Third season of NXP India Tech Startup Challenge is here
NXP India, one of NXP Semiconductors' largest R&D facilities, has announced the opening of Season III of NXP India Tech Startup Challenge 2023. It is a platform for upcoming startups. This challenge aims to support and mentor start-ups working on embedded product development for the automotive, industrial & internet of things, mobile, and communication infrastructures. Applications open from 06 February, 2023.
The event is being organized in collaboration with Startup India Hub, a platform to connect the Indian start-up ecosystem by the Ministry of Commerce and Industry, which will host all the applications.
The Extreme Tech Challenge will invite the top 3 startups as finalists at the XTC's bootcamp event where they will be evaluated by a panel of investors thus giving them global exposure.
In addition to the monetary benefits, the top 10 Tech Startups will also receive equity-free pre-incubations from incubator partners Electropreneur Park (ESDM Incubator) and Semiconductor Fabless Acceleration Lab (SFAL), as well as lab test equipment to turn ideas into prototypes complimented with mentorship sessions for business, technology and scale up opportunities.
The top 3 winners of Season 2 were awarded prize money of Rs. 3.33 lakhs, a mentorship opportunity with NXP India's panel of Technical Leadership Experts, and a chance to participate as finalists in the Extreme Tech Challenge (XTC).
Explaining what the exercise is about, Hitesh Garg, India Country Manager, NXP Semiconductors said, “Tech Startup challenge is a platform that provides tech entrepreneurs a chance to showcase their brilliance in their domain. Making India a global leader in the development of environmentally friendly technology firms is our goal.”
Total prize
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