Dispatching 12 Centres of Excellence: STPI’s Initiative to Boost Start-Ups

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The leaders have felt the essence of having start-ups around the country. The Government of India has always emphasised the need of having start-ups and encouraging young entrepreneurs. On the 15th of August, 2015, the Honourable Prime Minister of India announced a stpi Initiative to promote the culture. The Software Technology Parks of India (STPI) has taken up the responsibility of setting Centres of Excellence (CoEs) in line with the announcement made by the Honourable Prime Minister. Before we move on to the existing CoEs, let’s understand what are they and why they are essential.

What are Centres of Excellence?

The announcement of building an eco-system to help the start-ups and the entrepreneurs have been accepted by all. The initiative needs to be built on the following three pillars:

  1. Simplification and handholding
  2. Funding support and incentives
  3. Industry-academia partnership and incubation centres

The CoEs are domain-specific specialised incubation facilities that will help the start-ups learn the different elements of a business. STPI initiative to help build an eco-system and help the tech-driven start-ups to work effectively.

Presently, technology has taken over almost all aspects of a business. You will be unable to start your business if you are not updated with the different technological interventions. The CoEs will work to help budding entrepreneurs learn the Internet of Things (IoT), Blockchain, FinTech, Artificial Intelligence (AI), and such latest technologies.

Now that you understand CoEs let’s learn more about STPI, their progress so far, and their plans.

STPI’s Progress so far and Plans of Dispatching 12 new CoEs in India

Software Technology Parks of India is present from the year 1991. They are an elite software and technology organisation function under the Ministry of Electronics and Information Technology (MeitY) economics homework answers. The organisation has expanded its operations across the country and has 60 centres presently, of which 52 are in Tier I/II cities.

The organisation is helping the government boost the start-up culture plagiarism checker in India. They have set up a lot of CoEs already, which are working to educate people for tech-driven start-ups. Presently, the STPI has 13 CoEs in India, namely:

  1. Electropreneur Park at New Delhi
  2. Internet of Things (IoT) OpenLab at Bengaluru
  3. Electropreneur Park at Bhubaneswar
  4. VARCoE at Bhubaneswar
  5. FinBlue at Chennai
  6. NEURON at Mohali
  7. MOTION at Pune
  8. IMAGE at Hyderabad
  9. Apiary at Gurugram
  10. MedTech CoE at Lucknow
  11. Internet of Things (IoT) in Agriculture CoE at Guwahati
  12. Animation CoE at Shillong
  13. Emerging Technologies – AR/VR CoE at Imphal

On the 30th foundation day, the STPI Director General Omkar Rai has said that the STPI is planning to dispatch 12 more CoEs across the country very soon. These are the ones they are planning to open in India:

  • AIC STPINEXT in Bengaluru
  • CoE in Agriculture in Akola
  • CoE in Efficiency Augmentation in Bengaluru
  • FinTech CoE in Gandhinagar
  • SmartAgri IoT CoE in Patna
  • CoE in Emerging Tech in Bhubaneswar
  • CoE in Industry 4.0 Technology in Visakapatnam
  • IT applications in Healthcare and Agritech in Gangtok
  • GIS Applications including Drone Tech in Itanagar
  • IT applications in Graphic Design in Kohima
  • Gaming in Aizawl
  • Data Analytics in Agartala

It is essential to understand the essence of these CoEs. The Government of India has taken a good stpi Initiative in helping the start-ups. However, you must know that without any knowledge or technical abilities, it is not entirely possible to do business presently. The STPI also helps young entrepreneurs build leadership skills and understand how to get the maximum funding for the business help me with my english homework.

Maintaining a business takes a lot of analysis, and you need to upgrade your skills every day. So the STPI has taken up the mantle to help the young people understand how technology drives present business organisations and also help them learn the basics of business paper help.

Author Bio: Clark Danvers is an expert associated with MyAssignmenthelp.com. Apart from helping students write their assignments law essay writing service, he takes a particular interest in knowing the different steps taken by the countries to boost start-up culture. 

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