MOTION Open Challenge Program (OCP) 4.0

MOTION Open Challenge Program (OCP) 4.0

About MOTION Open Challenge Program (OCP) 4.0

Creation of a holistic eco-system for encouraging R&D, innovation, Entrepreneurship in the Automotive:ACES sector in India by providing physical infrastructure and support services for prototyping, developing, testing & marketing; to incubate start-up units to create innovative solutions to meet the existing and emerging needs of automotive sector; to provide business and technological mentorship & guidance in the domain; to provide networking services linking up with funding sources and other stakeholders (alumni, academic institutions, other incubators, etc.); to enable creation of IPs domestically;

WHO CAN APPLY

STPI MOTION is inviting applications from the Startups working in ACES domain.

Company Type

1. The start-up should be incorporated as a-
A. Private Limited Company (as defined in the Companies Act, 2013) or
B. Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
C. Limited Liability Partnership (under the Liability Partnership Act 2008)
The date of registration/incorporation should not be beyond 10 years.

If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

DURATION

1. Application submission– Start Date:23rdJune, 2023
2. Application submission– End Date: 22nd July, 2023

For more details please refer the Official Publihser

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