XR Startup
Program
A program to discover, nurture, and accelerate
XR technology startups across India.
A program to discover, nurture, and accelerate
XR technology startups across India.
The Accelerator will nurture and foster 10 early stage startups working with XR technologies through a well-designed 6-month program. It is a part of the XR Startup Program, a collaboration between Meta and MeitY Startup Hub, and will be run and managed by the Foundation for Innovation and Technology Transfer (FITT, IIT Delhi).
Application end date:
October 23, 2022, 11:59 PM (IST)
Grant of ₹ 20,00,000 during the course of 6-month program
Mentorship by industry experts and researchers
Access to a network of potential strategic partners and investors
Opportunities to participate and present at industry events
Access to technology and infrastructure support
Application end date:
October 23, 2022, 11:59 PM (IST)
Eligible startups can click here to submit the application form and provide the required information such as startup details, a pitch deck (link to an indicative format can be found here funds raised etc. Reference copy of the application form can be downloaded from here .
Startups working on Extended Reality (XR) technologies that fulfill the eligibility criteria mentioned above and detailed in the terms and conditions, available here can apply.
T&Cs of the Accelerator can be found here.
FITT will establish a 3-member panel to evaluate and select the applications. Applications will then be discussed with the steering committee established by Meta in collaboration with MSH. Selected startups will be informed by FITT. For detailed information, refer to T&Cs.
Applications will be evaluated based on the below criteria:
In the event of a tie between two applicants for one spot, capital raised from external sources will be considered. For more details, refer to T&Cs.
10 startups will be supported and provided with the program benefits. In order to avail them, the selected startups must attend, participate, and complete the 6-month accelerator program.
For any further information, drop an email to tidefitt@gmail.com
Yes, pitch days will be organized as part of the 6-month accelerator program to provide access to potential strategic partners and investors to all the startups.
No, you can apply to only 1 implementation partner under the XR Startup Program. For further details, refer to T&Cs.
All the program benefits mentioned on this page above shall be made available to the selected startups by FITT. For further details, refer to T&Cs.
Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi has been the vanguard of knowledge transfer activities from academia since its inception in 1992. This techno-commercial organization from academia is counted amongst the successful such organizations. FITT provides superior program management services and is steadily increasing its operational landscape. The varied roles of FITT can be seen in enabling innovations and technopreneurship, business partnerships, technology development, consultancy, collaborative R&D, technology commercialization, development programs, and corporate memberships among others. These roles are necessitated by the key agenda of the foundation to showcase the institute’s “intellectual ware” to the industry, thereby unlocking its knowledge base and inculcating industrial relevance in teaching and research at IIT Delhi.
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