The mission of MeitY is to promote e-Governance for empowering citizens, promoting the inclusive and sustainable growth of the Electronics, IT & ITeS industries, enhancing India’s role in Internet Governance, adopting a multipronged approach that includes development of human resources, promoting R&D and innovation, enhancing efficiency through digital services and ensuring a secure cyber space.
Ministry of Electronics and Information Technology (MeitY)
STPI
Software Technology Parks of India, is an Autonomous Society set up by the Ministry of Electronics and Information Technology (MeitY), Government of India in 1991, with the objective of encouraging, promoting and boosting the Software Exports from India. Software Technology Parks of India maintains internal engineering resources to provide consulting, training and implementation services. Services cover Network Design, System Integration, Installation, Operations and maintenance of application networks and facilities in varied areas. Process development is based on the Quality Management System. Software Technology Parks of India centre also adhere to ISO 9001 certification.
STPINEXT INITIATIVES
“AIC STPINEXT INITIATIVES” is a section 8 company incorporated by STPI to act as the nodal agency and common implementation vehicle for various startup and entrepreneurship activities at STPI.
Honorable Minister of Electronics & IT announced setting-up of domain centric “Centre of Entrepreneurship” (CoEs) by STPI in collaborative manner Across India to ensure India builds leadership in the emerging sectors of IOT, Blockchain, FinTech, Artificial Intelligence, Augmented & Virtual Reality, Medical Electronics, Health Informatics, Gaming & Animation, Machine Learning, Data Science & Analytics, Cyber Security, Chip Designing, ESDM etc. and to build next wave of budding entrepreneurs.
STPI Next also supporting AIC STPI Bengaluru and NGIS.
ELECTROPRENEUR PARK
Electropreneur Park (EP) was launched in August 2016 as an ESDM incubator and it has been actively supporting start-ups and budding entrepreneurs since inception. The focus of the incubation centre has always been in providing a launch pad for hardware-based start-ups which create products with Intellectual Property (IP) rights within the country, thus adding to the IP bank of India.
EP achieved its milestone of 5 years in August 2021, and it has been provided extension to continue operations till 31st March 2024 with a target to facilitate 58 start-ups. EP Delhi has facilitated 59 start-ups with a cumulative valuation of more than ₹ 640 Crore till 31st January 2024. Below is a snapshot of EP’s journey of more than half a decade.
The success of EP has paved the way for “EP 2.0”. The EP 2.0 is envisioned to be of relevance to every interested start-up at different levels of maturity to emerge as a strong product company in the ESDM domain. Keeping in consideration the different levels of requirements and support required by different groups of potential start-ups in the ESDM domain, the EP 2.0 proposes segmented initiatives to cater to these specific needs.
EP 2.0 is expanding its pre-incubation and incubation reach to a wider student base and MSMEs. It will also offer acceleration and industry collaboration programmes to start-ups ready for their next growth phase. During this growth-oriented phase, the focus will be on creating a range of commercially viable ESDM products and products derived from innovations in cognitive computing and social sensing.