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Business EconomyPosted at: Dec 8 2022 6:53PM


AIC-IIITH on boards startups for EPAM Social Impact Innovation Program

Hyderabad, Dec 8 (UNI) : IIITH's social incubator, AIC-IIITH onboards startups for EPAM Social Impact Innovation Program.
AIC (Atal Incubation Center)--IIITH has selected 7 startups for the EPAM Social Impact Innovation Program from the cleantech, environment tech and waste management space who are using innovation and entrepreneurship to solve pressing social challenges in a sustainable manner, the Institute said in a release here on Thursday..
The key highlights of this year’s program include milestone-based grant support of up to INR 5 lakhs, incubation support, business coaching and access to IIIT-Hyderabad's technology expertise. Startups will also be able to leverage expertise and resources of Centre for Innovation and Entrepreneurship (CIE), IIITH’s Deep-tech incubator. CIE is one of the oldest TBI in the country and has supported over 200+ startups with incubation support and INR 6 plus crore of funding.
The startups were selected through a rigorous process ending in a pitching session in front of esteemed experts like Naresh Sutravey, Senior Business Analysis Manager and Pramila Kasirajan, Director of Project Management at EPAM India, Sanjay Jesrani CEO and Founder of GO North Ventures, Sreyashee Das, Incubation manager, AIC-Sangam Innovation Foundation, Rennis Joseph, CEO and Founder of Ignis Careers Pvt. Ltd. and Raj Janagam, CEO, AIC-IIITH.
Emphasizing the significance and timely nature of the program, Prof. Ramesh Loganathan, Director of AIC-IIITH said, ``we at AIC-IIITH are proud to be contributing to the same.” Till date AIC-IIITH has run 5 cohorts and supported 38 plus startups with incubation support and about INR 2 crore of funding. AIC-IIITH’s startups are solving pressing challenges in sectors like agriculture, education, accessibility, waste management and creating above 300 jobs.
“We are delighted to support this initiative again to help bring about positive social change and provide unique opportunities for start-up communities to contribute towards sustainability and drive climate action,” said Shamilka Samarasinha, Global Head of Corporate Social Responsibility at EPAM Systems, Inc.
The selected startups are working to help India combat various environmental challenges through tech innovations and entrepreneurial risk-taking.
These startups are: MedCuore Medical Solutions Pvt. Ltd ; Green Trek Research and Development Pvt. Ltd; Greenovate Solutions Pvt. Ltd; MuddleArt Pvt. Ltd; Zodhya Technologies Pvt. Ltd; Envoprotect LLP and Panjurli Labs Pvt. Ltd.
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