UC Berkeley, Quantela join hands, set-up smart city accelerator centers

8/2/2018

New Delhi, To address challenges faced by corporates, governments and startups on Smart Cities, the Innovation Acceleration Group, University of California, Berkeley (UC Berkeley) and Quantela on Thursday announced a partnership to establish a Smart City Accelerator and Innovation Centers in India. The partnership was announced at an event here in the presence of Invest India Managing Director & CEO Deepak Bagla, UC Berkeley Innovation Acceleration Group Managing Director Mark Searle, Quantela Founder and CEO Sridhar Gadhi, and Department of Defence Production Joint Secretary Sanjay Jaju. Berkeley - Quantela Accelerator is an opportunity for startups to build and grow in the field of Smart cities. It is a platform that provides the required mentorship and guidance to succeed on a comprehensive scale. Under the agreement, Quantela, a leading technology company that offers an AI based smart city platform, will provide access to the world leading IoT platform to students, startups, entrepreneurs, and corporates to join and innovate on this platform. It would also involve in training on urban services for ITI students and provide mentorship, internship, support and go to market strategy. UC Berkeley will design the innovation accelerations programs, teaching, delivery and curriculum. It will also focus on coaching of Lean Startup methods and customer development process for selected startups and assisting and supervising innovation projects from the ideation to validated business models. Invest India, being a partner is helping the Indian startups to get access to this unique opportunity accelerator program through Startup India hub, which is a one-stop platform for all stakeholders in the Startup ecosystem to interact amongst each other, exchange knowledge and form successful partnerships in a highly dynamic environment. The Accelerator will teach selected startups intensive immersion in innovation developments designed to identify business opportunities (real problems that require real solutions), validate product ideas through Investment Readiness Levels, engage with potential customers, build scalable business models, and manage team dynamics. The innovation center will help build an ecosystem of smart city partners integrated on one single platform. The ecosystem will help the cities to expedite the execution of their projects and drive the immediate outcomes in form of smart solutions. The innovation center will host a quarterly smart city innovation forum where the policy makers and administrators across India can visit the center with their smart city problems. Corporations and startups will work on these and provide solutions.

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