Incubation Program for Mobility Startups

NSRCEL is partnering with Maruti Suzuki India Limited, to help startups working on technology based innovations that can be applied in the Automobile and Mobility sector.

This is a 3-month (Pre-incubation) followed by 6-month (Incubation) engagement designed for startups in ideation to proof of concept stage working in innovations that can be applied in Automobile and Mobility space to become profit making businesses.

Program Highlights

Access to Domain Experts

Real-time assistance by domain experts.

Guidance on Regulations

Facilitating sessions to keep the entrepreneurs updated with the government regulations in the mobility space.

Investor Connect

Chance To Showcase Ventures Periodically At Startup Events/Exhibitions

Mentoring

Unparalleled Access To Our Extensive Mentor Network Including Alumni, Industry Experts And VCs

Need Assessment

Focus On Area Specific Development Of Ventures And Ecosystem Mapping Of Their Requirements

Opportunity to do a Paid PoC with Maruti Suzuki

Select startups will get incubation support from NSRCEL and an opportunity to do a Paid POC with Maruti Suzuki

Grand Prize

Maruti Suzuki- CIAZ

Best Performing Startup gets a Maruti Suzuki-CIAZ

Who is it for?

Artificial Intelligence

Autonomous Mobility

Big Data Analysis

Blockchain

Connected Cars

Data Security

Digital Solutions

Finance

Loyalty Program

Rural

Shared Mobility

Supply Chain

Vehicle Diagnostics

Augmented Reality (AR) / Virtual Reality (VR) / Mixed Reality (MR)

Vehicle Safety / Advanced Driver Assist System (ADAS)

Warehousing

Application Process

Startups with ideas in mobility and technology can submit their application on www.nsrcel.org
Applicants will be shortlisted based on the viability of the idea and the proposed solution to the problem proposed to be solved
Selected ventures will enter the 3-month pre-incubation program. These ventures will pitch to qualify for incubation
Shortlisted ventures will enter a 6-month incubation program.

Key Mentors

Noritaka Wakuda

Innovator and Marketer
at Maruti Suzuki

Dr. S. Rajagopalan

Founder Director,
IIITB Innovations Centre

Pradeep Varadaraja Banavara

Entrepreneur In Residence(NSRCEL)
Previously Product Head-Grab

FAQ

Before the Program

Who is eligible to apply?

Early-stage startups who have an innovative technology and solution that can be applied to Automobile and Mobility sector and who fulfill the eligibility criteria listed above

Can a single founder apply to the program?

Yes. We accept applications from solo founders.

I have two ideas? Can I submit two applications?

Each applicant must apply with a single idea.

If I have applied in the past, can I apply again?

Sure, but to improve your chances of selection do highlight any additional information of your progress since your previous application with specifics on how your idea can be applied to the Automobile and Mobility sector.

When can I apply?

Applications are currently open. The last date to apply for Mobility Startup Incubation is 30th Sep 2020.

What stage should the startup be in to be eligible?

Early-stage startups that demonstrate the potential to innovate, implement and create impact in the innovation areas listed in ‘Who is it for?’ section.

What do you look for in an applicant?

Founders are required to be committed to their idea full-time and must demonstrate the ability and entrepreneurial mindset to build and grow an organisation. While we love to work with startups with existing traction and customers, it is not a prerequisite for acceptance into the program.

What is the selection process?

After reviewing your application, promising candidates will be invited for an online interview. During this time you will be asked to pitch to the panel from NSRCEL and Maruti Suzuki, so we can better understand the solution you have to offer and what you are seeking from the Mobility Startup Incubation.

During the Program

How much does it charge to participate in the program?

It is free of cost. The program is fully sponsored by NSRCEL and Maruti Suzuki.

Where will the program take place?

All the activities related to Pre-incubation & Incubation will be conducted online

Do I need to be present for the entire duration of the program?

We recommend that at least one of the founders attend the sessions and activities organised as part of pre-incubation and Incubation, to benefit from the sessions and workshops designed specifically for the program.

How long is the program for?

Pre-incubation is for a period of 3 months and Incubation is for a period of 6 months.

What is the pre-incubation program like?

Startups selected for the 3 month program will get invites to attend virtual workshops, one-on-one mentoring sessions, masterclasses designed for Mobility startups, peer-peer learning activities and other networking sessions with our network of advisors and community of founders.

Why pre-incubation?

Pre-incubation will help us understand your venture better in terms of your business model, your strengths, challenges, and areas where support is required while you experience the NSRCEL’s way of engagement. Mentoring Interactions, workshops, sessions and events from NSRCEL and Maruti Suzuki can help to take your startup to the next level by building more clarity and being customer-focused.