Home >> Digital >> Article Presented By, IDMA - Mathrubhumi.com presents e4m's IDMA 2018, gold partner - Republic TV           Techमंच - exchange4media presents Techमंच - Digital Conference 2018, gold partner - Mathrubhumi.com

Facebook announces accelerator programs to boost tech innovation in India

28-November-2017
Font Size   16
Facebook announces accelerator programs to boost tech innovation in India

Facebook, on Monday, announced new investments in India’s digital economy with the introduction of accelerator programs that will help tech startups, developers and students in India build products using emerging technologies. Helping existing startups and inspiring the next generation of startups, these programs are designed to help unlock the potential of advanced technologies, including VR, in India.

In partnership with T-Hub, the India Innovation Hub will work with 10 VR focused startups to accelerate their businesses in new and innovative ways. Each startup will get access to training, mentors, workshops, research and Facebook’s VR Innovation lab as part of the six-month accelerator program. Applications for the Innovation Hub program will be open from January 2018, and the first accelerator program will begin in early 2018.

To help foster future talent in emerging technologies, Facebook is also introducing the School of Innovation program in partnership with Startup Village Collective. 10 student teams will be selected from millions of engineering students across the country to build a next generation product idea they have using VR. The teams will participate in a 20-week program that includes online and in-person learning to progress their idea, build a low and high-fidelity prototype and finally launch to customers.

These announcements demonstrate Facebook's commitment to working with developers and partners across the industry to help India's innovation ecosystem grow and make emerging technologies such as VR, a part of daily life for billions of people. Satyajeet Singh, Head of Platform Partnerships, Facebook India and South Asia said, “At Facebook, we are committed to investing in the future of the India’s digital economy. We know from experience how fast great ideas can thrive when startups are given the opportunity to grow and learn from each other. That’s why supporting startups, developers and students is a core part of our mission at Facebook. With these programs we are committed to paving the way for the next generation of startup success in India.”

Jay Krishnan, Chief Executive Officer T-hub commented, “As India enters a new phase of embracing startups and future technologies, we at T- Hub are excited to partner with a true change maker- Facebook. The partnership will drive radical change in the startup ecosystem. We encourage Facebook's efforts to support and mentor start-ups to explore the possibilities of future technologies such as VR. As the VR ecosystem in India takes shape, we are committed to working towards accelerating its success and help startups in this space solve India’s challenges.”

“For India to be a technology powerhouse, our engineering talent needs a transformational change from theoretical classroom projects to building practical industry products. Through our partnership with Facebook for the School of Innovation programme, we will enable this transformation for our universities, faculty and students to learn how to build real products and create a positive change in the world around us” added, Sanjay Vijayakumar, Chairman of Startup Village Collective (SV.CO).

These programs will support a new generation of Indian startups who with access to support, training and mentorship will make a significant impact at home and on the world.

Tags Facebook India

Varun Raina, Marketing Manager, Airbnb India speaks to exchange4media about the successful #LiveThere campaign and how Bollywood helps them connect with its young consumer

Tim Castree is all praises for his team in India and trusts it to be a result of “an excellent execution of agency’s global strategy” headed by Kartik Sharma

Siddharth Dabhade says Criteo’s technology allows brands to engage with shoppers, create relevant experience on retail apps, thereby driving sales and profits

Shantanu Gangane says OTT platform Viu plans around 20+ originals and is all set to enter the Tamil market with a mix of syndicated and original content

right
left
OFF THE CUFF HAS JOURNALIST ARUN SHOURIE IN CONVERSATION WITH SHEKHAR GUPTA IN MUMBAI IAA HOSTS FIRST INDIAA REGIONAL AWARDS (TELUGU) IN HYDERABAD BREAK THE CEILING TOUCH THE SKY 2018 SEES OVERWHELMING INDUSTRY PARTICIPATION 10TH EDITION OF ABC EUREKA AWARDS IN MUMBAI CELEBRATES WORK OF PARTNER AGENCIES EMINENT JURY PICKS LOUDEST’S 100 MOST POWERFUL INDIAN MUSIC BUSINESS LEADERS MODE LOFT BY SABGROUP LAUNCHES SIGNATURE MENSWEAR POWER DRESSING CLOTHING LINE TOP MARKETERS DISCUSS ART AND SCIENCE OF EFFECTIVE LISTENING @PITCH CMO SUMMIT 2018, DELHI THIRD SEASON OF ‘INDIA’S TOP DIGITAL PLANNERS’ RECOGNIZES EXCELLENCE IN THE DIGITAL INDUSTRY WOMEN ECONOMIC FORUM 2018 SEES DISTINGUISHED GLOBAL PERSONALITIES IN ATTENDANCE PEPPER CREATIVE AWARDS 2018 RECOGNIZE THE BEST IN ADVERTISING IN SOUTH INDIA RADIO CITY’S POWER OF RADIO MEET HOSTS TOP ADVERTISING INDUSTRY LEADERS TOP INDUSTRY PERSONALITIES ATTEND ZOOM-MYNTRA EVENING TO CELEBRATE THEIR PARTNERSHIP LEADING MARKETERS, EXPERTS SHARE INSIGHTS ON DIGITAL TRANSFORMATION @ADOBE SYMPOSIUM IN MUMBAI NICKELODEON TRADE PARTY SEES MARKETING INDUSTRY LEADERS AND THEIR FAMILIES IN ATTENDANCE GOLDEN MIKES RADIO ADVERTISING AWARDS 2018 RECOGNIZE INDUSTRY’S MOST DESERVING ACHIEVERS AIMA MANAGING INDIA AWARDS HONOUR THE BEST IN THE INDUSTRY BW BUSINESSWORLD’S GREAT INDIA DEBATE BRINGS TOGETHER INTELLECTUALS ACROSS INDUSTRY SECTORS BW BUSINESSWORLD SMART CITIES CONCLAVE PATNA 2018 SEES EMINENT INDUSTRY LEADERS IN ATTENDANCE EMINENT JURY PICKS WINNERS OF GOLDEN MIKES RADIO ADVERTISING AWARDS MADDYS 2018 SEE TOP ADVERTISING AND MARKETING INDUSTRY LEADERS IN ATTENDANCE

Radio Mirchi maintained its top spot while Fever FM replaced Big FM at the second spot in Kolkata

Singh explains why marketers should focus more on maintaining the core essence of a brand and not just innovations

Venkat brings with him over 20 years of extensive experience of working in media, creative, cultural and knowledge industries on several international projects in over 30 countries.