government of India, the Electropreneur Park is an incubation centre under PPP mode in the Electronic Systems Design and Manufacturing sector
  • Electropreneur Park will develop, promote, recruit, incubate, mentor and create breakthrough innovations in the ESDM sector.

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