Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler AG, has launched a global competition, 'Startup Sparks', for early-stage start-ups to pitch their ideas in the fields of electric vehicles and alternate mobility, connectivity & servitisation, future mobility, and customised applications & industrial products.
THE FARM is an incubator platform to drive innovation that offers early-stage entrepreneurs and inventors the chance to turn ideas into reality. "Our vision is to develop and evolve mobility solutions to embrace a better life for people and the planet,” said Satyakam Arya, CEO & Managing Director DICV.
The competition, which will be held entirely online in its first edition, will remain open from December 21, 2020 to January 29, 2021.
The competition is open to early-stage start-ups, SMEs and entrepreneurs.
Shortlisted start-ups will participate in the preincubation module followed by a nine-month incubation programme, ‘THE FARM’. With mentorship, infrastructure and funding support from DICV, academia and domain experts, participants can mature their ideas to the ‘proof of concept’ stage.
This initiative is organised in association with the Office of the Principal Scientific Adviser to the Government of India and Invest India. It aims to bring industry, institutes and the start-up ecosystem closer to strengthen knowledge capital.
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU