After the success of AatmaNirbhar app challenge, the government on Tuesday launched “Swadeshi Microprocessor Challenge” as an effort to introduce the AatmaNirbhar Bharat (self-reliant India) vision in the hardware domain. The Challenge aims to promote a culture of entrepreneurship by taking up complex designs in the country and innovating easy solutions around home-grown processor ecosystem, catering to both global and domestic requirements.
Apart from cost, factors like dependence on external vendors, long term sustenance, quick enhancements to suit the ever-growing requirements, and most-importantly Security have generated the need for the Swadeshi Computer Hardware.
The government will offer a financial support of 4.30 crore at various stages of the challenge for developing the prototype. Also, incubating a startup will be offered. The challenge would provide an opportunity to participants to develop products using IIT Madras and CDAC microprocessors.
With the registration process started on 18th august, the challenge will stretch to the timeline of 10 months. The challenge is divided into 5 stages and over a 100 startups would be selected for semi-finals. The top 10 teams will get a grant of 2.3 crore of seed fund for incubating the start-up. The incubation support to the winning teams will be provided by an Incubator located at their geographical proximity coordinated by Maker Village.