About
"The iDEX initiative; a scheme by the honourable Ministry of Defence envisions self reliance for India in Defence Sector. It aims to create an ecosystem that fosters innovation and fosters technological development in the defense sector involving research and development institutes, universities, industrial companies, start-ups and even individual innovators. The scheme envisions self reliance for India in Defence Sector."
Spark Grant & Incubation Support
" The selected applications emerging as iDEX Winners, will be funded up to ₹1.5 Crores under Defence India Startup Challenge (DISC) and up to ₹10 Crores under IDEX Prime in the form of grant/equity/debt/other relevant structures. The funds will be disbursed in tranches based on the milestones decided by a high-powered selection committee. In addition to the funds, chosen candidates might be admitted to accelerator programs managed by iDEX partners, where they would receive mentorship from innovation and entrepreneurship specialists to assist them in developing their technologies and businesses. They might also receive assistance in the form of specialists and access to defense testing facilities for the development of their products and technologies. ."
FAQ's
Upcoming Events
● Knowledge Series -:
AIC-RNTU Foundation is coming up shortly with a knowledge series covering various topics for startups building solutions for Defence and Aerospace. The series would be covering topics like Defence Procurements, Cyber Security for Defence startups, Defence Startup Funding and more.
● Virtual Demo Day for Defence Startups -:
The Virtual Demo Day would provide the iDEX winners and other defence startups/innovators to showcase
their product to multiple investors. The interested investors would be connected on a one-to-one basis
for deep dive discussions.