The QSMP 2022 aims to provide and facilitate mentorship, technical training, and industry outreach to select startups in India's semiconductor sector.
Qualcomm India Private Ltd, part of the Qualcomm group of companies, plans to initiate and conduct the Qualcomm Semiconductor Mentorship Program (QSMP) 2022 for select startups from the semiconductor space in India, with an intent to provide and facilitate mentorship, technical training, and industry outreach.
For 2022, Qualcomm India has announced a collaboration with the C-DAC, an autonomous scientific society of the Ministry of Electronics and Information Technology (MeitY), which will be an outreach partner for the program and facilitate exposure for the participating startups. Under this collaboration, C-DAC and Qualcomm India intend to work towards the following broad objectives:
Qualcomm India will shortlist up to 10 Indian semiconductor startups for QSMP 2022. Each shortlisted startup will be paired with a Qualcomm India leader for mentorship on product planning and development. The startup and the mentor will meet on a periodic basis either in person or through online meetings. Qualcomm India will also facilitate “Masterclass” workshops for the shortlisted startups on semiconductor design aspects such as design, testing, and verification packaging, as well as on non-technical topics such as pitches, IPR, marketing, government incentives/opportunities, and scaling up teams. C-DAC and Qualcomm India will facilitate exposure for these startups to government stakeholders through meetings, webinars, seminars, or tradeshows.
“The semiconductor supply chain has underlined the demand to find domestic solutions for the needs across industries. Semiconductors are an essential building block for most technology platforms and connected devices There is a huge opportunity for Indian semiconductor startups due to the incentives provided by the Government. Qualcomm India is committed to help semiconductor design startups capitalize on India’s design and engineering talent to drive innovations that will power the intelligent, connected future we foresee, not only for India but the world,” said Rajen Vagadia, VP and President of Qualcomm India & SAARC.
“The semiconductor industry is crucial for the growth of many other industries. We encourage Indian startups to come forward and meet the current and projected domestic demand for semiconductors with the support of Government-led programs such as “Make in India” and the Design Linked Incentive (DLI) scheme. The prevailing global and domestic environments present opportunities for both established companies and startups. The joint initiative with Qualcomm India will enable us to identify, interact with, and support the scale-up of the most promising Indian semiconductor startups,” said E. Magesh, Director General C-DAC.
Qualcomm India has been engaging with the startup ecosystem in India since 2016. Qualcomm Design in India Challenge is the company’s flagship incubation program for IoT and hardware startups designing products and solutions. The program has dedicated engineering personnel, a laboratory with state-of-the-art equipment and prototype platforms. in Bengaluru to support the startups. Earlier, in 2020, Qualcomm India had launched yet another startup initiative – Qualcomm Women Entrepreneur India Network, a mentorship program for women-founded startups.