Face­book an­nounces new ini­tia­tives and ex­pands cur­rent pro­grams for star­tups in In­dia with the first ever In­dia Startup Day

Hindustan Times (Lucknow) - - Nation -

Face­book, on 09th Oc­to­ber, hosted the first ever edi­tion of its In­dia Startup Day in New Delhi. The ini­tia­tive sought to • bring forth in­spir­ing sto­ries from within In­dia’s dy­namic and vi­brant startup com­mu­nity. Through its flag­ship startup pro­grams: In­dia

In­no­va­tion Hub, SheLead­sTech and Code for the Next Bil­lion, Face­book has worked with over 200 star­tups through the course of the last one year and com­mit­ted to ex­pand its pro­grams to more cities and en­trepreneurs in the com­ing year.


• SheLead­sTech - Face­book’s lead­ing pro­gram that gives women-founded star­tups ac­cess to a year-long pro­gram that pro­vides tools, men­tor­ship and re­sources to help over­come some of the bar­ri­ers they face and build a suc­cess­ful busi­ness in tech­nol­ogy. Cur­rently, SheLead­sTech has over 170 mem­bers across 24 cities and 13 ver­ti­cals with 150 more women founded star­tups ex­pected to join the pro­gram by the end of 2018. WONK, founded by Vidhu Goyal, an ed-tech startup backed by this ini­tia­tive, is In­dia’s first tu­tor dis­cov­ery and tu­ition book­ing app.

• Code for Next Bil­lion - Launched in part­ner­ship with NASSCOM, the pro­gram fo­cuses on sup­port­ing star­tups that em­ploy tech to de­liver so­cial good. The 10 se­lected star­tups in the cur­rent co­hort re­ceived ac­cess to tech­ni­cal, fi­nan­cial and mar­ket­ing men­tor­ing to de­velop prod­ucts that have a pos­i­tive so­cial im­pact on our com­mu­ni­ties and trans­form the lives of In­di­ans in need. One of star­tups un­der this ini­tia­tive, Helper4U is a job por­tal for semi-skilled and un­skilled work­ers look­ing for jobs as house­maids, cooks, driv­ers, babysit­ters etc. The plat­form seeks to con­nect them di­rectly with em­ploy­ers, en­abling im­me­di­ate, cost-ef­fec­tive and di­rect hir­ing.

In­dia In­no­va­tion Hub Ac­cel­er­a­tor

Pro­gram - Launched in part­ner­ship with T-Hub, the six-month pro­gram pro­vides a se­ries of hands on work­shops, men­tor­ing ses­sions and prac­ti­cal tech­nol­ogy ses­sions to star­tups build­ing prod­ucts with emerg­ing tech­nolo­gies- AR, VR. It also saw Face­book set­ting up an In­no­va­tion Hub at the T-Hub fa­cil­ity in Hy­der­abad to foster and grow these star­tups. With the help of Face­book’s In­dia In­no­va­tion Hub, In­nov4sight is build­ing an in­te­grated health­care ecosys­tem us­ing a com­bi­na­tion of VR, an­a­lyt­ics, bioin­for­mat­ics, biomed­i­cal en­gi­neer­ing and ed­u­ca­tional tech­nol­ogy. It aims to im­pact clin­i­cal pro­ce­dures by re­duc­ing er­rors and avoid­ing sec­ond guesses, thus im­prov­ing fer­til­ity and can­cer care ef­fec­tive­ness.

School of In­no­va­tion - Face­book is also nur­tur­ing the en­tre­pre­neur­ial spirit of stu­dents and is en­cour­ag­ing them to think about deep tech and prod­uct in­no­va­tion. The first batch of School of In­no­va­tion pro­gram, of 10 stu­dent teams have built their VR ideas into work­ing prod­uct pro­to­types which will show­cased on a demo day, early next year. Be­sides these pro­grams, 21,000 peo­ple have also com­pleted self- train­ing mod­ules via Face­book’s Startup Train­ing Hub, which was launched last year.

Ankhi Das, Pub­lic Pol­icy Di­rec­tor, Face­book -In­dia, South and Cen­tral Asia and Shiv­nath Thukral, Pub­lic Pol­icy Di­rec­tor, In­dia and South Asia at Face­book un­veil­ing Lim­it­less, a cof­fee ta­ble book which is Face­book’s ode to its startup com­mu­nity with Amitabh Kant, CEO, NITI Aayog.

Satya­jeet Singh, Head of Plat­form Part­ner­ships, Face­book In­dia and South Asia and Srini­vas Kol­li­para Found­ing Ex­ec­u­tive & CEO at T-Hub, hand­ing over the award to one of the win­ners of the Face­book In­dia Startup Day Awards.

Face­book’s startup com­mu­nity pro­gram ex­pe­ri­ences on dis­play in the ex­hi­bi­tion area at In­dia Startup Day.

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