Bengaluru Feb 17, 2023: The IIITB COMET Foundation established by the International Institute of Information Technology Bangalore (IIITB) has announced its first cohort to invite Innovators and Entrepreneurs to build indigenous solutions for development of 5G Infrastructure and Applications.
“COMET 5G Springboard 1.0” – is an initiative to support innovators in the development of 5G infrastructure and next-generation 5G applications that have the power to drive Industry 4.0 era and create the ecosystem of the future.
“The roll out of 5G networks in India is expected to unlock economic opportunities to the tune of US$180 Billion as per NASSCOM. Entrepreneurs can benefit from this trend and envision and create new India specific solutions. The COMET 5G Springboard provides an excellent platform to build innovative solutions in the space of Atma Nirbhar 5G infrastructure as well as applications,” says Dr. Milind Gandhe, CEO, IIITB COMET Foundation.
The program is open for innovators working in the domains of 5G Infra Development, 5G Applications, Deep-tech solutions leveraging communications, AI/ML and AR/VR solutions leveraging 5G etc.
The benefits of signing-up for this program include Industry and Technology relevant Mentorship, Access to 5G R&D Labs, Incubation support from PoC to Prototype to Product and Suitable funding in the form of Grants and Seed Money of up to 50 Lakh INR, informs Dr Gandhe.
Applications can be accessed on the website: https://comet.iiitb.ac.in/start-ups/
Last date to apply is 20th February 2023.