The Department of Science and Technology (DST) and T-Hub have partnered to create the MATH Nuage Program, which is a premier hub for AI and ML technologies.
The goal of this 12-month MATH Nuage incubation program is to hasten the development of AI/ML startups from the early stages to the growth stage. The MATH Nuage program advanced technology offerings, specialized assistance, and market access prospects have the potential to revolutionize the AI/ML startup ecosystem.
The MATH Nuage Program provides a full range of services to assist startups in overcoming typical challenges. Industry veterans will provide customized one-on-one mentorship to startups, helping them to overcome operational and strategic challenges.
Also, the program makes it easier for participants to get in touch with possible investors, which greatly increases the likelihood that they will be able to secure finance. Additionally, MATH Nuage program helps businesses find and access target markets and provide the assistance they need to grow their business successfully.
MATH Nuage program takes a need-based approach, offering individualized support catered to the unique needs of each startup, in contrast to standard incubation programs. Through the use of an extensive network of professionals and financiers, MATH Nuage guarantees that startups obtain all-encompassing support intended to promote growth and creativity.
Rahul Paith, CEO, MATH, said, “We are thrilled to launch the MATH Nuage Program, a unique initiative designed to accelerate AI/ML startups. With India’s AI market projected to reach $17 billion by 2027, there is a growing need to provide startups with essential support. Our track record of connecting startups with market and investor opportunities ensures that MATH Nuage will drive significant success for AI/ML startups in India and globally. We plan to expand the program across multiple cohorts, increase startup participation, broaden our support services, and forge new partnerships with technology providers and investors.”
Gaining access to subsidized GPUs and cloud credits will enable participants to have the computational capacity needed to create and improve their AI/ML solutions. NAIM (Nurturing AI Minds) is a unique Learning Management System (LMS) that provides customized training modules and educational resources.
It is one of the program’s most notable features. To improve the precision and effectiveness of their products, AI/ML Startups can also use large datasets for training and verifying their AI models by gaining access to data lakes.
The MATH Nuage Program starts with a rigorous onboarding step designed to evaluate and provide support to each participating startup’s unique requirements.
After that, businesses move into an implementation phase where they get access to vital resources, infrastructure, and one-on-one mentoring. Throughout the program, periodic evaluations guarantee that support is continuously modified to improve startup growth and readiness for independent scaling.
For startups interested in participating, the application process involves submitting detailed information about their technology, team composition, and specific operational requirements online. The selection process includes rigorous initial screening, subsequent interviews, and presentations to an external jury.
The program is set to begin on August 1, 2024, with a mid-term review scheduled for February 2025, and the graduation and demo day slated for July 2025. Link to apply
