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Home » TexMin Grand Challenge for Indian Start-ups

TexMin Grand Challenge for Indian Start-ups

A unique opportunity for Mine-tech start-ups/innovators to develop innovative solution for underground/opencast coal mines. Technology Innovation in Exploration & Mining Foundation (TexMin) TBI is looking for new concepts & innovations for mining industry. The objective is to support the technology base by funding the best fundamental concepts while helping talented and creative innovations to pursue promising avenues at the frontier of the technology. It will provide start-ups with access to priority infrastructure and make mining an attractive sector for the country's best brains.

Sponsoring Agency: Technology Innovation in Exploration & Mining Foundation (TexMin)

Type of Fund: Challenges, Competitions or Prizes

Deadline Available: Available

Deadline Date (mm/dd/yyyy): 01/27/2022

Size of the Fund: Less than USD $50,000

A unique opportunity for Mine-tech start-ups/innovators to develop innovative solution for underground/opencast coal mines. Technology Innovation in Exploration & Mining Foundation (TexMin) TBI is looking for new concepts & innovations for mining industry. The objective is to support the technology base by funding the best fundamental concepts while helping talented and creative innovations to pursue promising avenues at the frontier of the technology. It will provide start-ups with access to priority infrastructure and make mining an attractive sector for the country's best brains.

Problem Statement
IoT Based Communication system for UG and opencast mining: Development of IoT based enhanced Communication Network for Opencast and Underground Coal Mines. Development of Portable IoT based Communication Systems for Miners in UG Coal Mines environment for surface and underground mines.
Note: Participants are requested to consider environmental conditions of coal mines particularly heating up of the coal seam caused by electromagnetic waves etc. Further, devices in UG coal mines must be “intrinsically safe” as per Directorate General of Mine Safety.

Themes for Challenges
Safe, Smart, and Sustainable (3S) Mining

Incentives
• Fiscal Incentives
o Cash Prizes
o For each problem area, a winner to be awarded with INR 3 lakhs and a runner-up with INR 2 lakhs as cash prizes.
• Non-Fiscal Incentives
o Co-working space
o Mentorship support
o Networking
o IPR support
o Access to Seed Funding support upto 1Crore
o Access to Design & Research Labs
o Other supports like legal, company formation

Eligibility Criteria
The challenge is open to startups as well as individual innovators.

Relevant Stakeholder
• Individual
• Ideation Stage Startup
• Validation Stage Startup
• Early Traction Startup
• Scaling Stage Startup

Relevant Industry
• AR VR (Augmented + Virtual Reality)
• Automotive
• Computer Vision
• Telecommunication & Networking
• AI
• Green Technology
• Renewable Energy
• Technology Hardware
• Internet Of Things
• Transportation & Storage
• Security Solutions
• Safety
• Robotics

More information at: https://www.startupindia.gov.in/content/sih/en/ams-application/challenge.html?applicationId=61d42949e4b020b2f87debb5

Eligible Countries:
India

Business Categories:
Environment, Climate Change and Ecology, Startups, Innovation

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