Samsung R&D India launches a 6-month global startup incubation program- Samsung Mobile Advance 2023
On Monday, Samsung R&D India announced the launch of the Startup Incubation Program inviting technology startups to collaborate with Samsung to bring innovative ideas to market.
Samsung R&D India invites applications for Samsung Mobile Advance, a 6-month global startup incubation program. Designed for tech startups to collaborate with Samsung to bring innovative ideas to market.
Last date is 31st March, 2023.https://t.co/LhtFf0BqIA #Samsung— SamsungNewsroomIN (@SamsungNewsIN) February 6, 2023
Samsung Mobile Advance 2023 is a 6-month global startup incubation program that is specifically designed for technology startups to collaborate with Samsung to develop their innovative ideas. The winners of this program will get an opportunity to gain Samsung’s financial, technical, and project support to develop their ideas into reality. This is a grant funding program that is specifically tailored to Samsung Mobile technology. The areas of interest include below items but are not limited to :
- Camera
- Power
- Audio
- Health
- On-device AI
- Metaverse / AR
- ESG
- Foldable
- Wearable
- Sensors
- Advanced Materials
- Connectivity
According to Samsung’s statement, “Samsung Mobile Advance 2023 is an open call for project proposals from Indian companies and organizations, with three rounds of judging, including a Pitch Day Event. The winning ideas will receive up to $50K in grant funding from Samsung, along with limited technical and project support and loan devices for a period of six months to enable the winning project ideas to be developed.
The application process has already begun and the last date to apply is 31 March 2023. The pitch day event is scheduled for May, followed by the announcement of selected companies in June and the commencement of the program in July. The selected companies will be presenting their demos in February 2024.
This program indeed is a great opportunity for Indian technology startups to give exposure to their ideas and collaborate with Samsung to develop their ideas.