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Senselink Technologies (SenseGrass) announced its entry into the final 12 startups for Qualcomm Design in India Challenge 2020. The Qualcomm Design in India Challenge - 2020 is a continuation of the initiative by Qualcomm that was started in 2016 to encourage design houses and product companies to invent useful and innovative hardware product designs.
Prize Money: Three months into the incubation, a mid-cycle review by Qualcomm will be held and those startups that meet the review requirements would be eligible for an additional grant of INR 1.6 Lakh. In March 2021, a jury pitching session will be held, and one winner and two runner ups will receive INR 65 Lakhs, INR 50 Lakhs, and INR 35 Lakhs, respectively.
Patent Filing Incentive: Qualcomm will reimburse each startup an amount of INR 1.6 Lakh for a full utility patent application filed with either the US PTO or India PTO in respect of the proposal for QDIC and during the incubation phase of the program (at the prevailing exchange rate). Limited to 2 patent applications per startup.
Opportunity to be incubated at NASSCOM CoE for IoT: Qualcomm, through its partner, will offer accelerator services to all startups at no additional cost, which would include Diagnostic assessments, Workshop interventions on scaling parameters like operations, customers, competition, product, financials, org building and seeking investments. Startups are expected to travel for these workshops at their own cost.
Accelerator Services: Qualcomm, at its discretion, can recommend up to 3 startups that will be given 30 seat-months at a NASSCOM CoE for IoT center at no cost to them without having to go through the standard application process.
Speaking on the occasion, Sudeepto Roy, Vice President, Engineering, Qualcomm Incorporated, said, "Innovation lies at the heart of everything we do at Qualcomm. With the Qualcomm Design in India Challenge, we had set out to boost the start-up ecosystem to achieve the reality of a digitally enabled India. Our intent was to encourage start-ups to develop innovative hardware products using Qualcomm's advanced technologies and we are encouraged and inspired to see the level of innovation that has emerged from India over the last few years, through this program, and continues to be the theme and objective."
SenseGrass and the other eleven startups (Adiuvo Diagnostics Pvt. Ltd, Aubotz Labs Pvt. Ltd, Bagmo Pvt. Ltd, Embedsense Solutions Pvt. Ltd, Hachidori Robotics Pvt. Ltd, Nemocare Wellness Pvt. Ltd, Peer Robotics Pvt. Ltd, Planys Technologies Pvt. Ltd, Prakshep Pvt. Ltd, Vacus Tech Pvt. Ltd, Wellnesys Technologies Pvt. Ltd) will start incubation at the Qualcomm Innovation Lab from July 2020 and expected to finish in March 2021.