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Open Challenge Program (OCP) is a platform where a startup gets an opportunity to solve problems through innovative solutions. The objective of Open Challenge Program (OCP) is to identity, recognize & reward aspiring and early-stage tech entrepreneurs. This platform facilitates aspiring entrepreneurs and innovators and their success through strategic networking, seed funding, mentoring, providing support for training, marketing, patenting, access to the CoE labs, tools, software and state-of-the-art incubation facility.
To create a holistic eco-system for encouraging R&D, Innovation and Entrepreneurship in the domain of Industry 4.0 i.e., Industrial IoT, Artificial Intelligence, Machine Learning, Augmented Reality, Virtual Reality, Industrial Automation, Industrial Robotics, Industrial Drone, Industrial 3D Printing and other related technologies powered by AI were providing physical infrastructure and support services for prototyping, developing, testing & marketing through incubating start-ups in Industry 4.0.
STPI is looking to identify and support promising startup working towards digital transformation products/solutions enabling equitable & inclusive growth of PSUs with focus on Industry4.0. The selected startups would be given physical infrastructure, funding assistance, access to networks, connects, learning and resources that are needed to build a scalable, profitable and global business.
To create a holistic eco-system for encouraging R&D, Innovation, Entrepreneurship in the domain of Industry 4.0 i.e., Industrial IoT, Artificial Intelligence, Machine Learning, Augmented Reality, Virtual Reality, Industrial Automation, Industrial Robotics, Industrial Drone, Industrial 3D Printing and other related technologies powered by AI were providing physical infrastructure and support services for prototyping, developing, testing & marketing through incubating start-ups in Industry 4.0.
To promote innovation & entrepreneurship in Industry 4.0
To encourage adoption & nurturing of Industry 4.0 by MSMEs
To strengthen domestic manufacturing of reliable and affordable Industry 4.0 products and services thereby reducing dependencies on imports.
To help domestic start-ups in becoming global companies.
To generate employment opportunities and increase economic & social growth of the region as well as the country.
To create trained manpower on Industry4.0
To stimulate the establishment & growth of technology-based innovators, researchers, entrepreneurs &start-ups in Industry 4.0 by providing necessary infrastructure, mentoring, marketing, funding and overall eco-system interconnecting all stakeholders.
Startups having innovative Idea/Product/Solution focused on Digital Transformation of Public Sector Undertakings (PSUs).
Digital Products/Solutions to enable & enhance technology adoption by Public Sector Undertakings (PSUs) beyond their constraints.
Digital Products/Solutions for unique local level problems in particular sectors/domains like PSUs for benefit of those sectors in the domain of Industry4.0.
Other assistive technology solution addressing a pressing need of PSUs on Industry4.0 not covered above.
The start-ups having any innovative idea/solutions related to PSUs in Industry4.0 domain are encouraged to apply for OCP. The Problem Statements of Rashtriya ISPAT Nigam Ltd – Visakhapatnam Steel Plant (RINL-VSP) are given here.
Note: Click here to download the details of the Problem Statements and videos (1-6)
For further queries on above Problem Statements, please contact:
Dr. P. Chandra Sekhar, General Manager (IT & ERP), RINL-VSP, Visakhapatnam
Email: cspulle@vizagsteel.com Mobile: +91 99494 46565
