SBI Foundation, Social Alpha launch challenge for assistive tech start-ups
Each of top 4 to receive ₹15 lakh, incubation support for one year
KR Srivats

New Delhi, December 24 SBI Foundation, the CSR arm of State Bank of
India, and Social Alpha have jointly launched the challenge
‘Techtonic: Innovations in Assistive Technology’ for innovators and
entrepreneurs working on products and services that address the
difficulties faced by people with disabilities and enable them to lead
an empowered life. The programme will extend support to 10 start-ups
towards accelerating their lab-to-market journey. Of these, the top 4
will receive ₹15 lakh and incubation support for 1 year.

The challenge focuses on visual impairment, developmental disorders
and chronic neurological conditions, locomotor disabilities, and
speech and hearing disabilities.

Manjula Kalyansundaram, Managing Director & CEO, SBI Foundation, told
BusinessLine that the mission of the programme was to create an
inclusive environment for persons with disabilities. The initiative
will seek to ensure that assistive tech solutions are sustained and
scaled up across India.

The challenge is structured to support early-stage assistive
technology start-ups. They will be provided with ₹15 lakh for
ideating, prototyping and growth. They will also get access to R&D
labs for prototyping and infrastructure for scaled-up manufacturing;
access to mentors, incubation facilities, industry players and
end-users for product testing; and business model validation.

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