IIT Kanpur, in collaboration with the Centre of Excellence for UAVs and DFI, has unveiled UDAAN, a pioneering drone startup acceleration initiative. UDAAN aims 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.
About UDAAN Program
- The UDAAN program will select 20 startups annually, divided into two cohorts, for an intensive acceleration journey. 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.
- This startups will 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 benefit from 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 Rs 3 lah per annum, providing crucial financial backing for their continued innovation and growth.
Significance of UDAAN Programme
IIT Kanpur, emphasised the programme’s significance.
- “The UAV/UAS Acceleration Program 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,
- Aim to accelerate the growth of the UAV industry in India and contribute to technological advancements that have the potential to revolutionise various sectors.”
- To fostering innovation and supporting the next generation of UAV pioneers. By providing mentorship, state-of-the-art facilities, and customised support.
- Goal is to help startups succeed and drive significant advancements in unmanned aerial vehicles.
Who can participate in this program
Startups interested in participating in the UDAAN program :
- Must be registered as private Limited companies with DPIIT, operate within the UAV/Drone sector
- focus on product development, testing, design verification, or technical consultancy.
- Their annual turnover should not exceed Rs 3 crore.