With the aim to address the challenges encountered by corporates, governments and startups on Smart Cities in India, the Innovation Acceleration Group of University of California, Berkeley (UC Berkeley) has partnered with global tech firm Quantela to set-up Smart City Accelerator and Innovation Centers.
This alliance was announced at an event held in New Delhi in the presence of Deepak Bagla, Managing Director & CEO – Invest India, Manav Subodh, Director, Smart Cities India, Sridhar Gadhi Founder and CEO, Quantela; Mark Searle, Managing Director UC Berkeley Innovation Acceleration Group and Sanjay Jaju Secretary, Department of Defence Production.
Taking cognizance of Barkeley-Quantela Accelerator – it acts as an opportunity for startups to build and grow in the field of Smart Cities. In order to succeed on a comprehensive scale, this platform provides the required mentorship and guidance. The accelerator will play an important part in teaching selected startups intensive immersion in innovation developments designed to identify business opportunities, validate product ideas through Investment Readiness Levels, manage team dynamics, engage with potential customers, and build scalable business models in India.
Also, the designing of innovative acceleration programs, teaching, delivery, and curriculum will be done by UC Berkeley. An important emphasis will be made on the coaching of Lean Startup methods and customer development process for selected startups and assist and supervising innovation projects from the ideation to validated business models.