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Content Curator | Updated On - Jun 10, 2024
The UDAAN program offers a comprehensive support system designed to equip startups with the tools they need to thrive in the competitive drone landscape.
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New Delhi: The Startup Incubation and Innovation Centre (SIIC) at IIT Kanpur has collaborated with the Centre of Excellence for Capacity Building, Training, and Design of Unmanned Aerial Vehicles at IIT Kanpur (Drone CoE Kanpur) and the Drone Federation of India (DFI) to launch the UAV/UAS/Drone Acceleration and Networking (UDAAN) Program.
The aim of setting up UDAAN is to empower emerging drone ventures by offering them access to state-of-the-art facilities, expert mentorship, financial support, and tailored business development guidance, fostering rapid business growth.
What is IIT Kanpur UDAAN Program?
The UDAAN programme will select 20 startups annually, divided into two cohorts. These startups will be incubated at SIIC, IIT Kanpur, gaining access to cutting-edge R&D facilities, technical mentorship, financing opportunities, and invaluable industry relationships.
The program offers a comprehensive support system designed to equip startups with the tools they need to thrive in the competitive drone landscape. This includes strategic product and business development assistance, market analysis, customer targeting, alliance building, and growth plan development.
The selected startups will also have access to state-of-the-art testing facilities at the Drone CoE, including the Helicopter and VTOL Laboratory, Flight Laboratory, and the National Wind Tunnel Facility. They will also be exposed to workshops, short courses, and mentorship from leading UAV experts and esteemed IIT Kanpur faculty.
The program will organise investor-connect activities such as pitch sessions, demo days, and networking opportunities with angel investors, venture capitalists, and industry leaders.
Additionally, the top six startups in each cohort will receive fellowship support of INR 3 lakh per annum, providing crucial financial backing for their continued innovation and growth.
Who can Participate in the UDAAN Program?
Startups interested in participating in the UDAAN program must be registered as private Limited companies with DPIIT, operate within the UAV/Drone sector and focus on product development, testing, design verification, or technical consultancy. Their annual turnover should not exceed INR 3 crore.
Professor Ankush Sharma, Professor in Charge at SIIC, IIT Kanpur, emphasised the programme's significance. "The UAV/UAS Acceleration Programme is a testament to our commitment to nurturing innovation and entrepreneurship in the drone sector. By providing startups with access to world-class resources and mentorship, we aim to accelerate the growth of the UAV industry in India and contribute to technological advancements that have the potential to revolutionise various sectors."
Professor Abhishek, Professor In Charge of Drone CoE, at IIT Kanpur added, "We are dedicated to fostering innovation and supporting the next generation of UAV pioneers. By providing mentorship, state-of-the-art facilities, and customised support, our goal is to help startups succeed and drive significant advancements in unmanned aerial vehicles. Let's embark together on a journey of exploration, innovation, and endless possibilities."
Latest Updates on IIT Kanpur:
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