Qualcomm India Private Limited, a subsidiary of Qualcomm Inc., proposes to launch and run the Qualcomm Semiconductor Mentorship Program 2022 for selected semiconductor startups in India, with the goal of providing mentorship, technical training, and industry outreach. Qualcomm India has established a partnership with the C-DAC, an autonomous scientific society within the Ministry of Electronics and Information Technology of the Government of India, which will serve as an outreach partner for the programme and help participating entrepreneurs gain exposure.
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KEY POINTS:
- Qualcomm India would support technological breakthroughs as well as intellectual-property-driven innovation and product development in the Indian ecosystem.
- It will aid in the reduction of innovation risks, the acceleration of company development, and the development of soft skills and knowledge bases among Indian semiconductor design companies.
- It will provide chosen startups with access to domain experts, venture capitalists, accelerators, incubators, industry groups, and significant corporations that can assist them in scaling up their businesses.
- Qualcomm India will provide platforms and forums to allow high-growth-potential small businesses and startups to collaborate on potentially disruptive technologies that could shape or develop semiconductor supply chains in the future.
STARTEGY:
- For QSMP 2022, Qualcomm India will nominate up to ten Indian semiconductor firms. Each nominated firm will be connected with a Qualcomm India executive for product development and planning mentoring.
- The mentor and the startup will meet on a regular basis, either in person or by video conferencing.
- Qualcomm India will also host Master class seminars for the shortlisted businesses on topics like semiconductor design, testing, and verification packaging, as well as non-technical issues like pitching, IPR, marketing, government incentives/opportunities, and scaling up teams.
- Through meetings, webinars, seminars, and tradeshows, C-DAC and Qualcomm India will help these entrepreneurs gain exposure to government stakeholders.
BACKGROUND:
Since 2016, Qualcomm India has started interacting with India’s startup ecosystem. Qualcomm’s flagship incubation programme for IoT and hardware businesses developing products and solutions is called the Design in India Challenge. To support the startups, the programme has specialised engineering professionals, a laboratory with cutting-edge equipment, and prototype platforms in Bengaluru. Qualcomm India had previously announced the Qualcomm Women Entrepreneur India Network, a mentorship programme for women-founded businesses, in 2020.