Startup Incubation and Innovation Center, IIT Kanpur (SIIC) invited innovators and entrepreneurs to apply for receiving mentorship and business handholding in security. Out of 25 initial applicants, a total of 20 start-ups were selected in the C3i hub under the annual Entrepreneurship and Start up programs.
With a total funding corpus of Rs 6.6 crore, the C3i hub, the start-ups focused on various aspects of cyber physical security systems including drone technologies, application and network layers of security.
Prof Ashutosh Sharma, Secretary, Department of Science and Technology, GoI emphasized on the importance of the successful co-ordination between the different stakeholders including the government, academia, industry and the startups for the successful incubation if these companies in the cohort.
C3i hub is set up through a grant of Rs 170 crore from the Department of Science and Technology, GoI. The hub will be incubating 125 start-ups in the cybersecurity domain over the next 5 years and provide them with relevant mentorship and grants. For a startup, applications for the next batch will be sought within one month and the next program on similar security domain is expected to start in the next 3 months, informed Dr Nikhil Agarwal, CEO, C3i Hub.