: Thub selects 10 startups for Dronetech Accelerator program #FinanceIndia #StockMarketNEWS T-hub selects 10 startups for Drone-tech Accelerator program Hyderabad, Feb 7 (KNN) T-Hub, an innovation

@StockMarketNEWS Wed 08 Feb, 2023

Posted in: #FinanceIndia #StockMarketNEWS

Thub selects 10 startups for Dronetech Accelerator program #FinanceIndia #StockMarketNEWS
T-hub selects 10 startups for Drone-tech Accelerator program Hyderabad, Feb 7 (KNN) T-Hub, an innovation hub and startup community enabler has announced the selection of 10 startups for the AWS-Intel Innovation Pod for Drone-tech Accelerator program, India’s first-ever accelerator program focused on drone technology.

The accelerator program – organised by T-Hub and Telangana State Innovation Cell (TSIC), with support fr0m Amazon Web Services (AWS) and Intel – received over 300 applications fr0m startups focused on drone technology across India, including fr0m New Delhi, Mumbai, Patna, Bengaluru, and Hyderabad.

The accelerator program began in July 2022, empowering startups with the tools and skills needed to drive the adoption of drone technology in India.

It aims to address specific use cases like 360-degree aerial surveys, live recording feed, and geospatial analysis in sectors like defence, space, national security, healthcare, public safety, transportation, transit, citizen engagement, agriculture, amongst others.

Ten startups, focused on drone-tech solutions were shortlisted by T-Hub for this program – 10 Infinite.

MSR (Mahankali Srinivas Rao), CEO of T-Hub, said, “Through the AWS-Intel Innovation Pod for drone acceleration, we will stay focused on supporting startups in the drone tech space with multiple elements like product design leveraging technical and subject matter advisory fr0m AWS, go-to-market strategies and investment pitches.

Dr. Shanta Thoutam, Chief Innovation Officer to Government of Telangana, said, “TSIC is elated to collaborate with T-Hub to enable connections across government departments for cohort startups to work on public sector challenges. ”

“We also successfully facilitated more than 10 startup-government interactions resulting in two pilot procurement orders to date, and will continue to support and connect more startups with relevant government departments. We believe that when government departments and start-ups work together to address a problem, the impact on society can be multiplied,” added Thoutam.

The selected startups have been given various opportunities, including a chance to pitch to several program partners for paid or unpaid pilots across multiple use cases like enhanced surveillance, crop health management, and parking management.

Additionally, the startups were given mentorship and training in product design development, sales conversion, branding, pitch refinement, and financial modelling.

The selected startups were also given direct access to the AWS Startup Ramp Program and offered AWS Promotional Credits to access AWS technologies and services.