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Atal Incubation Center – Press Release

Mumbai & Bengaluru
Atal Incubation Center – Rambhau Mhalgi Prabhodini (AIC-RMP), a Business Incubator supported by AIMNITI Aayog successfully completed a 3-day virtual Biz-Tech Bootcamp for AI, ML startups on August 1st. Curated in collaboration with MathWorks, the U.S.-based developer of software for scientists and engineers, the boot camp was aimed at equipping young entrepreneurs with the fundamentals of business and technical tools to lead successful startups during challenging times.

‘It was great to collaborate with different stakeholders from the startup Eco-system including other esteemed Incubators, Accelerators. Really glad that this first season of virtual Biz-Tech Bootcamp was well received by the startup community & highly appreciated by all the participants, partners & resources. We could achieve the main objective of imparting technical as well as Business knowledge to the Founders & budding entrepreneurs through a rich pool of AIC-RMP & MathWorks experts, mentors & professionals as looking forward to the next season’ highlighted Uday Wankawala (CEO, AIC-RMP)

Biz-Tech Bootcamp conducted between 30 July-1 Aug 2020 saw over 25 registrations from 15 cities across 8 states. The boot camp had startups participating from varied industries like EdTech, Energy, Automotive, MedTech, Agritech, CleanTech, and SpaceTech. Participating startups were among the pilot, market revenue, concept, and go to market stages. The boot camp also provided an opportunity for all the participants to network with other entrepreneurs at a time that lacks physical events.

Over the course of 3 days, participants attended both business and technical sessions gaining insights into technologies to design, simulate, and build AI and ML-based solutions. Startups also went through hands-on sessions on customer discovery and business model Canvas by IIT-Madras faculty & seasoned entrepreneur resp. The event closed with a workshop on the art of storytelling to enable startups to pitch their technology solutions effectively.

“The ultimate goal of the boot camp, one shared by both AIC-RMP and MathWorks, is to help startups develop products and reach early-stage milestones faster,” said Sunil Motwani, country manager – sales & Page-1 Confidential service, MathWorks. “As startups help drive innovation and evolve industries, we’re excited to collaborate with them to explore how modeling and simulation can help them move faster from idea to working prototype.”

About AIC-RMP:
Atal Incubation Centre- Rambhau Mhalgi Prabodhini (AIC-RMP) Foundation has been set up in alignment with Atal Innovation Mission (AIM), NITI Aayog to nurture, handhold and support New Age Entrepreneurs for New Age India. The focus is on job creation through entrepreneurship in the domains of Agriculture and ICT- Education & Healthcare. It also aims to create & support sustainable business models at the grassroots level including social enterprises.

About MathWorks:
MathWorks is the leading developer of mathematical computing software. ‘MATLAB’, the language of engineers and scientists, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. ‘Simulink’ is a block diagram environment for simulation and model-based Design of multi-domain and embedded engineering systems. They can explore and implement designs without having to write C, C++, or HDL code. Engineers and scientists worldwide rely on these product families to accelerate the pace of discovery, innovation, and development in automotive, aerospace, electronics, renewable energy, financial services, biotech, and other industries. MathWorks supports over 3,000 startups and 245 Accelerators worldwide.

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