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The XR Startup Program includes an Accelerator and a Grand Challenge, aimed towards boosting the emerging tech ecosystem in the country, was kicked-off close on the heels of the recent National Startup Day.
/PRNewswire/ -- MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics & Information Technology, GoI, and Meta, on 14 Sept 2022, announced the...
The accelerator programme will grant funding totalling Rs 20 lakh to 40 early-stage XR technology companies.
The program by MeitY-Meta will support 40 early-stage start-ups working in XR technologies with a grant of Rs 20 lakhs each. Further, the Grand Challenge will encourage early-stage innovators in sectors like education, learning and skills, healthcare, gaming and entertainment, agri-tech and climate action, and tourism and sustainability.
MeitY Startup Hub and Meta's effort, called XR Startup Program, will work with 40 early-stage startups and help them in research and development and developing workable products.