STARTUP ENGAGEMENT PROGRAM OF COCHIN SHIPYARD LIMITED
KEY FOCUS AREA鈥橲
Smart technologies that automate Decarbonization of Maritime Industry
Artificial intelligence and machine learning to optimize processes
Improving efficiency in the maritime sector processes free from human error
Autonomous ships and ROVs
Simulation
Make life simpler and safer for users/stakeholders in the port and maritime sector
Improving the lives of coastal communities
Direct transferable product applications
Improving earnings from fishing
Enhance cargo and passenger movement by Internal Waterways & coastal shipping
Applications and innovations related to manufacturing processes like 3D printing
Innovations in the field of alternate/ advanced materials applicable in maritime sector etc.
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IMPLEMENTATION PARTNERS
FUNDING SCHEMES
Seed Fund Scheme
Upto Rs. 50 lakhs (Rupees Fifty Lakh) per start-up as grant
To create a minimum viable product/ services (MVP) based on innovative solutions/ processes / products/ services/ business models in shipping and maritime sector
Pilot Grant Scheme
Upto Rs. 100 lakhs (Rupees Hundred Lakh) per start-up as grant
For the commercialisation of proprietary technology
Includes Proof-of-Concept (POC) and Proof-of-Value (POV)
Equity Investment
Investing into the equity of the Start-up company and equity will be held in the name of CSL