Invest India under Department of Industrial Policy and Promotion (DIPP) in partnership with energy companies has launched Integrate to Innovate Programme for startups in energy sector. It is three-month programme for startups in the power sector aims to foster collaboration between startups and large corporations of the energy sector.
Integrate to Innovate (i2i) Programme
i2i programme will provide opportunity for startups for collaboration and conversation around valuable energy transitions by bringing their ideas to life with guidance and support from corporates. The selected startups will receive cash prize grant of up to Rs 5 lakh along with opportunity to pilot their product with corporates. The corporates will offer selected startups access to technology, technical and commercial mentorship and access to potential customers through corporate network of partners. Startups from innovators across various stages of energy life-cycle i.e. generation, transmission and distribution, storage and consumption in multiple sectors such as households, industry, farm, infrastructure, utility, building and transport are invited under this programme.
It is official Investment Promotion and Facilitation Agency of Central Government. It has been set up as non-profit venture under Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industries. It is mandated to facilitate investments in the country. It is first stop for potential global investors in country.