Qualcomm India has selected the first batch of its Semiconductor Mentorship Programme (Qualcomm SMP) participants for 2022. The four shortlisted start-ups include FermionIC Design, Powency Circuit, Pantherun Technologies and Simyog Technology.
The tech major announced the mentorship program in April this year in collaboration with the Centre for Development of Advanced Computing (C-DAC) of the Ministry of Electronics and Information Technology (MeitY),
The start-ups under this programme will receive mentorship, technical training, and industry outreach support from Qualcomm Technologies, Inc.
The start-ups will be mentored by Qualcomm Technologies leaders on product planning and development.
The Qualcomm SMP will also facilitate masterclass workshops on technical aspects such as semiconductor design, testing, verification, and packaging, as well as non-technical aspects such as pitches, intellectual property rights, marketing, government incentives, opportunities, and scaling up teams.
Rajen Vagadia, vice president of Qualcomm India and President, Qualcomm India, said, “As the 5G ecosystem and use-cases for consumers and industries evolve, semiconductors remain crucial for ensuring sustained growth and innovation in the technology sector. There is immense opportunity within India’s vibrant startup ecosystem, backed by recent government policies and programs. The Qualcomm Semiconductor Mentorship Program is yet another step supporting India’s progression as a strong design start-ups hub. Each start-up selected for this program has the potential to bring about a large-scale positive change in semiconductor technology, and we are proud to help them along in their journey.”
E. Magesh, Director General of C-DAC, said, “Start-ups have helped in putting India at the very forefront of technology innovation for the world. The government, cognizant of their potential, is supporting their growth with well-directed policies and strategies and newfound focus on the semiconductor space. We look forward to working with Qualcomm to give semiconductor start-ups the kind of technical support, mentoring, and industry exposure they need.”