5 reasons why you should apply for the IBM Smartcamp for Deeptech

By Team YS|25th Nov 2016
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This announcement is brought to you by IBM. 

[If you are a startup who has an innovative technology which transforms or disrupts the Deeptech space, apply for the IBM Smartcamp for Deeptech now.]

The IBM Global Entrepreneur initiative has had a successful run this year, catapulting startups across the Fintech, Healthetch, and Smart City sectors to unprecedented entrepreneurial highs. Its final industry-focussed startup challenge for 2016 is the IBM Smartcamp for Deeptech, which will be held in Bengaluru at the end of the year. And your startup can also be a part of this one-of-a-kind opportunity, and you can write your own success story.

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If you’re a startup that has been operational for five years or less, and are working on innovations in the areas of IoT, Big Data & Analytics, Security, Storage, Mobile, Cognitive, Machine Learning, Blockchain, Social or Cloud Infrastructure, this is the ideal platform for you. And if you are wondering what’s in store, we give you 5 reasons why you must apply for the IBM Smartcamp for Deeptech.

  1. The top 10 will have a chance to present to industry leaders

The top 10 innovative companies will have the opportunity to present to a panel consisting of eminent VCs, IBM executives, and industry leaders and get feedback on their solutions from people who have an inside track to the industry.

Last year, startups had the opportunity to present to a panel of over 50 VCs, angel investors, and top IBM executives. More than 60 CIOs participated in the panel. The finalists were able to leverage this opportunity to get customer leads and secure funding for their ventures. The winners of Smartcamp 2015 edition, Sirionlabs, raised funding of $12 million a few months ago. The winner of this year’s IBM Smartcamp for Fintech, Fisdom, recently raised funding of $1.1 million.

  1. Media spotlight and social media coverage

The finalists and winners will be featured across media channels, including extensive coverage on YourStory, Inc42, iamwire, and Business Disrupt. The SmartCamp for DeepTech 2016 will also be exclusively covered by CNBC TV-18 as a standalone episode. Finalists and participants will also be featured across social media including Twitter, Facebook, LinkedIn, thereby getting unprecedented attention and eyeballs on their solutions.

  1. Presentation to CIOs and a larger audience

This is an unparalleled opportunity for the finalists to showcase their products to a panel consisting of 15+ Enterprise CIOs. These companies will also be presenting to an audience of over 200 people.

  1. The IBM advantage

IBM Global Entrepreneur is IBM’s startup initiative. Mentors and experts from IBM engage with startups and provide them with cloud credits worth $24,000 / year on IBM Bluemix (which represents IBM Softlayer as well). They will also provide technical mentoring. Select startups will also get assistance with their go-to-market phase. IBM Global Entrepreneur also engages with large enterprises and helps startups find their next set of innovations. IBM has also offered valuable technical and business mentoring to the startups, many of whom have attracted the attention of IBM’s enterprise clients in their go-to-market journeys.

The success of those who participated in previous Smartcamps this year

In 2016, IBM conducted Smartcamps across Fintech, Healthtech, and Smart City sectors. The first in the series of Smartcamps was in the Fintech space, organised in association with Edelweiss. Participating startups benefited through customer leads, exposure in the media as well investment opportunities. This was followed by a Smartcamp for Healthtech, which was conducted in association with Manipal Hospital and THub. Once again, the program highlighted some of India’s best innovations in the Healthtech space. The penultimate in the IBM Startup Challenge series was the IBM Smartcamp for Smart City, the grand finale for which was held in New Delhi on November 18. Startups across Energy and Utility, Transportation, Agriculture, Safety and Surveillance and Citizen Engagement, working on some of the best innovations in the Smart City space, got to showcase their solutions.

So, if you are an emerging Deeptech startup that is five-years-old or less, and believe that your idea can contribute significantly in bringing positive experiences, apply for the IBM Smartcamp for Deeptech today.

The last date to apply is December 3rd.