Submit Applications for OctaNE Open Challenge Program – Animation (India)

Aims

• The initiative aims to recognize, support, and accelerate early-stage tech entrepreneurs by providing strategic networking, seed funding, mentorship, training, marketing assistance, patent facilitation, and access to state-of-the-art incubation facilities and tools.

Objectives

• The primary objectives of the OctaNE  CoE on Animation are:
  • To incubate start-ups working in the domain of Animation.
  • To create a conducive ecosystem that supports Animation startups with mentorship, funding and technical support.
  • To develop innovative solutions that address core challenges in the region.
  • To foster a culture of innovation and technology adoption among students and professionals in the Animation domain.

Focus Domain

• Animation
  • The program specifically targets Animation-driven solutions, including but not limited to:
    • Healthcare, Medical visualization & Patient education.
    • Visualizing processes for research and education.
    • Animated simulations for job training.
    • Interactive Storytelling
    • Design & Prototyping
    • Animation for Architecture & Real Estate
    • Virtual Labs: Simulated science experiments.
    • Legal & Forensic Animation
    • Marketing & Brand Experience

Benefits

• Benefits to selected startups:
  • Incubation Space: 24 X 7 operational work space with industry standard infrastructure.
  • Technical & Financial Support: Access to Animation lab and Financial assistance.
  • Mentoring & Training: Guidance from industry experts and domain-specific training programs.
  • Market & Business Support: Assistance in marketing, networking, and business development.
  • IPR & Legal Assistance: Support in patenting, intellectual property rights, and legal matters.

Location

• The Animation CoE is based in Shillong, Meghalaya, and is dedicated to fostering technological advancements in the Animation sector.

Eligibility Criteria

• Eligible applicants must meet the following criteria:
  • Be incorporated as a Private Limited Company (as per the Companies Act, 2013), a Registered Partnership Firm (under the Partnership Act, 1932), or a Limited Liability Partnership (under the LLP Act, 2008).
  • Have been registered/incorporated within the last 10 years.
  • If not yet registered, applicants must ensure company registration within three months of selection.
  • Have an annual turnover not exceeding Rs. 100 crore in any financial year since incorporation.
  • Should not have been formed by splitting or restructuring an existing business.
  • Must be working towards innovation, development, or improvement of Animation products, services or processes with the potential to create employment and generate wealth.

For more information, visit STPI.